Real Estate Agent Pay

Albuquerque vs Farmington: Real Estate Agent Salary (2026)

Compare real estate agent salaries between Albuquerque, NM and Farmington, NM. All figures are 2026 estimates projected from BLS 2025 data.

Albuquerque, NM
$64,767
$31.14/hr
Farmington, NM
$92,538
$44.49/hr

Side-by-Side Comparison

MetricAlbuquerque, NMFarmington, NM
Median Salary$64,767$92,538
Hourly Rate$31.14$44.49
Entry Level (P10)$39,006$61,509
25th Percentile$59,915$80,033
75th Percentile$113,061$110,960
Top Earner (P90)$116,096$155,001
Total EmployedN/A30
Side-by-side bar chart comparing Albuquerque ($64,767) and Farmington ($92,538) real estate agent salaries.AlbuquerqueFarmingtonMedian Salary$64,767$92,538Entry Level (P10)$39,006$61,509Top Earner (P90)$116,096$155,001US Median $53,622

Verdict

Farmington, NM offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to Albuquerque.

The salary gap between Albuquerque and Farmington is $27,771 (42.88%). Farmington's median is +72.57% compared to the US national median of $53,622.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Albuquerque spans $77,090,Farmington spans $93,492. Farmington has a wider pay range, suggesting more variation in pay between entry-level and experienced real estate agents.

Albuquerque
P10 (Entry)$39,006
P25$59,915
Median$64,767
P75$113,061
P90 (Top)$116,096
Farmington
P10 (Entry)$61,509
P25$80,033
Median$92,538
P75$110,960
P90 (Top)$155,001

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Farmington ($105,508 effective) pays 55.65% more than Albuquerque ($67,786 effective).

Albuquerque
Nominal: $64,767
CoL Index: 95.546
Adjusted: $67,786
Farmington
Nominal: $92,538
CoL Index: 87.707
Adjusted: $105,508

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Albuquerque if…

  • You prefer the New Mexico area and lifestyle

Choose Farmington if…

  • Higher median salary ($92,538/year)
  • Better top-earner potential ($155,001)
  • Larger job market (30 employed)
  • Better purchasing power (CoL-adjusted: $105,508)
  • You prefer the New Mexico area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Albuquerque grew 11.1% from 2019 to 2025, compared to 20.9% growth in Farmington over the same period.

Albuquerque, NM

+11.1%

$57,430 (2019) → $63,810 (2025)

Farmington, NM

+20.9%

$75,410 (2021) → $91,170 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Albuquerque or Farmington?

Farmington has a higher median real estate agent salary at $92,538/year, compared to Albuquerque at $64,767/year — a difference of $27,771 (42.88%).

What is the hourly rate difference between Albuquerque and Farmington?

Albuquerque real estate agents earn $31.14/hr while Farmington hygienists earn $44.49/hr (2026 est.).

Should I relocate from Albuquerque to Farmington as a real estate agent?

Consider more than just salary when comparing Albuquerque and Farmington. Factor in cost of living (CoL-adjusted: Albuquerque = $67,786, Farmington = $105,508), commute, and career growth potential.

What do entry-level real estate agents earn in Albuquerque vs Farmington?

Entry-level (10th percentile) real estate agents earn $39,006 in Albuquerque and $61,509 in Farmington. The Farmington area offers higher starting salaries.
MG

Written by Maria Gonzalez, REALTOR®

Career Analyst

Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.

Clinically reviewed by David Chen, REALTOR®Data verified by Fatima Ali, REALTOR®

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.50% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov