SOC 41-9021 · May 2025 · BLS OEWS
Real Estate Brokers — New Mexico
New Mexico · 1 metro areas compared
In New Mexico the median wage for Real Estate Brokers is $80,340 a year, which is 9.7% higher than the national figure of $73,220.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
In New Mexico the median wage for Real Estate Brokers is $80,340 a year, which is 9.7% higher than the national figure of $73,220. Half of workers earn between $63,670 and $139,700. Beyond that band, the tenth percentile sits at $61,360 and the ninetieth at $154,620.
Among the 36 states with published data for this occupation, New Mexico ranks 9th by median wage. Albuquerque leads the state's metro areas for this occupation, at $80,340. Set against every other occupation measured in the same area, it ranks 158th of 634 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $61,360 | −16.2% |
| 25th | $63,670 | −13.0% |
| Median (50th) | $80,340 | +9.7% |
| 75th | $139,700 | +90.8% |
| 90th | $154,620 | +111.2% |
| Mean | $96,320 | +31.5% |
Highest-paying metro areas in New Mexico
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Albuquerque | $80,340 | — |
What the pay is worth locally
Prices in New Mexico run 7.8% below the national average, so the median of $80,340 goes as far as $87,137 would elsewhere in the country. Measured that way it compares to the national median at 19.0% above the national median in real terms.
Published median
$80,340as reported by BLSLocal price level
92.2US average = 100 · BEA 2024Adjusted for local prices
$87,137US average = 100 · BEA 2024Key takeaways
- Median pay is $80,340 a year, 9.7% above the national median.
- Published pay spans $61,360 to $154,620 between the tenth and ninetieth percentiles.
- It ranks 9th of 36 states for this occupation.
- The highest-paying metro area covered is Albuquerque, at $80,340.
Frequently asked questions
What is the median wage for Real Estate Brokers in New Mexico?
The median annual wage is $80,340, or $38.63 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 $73,220, so pay in New Mexico is 9.7% higher. 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 $154,620 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $61,360 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 Albuquerque, at $80,340 per year.
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.
Explore related data