Real Estate Brokers Salary in Farmington, NM

BLS Occupational Employment & Wage Statistics • May 2025 • Farmington, NM

Median annual salary $85,040 +17.7% vs national
Median hourly $40.88
10th percentile $58,730
90th percentile $135,340
Employed locally 30
National median $72,280

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Real Estate Brokers
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Farmington, NM
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    Salary percentile breakdown

    10th
    $58,730
    25th
    $58,730
    50th (median)
    $85,040
    75th
    $135,340
    90th
    $135,340

    Farmington economic context

    Unemployment rate 4.70% 2024 annual avg • BLS LAUS
    Median household income $53,020 2023 • Census ACS
    Real Estate Brokers salary vs area income 160% Median Real Estate Brokers salary is 60% above the area median household income

    Top-paying metros for Real Estate Brokers

    Metro areaMedian salary
    Des Moines-West Des Moines, IA $157,100
    Springfield, MA $123,090
    Iowa $116,920
    Massachusetts $112,180
    Boston-Cambridge-Newton, MA-NH $108,910
    Vallejo, CA $106,680

    Nearby metros — Real Estate Brokers salary comparison

    Metro areaMedian salary
    Wasatch Front Fringe Utah nonmetropolitan area $103,140
    East Central Illinois nonmetropolitan area $99,830
    Southern Vermont nonmetropolitan area $96,500
    Eastern New Mexico nonmetropolitan area $87,990
    North Valley-Northern Mountains Region of California nonmetropolitan area $82,270
    Albuquerque, NM $77,940

    Related occupations in Farmington, NM

    OccupationMedian salary
    Retail Salespersons$29,750
    Cashiers$28,460
    First-Line Supervisors of Retail Sales Workers$44,490
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$57,290
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$63,030
    Counter and Rental Clerks$35,010

    Frequently asked questions

    How much do Real Estate Brokers make per hour in Farmington?

    The median hourly wage for Real Estate Brokers in Farmington, NM is $40.88, based on BLS OEWS 2025 data. Top earners (90th percentile) make $65.07 or more per hour.

    Is Farmington above or below average for Real Estate Brokers salaries?

    The median Real Estate Brokers salary in Farmington, NM is 17.7% above the national median of $72,280. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Real Estate Brokers in Farmington?

    Entry-level Real Estate Brokers (10th percentile) earn around $58,730 per year in Farmington, NM. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $58,730.