There are many different fields a New Mexico Private Investigator can work in, all with different salaries. Most New Mexico Private Detectives work as employees of PI agencies, but they can even work for themselves. For simplicity’s sake, we will discuss the most common field a New Mexico PI would work in: surveillance for insurance fraud.
So how much does a Private Investigator make in New Mexico? A Private Investigator salary in the state of New Mexico for a new Private Investigator is typically $40,000 per year. This can go up to $80,000 for an experienced Private Investigator who is known for accomplishing objectives on a constant basis. However, a salary is not commonly used for surveillance operatives, an hourly rate is.
New Mexico PI Hourly Rate
An hourly rate for a rookie New Mexico Private Detective is usually around $16 per hour. This would equal a salary of approximately $32,000 USD per year; however, New Mexico Investigators get paid travel time, mileage, and report writing time. This supplementary payment can increase the $32k salary to more around $40k. This supplementary payment holds true for experienced New Mexico Private Investigators as well.
Make More Money in New Mexico With Training
Being new to the job as a New Mexico PI does not necessarily mean that you need a lot of experience to obtain $80,000 USD per year, you just need to obtain constant positive results. This will show New Mexico employers that you are valuable, even without a lot of experience. This is where Private Investigator education and training courses come in to play. PI education will help new PIs in New Mexico obtain positive results gaining them more revenue in a much shorter time.
Earn 7 Figures as a New Mexico PI
Private Investigators in New Mexico can eventually get a seven-figure income after they start working for themselves. This is done when a Private Investigator manages multiple investigations, each being worked by other PIs/ employees. However, a Private Investigator can still earn high revenue without employees. If a New Mexico Private Investigator works their own files, they can make around $200,000 USD per year. So anyway you look at it, this career is very lucrative in New Mexico.
Private Investigator Salary New Mexico Summary
New New Mexico PI $40,000 USD Per Year
Experienced New Mexico PI $80,000 USD Per Year
Self-employed New Mexico PI $200,000 USD Per Year
New Mexico PI Agency $1,000,000+
How to Become a PI in New Mexico
Thinking of Becoming a New Mexico Private Investigator?
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About the Author
Peter Sandru is an Instructor & Co-Founder of NDIL with over 15 years as a Professional Private Investigator. Peter has spent more than a decade conducting investigations and security operations throughout the world, primarily for corporations, law firms, and government agencies. Peter has assisted in the creation of numerous investigative & security training programs in various capacities. Thru NDIL, Peter has helped many in New Mexico become Private Investigators.