Appraisers and Assessors of Real Estate Salary Information in New Mexico

The average annual and hourly salaries for appraisers and assessors of real estate in the state of New Mexico are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of appraisers and assessors of real estate amongst New Mexico cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Appraisers and Assessors of Real Estate in New Mexico

Percentile BracketAverage Annual Salary
10th Percentile Wage
$22,020
25th Percentile Wage
$28,050
50th Percentile Wage
$36,240
75th Percentile Wage
$53,330
90th Percentile Wage
$67,010

Table 1 shows the average annual salary for appraisers and assessors of real estate in New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,010. The median (50th percentile) annual salary is $36,240. The average annual salary for the bottom 10 percent is $22,020.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of appraisers and assessors of real estate from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$36,240
2.29% 9.46%
2016
$35,410
-18.81% -
2015
$42,070
9.46% -
2014
$38,090
11.58% -
2013
$33,680
2.58% -
2012
$32,810
- -

Table 3. Median Annual Salary of Appraisers and Assessors of Real Estate in New Mexico Cities

Table 3 shows the median annual salary of appraisers and assessors of real estate in some New Mexico cities and metropolitan areas. We note that the median annual salary of appraisers and assessors of real estate in state of New Mexico ranges from $31,150 to $48,380. The highest paying area for appraisers and assessors of real estate in New Mexico is Farmington with a median annual salary of $48,380. The second highest paying city/area in New Mexico State is Las Cruces (mean annual salary $45,810). The lowest paying area is North and West Central New Mexico nonmetropolitan area with a median annual salary of $31,150.

Cities/Areas Median Annual Salary
Farmington
$48,380
Las Cruces
$45,810
Santa Fe
$40,720
Eastern New Mexico nonmetropolitan area
$38,430
Albuquerque
$34,610
Southwestern New Mexico nonmetropolitan area
$31,950
North and West Central New Mexico nonmetropolitan area
$31,150




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