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

Santa Fe, NM
$57,233
Pop. 87,505
Rio Rancho, NM
$47,868
Pop. 104,046
Las Cruces, NM
$45,786
Pop. 111,385
Roswell, NM
$42,665
Pop. 48,422

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.

Find Real Estate Agent Jobs in Albuquerque

Browse open real estate agent positions in Albuquerque, NM:

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Frequently Asked Questions: Real Estate Agent Salary in Albuquerque

How much does a Real Estate Agent make in Albuquerque, NM? ▼
The median real estate agent salary in Albuquerque, New Mexico is $49,429 per year, which is 5% below the national median of $52,030. Salaries range from $27,360 (10th percentile) to $106,780 (90th percentile).
How much does a Real Estate Agent make per hour in Albuquerque? ▼
Based on the median annual salary of $49,429, a real estate agent in Albuquerque earns approximately $24 per hour assuming a standard 2,080-hour work year.
How does Albuquerque compare to the New Mexico state average for real estate agent pay? ▼
Albuquerque's median real estate agent salary of $49,429 is 2.2% above the New Mexico state average of $48,388. The local cost of living index is 95% of the national average.
What is the cost of living in Albuquerque, NM? ▼
Albuquerque has a cost of living index of 95% compared to the national average. This means a real estate agent salary of $49,429 in Albuquerque has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Albuquerque? ▼
Most real estate agent positions in Albuquerque require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.