Insurance Sales Agents pay range in Farmington
New workers and the lowest-paid 10% earn about $28,800 a year or less, while the top 10% make $92,200 or more. The middle half of insurance sales agents in Farmington earn between $29,330 and $62,550.
- $29K10th
- $29K25th
- $44KMedian
- $63K75th
- $92K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $54,310 | $4,526 | $26.11 |
| Median | $43,780 | $3,648 | $21.05 |
| Entry level (25th percentile) | $29,330 | $2,444 | $14.10 |
| Experienced (75th percentile) | $62,550 | $5,212 | $30.07 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Insurance Sales Agents pay in Farmington vs. New Mexico and the U.S.
Insurance sales agents in Farmington earn 8% less than the New Mexico average ($59,040) and 33% less than the U.S. average ($81,480). At the median the gap is -30% against the U.S. median of $62,280.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Farmington | $54,310 | $43,780 | $28,800 | $92,200 | 120 |
| New Mexico | $59,040 | $45,180 | $29,290 | $99,340 | 2,200 |
| United States | $81,480 | $62,280 | $37,330 | $138,140 | 479,100 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Insurance Sales Agents salary after taxes in Farmington
On the average salary of $54,310, a single filer in Farmington takes home about $44,431 a year, or $3,703 a month and $1,709 every two weeks. Taxes take 18% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Farmington a good place for insurance sales agents? Pay vs. cost of living
Prices in the Farmington area are 12% below the U.S. average (BEA price parity 87.7), so the average $54,310 buys what about $61,922 would buy in a typical U.S. metro. This job pays 1.0 times the median wage of all jobs in Farmington ($45,820). A typical home costs $274,565, or 5.1 years of this average salary before tax.
Insurance Sales Agents salary in other New Mexico cities
Farmington ranks 3rd of 4 New Mexico metro areas for this job; Albuquerque pays the most ($65,250).
- Albuquerque$65,250
- Santa Fe$54,890
- Farmington$54,310
- Las Cruces$47,130
Highest-paying cities for insurance sales agents
Fond du Lac, WI pays this job the most of the metro areas we cover ($118,600).
- Fond du Lac, WI$118,600
- San Francisco, CA$114,110
- Minneapolis, MN$111,320
- New York, NY$107,190
- Boston, MA$105,000
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Insurance Sales Agents salary in Farmington: questions
How much do insurance sales agents make an hour in Farmington?
$26.11 an hour on average, and $21.05 at the median (BLS, May 2025).
What is the entry-level insurance sales agents salary in Farmington?
The lowest-paid 10% earn about $28,800 a year and the 25th percentile is $29,330, a fair guide to starting pay.
What is the insurance sales agents take-home pay in Farmington?
About $44,431 a year ($3,703 a month) for a single filer on the average salary of $54,310.
Do insurance sales agents earn more in Farmington than elsewhere?
The average here is 33% less than the U.S. average for this job ($81,480).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 41-3021; area Farmington, NM (22140). Relative standard error of the mean wage: 4.4%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 0.80, this job is less common than in the U.S. overall (location quotient 0.80).
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