Business & Finance Newark, DE Pop. 33,398

Real Estate Agent Salary in Newark, Delaware

The median real estate agent salary in Newark, DE is $55,672 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$55,672
vs State Avg
+$520
vs National
+$3,642
Cost of Living
102%

Real Estate Agent Salary in Newark by Experience

In Newark, an entry-level real estate agent earns around $32,100, while experienced professionals earn up to $117,700 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$32,100
+$2,100 vs national
Mid Level (3-7 yrs)
$58,850
+$3,850 vs national
Senior Level (8+ yrs)
$117,700
+$7,700 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $30,816
25th Percentile $37,878
Median (50th) $55,672
75th Percentile $81,534
90th Percentile $120,268

Real Estate Agent Salary in Other Delaware Cities

How to Become a Real Estate Agent in Newark

Education

Most real estate agent positions require a high school diploma. Newark and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Newark may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Newark

Browse open real estate agent positions in Newark, DE:

Frequently Asked Questions: Real Estate Agent Salary in Newark

How much does a Real Estate Agent make in Newark, DE?
The median real estate agent salary in Newark, Delaware is $55,672 per year, which is 7.0% above the national median of $52,030. Salaries range from $30,816 (10th percentile) to $120,268 (90th percentile).
How much does a Real Estate Agent make per hour in Newark?
Based on the median annual salary of $55,672, a real estate agent in Newark earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the Delaware state average for real estate agent pay?
Newark's median real estate agent salary of $55,672 is 0.9% above the Delaware state average of $55,152. The local cost of living index is 102% of the national average.
What is the cost of living in Newark, DE?
Newark has a cost of living index of 102% compared to the national average. This means a real estate agent salary of $55,672 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Newark?
Most real estate agent positions in Newark require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.