Farmington vs South Valley: Real Estate Agent Salary (2026)
Compare real estate agent salaries between Farmington, NM and South Valley, NM. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Farmington, NM | South Valley, NM |
|---|---|---|
| Median Salary | $92,538▲ | $49,021 |
| Hourly Rate | $44.49▲ | $23.57 |
| Entry Level (P10) | $61,509▲ | $29,570 |
| 25th Percentile | $80,033▲ | $38,883 |
| 75th Percentile | $110,960▲ | $62,747 |
| Top Earner (P90) | $155,001▲ | $75,983 |
| Total Employed | 30▲ | 6 |
Verdict
Farmington, NM offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to South Valley.
The salary gap between Farmington and South Valley is $43,517 (88.77%). 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,South Valley spans $46,413. Farmington has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Farmington ($105,508 effective) pays 103.18% more than South Valley ($51,929 effective).
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 South Valley 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 South Valley over the same period.
Farmington, NM
$75,410 (2021) → $91,170 (2025)
South Valley, NM
$56,679 (2024) → $48,297 (2025)
View Full Salary Data
Farmington, NM
South Valley, NM
Frequently Asked Questions
Which city pays real estate agents more: Farmington or South Valley?
What is the hourly rate difference between Farmington and South Valley?
Should I relocate from Farmington to South Valley as a real estate agent?
What do entry-level real estate agents earn in Farmington vs South Valley?
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.
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