41 Series · SOC 41-9021
Real Estate Brokers Salary
National pay, percentile range, growth outlook, and state-by-state detail from the U.S. Bureau of Labor Statistics OEWS survey (May 2025).
- $73,220
- Median / year
- $143,300
- Top 10% earn
- +3.3%
- Growth '23–'33
- 46,100
- US workers
Real Estate Brokers earn a median of $73,220 per year.
According to the U.S. Bureau of Labor Statistics OEWS survey, the median annual wage is $73,220, based on the most recent survey of employers. Reported pay ranges from $37,110 (10th percentile) to $143,300 (90th percentile) nationally, across roughly 46,100 US workers. New Jersey pays the most ($111,390), since pay varies by state and metro area.
The pay verdict
Real Estate Brokers earn a median of $73,220, putting them above the typical US occupation and higher than 64% of the 825 occupations with a published BLS median. Within Sales and Related, it ranks #5 of 22 by median pay. Employment is projected to grow 3.3% by 2033.
- $73,220
- Median annual wage
- Top 36%
- of 825 US occupations with published wages
- #5 of 22
- in Sales and Related
- 3.9×
- 90th-to-10th pay spread
Highest-paying state: New Jersey at $111,390. Typical entry-level education: High school diploma or equivalent.
Real Estate Brokers (SOC 41-9021) pays a national median of $73,220 per year according to the BLS Occupational Employment and Wage Statistics survey released in May 2025. Full-range compensation stretches from $37,110 at the 10th percentile to $143,300 at the 90th, with a mean of $83,950 indicating a right-skew where top earners pull the average above the midpoint. An estimated 46,100 Americans work in this occupation across 36 reporting states and 102 metro areas.
BLS Employment Projections forecast a +3.3% change in employment from 2024 to 2034, which the agency classifies as slower than average relative to the 5% all-occupations baseline. About 9,700 openings are projected per year, combining new positions with replacement needs from retirements and occupation-switchers. Typical entry-level preparation is High school diploma or equivalent, with less than 5 years of prior experience generally required. The BLS Census of Fatal Occupational Injuries (CFOI) and Survey of Occupational Injuries and Illnesses (SOII) produce a workplace-safety grade of A for this role, with a fatality rate of 1.8 per 100,000 and injury rate of 1.5 per 100.
Geographic variation matters as much as the headline median. New Jersey pays the highest state median at $111,390, which is +52% above the national figure. The top metro is Milwaukee-Waukesha, WI at $168,320 - metro premiums typically reflect higher cost of living, industry concentration, or specialized employer demand. When using this page for negotiation or career planning, pair the national median with the state and metro rows below, remember that BLS wages exclude benefits, bonuses, and overtime, and revisit after each May OEWS release since percentiles shift with cost-of-living cycles and industry demand. See our methodology for exactly how these figures are sourced, computed, and verified.
Median Salary
$73,220
per year
Median Hourly
$35.20/hr
per hour
Mean Salary
$83,950
average
Employment
46,100
jobs nationwide
How does this pay compare nationally?
Where Real Estate Brokers pay sits nationally
Median annual wage vs. 825 detailed BLS occupations with a published median
$73,220 Top 36% higher than 64% of 825 US occupations
Each bar is a $20K-wide band; taller bars hold more US occupations. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Labor Statistics, OEWS · May 2025
Does this job pay well and grow?
Each dot is a 41-series occupation, placed by projected 2024–2034 growth and median pay. The highlighted dot is Real Estate Brokers; the upper-right quadrant is the sweet spot (high pay + fast growth).
Among 21 41-series occupations with growth data, Real Estate Brokers sits on the slower-growing side at +3.3% growth and $73,220 median pay.
Source: U.S. Bureau of Labor Statistics, OEWS (wages, May 2025) and Employment Projections (2024–2034).
Job Outlook (2024–2034)
Projected Growth
+3.3%
Slower than average
Annual Openings
9,700
per year (projected)
Typical Education
High school diploma or equivalent
Work Experience
Less than 5 years
Source: BLS Employment Projections, 2024–2034
Workplace Safety
All safety ratings →Very Safe
Safety Grade (BLS 2023)
Fatality Rate
1.8/100K
Injury Rate
1.5/100
Danger Index
6.9/100
Source: BLS Census of Fatal Occupational Injuries (CFOI) & Survey of Occupational Injuries and Illnesses (SOII), 2023
Career Intelligence
Skills, knowledge, and tasks most important for Real Estate Brokers roles, ranked by importance. Source: O*NET.
Top Skills
Knowledge Areas
Key Tasks
- ▸ Sell, for a fee, real estate owned by others.
- ▸ Obtain agreements from property owners to place properties for sale with real estate firms.
- ▸ Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- ▸ Supervise agents who handle real estate transactions.
- ▸ Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- ▸ Manage or operate real estate offices, handling associated business details.
- ▸ Compare a property with similar properties that have recently sold to determine its competitive market price.
- ▸ Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- ▸ Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- ▸ Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
Source: O*NET Online, National Center for O*NET Development. Data represents typical importance ratings for this occupation.
Salary Range
Annual Salary Distribution
Hourly Rate Distribution
10th Percentile
$37,110
25th Percentile
$46,480
Median
$73,220
75th Percentile
$103,360
90th Percentile
$143,300
Salary by State
Highest Paying States
View all 36 states →
| # | State | Median Salary | vs National |
|---|---|---|---|
| 1 | New Jersey | $111,390 | +52% above national |
| 2 | Connecticut | $105,800 | +44% above national |
| 3 | Utah | $92,830 | +27% above national |
| 4 | Washington | $82,790 | +13% above national |
| 5 | Alabama | $82,630 | +13% above national |
| 6 | Michigan | $82,510 | +13% above national |
| 7 | Maryland | $81,550 | +11% above national |
| 8 | California | $80,450 | +10% above national |
| 9 | New Mexico | $80,340 | +10% above national |
| 10 | Colorado | $79,970 | +9% above national |
| 11 | Virginia | $77,270 | +6% above national |
| 12 | Vermont | $76,920 | +5% above national |
| 13 | Indiana | $75,000 | +2% above national |
| 14 | Hawaii | $74,310 | +1% above national |
| 15 | Arizona | $74,260 | +1% above national |
| 16 | Arkansas | $73,800 | +1% above national |
| 17 | North Dakota | $73,300 | same as national |
| 18 | Kansas | $69,990 | 4% below national |
| 19 | Delaware | $68,690 | 6% below national |
| 20 | Florida | $66,010 | 10% below national |
| 21 | Alaska | $65,820 | 10% below national |
| 22 | Ohio | $64,510 | 12% below national |
| 23 | Texas | $63,390 | 13% below national |
| 24 | Montana | $63,240 | 14% below national |
| 25 | Oregon | $63,070 | 14% below national |
| 26 | Illinois | $62,540 | 15% below national |
| 27 | Missouri | $62,280 | 15% below national |
| 28 | Tennessee | $60,150 | 18% below national |
| 29 | West Virginia | $58,960 | 19% below national |
| 30 | Idaho | $57,660 | 21% below national |
| 31 | Maine | $55,280 | 25% below national |
| 32 | North Carolina | $52,830 | 28% below national |
| 33 | New Hampshire | $51,490 | 30% below national |
| 34 | Iowa | $50,140 | 32% below national |
| 35 | Mississippi | $41,690 | 43% below national |
| 36 | Minnesota | $39,850 | 46% below national |
Salary by Metro Area
Highest Paying Metros
View all 102 metro areas →
| # | Metro Area | Median Salary | vs National |
|---|---|---|---|
| 1 | Milwaukee-Waukesha, WI | $168,320 | +130% above national |
| 2 | Durham-Chapel Hill, NC | $124,210 | +70% above national |
| 3 | Boise City, ID | $104,780 | +43% above national |
| 4 | Wasatch Front Fringe Utah nonmetropolitan area | $103,140 | +41% above national |
| 5 | Myrtle Beach-Conway-North Myrtle Beach, SC | $103,070 | +41% above national |
| 6 | Fort Collins-Loveland, CO | $99,020 | +35% above national |
| 7 | San Antonio-New Braunfels, TX | $98,950 | +35% above national |
| 8 | Charlotte-Concord-Gastonia, NC-SC | $95,320 | +30% above national |
| 9 | Orlando-Kissimmee-Sanford, FL | $94,990 | +30% above national |
| 10 | Provo-Orem-Lehi, UT | $92,830 | +27% above national |
| 11 | Los Angeles-Long Beach-Anaheim, CA | $91,770 | +25% above national |
| 12 | Bakersfield-Delano, CA | $89,150 | +22% above national |
| 13 | Medford, OR | $88,760 | +21% above national |
| 14 | Eastern New Mexico nonmetropolitan area | $87,990 | +20% above national |
| 15 | Washington-Arlington-Alexandria, DC-VA-MD-WV | $87,670 | +20% above national |
| 16 | Dayton-Kettering-Beavercreek, OH | $86,290 | +18% above national |
| 17 | Detroit-Warren-Dearborn, MI | $85,600 | +17% above national |
| 18 | North Valley-Northern Mountains Region of California nonmetropolitan area | $84,910 | +16% above national |
| 19 | Harrisonburg, VA | $84,590 | +16% above national |
| 20 | Eugene-Springfield, OR | $83,860 | +15% above national |
| 21 | Salt Lake City-Murray, UT | $83,690 | +14% above national |
| 22 | Little Rock-North Little Rock-Conway, AR | $83,680 | +14% above national |
| 23 | Seattle-Tacoma-Bellevue, WA | $82,790 | +13% above national |
| 24 | Lansing-East Lansing, MI | $82,490 | +13% above national |
| 25 | Corvallis, OR | $82,280 | +12% above national |
| 26 | Baltimore-Columbia-Towson, MD | $81,550 | +11% above national |
| 27 | San Diego-Chula Vista-Carlsbad, CA | $80,450 | +10% above national |
| 28 | Albuquerque, NM | $80,340 | +10% above national |
| 29 | Anchorage, AK | $79,080 | +8% above national |
| 30 | Northeast Virginia nonmetropolitan area | $78,860 | +8% above national |
| 31 | Raleigh-Cary, NC | $78,840 | +8% above national |
| 32 | Cleveland, OH | $78,330 | +7% above national |
| 33 | Providence-Warwick, RI-MA | $78,050 | +7% above national |
| 34 | Bozeman, MT | $77,350 | +6% above national |
| 35 | Indianapolis-Carmel-Greenwood, IN | $77,200 | +5% above national |
| 36 | Northwest Virginia nonmetropolitan area | $76,840 | +5% above national |
| 37 | Southern Vermont nonmetropolitan area | $76,800 | +5% above national |
| 38 | Columbus, IN | $75,920 | +4% above national |
| 39 | Southwest Maine nonmetropolitan area | $75,640 | +3% above national |
| 40 | Oxnard-Thousand Oaks-Ventura, CA | $75,330 | +3% above national |
| 41 | Richmond, VA | $75,300 | +3% above national |
| 42 | Bend, OR | $74,950 | +2% above national |
| 43 | Phoenix-Mesa-Chandler, AZ | $74,260 | +1% above national |
| 44 | Evansville, IN | $72,980 | same as national |
| 45 | Flagstaff, AZ | $72,800 | 1% below national |
| 46 | Urban Honolulu, HI | $72,590 | 1% below national |
| 47 | Miami-Fort Lauderdale-West Palm Beach, FL | $71,460 | 2% below national |
| 48 | Austin-Round Rock-San Marcos, TX | $71,300 | 3% below national |
| 49 | Virginia Beach-Chesapeake-Norfolk, VA-NC | $70,800 | 3% below national |
| 50 | Kansas City, MO-KS | $70,770 | 3% below national |
| 51 | Ann Arbor, MI | $70,080 | 4% below national |
| 52 | Wichita, KS | $69,990 | 4% below national |
| 53 | Chicago-Naperville-Elgin, IL-IN | $67,320 | 8% below national |
| 54 | Dallas-Fort Worth-Arlington, TX | $67,220 | 8% below national |
| 55 | Madison, WI | $66,680 | 9% below national |
| 56 | Crestview-Fort Walton Beach-Destin, FL | $65,960 | 10% below national |
| 57 | West Montana nonmetropolitan area | $65,950 | 10% below national |
| 58 | Fayetteville-Springdale-Rogers, AR | $65,930 | 10% below national |
| 59 | South Georgia nonmetropolitan area | $65,040 | 11% below national |
| 60 | Port St. Lucie, FL | $64,680 | 12% below national |
| 61 | Houston-Pasadena-The Woodlands, TX | $64,490 | 12% below national |
| 62 | Western Wyoming nonmetropolitan area | $64,330 | 12% below national |
| 63 | Pittsburgh, PA | $64,120 | 12% below national |
| 64 | Portland-South Portland, ME | $63,680 | 13% below national |
| 65 | St. Louis, MO-IL | $63,210 | 14% below national |
| 66 | Portland-Vancouver-Hillsboro, OR-WA | $63,070 | 14% below national |
| 67 | Nashville-Davidson--Murfreesboro--Franklin, TN | $62,350 | 15% below national |
| 68 | Minneapolis-St. Paul-Bloomington, MN-WI | $61,890 | 15% below national |
| 69 | Columbus, OH | $61,880 | 15% below national |
| 70 | Denver-Aurora-Centennial, CO | $61,850 | 16% below national |
| 71 | Pensacola-Ferry Pass-Brent, FL | $59,160 | 19% below national |
| 72 | Riverside-San Bernardino-Ontario, CA | $58,760 | 20% below national |
| 73 | St. Joseph, MO-KS | $58,760 | 20% below national |
| 74 | Grand Rapids-Wyoming-Kentwood, MI | $58,340 | 20% below national |
| 75 | Knoxville, TN | $58,280 | 20% below national |
| 76 | Wilmington, NC | $57,850 | 21% below national |
| 77 | Joplin, MO-KS | $57,020 | 22% below national |
| 78 | Tucson, AZ | $56,050 | 23% below national |
| 79 | Columbia, MO | $55,230 | 25% below national |
| 80 | Greenville-Anderson-Greer, SC | $54,970 | 25% below national |
| 81 | El Paso, TX | $54,220 | 26% below national |
| 82 | Northwest Iowa nonmetropolitan area | $53,050 | 28% below national |
| 83 | Memphis, TN-MS-AR | $52,570 | 28% below national |
| 84 | Jefferson City, MO | $51,830 | 29% below national |
| 85 | Central Missouri nonmetropolitan area | $51,320 | 30% below national |
| 86 | Southeast Missouri nonmetropolitan area | $50,820 | 31% below national |
| 87 | Charleston, WV | $50,310 | 31% below national |
| 88 | Lakeland-Winter Haven, FL | $47,880 | 35% below national |
| 89 | Killeen-Temple, TX | $47,870 | 35% below national |
| 90 | Oklahoma City, OK | $47,690 | 35% below national |
| 91 | Salem, OR | $47,110 | 36% below national |
| 92 | Sebring, FL | $46,280 | 37% below national |
| 93 | Reading, PA | $45,820 | 37% below national |
| 94 | Atlantic City-Hammonton, NJ | $45,590 | 38% below national |
| 95 | South Florida nonmetropolitan area | $45,290 | 38% below national |
| 96 | Kingsport-Bristol, TN-VA | $45,250 | 38% below national |
| 97 | Eastern Oregon nonmetropolitan area | $44,740 | 39% below national |
| 98 | Springfield, MO | $42,260 | 42% below national |
| 99 | Coast Oregon nonmetropolitan area | $41,990 | 43% below national |
| 100 | Ames, IA | $41,440 | 43% below national |
| 101 | Davenport-Moline-Rock Island, IA-IL | $41,220 | 44% below national |
| 102 | Lewiston-Auburn, ME | $40,630 | 45% below national |
Similar Occupations in the Same Category
Other roles in SOC major group 41 (sales) with comparable pay and career paths.
Frequently Asked Questions
How much does a Real Estate Brokers make? ▼
What state pays Real Estate Brokers the most? ▼
What education do you need to become a Real Estate Brokers? ▼
How dangerous is being a Real Estate Brokers? ▼
Is Real Estate Brokers a good career? ▼
How does Real Estate Brokers pay vary by state? ▼
Which metro areas pay the most for Real Estate Brokers? ▼
What to do with this data
How to use Real Estate Brokers pay figures in a real decision
- For an experienced offer, anchor on the 75th percentile (about $103,360/year), not the median. The median marks the middle worker; the upper quartile is the realistic target with strong experience. Salary calculator
- Location moves pay significantly: New Jersey leads at $111,390/year for this role. Weigh state pay against local cost of living before relocating or negotiating remote. Pay by state
- Compare this occupation against similar roles before you decide, so you are reading the pay band in context rather than in isolation. Compare jobs
These are BLS survey estimates for the occupation, not a salary offer or a prediction for any individual. Your pay depends on experience, employer, exact role, and location.
Every figure on WageDex is rendered directly from U.S. Bureau of Labor Statistics wage data, no number is typed in by an editor. This occupation's figures are computed directly from the BLS OEWS and Employment Projections datasets, nothing is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of May 2025.
This page is for informational purposes only and does not constitute financial or career advice. Actual pay for a specific role, employer, or offer may differ from these national/state figures, consult a qualified career counselor, recruiter, or financial advisor before making decisions based on this data.