SOC 41-3021 · May 2025 · BLS OEWS
Insurance Sales Agents — New Mexico
New Mexico · 4 metro areas compared
At $45,180, this is one of the lower medians recorded for Insurance Sales Agents, 27.5% beneath the national figure of $62,280.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
At $45,180, this is one of the lower medians recorded for Insurance Sales Agents, 27.5% beneath the national figure of $62,280. The middle half of workers in this occupation earn between $36,500 and $71,000. The lowest tenth earn under $29,290, while the highest tenth earn more than $99,340.
The area has 2,200 jobs in this occupation, giving a location quotient of 0.82 — a measure of how concentrated the occupation is here relative to the country as a whole. Among the 51 states with published data for this occupation, New Mexico ranks 51st by median wage. Santa Fe leads the state's metro areas for this occupation, at $46,580. Set against every other occupation measured in the same area, it ranks 457th of 634 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $29,290 | −53.0% |
| 25th | $36,500 | −41.4% |
| Median (50th) | $45,180 | −27.5% |
| 75th | $71,000 | +14.0% |
| 90th | $99,340 | +59.5% |
| Mean | $59,040 | −5.2% |
Highest-paying metro areas in New Mexico
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Santa Fe | $46,580 | 90 | |
| 2 | Albuquerque | $45,760 | 1,140 | |
| 3 | Farmington | $43,780 | 120 | |
| 4 | Las Cruces | $36,760 | 260 |
What the pay is worth locally
Prices in New Mexico run 7.8% below the national average, so the median of $45,180 goes as far as $49,002 would elsewhere in the country. Measured that way it compares to the national median at 21.3% below the national median in real terms.
Published median
$45,180as reported by BLSLocal price level
92.2US average = 100 · BEA 2024Adjusted for local prices
$49,002US average = 100 · BEA 2024Key takeaways
- Median pay is $45,180 a year, 27.5% below the national median.
- Published pay spans $29,290 to $99,340 between the tenth and ninetieth percentiles.
- The area has 2,200 jobs in this occupation.
- It ranks 51st of 51 states for this occupation.
- The highest-paying metro area covered is Santa Fe, at $46,580.
Frequently asked questions
What is the median wage for Insurance Sales Agents in New Mexico?
The median annual wage is $45,180, or $21.72 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $62,280, so pay in New Mexico is 27.5% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in New Mexico earns more than $99,340 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $29,290 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Santa Fe, at $46,580 per year.
How many jobs are there in this occupation here?
The survey estimates 2,200 jobs in this occupation in New Mexico. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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