Business & Finance Grand Rapids, MI Pop. 198,917

Real Estate Agent Salary in Grand Rapids, Michigan

The median real estate agent salary in Grand Rapids, MI is $46,827 per year, which is 10% below the national median and 0.0% above the Michigan state average.

City Median
$46,827
vs State Avg
+$0
vs National
$-5,203
Cost of Living
90%

Real Estate Agent Salary in Grand Rapids by Experience

In Grand Rapids, an entry-level real estate agent earns around $27,000, while experienced professionals earn up to $99,000 per year. The local cost of living index 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 Grand Rapids, MI

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

Real Estate Agent Salary in Other Michigan Cities

How to Become a Real Estate Agent in Grand Rapids

Education

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