The annual salary statistics of insurance sales agents in Southwestern New Mexico nonmetropolitan area, New Mexico is shown in Table 1. The wage information of insurance sales agents in Southwestern New Mexico nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $25,500 |
| 25th Percentile Wage | $27,770 |
| 50th Percentile Wage | $32,790 |
| 75th Percentile Wage | $39,150 |
| 90th Percentile Wage | $126,340 |
Table 1 shows the average annual salary for insurance sales agents in Southwestern New Mexico nonmetropolitan area, New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,340. The median (50th percentile) annual salary is $32,790. The average annual salary for the bottom 10 percent earners is $25,500.
The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2014. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2014 | $32,790 | -10.13% | -1.83% |
| 2013 | $36,110 | 7.53% | - |
| 2012 | $33,390 | - | - |
From Table 3 we note that with a median annual salary of $32,790, Southwestern New Mexico nonmetropolitan area is the lowest paying city for insurance sales agents in state of New Mexico, following city of Santa Fe (median annual salary of $57,340). In comparison, the median annual salary of insurance sales agents in Southwestern New Mexico nonmetropolitan area is 42.8 percent (42.8%) lower than that in the highest paying city Santa Fe.
| Cities/Areas | Median Annual Salary |
|---|---|
| Santa Fe | |
| Albuquerque | |
| North and West Central New Mexico nonmetropolitan area | |
| Las Cruces | |
| Farmington | |
| Eastern New Mexico nonmetropolitan area | |
| Eastern New Mexico nonmetropolitan area | |
| Northern New Mexico nonmetropolitan area | |
| Southwestern New Mexico nonmetropolitan area |