Business & Finance Bloomington, MN Pop. 89,987

Real Estate Agent Salary in Bloomington, Minnesota

The median real estate agent salary in Bloomington, MN is $54,111 per year, which is 4.0% above the national median and 5.0% above the Minnesota state average.

City Median
$54,111
vs State Avg
+$2,601
vs National
+$2,081
Cost of Living
102%

Real Estate Agent Salary in Bloomington by Experience

In Bloomington, an entry-level real estate agent earns around $31,200, while experienced professionals earn up to $114,400 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$31,200
+$1,200 vs national
Mid Level (3-7 yrs)
$57,200
+$2,200 vs national
Senior Level (8+ yrs)
$114,400
+$4,400 vs national

Salary Percentiles in Bloomington, MN

Percentile Bloomington
10th Percentile $29,952
25th Percentile $36,816
Median (50th) $54,111
75th Percentile $79,248
90th Percentile $116,896

Real Estate Agent Salary in Other Minnesota Cities

How to Become a Real Estate Agent in Bloomington

Education

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

Find Real Estate Agent Jobs in Bloomington

Browse open real estate agent positions in Bloomington, MN:

Frequently Asked Questions: Real Estate Agent Salary in Bloomington

How much does a Real Estate Agent make in Bloomington, MN?
The median real estate agent salary in Bloomington, Minnesota is $54,111 per year, which is 4.0% above the national median of $52,030. Salaries range from $29,952 (10th percentile) to $116,896 (90th percentile).
How much does a Real Estate Agent make per hour in Bloomington?
Based on the median annual salary of $54,111, a real estate agent in Bloomington earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Bloomington compare to the Minnesota state average for real estate agent pay?
Bloomington's median real estate agent salary of $54,111 is 5.0% above the Minnesota state average of $51,510. The local cost of living index is 102% of the national average.
What is the cost of living in Bloomington, MN?
Bloomington has a cost of living index of 102% compared to the national average. This means a real estate agent salary of $54,111 in Bloomington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Bloomington?
Most real estate agent positions in Bloomington 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.