Business & Finance Covington, KY Pop. 40,961

Real Estate Agent Salary in Covington, Kentucky

The median real estate agent salary in Covington, KY is $45,786 per year, which is 12% below the national median and 1.1% above the Kentucky state average.

City Median
$45,786
vs State Avg
+$520
vs National
$-6,244
Cost of Living
88%

Real Estate Agent Salary in Covington by Experience

In Covington, an entry-level real estate agent earns around $26,400, while experienced professionals earn up to $96,800 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$26,400
$-3,600 vs national
Mid Level (3-7 yrs)
$48,400
$-6,600 vs national
Senior Level (8+ yrs)
$96,800
$-13,200 vs national

Salary Percentiles in Covington, KY

Percentile Covington
10th Percentile $25,344
25th Percentile $31,152
Median (50th) $45,786
75th Percentile $67,056
90th Percentile $98,912

Real Estate Agent Salary in Other Kentucky Cities

How to Become a Real Estate Agent in Covington

Education

Most real estate agent positions require a high school diploma. Covington and the surrounding Kentucky 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 Covington may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Covington

Browse open real estate agent positions in Covington, KY:

Frequently Asked Questions: Real Estate Agent Salary in Covington

How much does a Real Estate Agent make in Covington, KY?
The median real estate agent salary in Covington, Kentucky is $45,786 per year, which is 12% below the national median of $52,030. Salaries range from $25,344 (10th percentile) to $98,912 (90th percentile).
How much does a Real Estate Agent make per hour in Covington?
Based on the median annual salary of $45,786, a real estate agent in Covington earns approximately $22 per hour assuming a standard 2,080-hour work year.
How does Covington compare to the Kentucky state average for real estate agent pay?
Covington's median real estate agent salary of $45,786 is 1.1% above the Kentucky state average of $45,266. The local cost of living index is 88% of the national average.
What is the cost of living in Covington, KY?
Covington has a cost of living index of 88% compared to the national average. This means a real estate agent salary of $45,786 in Covington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Covington?
Most real estate agent positions in Covington 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.