How Much do Insurance Agents Make in New Mexico?

Do insurance agents in New Mexico make a lot of money? What is the average pay for New Mexico insurance agents?

According to the Bureau of Labor Statistics, insurance agents in New Mexico earn an average of $45,990 a year, equivalent to $22.11 an hour.

This is 32% less than insurance agents nationwide and 2% less than the typical New Mexico worker.

  • Latest wage data is for May 2019
  • Pre-tax earnings; Wages only - does not include benefits
New Mexico Insurance Agent Wages by Percentile
Percentile Hourly Annually
90th $36.66 $76,250
75th $25.94 $53,950
50th $16.62 $34,560
25th $13.76 $28,630
10th $12.42 $25,840
New Mexico Insurance Agents Wages by Metro Area
  • Data is for the entire metro area, not just the city
Metro Area Hourly Annually
Albuquerque $21.12 $43,930
Farmington $33.33 $69,330
Las Cruces $16.52 $34,370
New Mexico Insurance Agent Wages by Year
Year Hourly Annually
2019 $22.11 $45,990
2018 $22.63 $47,070
2017 $23.06 $47,970
2016 $24.25 $50,430
2015 $23.41 $48,690
2014 $22.40 $46,600
2013 $22.49 $46,790
2012 $22.70 $47,210
2011 $23.21 $48,280