Business & Finance Cambridge, MA Pop. 118,403

Real Estate Agent Salary in Cambridge, Massachusetts

The median real estate agent salary in Cambridge, MA is $86,890 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.

City Median
$86,890
vs State Avg
+$13,007
vs National
+$34,860
Cost of Living
160%

Real Estate Agent Salary in Cambridge by Experience

In Cambridge, an entry-level real estate agent earns around $50,100, while experienced professionals earn up to $183,700 per year. The local cost of living index is 160% of the national average.

Entry Level (0-2 yrs)
$50,100
+$20,100 vs national
Mid Level (3-7 yrs)
$91,850
+$36,850 vs national
Senior Level (8+ yrs)
$183,700
+$73,700 vs national

Salary Percentiles in Cambridge, MA

Percentile Cambridge
10th Percentile $48,096
25th Percentile $59,118
Median (50th) $86,890
75th Percentile $127,254
90th Percentile $187,708

Real Estate Agent Salary in Other Massachusetts Cities

How to Become a Real Estate Agent in Cambridge

Education

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

Find Real Estate Agent Jobs in Cambridge

Browse open real estate agent positions in Cambridge, MA:

Frequently Asked Questions: Real Estate Agent Salary in Cambridge

How much does a Real Estate Agent make in Cambridge, MA?
The median real estate agent salary in Cambridge, Massachusetts is $86,890 per year, which is 67.0% above the national median of $52,030. Salaries range from $48,096 (10th percentile) to $187,708 (90th percentile).
How much does a Real Estate Agent make per hour in Cambridge?
Based on the median annual salary of $86,890, a real estate agent in Cambridge earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Cambridge compare to the Massachusetts state average for real estate agent pay?
Cambridge's median real estate agent salary of $86,890 is 17.6% above the Massachusetts state average of $73,883. The local cost of living index is 160% of the national average.
What is the cost of living in Cambridge, MA?
Cambridge has a cost of living index of 160% compared to the national average. This means a real estate agent salary of $86,890 in Cambridge 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 Cambridge?
Most real estate agent positions in Cambridge 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.