Business & Finance Ann Arbor, MI Pop. 123,851

Real Estate Agent Salary in Ann Arbor, Michigan

The median real estate agent salary in Ann Arbor, MI is $54,632 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$54,632
vs State Avg
+$7,805
vs National
+$2,602
Cost of Living
105%

Real Estate Agent Salary in Ann Arbor by Experience

In Ann Arbor, 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 Ann Arbor, MI

Percentile Ann Arbor
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 Michigan Cities

How to Become a Real Estate Agent in Ann Arbor

Education

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

Find Real Estate Agent Jobs in Ann Arbor

Browse open real estate agent positions in Ann Arbor, MI:

Frequently Asked Questions: Real Estate Agent Salary in Ann Arbor

How much does a Real Estate Agent make in Ann Arbor, MI?
The median real estate agent salary in Ann Arbor, Michigan 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 Ann Arbor?
Based on the median annual salary of $54,632, a real estate agent in Ann Arbor earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Ann Arbor compare to the Michigan state average for real estate agent pay?
Ann Arbor's median real estate agent salary of $54,632 is 16.7% above the Michigan state average of $46,827. The local cost of living index is 105% of the national average.
What is the cost of living in Ann Arbor, MI?
Ann Arbor has a cost of living index of 105% compared to the national average. This means a real estate agent salary of $54,632 in Ann Arbor 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 Ann Arbor?
Most real estate agent positions in Ann Arbor 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.