Business & Finance New Mexico (NM) Rank #29 of 50

Real Estate Appraiser Salary in New Mexico

The median real estate appraiser salary in New Mexico is $57,493 per year, which is 7% below the national median of $61,820.

Median Salary
$57,493
vs National
$-4,327
State Rank
#29 of 50
Cost of Living
93%

Real Estate Appraiser Salary in New Mexico by Experience

In New Mexico, an entry-level real estate appraiser earns around $35,340, while experienced professionals earn up to $89,280 per year. The cost of living index in New Mexico is 93% of the national average.

Entry Level (0-2 yrs)
$35,340
$-2,660 vs national
Mid Level (3-7 yrs)
$58,590
$-4,410 vs national
Senior Level (8+ yrs)
$89,280
$-6,720 vs national

Salary Percentiles in New Mexico

Percentile NM Salary
10th Percentile $33,480
25th Percentile $42,780
Median (50th) $57,493
75th Percentile $74,400
90th Percentile $94,860

Real Estate Appraiser Salary by City in New Mexico

The largest employment areas for real estate appraisers in New Mexico include Albuquerque, Las Cruces, Rio Rancho, and Santa Fe. Salaries vary by city based on local cost of living and demand.

Albuquerque, NM
$58,729
Pop. 564,559 · COL 95%
Las Cruces, NM
$54,402
Pop. 111,385 · COL 88%
Rio Rancho, NM
$56,874
Pop. 104,046 · COL 92%
Santa Fe, NM
$68,002
Pop. 87,505 · COL 110%
Roswell, NM
$50,692
Pop. 48,422 · COL 82%

How to Become a Real Estate Appraiser in New Mexico

Education

Most real estate appraiser positions require a bachelor's degree. New Mexico has several accredited institutions offering relevant programs.

Key Skills

Property ValuationMarket AnalysisReport WritingUSPAP StandardsMLS SystemsAttention to Detail

Job Outlook in New Mexico

Nationally, real estate appraiser employment is projected to grow 5% over the next decade (faster than average). New Mexico's demand may vary based on local industry trends.

Find Real Estate Appraiser Jobs in New Mexico

Browse open real estate appraiser positions in New Mexico:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Appraiser Salary in New Mexico

How much does a Real Estate Appraiser make in New Mexico? ▼
The median real estate appraiser salary in New Mexico is $57,493 per year, which is 7% below the national median of $61,820. Salaries range from $33,480 (10th percentile) to $94,860 (90th percentile).
How much does a Real Estate Appraiser make per hour in New Mexico? ▼
Based on the median annual salary of $57,493, a real estate appraiser in New Mexico earns approximately $28 per hour assuming a standard 2,080-hour work year.
Is New Mexico a good state for real estate appraisers? ▼
New Mexico ranks #29 out of 50 states for real estate appraiser pay. The cost of living index is 93% of the national average. Entry-level real estate appraisers earn $35,340, while senior professionals earn $89,280.
How does New Mexico compare to other states for real estate appraiser salary? ▼
The highest paying state for real estate appraisers is Hawaii at $105,094. New Mexico's median of $57,493 ranks #29 nationally. Nearby-ranked states include North Carolina ($58,729) and Idaho ($58,111).
What is the entry-level real estate appraiser salary in New Mexico? ▼
An entry-level real estate appraiser in New Mexico earns approximately $35,340 per year. With 3-7 years of experience, pay increases to around $58,590. Senior-level professionals with 8+ years earn up to $89,280.
What city in New Mexico pays real estate appraisers the most? ▼
Santa Fe is the highest paying city in New Mexico for real estate appraisers, with a median salary of $68,002. Other cities include Albuquerque and Las Cruces.