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How much does an insurance underwriter make in New Mexico?

$64,000a year

Median yearly pay for insurance underwriters in New Mexico. That is $30.77 an hour or $5,333 a month.

Hourly
$30.77
Vs. national median
-21%
Rank among states
44 of 49
Jobs in the state
100
Pay range
Lowest 10%: $47,170Median: $64,000Highest 10%: $106,700
PercentileYearlyHourly
10th$47,170$22.68
25th$48,450$23.29
Median$64,000$30.77
75th$93,590$45.00
90th$106,700$51.29

Cities in New Mexico

Metro areas, median yearly pay.

Albuquerque, NM$70,150
Salaries for every job in New Mexico

Nearby in the ranking

States with similar pay for insurance underwriters.

41. Hawaii$73,260
42. Utah$72,730
43. Oklahoma$66,770
44. New Mexico$64,000
45. Montana$63,140
46. Idaho$62,530
47. Wyoming$62,290
Insurance Underwriter salary in all states

Frequently asked questions

How much does an insurance underwriter make an hour in New Mexico?

The median hourly pay in New Mexico is $30.77 ($64,000 a year).

Do insurance underwriters make more in New Mexico than the national average?

No: $64,000 against $81,370 nationally, 21% less.

Where does New Mexico rank for insurance underwriter pay?

New Mexico ranks 44 of 49 states.

Which city in New Mexico pays insurance underwriters the most?

Albuquerque, NM, with a median of $70,150 a year.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.