Business & Finance Michigan (MI) Rank #36 of 50

Real Estate Agent Salary in Michigan

The median real estate agent salary in Michigan is $46,827 per year, which is 10% below the national median of $52,030.

Median Salary
$46,827
vs National
$-5,203
State Rank
#36 of 50
Cost of Living
90%

Real Estate Agent Salary in Michigan by Experience

In Michigan, an entry-level real estate agent earns around $27,000, while experienced professionals earn up to $99,000 per year. The cost of living index in Michigan is 90% of the national average.

Entry Level (0-2 yrs)
$27,000
$-3,000 vs national
Mid Level (3-7 yrs)
$49,500
$-5,500 vs national
Senior Level (8+ yrs)
$99,000
$-11,000 vs national

Salary Percentiles in Michigan

Percentile MI Salary
10th Percentile $25,920
25th Percentile $31,860
Median (50th) $46,827
75th Percentile $68,580
90th Percentile $101,160

Major Cities for Real Estate Agents in Michigan

The largest employment areas for real estate agents in Michigan include Detroit, Grand Rapids, Ann Arbor, and Warren. Salaries in major metro areas may be higher due to increased demand and cost of living.

Detroit, MI
Metro area for real estate agent employment
Grand Rapids, MI
Metro area for real estate agent employment
Ann Arbor, MI
Metro area for real estate agent employment
Warren, MI
Metro area for real estate agent employment
Lansing, MI
Metro area for real estate agent employment

How to Become a Real Estate Agent in Michigan

Education

Most real estate agent positions require a high school diploma. Michigan has several accredited institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook in Michigan

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Michigan's demand may vary based on local industry trends.