Business & Finance

Real Estate Agent Salary

Real estate agents help clients buy, sell, and rent properties. They provide market analysis, negotiate deals, and guide clients through the real estate transaction process.

Median Salary
$52,030
Mean Salary
$65,850
Total Employed
508,300
Job Growth
+3%

Real Estate Agent Salary by Experience Level

Entry-level real estate agents earn around $30,000 per year, while mid-career professionals earn $55,000. Senior-level real estate agents can earn $110,000 or more.

Entry Level (0-2 yrs)
$30,000
Mid Level (3-7 yrs)
$55,000
Senior Level (8+ yrs)
$110,000

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Salary Percentile Breakdown

The salary range for real estate agents varies significantly. The bottom 10% earn $28,800, while the top 10% earn $112,400.

Percentile Annual Salary
10th Percentile $28,800
25th Percentile $35,400
50th Percentile (Median) $52,030
75th Percentile $76,200
90th Percentile $112,400

Real Estate Agent Salary by State

Real Estate Agent salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $88,451, while Mississippi offers the lowest at $43,185.

State Median
#1 Hawaii $88,451 Details →
#2 Massachusetts $73,883 Details →
#3 California $71,801 Details →
#4 New York $69,720 Details →
#5 Alaska $64,517 Details →
#6 New Jersey $63,997 Details →
#7 Connecticut $62,436 Details →
#8 Maryland $59,835 Details →
#9 Washington $59,834 Details →
#10 Oregon $57,233 Details →
#11 Virginia $56,713 Details →
#12 New Hampshire $55,672 Details →
#13 Rhode Island $55,672 Details →
#14 Delaware $55,152 Details →
#15 Colorado $54,632 Details →
#16 Illinois $52,550 Details →
#17 Vermont $52,550 Details →
#18 Pennsylvania $52,030 Details →
#19 Minnesota $51,510 Details →
#20 Florida $50,989 Details →
#21 Maine $50,989 Details →
#22 Arizona $50,469 Details →
#23 Nevada $50,469 Details →
#24 Utah $50,469 Details →
#25 Georgia $49,429 Details →
#26 Montana $49,429 Details →
#27 North Carolina $49,429 Details →
#28 Idaho $48,908 Details →
#29 New Mexico $48,388 Details →
#30 Nebraska $47,868 Details →
#31 Texas $47,868 Details →
#32 Wisconsin $47,868 Details →
#33 Wyoming $47,868 Details →
#34 Louisiana $47,347 Details →
#35 Indiana $46,827 Details →
#36 Michigan $46,827 Details →
#37 North Dakota $46,827 Details →
#38 Ohio $46,827 Details →
#39 Iowa $46,307 Details →
#40 South Carolina $46,307 Details →
#41 Tennessee $46,307 Details →
#42 Missouri $45,786 Details →
#43 South Dakota $45,786 Details →
#44 Alabama $45,266 Details →
#45 Kansas $45,266 Details →
#46 Kentucky $45,266 Details →
#47 Oklahoma $44,746 Details →
#48 Arkansas $43,705 Details →
#49 West Virginia $43,705 Details →
#50 Mississippi $43,185 Details →

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Key Responsibilities

  • ● List properties and conduct showings for buyers
  • ● Analyze local market conditions and comparable sales
  • ● Negotiate purchase agreements and contract terms
  • ● Guide clients through financing and closing processes
  • ● Market properties through listings, open houses, and advertising

Top Skills

Negotiation Market Analysis Customer Service MLS Systems Marketing Contract Knowledge

Education Required

High school diploma

Job Outlook

As fast as average — projected 3% growth over the next decade

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Frequently Asked Questions About Real Estate Agent Salaries

How much does a Real Estate Agent make per year? ▼
The median real estate agent salary in the United States is $52,030 per year. Entry-level positions start around $30,000, while senior-level professionals earn up to $110,000 annually. The mean (average) salary is $65,850.
How much does a Real Estate Agent make per hour? ▼
Based on the national median salary of $52,030 per year, a real estate agent earns approximately $25 per hour assuming a standard 2,080-hour work year. Hourly rates vary by experience, location, and employer.
What is the highest paying state for real estate agents? ▼
Hawaii is the highest paying state for real estate agents, with a median salary of $88,451. Other top-paying states include Massachusetts ($73,883) and California ($71,801).
What education do you need to become a real estate agent? ▼
Most real estate agent positions require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. Relevant certifications and hands-on experience can also strengthen your qualifications.
What is the job outlook for real estate agents? ▼
Employment for real estate agents is projected to grow 3% over the next decade, which is as fast as average. There are currently 508,300 real estate agents employed in the United States.
How much does an entry-level real estate agent make? ▼
An entry-level real estate agent with 0-2 years of experience earns around $30,000 per year. With 3-7 years of experience, pay increases to approximately $55,000. The bottom 10% of earners make $28,800, while the top 10% earn $112,400.