Business & Finance South Portland, ME Pop. 25,665

Real Estate Agent Salary in South Portland, Maine

The median real estate agent salary in South Portland, ME is $54,632 per year, which is 5.0% above the national median and 7.1% above the Maine state average.

City Median
$54,632
vs State Avg
+$3,643
vs National
+$2,602
Cost of Living
105%

Real Estate Agent Salary in South Portland by Experience

In South Portland, an entry-level real estate agent earns around $31,500, while experienced professionals earn up to $115,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$31,500
+$1,500 vs national
Mid Level (3-7 yrs)
$57,750
+$2,750 vs national
Senior Level (8+ yrs)
$115,500
+$5,500 vs national

Salary Percentiles in South Portland, ME

Percentile South Portland
10th Percentile $30,240
25th Percentile $37,170
Median (50th) $54,632
75th Percentile $80,010
90th Percentile $118,020

Real Estate Agent Salary in Other Maine Cities

How to Become a Real Estate Agent in South Portland

Education

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

Find Real Estate Agent Jobs in South Portland

Browse open real estate agent positions in South Portland, ME:

Frequently Asked Questions: Real Estate Agent Salary in South Portland

How much does a Real Estate Agent make in South Portland, ME?
The median real estate agent salary in South Portland, Maine is $54,632 per year, which is 5.0% above the national median of $52,030. Salaries range from $30,240 (10th percentile) to $118,020 (90th percentile).
How much does a Real Estate Agent make per hour in South Portland?
Based on the median annual salary of $54,632, a real estate agent in South Portland earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does South Portland compare to the Maine state average for real estate agent pay?
South Portland's median real estate agent salary of $54,632 is 7.1% above the Maine state average of $50,989. The local cost of living index is 105% of the national average.
What is the cost of living in South Portland, ME?
South Portland has a cost of living index of 105% compared to the national average. This means a real estate agent salary of $54,632 in South Portland 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 South Portland?
Most real estate agent positions in South Portland 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.