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.

Find Real Estate Agent Jobs in Grand Rapids

Browse open real estate agent positions in Grand Rapids, MI:

Frequently Asked Questions: Real Estate Agent Salary in Grand Rapids

How much does a Real Estate Agent make in Grand Rapids, MI?
The median real estate agent salary in Grand Rapids, Michigan is $46,827 per year, which is 10% below the national median of $52,030. Salaries range from $25,920 (10th percentile) to $101,160 (90th percentile).
How much does a Real Estate Agent make per hour in Grand Rapids?
Based on the median annual salary of $46,827, a real estate agent in Grand Rapids earns approximately $23 per hour assuming a standard 2,080-hour work year.
How does Grand Rapids compare to the Michigan state average for real estate agent pay?
Grand Rapids's median real estate agent salary of $46,827 is 0.0% above the Michigan state average of $46,827. The local cost of living index is 90% of the national average.
What is the cost of living in Grand Rapids, MI?
Grand Rapids has a cost of living index of 90% compared to the national average. This means a real estate agent salary of $46,827 in Grand Rapids has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Grand Rapids?
Most real estate agent positions in Grand Rapids 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.