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.