Business & Finance Albany, NY Pop. 99,224

Real Estate Agent Salary in Albany, New York

The median real estate agent salary in Albany, NY is $57,233 per year, which is 10.0% above the national median and 17.9% below the New York state average.

City Median
$57,233
vs State Avg
$-12,487
vs National
+$5,203
Cost of Living
98%

Real Estate Agent Salary in Albany by Experience

In Albany, an entry-level real estate agent earns around $33,000, while experienced professionals earn up to $121,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$33,000
+$3,000 vs national
Mid Level (3-7 yrs)
$60,500
+$5,500 vs national
Senior Level (8+ yrs)
$121,000
+$11,000 vs national

Salary Percentiles in Albany, NY

Percentile Albany
10th Percentile $31,680
25th Percentile $38,940
Median (50th) $57,233
75th Percentile $83,820
90th Percentile $123,640

Real Estate Agent Salary in Other New York Cities

How to Become a Real Estate Agent in Albany

Education

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

Find Real Estate Agent Jobs in Albany

Browse open real estate agent positions in Albany, NY:

Frequently Asked Questions: Real Estate Agent Salary in Albany

How much does a Real Estate Agent make in Albany, NY?
The median real estate agent salary in Albany, New York is $57,233 per year, which is 10.0% above the national median of $52,030. Salaries range from $31,680 (10th percentile) to $123,640 (90th percentile).
How much does a Real Estate Agent make per hour in Albany?
Based on the median annual salary of $57,233, a real estate agent in Albany earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Albany compare to the New York state average for real estate agent pay?
Albany's median real estate agent salary of $57,233 is 17.9% below the New York state average of $69,720. The local cost of living index is 98% of the national average.
What is the cost of living in Albany, NY?
Albany has a cost of living index of 98% compared to the national average. This means a real estate agent salary of $57,233 in Albany 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 Albany?
Most real estate agent positions in Albany 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.