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Real Estate Average Salaries in Mexico 2024

How much money does a person working in Real Estate make in Mexico?


Average Monthly Salary
36,600 MXN
( 439,000 MXN yearly)

LOW
13,800
MXN
AVERAGE
36,600
MXN
HIGH
64,300
MXN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Real Estate in Mexico typically earns around 36,600 MXN. Salaries range from 13,800 MXN (lowest average) to 64,300 MXN (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Real Estate domain in Mexico exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Real Estate
3D Printing Home Building Engineer32,000 MXN
Acquisition Associate26,600 MXN
Assistant Leasing Manager35,900 MXN
Assistant Property Manager35,500 MXN
Brokerage28,200 MXN
Brokerage Clerk14,200 MXN
Co-Living Space Manager30,600 MXN
Commercial Leasing Manager54,800 MXN
Commercial Real Estate Manager60,300 MXN
Community Development Manager54,800 MXN
Compliance Specialist26,500 MXN
Development Coordinator27,700 MXN
Director of Real Estate63,600 MXN
Foreclosure Consultant34,300 MXN
Lease Administrator35,100 MXN
Leasing Agent30,200 MXN
Leasing Consultant32,400 MXN
Leasing Manager39,200 MXN
Lettings Assistant14,300 MXN
Portfolio Analyst 45,300 MXN
Portfolio Manager64,500 MXN
Property Acquisition Agent24,400 MXN
Property and Claims Specialist34,600 MXN
Property Manager39,700 MXN
Property Operations Manager59,200 MXN
Property Tax Assistant26,600 MXN
PropTech Consultant32,100 MXN
Real Estate Administrator31,100 MXN
Real Estate Agent30,300 MXN
Real Estate Analyst36,000 MXN
Real Estate Appraiser28,600 MXN
Real Estate Appraiser30,000 MXN
Real Estate Appraiser29,600 MXN
Real Estate Assistant27,300 MXN
Real Estate Association Manager39,400 MXN
Real Estate Broker26,900 MXN
Real Estate Data Analyst30,300 MXN
Real Estate General Manager55,300 MXN
Real Estate Project Director53,600 MXN
Real Estate Project Manager50,700 MXN
Real Estate Sales Agent28,200 MXN
Real Estate Valuer30,700 MXN
Real State Compliance Officer28,700 MXN
Research Analyst27,200 MXN
Residential Advisor33,000 MXN
Residential Property Manager38,200 MXN
Shopping Center Manager62,200 MXN
Short-Term Rental Manager33,900 MXN
Smart Home Consultant32,400 MXN
Town Planner58,000 MXN
Vacation Rental Manager36,100 MXN
Virtual Tour Producer29,100 MXN


Real Estate Jobs Pay Scale and Salaries in Mexico

Median and salary distribution Mexico Real Estate monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
33,700 MXN or more
10% of people earn
28,700 to 33,700 MXN
20% of people earn
17,700 MXN or less
65% of people earn
17,700 to 28,700 MXN
Minimum Salary
13,800 MXN
Median
32,800 MXN
Maximum
64,300 MXN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Real Estate in Mexico range from 13,800 MXN (starting average salary) to 64,300 MXN (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Real Estate is 32,800 MXN, implying that half of the workforce in Mexico earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Real Estate in Mexico earn less than 25,400 MXN, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 38,900 MXN, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Real Estate in Mexico. The analysis revealed that roughly 65% of all reported salaries fell within the range of 17,700 MXN to 28,700 MXN. Approximately 20% of salaries were below the 17,700 MXN mark, while 10% ranged from 28,700 MXN to 33,700 MXN. Only 5% of individuals earned a gross salary of 33,700 MXN or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Real Estate in Mexico having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Real Estate in Mexico, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Mexico costs anywhere from 167,000 MXN to 500,000 MXN and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Real Estate / Mexico

Salary comparison by gender Mexico Real Estate monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Real Estate in Mexico, the average difference between the salary of male and female employees is 14%.

Male
39,100 MXN
Female-12%
34,300 MXN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mexico for all Careers

Salary comparison by gender monthly Mexico
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Average Annual Salary Increment Percentage / Real Estate / Mexico

How much are annual salary increments in Mexico for individuals working in Real Estate? How often do employees get salary raises?

Professionals working in Real Estate in Mexico are likely to observe a salary increase of approximately 9% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico Real Estate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Mexico / All Professions

Annual Salary Increment Rate Mexico
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Mexico is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Real Estate / Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico Real Estate
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49% of surveyed staff in Real Estate reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
51%
No Bonus
49%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Real Estate / Mexico


210 MXN per hour

The average hourly wage (pay per hour) in Real Estate in Mexico is 210 MXN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Real Estate in Mexico is 80 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Acapulco42,900 MXN
Acuna36,600 MXN
Aguascalientes43,700 MXN
Boca del Rio32,300 MXN
Buenavista35,300 MXN
Campeche36,000 MXN
Cancun42,800 MXN
Celaya39,300 MXN
Chalco33,600 MXN
Chetumal33,000 MXN
Chicoloapan33,700 MXN
Chihuahua48,900 MXN
Chilpancingo34,900 MXN
Chimalhuacan42,500 MXN
Cholula de Rivadabia34,300 MXN
Ciudad Apodaca41,100 MXN
Ciudad del Carmen33,800 MXN
Ciudad Juarez33,600 MXN
Ciudad Lopez Mateos41,200 MXN
Ciudad Obregon38,800 MXN
Ciudad Santa Catarina37,900 MXN
Ciudad Valles31,400 MXN
Ciudad Victoria38,400 MXN
Coacalco38,000 MXN
Coatzacoalcos36,200 MXN
Colima32,000 MXN
Cordoba31,900 MXN
Cuautitlan Izcalli41,200 MXN
Cuautla32,400 MXN
Cuernavaca38,900 MXN
Culiacan44,400 MXN
Delicias31,200 MXN
Durango41,700 MXN
Ecatepec de Morelos49,900 MXN
Ensenada38,200 MXN
Fresnillo30,700 MXN
General Escobedo39,800 MXN
Gomez Palacio37,600 MXN
Guadalajara49,600 MXN
Guadalupe42,600 MXN
Guaymas30,100 MXN
Hermosillo43,500 MXN
Hidalgo del Parral29,700 MXN
Iguala30,700 MXN
Irapuato40,200 MXN
Ixtapaluca38,700 MXN
Jiutepec33,500 MXN
La Paz36,200 MXN
Leon49,500 MXN
Los Mochis37,800 MXN
Los Reyes la Paz37,400 MXN
Manzanillo31,500 MXN
Matamoros40,700 MXN
Mazatlan39,800 MXN
Merida43,600 MXN
Metepec35,700 MXN
Mexicali43,100 MXN
Mexico City49,900 MXN
Minatitlan30,000 MXN
Monclova35,700 MXN
Monterrey49,000 MXN
Morelia41,800 MXN
Naucalpan48,400 MXN
Navojoa29,700 MXN
Nezahualcoyotl48,700 MXN
Nogales35,100 MXN
Nuevo Laredo39,800 MXN
Oaxaca36,800 MXN
Ojo de Agua36,800 MXN
Orizaba30,200 MXN
Pachuca36,700 MXN
Piedras Negras32,600 MXN
Playa del Carmen32,800 MXN
Poza Rica34,100 MXN
Puebla49,700 MXN
Puerto Vallarta35,100 MXN
Queretaro42,300 MXN
Reynosa41,800 MXN
Salamanca33,300 MXN
Saltillo43,500 MXN
San Cristobal de las Casas34,400 MXN
San Juan del Rio31,700 MXN
San Luis Potosi42,900 MXN
San Luis Rio Colorado33,400 MXN
San Nicolas de los Garza40,500 MXN
San Pablo de las Salinas34,600 MXN
San Pedro Garza Garcia30,200 MXN
Soledad de Graciano Sanchez36,700 MXN
Tampico38,200 MXN
Tapachula34,700 MXN
Tehuacan36,600 MXN
Tepic39,000 MXN
Tijuana49,300 MXN
Tlalnepantla de Baz42,300 MXN
Tlaquepaque41,700 MXN
Toluca40,900 MXN
Tonala40,100 MXN
Torreon42,000 MXN
Tuxtla Gutierrez41,500 MXN
Uruapan37,300 MXN
Veracruz40,300 MXN
Villa Nicolas Romero37,900 MXN
Villahermosa39,500 MXN
Xalapa40,400 MXN
Xico39,300 MXN
Zacatecas30,900 MXN
Zamora de Hidalgo31,600 MXN
Zapopan49,200 MXN

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.

Private Sector
32,000 MXN
Public Sector+9%
34,800 MXN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Real Estate in Mexico?

A good and competitive compensation would range anywhere between 32,800 MXN and 38,900 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Real Estate in Mexico ranges from 13,800 MXN to 25,400 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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