Licensed Life Insurance Agent Salaries in New Mexico
How Much Does a Licensed Life Insurance Agent Make in New Mexico?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Licensed Life Insurance Agent in New Mexico is $86,407.
While Salary.com is seeing that Licensed Life Insurance Agent salary in NM can go up to $120,127
or down to $62,092, but most earn between $73,680 and $104,057.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Licensed Life Insurance Agent
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Similar Job Salaries to Licensed Life Insurance Agent by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Millennium Recruiting, Inc.
Licensed Life Insurance Agent
|
$67,498/yr
|
RANGE: $58,497 - $76,498
|
|
Gabriela Hutchings
Licensed Life or Health Insurance Agent
|
$101,143/yr
|
RANGE: $82,610 - $119,677
|
|
USA Life Insurance Group, LLC
Life Insurance Agent
|
$84,272/yr
|
RANGE: $68,282 - $100,263
|
|
Aguilar Agency
Life Insurance Sales Agent
|
$83,479/yr
|
RANGE: $66,769 - $100,190
|
|
Aguilar Agency Group
Life Insurance Sales Agent
|
$83,479/yr
|
RANGE: $66,769 - $100,190
|
|
Millennium Recruiting, Inc.
Licensed Life Insurance Representative
|
$44,086/yr
|
RANGE: $39,254 - $48,918
|
|
MCI Careers
Licensed Life and Health Insurance Specialist
|
$54,272/yr
|
RANGE: $47,693 - $60,851
|
|
MCI Military Recruitment
Licensed Life and Health Insurance Advisor
|
$53,418/yr
|
RANGE: $46,268 - $60,569
|
|
MCI Careers
Licensed Life and Health Insurance Advisor
|
$53,418/yr
|
RANGE: $46,268 - $60,569
|
|
HealthMarkets Insurance Agency
Licensed Insurance Agent
|
$146,880/yr
|
RANGE: $112,553 - $181,206
|
Top 10 Highest Paying Cities For Licensed Life Insurance Agent Jobs in New Mexico
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Licensed Life Insurance Agent can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Licensed Life Insurance Agent job salaries in New Mexico.
Some cities can pay higher salaries for Licensed Life Insurance Agent jobs, which can indicate that there is a large demand for Licensed Life Insurance Agent positions in this city.
The following table shows top 10 cities where the Licensed Life Insurance Agent salary is higher than other cities in New Mexico.
Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho.
The Licensed Life Insurance Agent salary is $88,563 in Santa Fe,
which is lower than the national average. There is 0 city's Licensed Life Insurance Agent salary higher than national average in New Mexico.
The average salary for a Licensed Life Insurance Agent in New Mexico is $86,407,
but we found that the city with the highest salary for Licensed Life Insurance Agent jobs is Santa Fe, NM, and it is higher than Albuquerque.
Licensed Life Insurance Agent jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Santa Fe | $88,563 | $7,380 | $1,703 | $43 |
| Albuquerque | $88,094 | $7,341 | $1,694 | $42 |
| Rio Rancho | $87,813 | $7,318 | $1,689 | $42 |
| Farmington | $86,970 | $7,247 | $1,672 | $42 |
| Clovis | $83,690 | $6,974 | $1,609 | $40 |
| Alamogordo | $83,596 | $6,966 | $1,608 | $40 |
| Hobbs | $82,940 | $6,912 | $1,595 | $40 |
| Roswell | $82,190 | $6,849 | $1,581 | $40 |
| Sunland Park | $81,628 | $6,802 | $1,570 | $39 |
| Las Cruces | $81,159 | $6,763 | $1,561 | $39 |
What Does a Licensed Life Insurance Agent Do?
(ranging from auto insurance to health insurance), the most lucrative career in the insurance field is for those selling life insurance.
Updated December 20, 2021
Due to the high turnover rate of insurance agents, most companies prominently post their job listings by geographical area, which makes them easily searchable for you.
Updated December 19, 2021
Those who have a knack for selling life insurance, and the perseverance to grind through the tough early years, can make a lot of money and retire with a high degree of financial worth.
Updated December 19, 2021
Life insurance agents might be given a small salary to get started but are otherwise primarily dependent on commissions to make a living.
Updated December 18, 2021
Insurance agents are currently licensed by the individual state or states in which they'll be selling insurance.
Updated December 13, 2021
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Explore JobArchitectFrequently Asked Questions About a Licensed Life Insurance Agent Salaries
What is the average of a Licensed Life Insurance Agent in New Mexico?
The Licensed Life Insurance Agent salary range is from $73,680 to $104,057, and the average Licensed Life Insurance Agent salary is $86,407/year in New Mexico.
The Licensed Life Insurance Agent's salary will change in different locations.
Which location pays the highest Licensed Life Insurance Agent salary in the United States?
The Licensed Life Insurance Agent salary in San Jose, CA is $117,615
which is the highest in the US.
What kinds of reasons will influence the Licensed Life Insurance Agent's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Licensed Life Insurance Agent.
What is the growth rate of the Licensed Life Insurance Agent's salary?
If you are thinking of becoming a Licensed Life Insurance Agent or planning the next step in your career, find the detailed salary report of a Licensed Life Insurance Agent.
