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Managing Broker Salary in Cimarron, NM

How much does a Managing Broker make in Cimarron, NM?

As of August 01, 2026, the average salary for a Managing Broker in Cimarron, NM is $195,718 per year, which breaks down to an hourly rate of $94.

However, a Managing Broker's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $256,356
  • Majority Range (25th-75th percentile): $174,734 to $227,458
  • Entry-Level (10th percentile): $155,629
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Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $174,734 10% $155,629 90% $256,356 75% $227,458 $195,718 50%(Median) Didn’t find job title? Click

Managing Broker Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $227,458 $18,955 $4,374 $109
Average $195,718 $16,310 $3,764 $94
25th Percentile $174,734 $14,561 $3,360 $84
Check out Managing Broker Job Openings in Cimarron, NM
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Key Factors That Influence Managing Broker Salaries

A Managing Broker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

How Experience Level Affects Managing Broker Salaries?

Experience is a primary driver of a Managing Broker's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $58,755
  • Early Career (1-2 years): $80,762
  • Mid-Level (2-4 years): $142,864
  • Senior-Level (5-8 years): $193,385
  • Expert (over 8 years): $232,765
Levels Salary
Insurance... Level Managing Broker$58,755
Insurance... Level Managing Broker$80,762
Insurance... Level Managing Broker$142,864
Managing ... Level Managing Broker$193,385
Insurance... Level Managing Broker$232,765
$58,755 0 yr
$80,762 < 2 yrs
$142,864 2-4 yrs
$193,385 5-8 yrs
$232,765 > 8 yrs
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What Am I Worth?

Top Paying Cities for Managing Brokers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $270,371
  • San Francisco: $267,411
  • Oakland: $261,775

What Skills Can Increase a Managing Broker's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 5.44% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Insurance Products (Mentioned in 3.6% Job Postings): Insurance Products means any of the insurance coverage underwritten in whole or in part by the Company or any of its Subsidiaries.
  • Financial Planning (Mentioned in 1.88% Job Postings): In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.
See More Skills
Skills Demand Percentage
Customer Service 5.44%
Insurance Products 3.6%
Financial Planning 1.88%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Managing Broker's salary.
  • Sense Of Urgency: Can increase your salary by up to 18%.
  • Commitment: Can increase your salary by up to 16%.
  • Career Development: Can increase your salary by up to 13%.
Skill Salary Salary % Increase
Sense Of Urgency
 $230,948
18%
Commitment
 $227,033
16%
Career Development
 $221,162
13%
Relationship Management
 $221,162
13%
Purchasing
 $219,205
12%
Leadership
 $215,290
10%
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Managing Broker Salary by Industry: Top Paying Sectors

For Managing Broker roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Managing Broker positions in Business Services typically offer lower base pay, as this sector often view Managing Broker as a support function rather than a direct revenue driver.

The top paying industries for a Managing Broker

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$234,862$113.020%
Financial Services$215,290$104.010%

Managing Broker Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Managing Broker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$174,734
Average $195,718/year
$227,458
$14,561
Average $16,310/month
$18,955
$3,360
Average $3,764/week
$4,374
$84
Average $94/hour
$109
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $227,458 $18,955 $4,374 $109
Average $195,718 $16,310 $3,764 $94
25th Percentile $174,734 $14,561 $3,360 $84

Salaries of jobs related to Managing Broker

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Ready to take the next step in your career? Browse thousands of current Managing Broker job openings on our job board. Use the search bar below to find your perfect match.

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Cost of Living In Cimarron, NM

Cost of Living in Cimarron, NM is
2.1% Higher
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

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