Real Estate Agent Salary in Minneapolis, Minnesota
The median real estate agent salary in Minneapolis, MN is $55,672 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
Real Estate Agent Salary in Minneapolis by Experience
In Minneapolis, an entry-level real estate agent earns around $32,100, while experienced professionals earn up to $117,700 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $30,816 |
| 25th Percentile | $37,878 |
| Median (50th) | $55,672 |
| 75th Percentile | $81,534 |
| 90th Percentile | $120,268 |
Real Estate Agent Salary in Other Minnesota Cities
How to Become a Real Estate Agent in Minneapolis
Education
Most real estate agent positions require a high school diploma. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Minneapolis may vary based on local industry and population growth.