Business & Finance Minnesota (MN) Rank #19 of 50

Real Estate Agent Salary in Minnesota

The median real estate agent salary in Minnesota is $51,510 per year, which is 1% below the national median of $52,030.

Median Salary
$51,510
vs National
$-520
State Rank
#19 of 50
Cost of Living
97%

Real Estate Agent Salary Overview in Minnesota (2026)

Minnesota ranks #19 out of 50 states for real estate agent compensation. Minnesota falls in the middle of the pack for real estate agent pay, offering salaries near the national average. At $51,510 per year, real estate agents in Minnesota earn $520 less than the national median of $52,030.

Minnesota's cost of living is near the national average at 97%, meaning real estate agent salaries here translate closely to their face value in purchasing power.

The salary spread in Minnesota is significant: real estate agents at the 10th percentile earn $28,512, while those at the 90th percentile bring home $111,276 — a $82,764 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $55,672.

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for real estate agents across the country.

Real Estate Agent Salary in Minnesota by Experience

In Minnesota, an entry-level real estate agent earns around $29,700, while experienced professionals earn up to $108,900 per year. The cost of living index in Minnesota is 97% of the national average.

Entry Level (0-2 yrs)
$29,700
$-300 vs national
Mid Level (3-7 yrs)
$54,450
$-550 vs national
Senior Level (8+ yrs)
$108,900
$-1,100 vs national

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Salary Percentiles in Minnesota

Percentile MN Salary
10th Percentile $28,512
25th Percentile $35,046
Median (50th) $51,510
75th Percentile $75,438
90th Percentile $111,276

Real Estate Agent Salary by City in Minnesota

The largest employment areas for real estate agents in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Agent in Minnesota

Education

Most real estate agent positions require a high school diploma. Minnesota has several accredited institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook in Minnesota

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Minnesota's demand may vary based on local industry trends.

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Data shows Real Estate Agents who negotiate earn 7–15% more. A single negotiation could add $57,390 over your career trajectory.

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Frequently Asked Questions: Real Estate Agent Salary in Minnesota

How much does a Real Estate Agent make in Minnesota? ▼
The median real estate agent salary in Minnesota is $51,510 per year, which is 1% below the national median of $52,030. Salaries range from $28,512 (10th percentile) to $111,276 (90th percentile).
How much does a Real Estate Agent make per hour in Minnesota? ▼
Based on the median annual salary of $51,510, a real estate agent in Minnesota earns approximately $25 per hour assuming a standard 2,080-hour work year.
Is Minnesota a good state for real estate agents? ▼
Minnesota ranks #19 out of 50 states for real estate agent pay. The cost of living index is 97% of the national average. Entry-level real estate agents earn $29,700, while senior professionals earn $108,900.
How does Minnesota compare to other states for real estate agent salary? ▼
The highest paying state for real estate agents is Hawaii at $88,451. Minnesota's median of $51,510 ranks #19 nationally. Nearby-ranked states include Vermont ($52,550) and Pennsylvania ($52,030).
What is the entry-level real estate agent salary in Minnesota? ▼
An entry-level real estate agent in Minnesota earns approximately $29,700 per year. With 3-7 years of experience, pay increases to around $54,450. Senior-level professionals with 8+ years earn up to $108,900.
What city in Minnesota pays real estate agents the most? ▼
Minneapolis is the highest paying city in Minnesota for real estate agents, with a median salary of $55,672. Other cities include Saint Paul and Rochester.