Business & Finance Paterson, NJ Pop. 159,732

Real Estate Agent Salary in Paterson, New Jersey

The median real estate agent salary in Paterson, NJ is $58,794 per year, which is 13.0% above the national median and 8.1% below the New Jersey state average.

City Median
$58,794
vs State Avg
$-5,203
vs National
+$6,764
Cost of Living
105%

Real Estate Agent Salary in Paterson by Experience

In Paterson, an entry-level real estate agent earns around $33,900, while experienced professionals earn up to $124,300 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$33,900
+$3,900 vs national
Mid Level (3-7 yrs)
$62,150
+$7,150 vs national
Senior Level (8+ yrs)
$124,300
+$14,300 vs national

Salary Percentiles in Paterson, NJ

Percentile Paterson
10th Percentile $32,544
25th Percentile $40,002
Median (50th) $58,794
75th Percentile $86,106
90th Percentile $127,012

Real Estate Agent Salary in Other New Jersey Cities

How to Become a Real Estate Agent in Paterson

Education

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