Business & Finance Providence, RI Pop. 190,934

Real Estate Agent Salary in Providence, Rhode Island

The median real estate agent salary in Providence, RI is $57,233 per year, which is 10.0% above the national median and 2.8% above the Rhode Island state average.

City Median
$57,233
vs State Avg
+$1,561
vs National
+$5,203
Cost of Living
108%

Real Estate Agent Salary in Providence by Experience

In Providence, 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 108% 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 Providence, RI

Percentile Providence
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 Rhode Island Cities

How to Become a Real Estate Agent in Providence

Education

Most real estate agent positions require a high school diploma. Providence and the surrounding Rhode Island 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 Providence may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Providence

Browse open real estate agent positions in Providence, RI:

Frequently Asked Questions: Real Estate Agent Salary in Providence

How much does a Real Estate Agent make in Providence, RI?
The median real estate agent salary in Providence, Rhode Island 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 Providence?
Based on the median annual salary of $57,233, a real estate agent in Providence earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Providence compare to the Rhode Island state average for real estate agent pay?
Providence's median real estate agent salary of $57,233 is 2.8% above the Rhode Island state average of $55,672. The local cost of living index is 108% of the national average.
What is the cost of living in Providence, RI?
Providence has a cost of living index of 108% compared to the national average. This means a real estate agent salary of $57,233 in Providence 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 Providence?
Most real estate agent positions in Providence 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.