Insurance Sales Agents Salary in New Mexico
SOC 41-3021 · New Mexico · BLS OEWS May 2024
The median salary for Insurance Sales Agents in New Mexico is $46,987 per year ($22.59/hr). This is 22.2% lower than the national median of $60,362. The middle 50% earn between $36,899 and $74,485 annually. Top earners at the 90th percentile reach $147,826.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $16.77 | $34,882 | -4.2% |
| P25 | $17.74 | $36,899 | -18.9% |
| P50MEDIAN | $22.59 | $46,987 | -22.2% |
| P75 | $35.81 | $74,485 | -18.3% |
| P90 | $71.07 | $147,826 | +9.0% |
Market Context Signal
Retail saw layoffs increase by 72K in February. For professional roles in retail orgs, conditions are more stable than frontline, but the sector is softening.
Frequently Asked Questions
What is the median insurance sales agents salary in New Mexico?
The median (P50) annual salary for Insurance Sales Agents in New Mexico is approximately $46,987, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 22.2% lower than the national median of $60,362.
What is the salary range for entry-level insurance sales agents in New Mexico?
Entry-level Insurance Sales Agents (10th percentile) in New Mexico earn approximately $34,882 per year. The 25th percentile is $36,899. Top earners (90th percentile) reach $147,826.
How does New Mexico compare to the national average for insurance sales agents?
New Mexico pays 22.2% lower than the national average. The national P50 is $60,362 vs $46,987 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Insurance Sales Agents Salary by Location
Other Roles in New Mexico
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