Real Estate Agent Pay

Farmington vs Las Vegas: Real Estate Agent Salary (2026)

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

Farmington, NM
$92,538
$44.49/hr
Las Vegas, NM
$47,055
$22.62/hr

Side-by-Side Comparison

MetricFarmington, NMLas Vegas, NM
Median Salary$92,538$47,055
Hourly Rate$44.49$22.62
Entry Level (P10)$61,509$32,538
25th Percentile$80,033$37,364
75th Percentile$110,960$60,231
Top Earner (P90)$155,001$72,936
Total Employed305
Side-by-side bar chart comparing Farmington ($92,538) and Las Vegas ($47,055) real estate agent salaries.FarmingtonLas VegasMedian Salary$92,538$47,055Entry Level (P10)$61,509$32,538Top Earner (P90)$155,001$72,936US Median $53,622

Verdict

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

The salary gap between Farmington and Las Vegas is $45,483 (96.66%). 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 Farmington spans $93,492,Las Vegas spans $40,398. Farmington has a wider pay range, meaning more potential for high earners but also more variation.

Farmington
P10 (Entry)$61,509
P25$80,033
Median$92,538
P75$110,960
P90 (Top)$155,001
Las Vegas
P10 (Entry)$32,538
P25$37,364
Median$47,055
P75$60,231
P90 (Top)$72,936

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Farmington ($105,508 effective) pays 111.67% more than Las Vegas ($49,846 effective).

Farmington
Nominal: $92,538
CoL Index: 87.707
Adjusted: $105,508
Las Vegas
Nominal: $47,055
CoL Index: 94.4
Adjusted: $49,846

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

Which City Is Right for You?

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

Choose Las Vegas if…

  • You prefer the New Mexico area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Farmington grew 20.9% from 2021 to 2025, compared to -14.8% growth in Las Vegas over the same period.

Farmington, NM

+20.9%

$75,410 (2021) → $91,170 (2025)

Las Vegas, NM

+-14.8%

$54,407 (2024) → $46,360 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Farmington or Las Vegas?

Farmington has a higher median real estate agent salary at $92,538/year, compared to Las Vegas at $47,055/year — a difference of $45,483 (96.66%).

What is the hourly rate difference between Farmington and Las Vegas?

Farmington real estate agents earn $44.49/hr while Las Vegas hygienists earn $22.62/hr (2026 est.).

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

Consider more than just salary when comparing Farmington and Las Vegas. Factor in cost of living (CoL-adjusted: Farmington = $105,508, Las Vegas = $49,846), job availability (30 vs 5 employed), commute, and career growth potential.

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

Entry-level (10th percentile) real estate agents earn $61,509 in Farmington and $32,538 in Las Vegas. 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