Business & Finance Rochester, MN Pop. 121,395

Real Estate Agent Salary in Rochester, Minnesota

The median real estate agent salary in Rochester, MN is $52,030 per year, which is 0.0% above the national median and 1.0% above the Minnesota state average.

City Median
$52,030
vs State Avg
+$520
vs National
+$0
Cost of Living
98%

Real Estate Agent Salary in Rochester by Experience

In Rochester, an entry-level real estate agent earns around $30,000, while experienced professionals earn up to $110,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$30,000
+$0 vs national
Mid Level (3-7 yrs)
$55,000
+$0 vs national
Senior Level (8+ yrs)
$110,000
+$0 vs national

Salary Percentiles in Rochester, MN

Percentile Rochester
10th Percentile $28,800
25th Percentile $35,400
Median (50th) $52,030
75th Percentile $76,200
90th Percentile $112,400

Real Estate Agent Salary in Other Minnesota Cities

How to Become a Real Estate Agent in Rochester

Education

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

Find Real Estate Agent Jobs in Rochester

Browse open real estate agent positions in Rochester, MN:

Frequently Asked Questions: Real Estate Agent Salary in Rochester

How much does a Real Estate Agent make in Rochester, MN?
The median real estate agent salary in Rochester, Minnesota is $52,030 per year, which is 0.0% above the national median of $52,030. Salaries range from $28,800 (10th percentile) to $112,400 (90th percentile).
How much does a Real Estate Agent make per hour in Rochester?
Based on the median annual salary of $52,030, a real estate agent in Rochester earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Rochester compare to the Minnesota state average for real estate agent pay?
Rochester's median real estate agent salary of $52,030 is 1.0% above the Minnesota state average of $51,510. The local cost of living index is 98% of the national average.
What is the cost of living in Rochester, MN?
Rochester has a cost of living index of 98% compared to the national average. This means a real estate agent salary of $52,030 in Rochester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Rochester?
Most real estate agent positions in Rochester 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.