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Real Estate Brokers Salary in New Mexico
Last updated: 2025 BLS data · Page refreshed:
How much do Real Estate Brokers make in New Mexico?
Last updated: 2025 data from the Bureau of Labor Statistics
$80,340
Median Annual Salary
▲
+3.1% vs 2024
$96,320
Mean Salary
$80,340
Median Salary
$38.62
Hourly Rate
Real Estate Brokers salary by percentile in New Mexico
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Real Estate Brokers in New Mexico earn a median salary of $80,340 per year ($6,695/month).
This is 14.6% above the national average of $70,075.
New Mexico ranks #9 out of 36 states for Real Estate Brokers pay.
Salaries increased by 3.1% compared to 2024.
About This Job: Real Estate Brokers
Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
Top Skills
Speaking
4.0
Reading Comprehension
3.88
Active Listening
3.88
Critical Thinking
3.88
Active Learning
3.62
Key Knowledge Areas
Sales and Marketing
4.49
Customer and Personal Service
4.26
English Language
4.13
Law and Government
4.0
Administration and Management
3.94
Typical Education: Bachelor's Degree
(36.7% of workers)
Salaries for Real Estate Brokers in New Mexico range from $61,360 at the 10th percentile (entry level) to $154,620 at the 90th percentile (experienced). The middle 50% earn between $63,670 and $139,700.
How much do Real Estate Brokers make in New Mexico?
The median annual salary for Real Estate Brokers in New Mexico is $80,340 as of 2025. The average (mean) salary is $96,320.
What is the salary range for a Real Estate Brokers in New Mexico?
Salaries for Real Estate Brokers in New Mexico range from $61,360 at the 10th percentile to $154,620 at the 90th percentile. The middle 50% earn between $63,670 and $139,700.
What is the starting salary for a Real Estate Brokers in New Mexico?
Entry-level Real Estate Brokers positions in New Mexico typically start around $61,360 (10th percentile). With some experience, salaries rise to $63,670 (25th percentile).
What is the hourly rate for a Real Estate Brokers in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in New Mexico is approximately $38.62 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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