Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| New Mexico | National | Difference | |
|---|---|---|---|
| Median annual salary | $76,170 | $55,733 | +37% |
| Median hourly wage | $36.62 | $26.79 | +37% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $82,614.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| Albuquerque | $50,958 | $31,500 | $108,000 | 94 |
The median annual salary for a Real Estate Agent in New Mexico is $76,170, or about $36.62 per hour, according to BLS OEWS data.
The national median for Real Estate Agents is $55,733. New Mexico is +37% above the national median.
Entry-level real estate agents in New Mexico typically earn from $31,500 depending on the city and employer.
With 550 real estate agent jobs on record and a median salary of $76,170, New Mexico offers above-average pay compared to the rest of the country.
By median annual wage, real estate agents rank 190 of the 634 occupations reported in New Mexico — higher than 70% of them.
Among occupations in the same job family, Sales Engineers at $119,420, Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products at $87,310, Real Estate Brokers at $80,340 — all figures are median annual wages for New Mexico.
No. Every figure on this page is a gross (pre-tax) wage. New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).
By median annual wage, real estate agents rank 190 of the 634 occupations reported in New Mexico — higher than 70% of them.
| Occupation in the same job family | Median in New Mexico | Jobs |
|---|---|---|
| Sales Engineers | $119,420 | $80 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $87,310 | $980 |
| Real Estate Brokers | $80,340 | — |
| First-Line Supervisors of Non-Retail Sales Workers | $75,540 | $880 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $61,880 | $3,790 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,320 | $3,660 |
New Mexico levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 94.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 634 occupations in New Mexico.