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.
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.
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 |
Major Cities for Real Estate Agents in Minnesota
The largest employment areas for real estate agents in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries in major metro areas may be higher due to increased demand and cost of living.
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
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.