Business & Finance Albuquerque, NM Pop. 564,559

Real Estate Agent Salary in Albuquerque, New Mexico

The median real estate agent salary in Albuquerque, NM is $49,429 per year, which is 5% below the national median and 2.2% above the New Mexico state average.

City Median
$49,429
vs State Avg
+$1,041
vs National
$-2,601
Cost of Living
95%

Real Estate Agent Salary in Albuquerque by Experience

In Albuquerque, an entry-level real estate agent earns around $28,500, while experienced professionals earn up to $104,500 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$28,500
$-1,500 vs national
Mid Level (3-7 yrs)
$52,250
$-2,750 vs national
Senior Level (8+ yrs)
$104,500
$-5,500 vs national

Salary Percentiles in Albuquerque, NM

Percentile Albuquerque
10th Percentile $27,360
25th Percentile $33,630
Median (50th) $49,429
75th Percentile $72,390
90th Percentile $106,780

Real Estate Agent Salary in Other New Mexico Cities

How to Become a Real Estate Agent in Albuquerque

Education

Most real estate agent positions require a high school diploma. Albuquerque and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Albuquerque may vary based on local industry and population growth.