Realtors
Occupation (4223) - 2024-Q3
- 93.8k, Workforce
- $7.97k MX, Average monthly salary
- 46.4, Average age
- 38.1, Weekly hours worked
- 5.42, Weekly days worked
- 4.75%, Workforce with second job
- 46.9%, Informal Workforce
- 14.5, Average years of Schooling
About Realtors
#permalink to sectionThe workforce of Realtors during third quarter of 2024 was 93.8k people, whose salary averaged $7.97k MX working around 38.1 hours per week.
The average age of Realtors was 46.4 years. The workforce was distributed in 44.6% men with an average salary of $8.24k MX and, 55.4% women with average salary of $7.76k MX.
The best average salaries received by Realtors were in Coahuila de Zaragoza ($24.8k MX), Tlaxcala ($22.8k MX), and Baja California Sur ($22.1k MX) while the workforce was larger in Ciudad de México (11.3k), Estado de México (10.3k), and Nuevo León (6.68k).
In terms of industries, the best average salaries were in Residential Building Construction ($13.3k MX), Financial Institutions for Economic Developmen ($10.5k MX), and Financial Institutions for Economic Development ($10.5k MX), while the workforce was concentrated on Residential Building Construction (6.97k), Legal Services (2.45k), and General Public Administration (11.8%).
58.7% of the total informal workers correspond to women with an average salary of $6.74k MX and 41.3% to men with an average salary of $7.42k MX.
At the level of states, Tamaulipas had the highest percentage of informal workers with 100% corresponding to 763 from 763 workers, while the state with the lowest percentage of informal workers was Tabasco with a 6.89% corresponding to 21 from 305 workers.
Employment
#permalink to sectionWorkforce and Salaries Evolution
#permalink to section- 93.8k, Workforce 2024-Q3
- $7.97k MX, Average monthly salary 2024-Q3
At third quarter of 2024, the people who worked as Realtors were 93.8k being a 5.48% higher than the second quarter of 2024. (88.9k).
In the same period, an average salary of $7.97k MX was observed, registering an increase of 11.1%, compared to the second quarter of 2024 ($7.18k MX).
Workforce by State
#permalink to sectionThe states with the highest number of Realtors during the third quarter of 2024 were Ciudad de México (11.3k), Estado de México (10.3k), and Nuevo León (6.68k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Estado de México and Nuevo León with an increase of 4.36k (72.9%) and 1.97k (42%), respectively. On the other hand, the negative variations were accentuated in Sinaloa and Jalisco with a decrease of 2.52k (53.2%) and 1.99k (29.7%), respectively.
Salaries by State
#permalink to sectionThe states with the best average salaries for Realtors during third quarter of 2024 were Coahuila de Zaragoza ($24.8k MX), Tlaxcala ($22.8k MX), and Baja California Sur ($22.1k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Coahuila de Zaragoza and Baja California Sur with an increase of $12.5k MX (101%) and $8.6k MX (63.7%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Nayarit and Tabasco with a decrease of $24.1k MX (78%) and $14.8k MX (81.6%), respectively.
Diversity
#permalink to sectionAverage Salary and Workforce by Sex and Age
#permalink to sectionAverage Age 2024-Q3
- 46.8, Women
- 45.8, Men
At third quarter of 2024, the male workforce in Realtors represented the 44.6% of the employed population and women 55.4%. The male workforce was higher in the age group of 35 to 44 years (9.32k), while the female workforce was higher in the age group of 45 to 54 years (13.5k).
The highest average salary was $10.4k MX received by women from 45 to 54 years, while the lowest average salary was $4.93k MX received by women from 35 to 44 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-Q3)
- 14.5, Women
- 14.6, Men
During the third quarter of 2024, male and female workforce in Realtors was concentrated in the educational segment with 16 to 18 years of schooling (23.4k men and 28.4k women).
The highest average salary was $9.34k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $4.58k MX received by women with 10 to 12 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 third quarter of 2024, the workforce was higher in Residential Building Construction (52.6%), Legal Services (18.5%), and General Public Administration (11.8%).
In the same period, the best average salaries were received in Residential Building Construction ($13.3k MX), Financial Institutions for Economic Developmen ($10.5k MX), and Financial Institutions for Economic Development ($10.5k MX).
Labor Informality
#permalink to sectionLabor Informality
#permalink to sectionLabor Informality 2024-Q3
- 46.9%, Realtors
- 54.6%, Average Informality in Mexico
During the third quarter of 2024, the labor informality of Realtors reached a 46.9%, which implied a decrease from 6.64 percentage points compared to the second quarter of 2024 (53.5%).
The labor informality of this occupation was lower than informality at the country level in 7.77 percentage points during the third quarter of 2024.
Labor Informality by State
#permalink to sectionGreater Labor Informality: 100%, Tamaulipas
Less Labor Informality: 6.89 %, Tabasco
At third quarter of 2024, the states with the highest rate of labor informality in Realtors were Tamaulipas (100%), Michoacán de Ocampo (81.4%), and Guerrero (77.8%).
The states with the lowest informality rate were Campeche (17.3%), Nuevo León (10.6%), and Tabasco (6.89%).
Labor Informality by Age and Education
#permalink to sectionThe workforce of Realtors during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 22.2k workers of which 56.1% corresponds to formal employment (12.4k) and 43.9% to informal employment (9.74k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 51.9k workers of which 66.2% corresponds to formal employment (34.3k) and 33.8% corresponds to informal employment (17.5k).