Real Estate Brokers Salary in Michigan
SOC 41-9021 · State · 2024 BLS OEWS
The median salary for a Real Estate Brokers in Michigan is $58,640 per year as of 2024. That works out to roughly $28.19 per hour. This is 19% below the national median of $72,280. 660 people work as Real Estate Brokers in Michigan. Wages have grown 26% since 2014, when the median was $46,620.
Median Annual Salary
$58,640
Mean Annual
$82,620
Median Hourly
$28.19
Total Employed
660
Location Quotient
0.47
Less common here
Salary Distribution
$31k
10th
$45k
25th
$59k
Median
$85k
75th
$199k
90th
How This Compares
Michigan
$58,640
this metro
United States
$72,280
you earn -19% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $58,640 |
| 2023 | $57,040 |
| 2022 | $57,470 |
| 2021 | $48,360 |
| 2020 | $91,210 |
| 2019 | $79,730 |
| 2018 | $73,100 |
| 2017 | $55,510 |
| 2016 | $70,710 |
| 2015 | $57,450 |
| 2014 | $46,620 |
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