How much do real estate agents make in New Mexico?
Agents and brokers in New Mexico
| Occupation | Employed | 25th pct | Median | 75th pct | Median hourly |
|---|---|---|---|---|---|
| Real estate sales agents (41-9022) | 550 | $56,880 | $76,170 | $111,390 | $36.62 |
| Real estate brokers (41-9021) | — | $63,670 | $80,340 | $139,700 | $38.63 |
New Mexico against the states around it
| # | State | Agent median | Broker median |
|---|---|---|---|
| 6 | Washington | $82,790 | |
| 7 | Montana | $63,240 | |
| 8 | New Mexico | $80,340 | |
| 9 | North Dakota | $73,300 | |
| 10 | South Dakota | — |
The full ranking of all 48 states is on the home page. Highest agent median: District of Columbia at $123,770; lowest: Arkansas at $38,180.
How many agents work in New Mexico
The BLS counts 550 employed sales agents in New Mexico, which understates the licensed population because most agents are independent contractors. US Realtor List's New Mexico realtor list counts the agents with a published, current business email on brokerage rosters and licence registers, and prints that figure on its state page; the two numbers measure different things and the second is usually larger.
Questions
How much do real estate agents make in New Mexico?
The median real estate sales agent in New Mexico earned $76,170 a year in May 2025, according to the Bureau of Labor Statistics. The 25th percentile earned $56,880 and the 75th percentile $111,390. That median ranks New Mexico 8 of 48 states.
How much do real estate brokers make in New Mexico?
Brokers in New Mexico had a median wage of $80,340 (25th percentile $63,670, 75th percentile $139,700) in the same survey.
Is that a salary or commission?
Most agents are paid by commission, and the BLS figure is annual wage income reported by employers for people working as sales agents. It includes commission-based pay reported through payroll but not every independent contractor, so a busy agent at a large brokerage can earn well above the 75th percentile figure.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 state file state_M2025_dl.xlsx (oesm25st.zip), occupations 41-9022 (Real Estate Sales Agents) and 41-9021 (Real Estate Brokers), New Mexico, read September 8, 2026. Hourly figures divide the annual wage by 2,080 hours. Rank computed from the 48 published state medians.