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

Jersey City, NJ
$70,761
Pop. 292,449
Edison, NJ
$63,997
Pop. 107,588
Newark, NJ
$62,436
Pop. 311,549
Elizabeth, NJ
$60,355
Pop. 137,298

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.

Find Real Estate Agent Jobs in Paterson

Browse open real estate agent positions in Paterson, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Real Estate Agent Salary in Paterson

How much does a Real Estate Agent make in Paterson, NJ? ▼
The median real estate agent salary in Paterson, New Jersey is $58,794 per year, which is 13.0% above the national median of $52,030. Salaries range from $32,544 (10th percentile) to $127,012 (90th percentile).
How much does a Real Estate Agent make per hour in Paterson? ▼
Based on the median annual salary of $58,794, a real estate agent in Paterson earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Paterson compare to the New Jersey state average for real estate agent pay? ▼
Paterson's median real estate agent salary of $58,794 is 8.1% below the New Jersey state average of $63,997. The local cost of living index is 105% of the national average.
What is the cost of living in Paterson, NJ? ▼
Paterson has a cost of living index of 105% compared to the national average. This means a real estate agent salary of $58,794 in Paterson 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 Paterson? ▼
Most real estate agent positions in Paterson 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.