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verified BLS-Verified Source: U.S. Bureau of Labor Statistics (BLS) May 2025 release

Real Estate Agent Salary in New Mexico

Median Annual in New Mexico
$76,170/yr
Median Hourly Wage
$36.62/hr
▲ 44% above U.S. median

Salary Distribution in New Mexico

groups Employed in NM
550
public U.S. Median
$52,830
savings Real pay (cost-adjusted)
$82,603 #7 of 48

Real Estate Agent pay in New Mexico, explained

Real estate agents in New Mexico earn a median of $76,170 per year ($36.62 per hour), which is 44% above the national median of $52,830. Entry-level workers earn around $38,340, while the most experienced real estate agents reach about $151,560. Pay varies by employer, setting, and metro area within New Mexico.

Is $76,170 good pay in New Mexico?

Adjusted for New Mexico's cost of living (which runs 92% of the U.S. average), that $76,170 is worth about $82,603 in national buying power — ranking New Mexico #7 for real pay (vs #8 on the sticker number).

See the full Real Estate Agent Real Pay Index arrow_forward

Real Estate Agent pay by experience in New Mexico

Entry level (10th pct)
$38,340
$18.43/hr
Median
Mid-career (50th pct)
$76,170
$36.62/hr
Experienced (90th pct)
$151,560
$72.87/hr

Real Estate Agent pay in neighboring states

StateMedian / yrReal payvs NM
New Mexico (here) $76,170 $82,603 —
Colorado $63,670 $61,784 +$12,500
Arizona $58,780 $58,385 +$17,390
Utah $50,720 $51,303 +$25,450
Oklahoma $47,980 $54,620 +$28,190
Texas $45,740 $47,127 +$30,430

Real Estate Agent in New Mexico: FAQ

How much do real estate agents make in New Mexico?

Real estate agents in New Mexico earn a median of $76,170 per year ($36.62 per hour), compared with $52,830 nationally.

Does New Mexico pay real estate agents well?

At $76,170, New Mexico pays 44% above the national median for real estate agents. An estimated 550 work in the state.

Real Estate Agent salary in other states

District of Columbia · $123,770 New York · $102,990 New Jersey · $99,990 Alaska · $89,170 Nevada · $79,990 Washington · $79,130 Montana · $79,100 North Dakota · $73,920 South Dakota · $65,170 Virginia · $63,980 Colorado · $63,670 Oregon · $61,610

All 48 states ranked arrow_forward

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