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

Columbia, MD
$63,997
Pop. 104,681
Germantown, MD
$62,436
Pop. 90,676
Baltimore, MD
$58,794
Pop. 585,708
Waldorf, MD
$57,233
Pop. 77,000

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.

Find Real Estate Agent Jobs in Silver Spring

Browse open real estate agent positions in Silver Spring, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Agent Salary in Silver Spring

How much does a Real Estate Agent make in Silver Spring, MD? ▼
The median real estate agent salary in Silver Spring, Maryland is $66,078 per year, which is 27.0% above the national median of $52,030. Salaries range from $36,576 (10th percentile) to $142,748 (90th percentile).
How much does a Real Estate Agent make per hour in Silver Spring? ▼
Based on the median annual salary of $66,078, a real estate agent in Silver Spring earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Silver Spring compare to the Maryland state average for real estate agent pay? ▼
Silver Spring's median real estate agent salary of $66,078 is 10.4% above the Maryland state average of $59,835. The local cost of living index is 122% of the national average.
What is the cost of living in Silver Spring, MD? ▼
Silver Spring has a cost of living index of 122% compared to the national average. This means a real estate agent salary of $66,078 in Silver Spring 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 Silver Spring? ▼
Most real estate agent positions in Silver Spring 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.