Average Salary for Real Estate Brokers
SOC 41-9021 · Sales and Related Occupations · 2024 data
The median annual wage for Real Estate Brokers in the United States is $72,280 ($34.75/hr), based on 2024 BLS OEWS data. Wages range from $36,920 at the 10th percentile to $166,730 at the 90th percentile nationally. An estimated 49,590 people work in this occupation across the country. The national median wage has grown 26% since 2014.
Median Annual
$72,280
Mean Annual
$91,660
10th Pct
$36,920
75th Pct
$114,220
Employment
49,590
Salary Distribution
$37k
10th
$48k
25th
$72k
Median
$114k
75th
$167k
90th
Highest Paying Metro Areas
| Metro Area | Median Annual |
|---|---|
| Des Moines-West Des Moines, IA | $157,100 |
| Springfield, MA | $123,090 |
| Boston-Cambridge-Newton, MA-NH | $108,910 |
| Vallejo, CA | $106,680 |
| Boise City, ID | $106,420 |
| Reno, NV | $105,220 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | $99,990 |
| New York-Newark-Jersey City, NY-NJ | $97,500 |
| Charlotte-Concord-Gastonia, NC-SC | $96,330 |
| Durham-Chapel Hill, NC | $92,310 |
| San Francisco-Oakland-Fremont, CA | $90,850 |
| Valdosta, GA | $89,990 |
| Atlantic City-Hammonton, NJ | $89,990 |
| Lubbock, TX | $89,110 |
| Milwaukee-Waukesha, WI | $89,070 |
Salary by State
| State | Median Annual |
|---|---|
| Iowa | $116,920 |
| Massachusetts | $112,180 |
| New York | $94,170 |
| New Jersey | $92,890 |
| Connecticut | $90,910 |
| Nevada | $86,730 |
| Maryland | $82,500 |
| Vermont | $82,270 |
| California | $82,050 |
| Washington | $81,450 |
| Utah | $81,230 |
| Colorado | $79,400 |
| New Mexico | $77,940 |
| Indiana | $76,330 |
| Pennsylvania | $74,990 |
| Oregon | $70,860 |
| North Dakota | $70,820 |
| Delaware | $68,320 |
| Texas | $66,700 |
| Tennessee | $66,670 |
| Minnesota | $66,310 |
| Kentucky | $64,210 |
| Arkansas | $63,890 |
| Wisconsin | $63,690 |
| Florida | $63,440 |
| North Carolina | $62,660 |
| Alabama | $62,000 |
| Alaska | $59,860 |
| Montana | $59,310 |
| Missouri | $58,690 |
| Michigan | $58,640 |
| Virginia | $55,660 |
| Illinois | $55,290 |
| Arizona | $54,460 |
| South Carolina | $54,300 |
| Maine | $53,340 |
| Nebraska | $47,170 |
| Hawaii | $47,050 |
| Ohio | $45,850 |
| Mississippi | $43,670 |
| West Virginia | $43,600 |
| Kansas | $40,930 |
Salary by Industry
National median wage for Real Estate Brokers broken down by industry sector, 2024 data.
| Industry | Median Annual |
|---|---|
| Funds, Trusts, and Other Financial Vehicles | $102,650 |
| Other Investment Pools and Funds | $102,650 |
| Insurance Agencies and Brokerages | $100,010 |
| Heavy and Civil Engineering Construction | $95,700 |
| Business, Professional, Labor, Political, and Similar Organizations | $94,420 |
| Other Services (except Public Administration) | $92,240 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | $92,240 |
| Other Professional, Scientific, and Technical Services | $90,000 |
| Land Subdivision | $86,380 |
| Insurance Carriers | $81,230 |
| Direct Insurance (except Life, Health, and Medical) Carriers | $81,230 |
| Management of Companies and Enterprises | $79,280 |
| Management of Companies and Enterprises | $79,280 |
| Management of Companies and Enterprises | $79,280 |
| Other Nondepository Credit Intermediation | $78,950 |
| Nondepository Credit Intermediation | $78,950 |
| Employment Services | $78,900 |
| Temporary Help Services | $78,900 |
| Credit Intermediation and Related Activities | $76,600 |
| Finance and Insurance | $76,600 |
| Credit Intermediation and Related Activities (5221 and 5223 only) | $76,600 |
| Social Assistance | $75,540 |
| Health Care and Social Assistance | $73,320 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $72,630 |
| Local Government, including Schools and Hospitals (OEWS Designation) | $72,630 |
| Cross-industry, Private Ownership only | $72,450 |
| Real Estate and Rental and Leasing | $71,990 |
| Real Estate | $71,990 |
| Management, Scientific, and Technical Consulting Services | $71,860 |
| Administrative and Support and Waste Management and Remediation Services | $64,480 |
| Administrative and Support Services | $64,480 |
| Construction | $64,130 |
| Residential Building Construction | $63,090 |
| Construction of Buildings | $63,090 |
| Professional, Scientific, and Technical Services | $62,940 |
| Professional, Scientific, and Technical Services | $62,940 |
| Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly | $61,680 |
| Nursing and Residential Care Facilities | $61,680 |
| Legal Services | $47,840 |
| Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | $45,760 |
| Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | $45,760 |
National Wage Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $72,280 |
| 2023 | $63,060 |
| 2022 | $62,190 |
| 2021 | $62,010 |
| 2020 | $60,370 |
| 2019 | $59,720 |
| 2018 | $58,210 |
| 2017 | $56,730 |
| 2016 | $56,790 |
| 2015 | $56,860 |
| 2014 | $57,360 |