Real Estate Broker Salary in New Mexico
Median annual pay in New Mexico
$80,340
$38.63/hour
BLS OEWS, May 2025
Adjusted for cost of living in New Mexico
$87,125
Regional Price Parity: 92.212 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($73,220): +$7,120 (+9.7%)
New Mexico ranks 9th of 36 states by median pay, and 5th of 36 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $61,360 | $29.50 |
| 25th percentile | $63,670 | $30.61 |
| Median | $80,340 | $38.63 |
| 75th percentile | $139,700 | $67.16 |
| 90th percentile | $154,620 | $74.34 |
Employment
- Employment in New Mexico
- Not published
BLS does not publish this figure for New Mexico.
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Comparison
Compared with the U.S.
- Median annual pay in New Mexico
- $80,340
- Median annual pay in the U.S.
- $73,220
- Difference
- +$7,120 (+9.7%)
Cost of living
$80,340 ÷ 92.212 × 100 = $87,125
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Maryland | ||
| 7th | $81,550 | $77,697 12th |
| California | ||
| 8th | $80,450 | $72,661 17th |
| New Mexico This page | ||
| 9th | $80,340 | $87,125 5th |
| Colorado | ||
| 10th | $79,970 | $77,602 13th |
| Virginia | ||
| 11th | $77,270 | $76,426 15th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Real Estate Sales Agent salary in the U.S.
$52,830/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Loan Officer salary in New Mexico
$62,610/year New Mexico
- Buyer and Purchasing Agent salary in the U.S.
$77,710/year U.S.
- Sales Manager salary in New Mexico
$114,080/year New Mexico
- Insurance Sales Agent salary in the U.S.
$62,280/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +0.8%
- Typical education needed for entry (U.S.)
- High school diploma or equivalent
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Real Estate Broker salary in nearby places
- Real Estate Broker salary in Arizona
$74,260/year Arizona
- Real Estate Broker salary in Colorado
$79,970/year Colorado
- Real Estate Broker salary in Texas
$63,390/year Texas
- Real Estate Broker salary in Utah
$92,830/year Utah
- Real Estate Broker salary in the U.S.
$73,220/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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