Business & Finance Silver Spring, MD Pop. 81,015

Real Estate Agent Salary in Silver Spring, Maryland

The median real estate agent salary in Silver Spring, MD is $66,078 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.

City Median
$66,078
vs State Avg
+$6,243
vs National
+$14,048
Cost of Living
122%

Real Estate Agent Salary in Silver Spring by Experience

In Silver Spring, an entry-level real estate agent earns around $38,100, while experienced professionals earn up to $139,700 per year. The local cost of living index is 122% of the national average.

Entry Level (0-2 yrs)
$38,100
+$8,100 vs national
Mid Level (3-7 yrs)
$69,850
+$14,850 vs national
Senior Level (8+ yrs)
$139,700
+$29,700 vs national

Salary Percentiles in Silver Spring, MD

Percentile Silver Spring
10th Percentile $36,576
25th Percentile $44,958
Median (50th) $66,078
75th Percentile $96,774
90th Percentile $142,748

Real Estate Agent Salary in Other Maryland Cities

How to Become a Real Estate Agent in Silver Spring

Education

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