The annual salary statistics of real estate brokers in Albuquerque, New Mexico is shown in Table 1. The wage statistics of real estate brokers in Albuquerque 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 | $27,860 |
| 25th Percentile Wage | $27,860 |
| 50th Percentile Wage | $58,100 |
| 75th Percentile Wage | $116,310 |
| 90th Percentile Wage | $160,720 |
Table 1 shows the average annual salary for real estate brokers in Albuquerque, New Mexico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $160,720. The median (50th percentile) annual salary is $58,100. The average annual salary for the bottom 10 percent earners is $27,860.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2022. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 6-Year Growth |
|---|---|---|---|
| 2022 | $58,100 | 35.89% | 35.89% |
| 2016 | $37,250 | - | - |
From Table 3 we note that with a median annual salary of $58,100, Albuquerque is the second highest paying city for real estate brokers in state of New Mexico, following the highest paying city Eastern New Mexico nonmetropolitan area (median annual salary of $96,420). Compared with Eastern New Mexico nonmetropolitan area, the median annual salary of real estate brokers in Albuquerque is 39.7 percent (39.7%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Eastern New Mexico nonmetropolitan area | |
| Albuquerque | |
| Santa Fe |