Realtors
Occupation (4223) - 2024-Q2
- 88.9k, Workforce
- $7.18k MX, Average monthly salary
- 47.9, Average age
- 35, Weekly hours worked
- 5.37, Weekly days worked
- 5.62%, Workforce with second job
- 53.5%, Informal Workforce
- 14.2, Average years of Schooling
About Realtors
#permalink to sectionThe workforce of Realtors during second quarter of 2024 was 88.9k people, whose salary averaged $7.18k MX working around 35 hours per week.
The average age of Realtors was 47.9 years. The workforce was distributed in 49.2% men with an average salary of $7.66k MX and, 50.8% women with average salary of $6.7k MX.
The best average salaries received by Realtors were in Nayarit ($30.9k MX), Nuevo León ($21.4k MX), and Tabasco ($18.1k MX) while the workforce was larger in Ciudad de México (10.2k), Jalisco (6.71k), and Estado de México (5.98k).
In terms of industries, the best average salaries were in Building Installations and Equipmen ($38.8k MX), Building Installations and Equipment ($38.8k MX), and Rental of Household and Personal Goods ($30k MX), while the workforce was concentrated on Residential Building Construction (11.5k), Retail Trade of Automobiles and Pickup Trucks (3.16k), and Travel Agencies and Reservation Services (562).
51.1% of the total informal workers correspond to women with an average salary of $6.47k MX and 48.9% to men with an average salary of $7.13k MX.
At the level of states, Yucatán had the highest percentage of informal workers with 88.6% corresponding to 3.35k from 3.77k workers, while the state with the lowest percentage of informal workers was Baja California with a 9.43% corresponding to 300 from 3.18k workers.
Employment
#permalink to sectionWorkforce and Salaries Evolution
#permalink to section- 88.9k, Workforce 2024-Q2
- $7.18k MX, Average monthly salary 2024-Q2
At second quarter of 2024, the people who worked as Realtors were 88.9k being a 0.37% lower than the first quarter of 2024. (89.2k).
In the same period, an average salary of $7.18k MX was observed, registering an increase of 4.01%, compared to the first quarter of 2024 ($6.9k MX).
Workforce by State
#permalink to sectionThe states with the highest number of Realtors during the second quarter of 2024 were Ciudad de México (10.2k), Jalisco (6.71k), and Estado de México (5.98k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Jalisco and Michoacán de Ocampo with an increase of 2.62k (64%) and 1.5k (634%), respectively. On the other hand, the negative variations were accentuated in Veracruz de Ignacio de la Llave and Estado de México with a decrease of 3.31k (61.2%) and 3.07k (33.9%), respectively.
Salaries by State
#permalink to sectionThe states with the best average salaries for Realtors during second quarter of 2024 were Nayarit ($30.9k MX), Nuevo León ($21.4k MX), and Tabasco ($18.1k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Nayarit and Zacatecas with an increase of $15.7k MX (103%) and $12k MX (2.25k%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Baja California Sur and Sinaloa with a decrease of $18.9k MX (58.4%) and $8.97k MX (72.6%), respectively.
Diversity
#permalink to sectionAverage Salary and Workforce by Sex and Age
#permalink to sectionAverage Age 2024-Q2
- 49.9, Women
- 45.8, Men
At second quarter of 2024, the male workforce in Realtors represented the 49.2% of the employed population and women 50.8%. The male and female workforce was higher in the age group 45 to 54 years (9.71k men and 15.4k women).
The highest average salary was $11.6k MX received by men from 35 to 44 years, while the lowest average salary was $5.28k MX received by men from 45 to 54 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Salary and Workforce by Gender and Schooling Years
#permalink to sectionAverage Schooling in Years (2024-Q2)
- 14.3, Women
- 14.1, Men
During the second quarter of 2024, male and female workforce in Realtors was concentrated in the educational segment with 16 to 18 years of schooling (19.1k men and 24.2k women).
The highest average salary was $8.18k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $6.19k MX received by women with 16 to 18 years of schooling.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Industries
#permalink to sectionWorkforce and Salaries Distribution by Industries
#permalink to sectionThe visualization shows the distribution of Realtors in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Residential Building Construction (69.3%), Retail Trade of Automobiles and Pickup Trucks (19%), and Travel Agencies and Reservation Services (3.38%).
In the same period, the best average salaries were received in Building Installations and Equipmen ($38.8k MX), Building Installations and Equipment ($38.8k MX), and Rental of Household and Personal Goods ($30k MX).
Labor Informality
#permalink to sectionLabor Informality
#permalink to sectionLabor Informality 2024-Q2
- 53.5%, Realtors
- 54.3%, Average Informality in Mexico
During the second quarter of 2024, the labor informality of Realtors reached a 53.5%, which implied a decrease from 4.88 percentage points compared to the first quarter of 2024 (58.4%).
The labor informality of this occupation was lower than informality at the country level in 0.75 percentage points during the second quarter of 2024.
Labor Informality by State
#permalink to sectionGreater Labor Informality: 88.6%, Yucatán
Less Labor Informality: 9.43 %, Baja California
At second quarter of 2024, the states with the highest rate of labor informality in Realtors were Yucatán (88.6%), San Luis Potosí (86%), and Veracruz de Ignacio de la Llave (78%).
The states with the lowest informality rate were Quintana Roo (23.1%), Zacatecas (14.6%), and Baja California (9.43%).
Labor Informality by Age and Education
#permalink to sectionThe workforce of Realtors during the second quarter of 2024 was higher in the age group with 45 to 54 years concentrating 25.1k workers of which 36% corresponds to formal employment (9.04k) and 64% to informal employment (16.1k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 43.3k workers of which 55.4% corresponds to formal employment (24k) and 44.6% corresponds to informal employment (19.3k).