Skip to content
worldsalaries .com

Average Broker Salary in Mexico for 2026

A broker in Mexico earns about 420,100 MXN a year. That's 5% roughly in line with the national average of 398,300 MXN.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mexico sit around 214,000 MXN a year, while the very top stretches to 650,800 MXN. Everything on this page is in Mexican peso (MXN, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mexico, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

How much does a broker make in Mexico?

Average salary
420,100 MXN
35,008 MXN per month
Lowest reported
214,000 MXN
17,833 MXN per month
Highest reported
650,800 MXN
54,233 MXN per month

A typical broker working in Mexico brings home around 35,008 MXN a month before tax. Entry-level pay starts near 214,000 MXN, and the top of the ladder reaches roughly 650,800 MXN for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior broker working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.

How broker pay ranges in Mexico

A good way to think about salary in Mexico is to look at the distribution rather than the headline average. Half of all brokers in Mexico earn less than 414,000 MXN a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 283,400 MXN (the 25th percentile), and a quarter clear 518,900 MXN (the 75th percentile). The middle 50% of brokers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 214,000 MXN. The highest stretch to 650,800 MXN, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

214,000
Low
414,000
Median
650,800
High
283,400
25th
518,900
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MXN

Broker pay by experience in Mexico

Years of experience is the single biggest lever on pay for a broker in Mexico, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical broker salary changes as you move through the career ladder.

  • 0-2 Years
    239,300 MXN
  • 2-5 Years
    +32% from previous
    315,700 MXN
  • 5-10 Years
    +40% from previous
    442,200 MXN
  • 10-15 Years
    +20% from previous
    528,600 MXN
  • 15-20 Years
    +9% from previous
    575,100 MXN
  • 20+ Years
    +8% from previous
    620,300 MXN

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a broker typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Broker pay by education in Mexico

Education sits alongside experience as one of the biggest factors driving broker pay in Mexico. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average broker salary in Mexico broken down by the highest level of education a worker has completed.

  • Certificate or Diploma
    275,800 MXN
  • Bachelor's Degree
    +50% from previous
    413,900 MXN
  • Master's Degree
    +48% from previous
    614,600 MXN

Broker gender pay gap in Mexico

The gender pay gap is a stubborn feature of almost every labour market, and Mexico is no exception. Male brokers in Mexico earn an average of 451,000 MXN a year, while female brokers earn around 394,300 MXN. That works out to a 14% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Broker gender pay gap

13%

Men earn this much more than women on average in Mexico.

Men 451,000 MXN
Women 394,300 MXN

Pay raises for a broker in Mexico

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mexico sees a raise of about 11% every 19 months, which works out to roughly 7% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mexico, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Mexico:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Broker bonus rates in Mexico

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

28%

28% of brokers in Mexico reported a bonus of some kind in the past twelve months. That makes a broker a low-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 1% to 3% of base salary. The remaining 72% of brokers reported no bonus at all over the same period.

Which careers pay bonuses in Mexico

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Broker: public vs private sector pay

Public-sector pay in Mexico is about 8% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

8%

Public-sector workers earn this much more than private-sector workers in Mexico on average.

Public sector 415,900 MXN
Private sector 384,200 MXN

Broker salary by city in Mexico

Broker pay is not even across Mexico. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Ecatepec de Morelos
  • Mexico City
  • Chihuahua
  • Zapopan
  • Naucalpan
  • Leon
  • Nezahualcoyotl
  • Monterrey
  • Saltillo
  • Acapulco
LocationTypeAverageMedianRange
Ecatepec de MorelosCity548,800 MXN548,800 MXN275,200-847,000 MXN
Mexico CityCity541,700 MXN533,100 MXN275,800-836,800 MXN
ChihuahuaCity529,600 MXN539,700 MXN261,300-828,400 MXN
ZapopanCity524,700 MXN514,300 MXN267,100-808,000 MXN
NaucalpanCity520,900 MXN520,900 MXN261,300-810,400 MXN
LeonCity519,300 MXN487,600 MXN273,000-786,600 MXN
NezahualcoyotlCity514,800 MXN492,700 MXN267,100-786,600 MXN
MonterreyCity510,000 MXN467,100 MXN273,000-768,900 MXN
SaltilloCity507,300 MXN507,300 MXN254,700-788,000 MXN
AcapulcoCity504,300 MXN516,100 MXN246,500-788,000 MXN
PueblaCity502,200 MXN520,900 MXN239,300-788,000 MXN
HermosilloCity501,400 MXN493,000 MXN258,400-773,400 MXN
TijuanaCity501,400 MXN531,700 MXN237,400-792,900 MXN
AguascalientesCity498,500 MXN466,900 MXN263,900-757,300 MXN
GuadalajaraCity498,500 MXN504,500 MXN243,000-772,900 MXN
MoreliaCity498,500 MXN518,300 MXN238,900-780,700 MXN
MexicaliCity492,700 MXN472,100 MXN258,400-757,300 MXN
ChimalhuacanCity483,400 MXN472,000 MXN246,200-743,100 MXN
Cuautitlan IzcalliCity480,600 MXN498,000 MXN231,000-752,600 MXN
CuliacanCity480,300 MXN510,300 MXN225,300-758,700 MXN
CancunCity480,300 MXN462,300 MXN251,500-736,700 MXN
Tlalnepantla de BazCity478,100 MXN436,200 MXN258,400-719,100 MXN
San Nicolas de los GarzaCity478,100 MXN504,400 MXN221,500-751,700 MXN
ReynosaCity478,000 MXN478,000 MXN238,900-743,300 MXN
Tuxtla GutierrezCity478,000 MXN489,600 MXN233,900-746,600 MXN
San Luis PotosiCity478,000 MXN518,300 MXN218,900-761,400 MXN
MeridaCity476,600 MXN496,100 MXN228,000-747,400 MXN
GuadalupeCity471,700 MXN498,000 MXN218,900-743,100 MXN
TlaquepaqueCity466,300 MXN437,300 MXN246,200-706,200 MXN
TorreonCity464,400 MXN425,100 MXN249,600-698,200 MXN
QueretaroCity464,400 MXN498,000 MXN210,500-736,700 MXN
Nuevo LaredoCity464,400 MXN500,100 MXN212,500-735,200 MXN
Ciudad ApodacaCity462,300 MXN462,300 MXN231,000-713,900 MXN
TonalaCity459,700 MXN478,100 MXN221,500-721,600 MXN
XalapaCity459,700 MXN466,900 MXN225,700-713,900 MXN
MazatlanCity459,700 MXN485,200 MXN215,100-724,000 MXN
DurangoCity454,900 MXN426,700 MXN239,300-693,100 MXN
MatamorosCity454,300 MXN445,100 MXN232,900-696,700 MXN
General EscobedoCity451,000 MXN476,600 MXN209,500-712,100 MXN
VeracruzCity445,100 MXN428,400 MXN232,900-681,900 MXN
Ciudad Lopez MateosCity442,300 MXN476,600 MXN205,700-704,300 MXN
TolucaCity442,300 MXN407,300 MXN238,900-670,600 MXN
IxtapalucaCity440,200 MXN476,600 MXN205,700-704,300 MXN
CoacalcoCity436,200 MXN403,100 MXN237,400-660,500 MXN
TepicCity436,200 MXN455,400 MXN209,700-688,900 MXN
CelayaCity431,300 MXN431,300 MXN215,100-672,600 MXN
IrapuatoCity428,400 MXN392,300 MXN231,000-643,800 MXN
XicoCity426,700 MXN421,400 MXN217,900-659,200 MXN
TampicoCity424,900 MXN431,300 MXN208,600-663,100 MXN
VillahermosaCity424,300 MXN398,300 MXN225,700-643,800 MXN
CuernavacaCity421,400 MXN403,100 MXN217,900-642,800 MXN
Gomez PalacioCity420,100 MXN455,400 MXN194,600-670,600 MXN
Villa Nicolas RomeroCity420,100 MXN447,300 MXN197,600-667,400 MXN
UruapanCity420,100 MXN386,400 MXN227,600-637,500 MXN
TehuacanCity417,200 MXN392,300 MXN218,900-632,400 MXN
Ciudad Santa CatarinaCity414,000 MXN420,100 MXN204,700-643,800 MXN
EnsenadaCity414,000 MXN414,000 MXN207,800-639,900 MXN
Ciudad ObregonCity412,000 MXN394,500 MXN214,000-629,800 MXN
Ciudad VictoriaCity406,300 MXN378,800 MXN212,500-614,600 MXN
OaxacaCity404,600 MXN420,100 MXN194,600-637,500 MXN
Los MochisCity399,900 MXN399,900 MXN200,000-619,800 MXN
Ojo de AguaCity399,900 MXN367,200 MXN215,100-605,700 MXN
NogalesCity394,500 MXN381,800 MXN207,800-605,700 MXN
PachucaCity392,300 MXN384,500 MXN200,000-605,700 MXN
Los Reyes la PazCity392,300 MXN384,500 MXN200,000-605,700 MXN
Soledad de Graciano SanchezCity392,300 MXN399,900 MXN192,600-615,000 MXN
CampecheCity389,200 MXN406,300 MXN187,300-612,500 MXN
BuenavistaCity389,200 MXN421,400 MXN180,300-618,800 MXN
MonclovaCity389,200 MXN412,000 MXN183,600-614,600 MXN
TapachulaCity386,400 MXN363,000 MXN204,000-589,400 MXN
MetepecCity384,500 MXN415,900 MXN176,800-610,100 MXN
San Pablo de las SalinasCity382,600 MXN367,200 MXN197,600-588,500 MXN
Cholula de RivadabiaCity381,800 MXN348,300 MXN204,000-573,500 MXN
CoatzacoalcosCity377,200 MXN361,500 MXN196,800-576,500 MXN
JiutepecCity375,200 MXN367,900 MXN192,000-576,500 MXN
La PazCity372,600 MXN366,200 MXN192,000-575,100 MXN
ChilpancingoCity372,600 MXN394,300 MXN174,000-589,400 MXN
Ciudad del CarmenCity371,100 MXN348,300 MXN195,200-563,300 MXN
AcunaCity369,900 MXN377,200 MXN181,600-574,200 MXN
Puerto VallartaCity366,200 MXN366,200 MXN183,600-565,100 MXN
San Cristobal de las CasasCity362,200 MXN384,200 MXN169,000-572,200 MXN
ChicoloapanCity357,700 MXN371,100 MXN172,200-559,000 MXN
Poza RicaCity357,700 MXN363,000 MXN174,000-559,000 MXN
ChetumalCity357,300 MXN335,100 MXN189,300-539,700 MXN
San Luis Rio ColoradoCity357,300 MXN327,800 MXN192,600-535,900 MXN
Boca del RioCity353,600 MXN349,300 MXN181,600-545,300 MXN
Zamora de HidalgoCity348,300 MXN348,300 MXN174,000-541,700 MXN
CordobaCity345,700 MXN332,100 MXN180,500-529,600 MXN
Playa del CarmenCity345,100 MXN330,700 MXN180,300-525,700 MXN
Piedras NegrasCity345,100 MXN371,100 MXN159,100-548,500 MXN
Ciudad JuarezCity344,600 MXN372,600 MXN159,100-547,800 MXN
SalamancaCity344,600 MXN361,600 MXN164,200-541,700 MXN
ChalcoCity344,600 MXN351,200 MXN169,000-538,600 MXN
ManzanilloCity341,400 MXN341,400 MXN172,200-529,600 MXN
IgualaCity339,100 MXN341,900 MXN164,200-524,300 MXN
Ciudad VallesCity335,800 MXN320,500 MXN172,200-514,300 MXN
San Juan del RioCity332,500 MXN307,400 MXN180,500-501,400 MXN
CuautlaCity330,900 MXN330,900 MXN164,200-513,300 MXN
FresnilloCity330,700 MXN325,800 MXN167,100-510,000 MXN
ColimaCity325,900 MXN340,400 MXN158,700-513,300 MXN
OrizabaCity319,600 MXN301,300 MXN169,000-485,200 MXN
ZacatecasCity318,800 MXN339,100 MXN151,800-501,400 MXN
DeliciasCity315,700 MXN332,100 MXN148,300-499,300 MXN
San Pedro Garza GarciaCity314,500 MXN340,000 MXN142,300-499,300 MXN
Hidalgo del ParralCity309,800 MXN288,700 MXN161,600-467,700 MXN
GuaymasCity308,300 MXN282,500 MXN168,100-467,100 MXN
MinatitlanCity301,800 MXN311,700 MXN142,300-472,100 MXN
NavojoaCity301,600 MXN325,900 MXN138,200-480,300 MXN

Broker in Mexico: FAQs

  • How much does a broker make per month in Mexico?

    A broker in Mexico earns about 35,008 MXN a month before tax, based on an annual average of 420,100 MXN.

  • What's the salary range for a broker in Mexico?

    Entry-level brokers in Mexico start near 214,000 MXN. Top-end pay reaches around 650,800 MXN. The middle 50% of earners sit between 283,400 and 518,900 MXN.

  • Is the median broker salary in Mexico higher or lower than the average?

    The median is 414,000 MXN, lower than the average of 420,100 MXN. Half of brokers in Mexico earn below the median, half earn above it.

  • What's the gender pay gap for brokers in Mexico?

    Men working as a broker in Mexico earn around 14% more than women on average (451,000 vs 394,300 MXN a year).

  • Do brokers in Mexico get bonuses?

    About 28% of brokers in Mexico reported a bonus in the past 12 months. Reported bonuses ranged from 1% to 3% of base salary.

  • Do brokers earn more in the public or private sector in Mexico?

    In Mexico, the public sector pays a broker about 8% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do brokers in Mexico get a pay raise?

    A broker in Mexico sees a raise of around 11% every 19 months, equivalent to roughly 7% a year.