Business & Finance Chicago, IL
Pop. 2,693,976
Real Estate Agent Salary in Chicago, Illinois
The median real estate agent salary in Chicago, IL is $58,794 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.
City Median
$58,794
vs State Avg
+$6,244
vs National
+$6,764
Cost of Living
107%
Real Estate Agent Salary in Chicago by Experience
In Chicago, an entry-level real estate agent earns around $33,900, while experienced professionals earn up to $124,300 per year. The local cost of living index is 107% of the national average.
Entry Level (0-2 yrs)
$33,900
+$3,900 vs national
Mid Level (3-7 yrs)
$62,150
+$7,150 vs national
Senior Level (8+ yrs)
$124,300
+$14,300 vs national
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $32,544 |
| 25th Percentile | $40,002 |
| Median (50th) | $58,794 |
| 75th Percentile | $86,106 |
| 90th Percentile | $127,012 |
Real Estate Agent Salary in Other Illinois Cities
How to Become a Real Estate Agent in Chicago
Education
Most real estate agent positions require a high school diploma. Chicago and the surrounding Illinois 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 Chicago may vary based on local industry and population growth.