NM · SOC 41-3021 · Most current data

Insurance Sales Agents Salary in New Mexico

Median Annual Salary $46,990 -22% below national average (national: $60,370)
$68,530Mean Annual
$23Median Hourly
1,930Employed in State

New Mexico ranks 48th of 51 states and D.C. for insurance sales agents pay, trailing top-paying Minnesota ($78,650) by $31,660 — a 67% gap.

The 10th-to-90th percentile range runs from $34,870 to $147,820 — a $112,950 spread, 14% wider than the national $99,270 range.

Insurance Sales Agents are less concentrated in New Mexico than the U.S. average — a location quotient of 0.74 means the occupation's share of local jobs is 1.35× below the national share.

Salary Range: 10th to 90th Percentile

$46,990
$34,870
10th pct.
$147,820
90th pct.

Full Percentile Breakdown

PercentileAnnual WageHourly Wage
10th percentile (entry-level)$34,870$16.77
25th percentile$36,900$17.74
50th percentile (median)$46,990$22.59
75th percentile$74,480$35.81
90th percentile (top earners)$147,820$71.07
Mean (average)$68,530$32.95

How New Mexico Compares

StateMedian Annualvs. New Mexico
New Mexico (current) $46,990 n/a
Minnesota $78,650 +67%
New Jersey $78,080 +66%
Massachusetts $77,660 +65%
Connecticut $77,090 +64%
New York $75,860 +61%
District of Columbia $75,180 +60%
Rhode Island $74,360 +58%
Wisconsin $70,650 +50%

Showing top-paying states with available data. View all states →

Frequently Asked Questions

What is the average Insurance Sales Agents salary in New Mexico?

The mean insurance sales agents salary in New Mexico is $68,530 per year. The median (middle) salary is $46,990 per year.

What is the starting salary for a Insurance Sales Agents in New Mexico?

Entry-level insurance sales agentss (10th percentile) in New Mexico typically earn around $34,870 per year. Workers at the 25th percentile earn approximately $36,900 per year.

What is the highest Insurance Sales Agents salary in New Mexico?

Top earners (90th percentile) in this occupation in New Mexico make approximately $147,820 per year. Those in the 75th percentile earn around $74,480 per year.

How does the New Mexico Insurance Sales Agents salary compare to the national average?

The median insurance sales agents salary in New Mexico is $46,990, which is -22% below national average of $60,370.

Figures use the most current federal occupational wage survey. All wages are estimates; actual pay varies by experience, education, and employer. About the data.