Insurance Sales Agent salary in Farmington, NM
Insurance Sales Agents in the Farmington, NM metro area earn a median of $43,780 a year ($21.05 an hour), based on BLS data for 120 workers.
Pay ranges from $28,800 for the lowest-paid 10% to $92,200 for the top 10%. That is 30% lower than the national median of $62,280. Pay here is 3% lower than the New Mexico statewide median of $45,180. There are 2.5 insurance sales agents per 1,000 jobs here — the job is less common than nationally (location quotient 0.80). The average (mean) salary is $54,310, above the median because a few high earners pull it up.
Pay range for insurance sales agents in Farmington, NM
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $28,800 | $13.85 |
| 25th percentile | $29,330 | $14.10 |
| Median | $43,780 | $21.05 |
| 75th percentile | $62,550 | $30.07 |
| 90th percentile (top earners) | $92,200 | $44.33 |
| Average (mean) | $54,310 | $26.11 |
Half of insurance sales agents earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $3,648.33 |
| Semi-monthly (24 a year) | $1,824.17 |
| Biweekly (26 a year) | $1,683.85 |
| Weekly | $841.92 |
| Hourly | $21.05 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $43,780 salary, see how much house you can afford in New Mexico at today's mortgage rates, or work out a payment with the mortgage calculator.
Insurance Sales Agent salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Santa Fe, NM | $46,580 | 90 |
| Albuquerque, NM | $45,760 | 1,140 |
| Las Cruces, NM | $36,760 | 260 |
Highest-paying states for insurance sales agents
| State | Median salary |
|---|---|
| District of Columbia | $84,530 |
| New Jersey | $81,640 |
| Rhode Island | $79,930 |
| Wisconsin | $79,450 |
| Massachusetts | $79,300 |
| Minnesota | $78,640 |
| New York | $78,110 |
| California | $76,120 |
| Connecticut | $74,840 |
| New Hampshire | $74,370 |
See Insurance Sales Agent pay in every state or the New Mexico statewide figures.
Related jobs in Farmington, NM
| Job | Median salary | Hourly |
|---|---|---|
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $60,680 | $29.18 |
| Securities, Commodities, and Financial Services Sales Agents | $58,720 | $28.23 |
| Retail Salesperson | $31,530 | $15.16 |
| Cashier | $28,610 | $13.76 |
| First-Line Supervisors of Retail Sales Workers | $44,190 | $21.25 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,540 | $29.59 |
| Counter and Rental Clerks | $35,570 | $17.10 |
| Parts Salesperson | $37,410 | $17.99 |
| Real Estate Sales Agent | $91,170 | $43.83 |
| Sales and Related Workers, All Other | $35,610 | $17.12 |
More: Sales and Related Occupations · all salaries in Farmington, NM
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-3021. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance sales agent make in Farmington, NM?
The median salary for insurance sales agents in the Farmington, NM metro area is $43,780 a year, or $21.05 an hour. Pay ranges from $28,800 for the lowest-paid 10% to $92,200 for the top 10%.
How much do the highest-paid insurance sales agents make in Farmington, NM?
The top 10% of insurance sales agents in the Farmington, NM metro area earn at least $92,200 a year. The top 25% earn $62,550 or more.
What is the starting pay for insurance sales agents in Farmington, NM?
Entry-level pay (the 10th percentile) is about $28,800 a year, and a quarter of insurance sales agents earn $29,330 or less.
How many insurance sales agents work in Farmington, NM?
About 120 insurance sales agents are employed in the Farmington, NM metro area, not counting the self-employed.