Insurance Sales Agent salary in New Mexico
Insurance Sales Agents in New Mexico earn a median of $45,180 a year ($21.72 an hour), based on BLS data for 2,200 workers.
Pay ranges from $29,290 for the lowest-paid 10% to $99,340 for the top 10%. That is 27% lower than the national median of $62,280. New Mexico ranks 51st of 51 states for insurance sales agents pay. There are 2.5 insurance sales agents per 1,000 jobs here — close to the national average. The average (mean) salary is $59,040, above the median because a few high earners pull it up.
Pay range for insurance sales agents in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $29,290 | $14.08 |
| 25th percentile | $36,500 | $17.55 |
| Median | $45,180 | $21.72 |
| 75th percentile | $71,000 | $34.13 |
| 90th percentile (top earners) | $99,340 | $47.76 |
| Average (mean) | $59,040 | $28.39 |
Half of insurance sales agents earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $3,765 |
| Semi-monthly (24 a year) | $1,882.50 |
| Biweekly (26 a year) | $1,737.69 |
| Weekly | $868.85 |
| Hourly | $21.72 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Sales Agent salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Santa Fe, NM | $46,580 | 90 |
| Albuquerque, NM | $45,760 | 1,140 |
| Farmington, NM | $43,780 | 120 |
| Las Cruces, NM | $36,760 | 260 |
Highest-paying states for insurance sales agents
| State | Median salary |
|---|---|
| District of Columbia | $84,530 |
| New Jersey | $81,640 |
| Rhode Island | $79,930 |
| Wisconsin | $79,450 |
| Massachusetts | $79,300 |
| Minnesota | $78,640 |
| New York | $78,110 |
| California | $76,120 |
| Connecticut | $74,840 |
| New Hampshire | $74,370 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $61,880 | $29.75 |
| Securities, Commodities, and Financial Services Sales Agents | $60,850 | $29.25 |
| Advertising Sales Agent | $45,620 | $21.93 |
| Travel Agent | $44,700 | $21.49 |
| Retail Salesperson | $33,300 | $16.01 |
| Cashier | $30,120 | $14.48 |
| First-Line Supervisors of Retail Sales Workers | $46,550 | $22.38 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,320 | $29.48 |
| Counter and Rental Clerks | $35,580 | $17.11 |
| Parts Salesperson | $36,890 | $17.74 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $87,310 | $41.98 |
| First-Line Supervisors of Non-Retail Sales Workers | $75,540 | $36.32 |
| Demonstrators and Product Promoters | $29,110 | $14.00 |
| Real Estate Sales Agent | $76,170 | $36.62 |
More: Sales and Related Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-3021. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance sales agent make in New Mexico?
The median salary for insurance sales agents in New Mexico is $45,180 a year, or $21.72 an hour. Pay ranges from $29,290 for the lowest-paid 10% to $99,340 for the top 10%.
How much do the highest-paid insurance sales agents make in New Mexico?
The top 10% of insurance sales agents in New Mexico earn at least $99,340 a year. The top 25% earn $71,000 or more.
What is the starting pay for insurance sales agents in New Mexico?
Entry-level pay (the 10th percentile) is about $29,290 a year, and a quarter of insurance sales agents earn $36,500 or less.
How many insurance sales agents work in New Mexico?
About 2,200 insurance sales agents are employed in New Mexico, not counting the self-employed.