Business & Finance Santa Fe, NM Pop. 87,505

Real Estate Agent Salary in Santa Fe, New Mexico

The median real estate agent salary in Santa Fe, NM is $57,233 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$57,233
vs State Avg
+$8,845
vs National
+$5,203
Cost of Living
110%

Real Estate Agent Salary in Santa Fe by Experience

In Santa Fe, an entry-level real estate agent earns around $33,000, while experienced professionals earn up to $121,000 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$33,000
+$3,000 vs national
Mid Level (3-7 yrs)
$60,500
+$5,500 vs national
Senior Level (8+ yrs)
$121,000
+$11,000 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $31,680
25th Percentile $38,940
Median (50th) $57,233
75th Percentile $83,820
90th Percentile $123,640

Real Estate Agent Salary in Other New Mexico Cities

How to Become a Real Estate Agent in Santa Fe

Education

Most real estate agent positions require a high school diploma. Santa Fe 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 Santa Fe may vary based on local industry and population growth.