Business & Finance Tennessee (TN) Rank #41 of 50

Real Estate Agent Salary in Tennessee

The median real estate agent salary in Tennessee is $46,307 per year, which is 11% below the national median of $52,030.

Median Salary
$46,307
vs National
$-5,723
State Rank
#41 of 50
Cost of Living
89%

Real Estate Agent Salary Overview in Tennessee (2026)

Tennessee ranks #41 out of 50 states for real estate agent compensation. Real Estate Agent salaries in Tennessee are below the national median, though the lower cost of living can offset the difference. At $46,307 per year, real estate agents in Tennessee earn $5,723 less than the national median of $52,030.

A key advantage of working in Tennessee is its below-average cost of living (89% of the national index). This means the $46,307 salary has the purchasing power of roughly $52,030 in an average-cost area.

The salary spread in Tennessee is significant: real estate agents at the 10th percentile earn $25,632, while those at the 90th percentile bring home $100,036 — a $74,404 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Tennessee for this role is Nashville, where the median reaches $52,030.

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for real estate agents across the country.

Real Estate Agent Salary in Tennessee by Experience

In Tennessee, an entry-level real estate agent earns around $26,700, while experienced professionals earn up to $97,900 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$26,700
$-3,300 vs national
Mid Level (3-7 yrs)
$48,950
$-6,050 vs national
Senior Level (8+ yrs)
$97,900
$-12,100 vs national

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Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $25,632
25th Percentile $31,506
Median (50th) $46,307
75th Percentile $67,818
90th Percentile $100,036

Real Estate Agent Salary by City in Tennessee

The largest employment areas for real estate agents in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries vary by city based on local cost of living and demand.

How to Become a Real Estate Agent in Tennessee

Education

Most real estate agent positions require a high school diploma. Tennessee has several accredited institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook in Tennessee

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Tennessee's demand may vary based on local industry trends.

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Data shows Real Estate Agents who negotiate earn 7–15% more. A single negotiation could add $51,593 over your career trajectory.

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Frequently Asked Questions: Real Estate Agent Salary in Tennessee

How much does a Real Estate Agent make in Tennessee? ▼
The median real estate agent salary in Tennessee is $46,307 per year, which is 11% below the national median of $52,030. Salaries range from $25,632 (10th percentile) to $100,036 (90th percentile).
How much does a Real Estate Agent make per hour in Tennessee? ▼
Based on the median annual salary of $46,307, a real estate agent in Tennessee earns approximately $22 per hour assuming a standard 2,080-hour work year.
Is Tennessee a good state for real estate agents? ▼
Tennessee ranks #41 out of 50 states for real estate agent pay. The cost of living index is 89% of the national average. Entry-level real estate agents earn $26,700, while senior professionals earn $97,900.
How does Tennessee compare to other states for real estate agent salary? ▼
The highest paying state for real estate agents is Hawaii at $88,451. Tennessee's median of $46,307 ranks #41 nationally. Nearby-ranked states include Iowa ($46,307) and South Carolina ($46,307).
What is the entry-level real estate agent salary in Tennessee? ▼
An entry-level real estate agent in Tennessee earns approximately $26,700 per year. With 3-7 years of experience, pay increases to around $48,950. Senior-level professionals with 8+ years earn up to $97,900.
What city in Tennessee pays real estate agents the most? ▼
Nashville is the highest paying city in Tennessee for real estate agents, with a median salary of $52,030. Other cities include Memphis and Knoxville.