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.