Real Estate Appraisers in New Mexico
Is New Mexico a good place for you to work as a Real Estate Appraiser?
You’re in luck! Jobs for Real Estate Appraisers in New Mexico are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Real Estate Appraisers in New Mexico is growing faster than average.
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Real Estate Appraisers in New Mexico earn lower salaries than the typical U.S. wage earner.
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How Many Real Estate Appraisers Work in New Mexico?
In New Mexico, there were 610 people working as Real Estate Appraisers in the year 2018.
There were 650 Real Estate Appraisers employed in this state in 2017.
That’s a decline of 40 jobs between 2017 and 2018.
The typical state has 725 Real Estate Appraisers working in it, which means New Mexico has fewer Real Estate Appraisers than average.
Job Projections for New Mexico
Jobs for Real Estate Appraisers in this state are growing at a rate of 8.9% which is slower than the nationwide estimated projection of 14.4%.
New Mexico Annual Job Openings
The BLS is projecting 70 annual Real Estate Appraisers job openings in New Mexico, and 980 total jobs in the year 2026.
Nationwide, the prediction is 6,700 annual jobs and 92,400 total jobs in 2026.
What do Real Estate Appraisers Make in New Mexico?
In 2018 wages for Real Estate Appraisers ranged from $21,670 to $88,340 with $36,150 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $10.42 to $42.47. The median hourly rate was $17.38.
In 2017 the median pay for this field was $17.42 an hour.
The hourly rate declined by $0.04.
The median salary in New Mexico is higher than the nationwide median salary.
Top New Mexico Metros for Real Estate Appraisers
The table below shows some of the metros in this state with the most Real Estate Appraisers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Albuquerque, NM | 280 | n/a |
| Las Cruces, NM | 30 | $45,840 |
Top States for Real Estate Appraisers Employment
The table below shows the states where most Real Estate Appraisers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| Texas | 5,400 | $51,160 |
| California | 4,870 | $82,390 |
| Florida | 4,280 | $49,780 |
| New York | 2,960 | $58,960 |
| Georgia | 2,880 | $51,150 |
| Illinois | 2,390 | $51,380 |
| Michigan | 2,160 | $53,400 |
| North Carolina | 1,900 | $53,190 |
| Ohio | 1,680 | $56,370 |
| Colorado | 1,590 | $68,900 |
| Minnesota | 1,550 | $58,430 |
| Indiana | 1,540 | $38,600 |
| Virginia | 1,400 | $57,210 |
| Massachusetts | 1,380 | $67,810 |
| Missouri | 1,350 | $50,830 |
| Maryland | 1,250 | $57,200 |
| Pennsylvania | 1,180 | $55,180 |
| New Jersey | 1,110 | $64,330 |
| Tennessee | 1,100 | $49,350 |
| Arizona | 1,100 | $48,290 |
Below are the states where Real Estate Appraisers get paid the most:
| State | Annual Median Salary |
|---|---|
| District of Columbia | $96,360 |
| Nevada | $83,070 |
| California | $82,390 |
| Alaska | $76,000 |
| Connecticut | $70,330 |
| Oregon | $69,370 |
| Colorado | $68,900 |
| Massachusetts | $67,810 |
| Washington | $66,010 |
| New Jersey | $64,330 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Godrej Mamurdi Pune under License
More about our data sources and methodologies.
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