Business & Finance Detroit, MI Pop. 639,111

Real Estate Agent Salary in Detroit, Michigan

The median real estate agent salary in Detroit, MI is $45,786 per year, which is 12% below the national median and 2.2% below the Michigan state average.

City Median
$45,786
vs State Avg
$-1,041
vs National
$-6,244
Cost of Living
88%

Real Estate Agent Salary in Detroit by Experience

In Detroit, an entry-level real estate agent earns around $26,400, while experienced professionals earn up to $96,800 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$26,400
$-3,600 vs national
Mid Level (3-7 yrs)
$48,400
$-6,600 vs national
Senior Level (8+ yrs)
$96,800
$-13,200 vs national

Salary Percentiles in Detroit, MI

Percentile Detroit
10th Percentile $25,344
25th Percentile $31,152
Median (50th) $45,786
75th Percentile $67,056
90th Percentile $98,912

Real Estate Agent Salary in Other Michigan Cities

Ann Arbor, MI
$54,632
Pop. 123,851
Grand Rapids, MI
$46,827
Pop. 198,917
Warren, MI
$45,786
Pop. 139,387
Lansing, MI
$44,746
Pop. 112,644

How to Become a Real Estate Agent in Detroit

Education

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