Real Estate Agent Salary in Albuquerque, NM: $64,767 (2026)
Quick Answer:A full-time real estate agent in Albuquerque, NM earns a median $64,767/year (≈ $31.14/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Albuquerque's price level (4% below national, BEA RPP 95.5), that paycheck buys what $67,786 would nationally. Nominal pay sits 27.9% above the New Mexico state average.
Official BLS data · View source
Real estate agent salaries in Albuquerque, NM, reflect a dynamic marketplace, with the median annual pay projected at $64,767, marking a significant 20.78% increase compared to the national median of $53,622. Salary ranges exhibit significant variability, with the lowest 10% earning around $39,006 and the top 10% potentially making as much as $116,096. This data, derived from 2025 BLS OEWS surveys and projected to 2026, indicates that agents in Albuquerque have the advantage of a relatively affordable cost of living index of 95.546, allowing for a more favorable lifestyle when compared to higher-cost urban areas. The structural choice between joining a team, working solo, or engaging with commercial brokerages plays a crucial role in the earning potential, given that commission splits and market focus impact overall compensation.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $39,006 | $18.76 |
| Lower Range (P25) | $59,915 | $28.81 |
| Median (P50)(typical) | $64,767 | $31.14 |
| Upper Range (P75) | $113,061 | $54.35 |
| Top Earners (P90) | $116,096 | $55.81 |
Median Salary Position
20.78% above the national average
2026 Salary Percentile Distribution in Albuquerque
In Albuquerque, NM, the real estate agent salary spread from the 10th to 90th percentile is $77,090 (2026 est.). At $64,767, the local median is 20.78% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Albuquerque: You'd be in the lower-middle range
How Albuquerque Real Estate Agent Pay Compares
Albuquerque median: $64,767/year (2026)
| Compared To | Median Salary | Albuquerque Pays |
|---|---|---|
| New Mexico Average | $50,639 | +27.90% more |
| National Average | $53,622 | +20.78% more |
Real Estate Agents in Albuquerque, NM earn a median of $64,767 per year (2026 est.), which is 20.78% higher than the national median of $53,622 and 27.90% above the New Mexico state average of $50,639.
Cost-of-Living Adjusted Salary
Albuquerque has a cost of living 4.45% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Albuquerque, NM has a cost-of-living index of 95.546 (below the national average of 100). A real estate agent earning $64,767 nominally has purchasing power equivalent to $67,786 in an average-cost city — an effective 4.66% boost.
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2019 BLS Actual
$57,430
2025 BLS Actual
$63,810
2026 Current Est.
$64,767
2019–2027 Growth
+14.5%
Salary Trajectory for Real Estate Agents in Albuquerque (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $57,430 | Actual |
| 2020 | $62,670 | Actual |
| 2021 | $38,270 | Actual |
| 2022 | $47,980 | Actual |
| 2023 | $52,500 | Actual |
| 2024 | $62,370 | Actual |
| 2025 | $63,810 | Actual |
| 2026(current) | $64,767 | Estimated |
| 2027 | $65,739 | Projected |
Based on 7 years of BLS OEWS data for the Albuquerque metropolitan area, the median real estate agent salary grew 11.1% from $57,430 (2019) to $63,810 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $65,739 by 2027 — a total increase of $8,309 (14.47%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Albuquerque metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $39,006 – $59,915 |
| 3-5 years (Mid Career) | $59,915 – $64,767 |
| 5+ years (Experienced) | $64,767 – $113,061 |
| 10+ years (Top Earner) | $113,061 – $116,096 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Albuquerque
In Albuquerque's real estate market, demand and job availability are influenced by various factors such as transaction volume and average sale price. Agents who aim to maximize their earnings should consider joining larger national franchises like Keller Williams or RE/MAX, which often provide broader referral networks and support structures compared to local independent brokerages. Specialty firms in luxury or commercial real estate, such as Sotheby's or CBRE, typically offer higher compensation, albeit with a steeper learning curve. The recent shifts resulting from the post-2024 NAR settlement may also affect commission structures, emphasizing the importance of adapting to a changing landscape. Agents must navigate commission splits effectively, as the top performers tend to earn the majority of income. Engaging in team-based operations can add stability to earnings through shared resources and deal volume. Therefore, understanding how much do real estate agents make in Albuquerque and strategically aligning with the right brokerage or team can greatly enhance earning potential in this evolving market.
More salary data for Albuquerque, NM:
Frequently Asked Questions
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $63,810 for real estate agentsin the Albuquerque metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov