Real Estate Brokers Salary in the United States
The median annual wage for real estate brokers in the U.S. is $73,220 ($35.20 per hour), according to the BLS Occupational Employment and Wage Statistics program, May 2025 estimates.
- Median annual wage
- $73,220
- Mean annual wage
- $83,950
- Median hourly wage
- $35.20
- Employment
- 46,100
46,100 employed
Wage percentiles
| Percentile | Annual wage | Hourly wage |
|---|---|---|
| 10th percentile | $37,110 | $17.84 |
| 25th percentile | $46,480 | $22.35 |
| Median (50th) | $73,220 | $35.20 |
| 75th percentile | $103,360 | $49.69 |
| 90th percentile | $143,300 | $68.89 |
Highest-paying states for real estate brokers
| State | Median annual wage | Employment |
|---|---|---|
| New Jersey | $111,390 | 1,290 |
| Connecticut | $105,800 | — |
| Utah | $92,830 | — |
| Washington | $82,790 | — |
| Alabama | $82,630 | 460 |
| Michigan | $82,510 | 1,150 |
| Maryland | $81,550 | 430 |
| California | $80,450 | 8,430 |
| New Mexico | $80,340 | — |
| Colorado | $79,970 | 3,280 |
Lowest-paying states
- Minnesota: $39,850 median annual wage
- Mississippi: $41,690 median annual wage
- Iowa: $50,140 median annual wage
- New Hampshire: $51,490 median annual wage
- North Carolina: $52,830 median annual wage
About this occupation
Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
Typical tasks
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Arrange for financing of property purchases.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Appraise property values, assessing income potential when relevant.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of a property's area.
- Arrange for title searches of properties being sold.
Education of the current workforce — typical entry: High school diploma or equivalent
| Education level | Share of workers |
|---|---|
| Less than high school diploma | 1.3% |
| High school diploma or equivalent | 12.5% |
| Some college, no degree | 23.8% |
| Associate's degree | 10.3% |
| Bachelor's degree | 39.7% |
| Master's degree | 10.3% |
| Doctoral or professional degree | 2.1% |
Occupation profile data from CareerOneStop, sponsored by the U.S. Department of Labor.
Related occupations
- Retail Salespersons$35,410
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- First-Line Supervisors of Retail Sales Workers$48,520
- Securities, Commodities, and Financial Services Sales Agents$78,660
- Insurance Sales Agents$62,280
- Counter and Rental Clerks$41,300
About this data
- Occupational Employment and Wage Statistics — data period May 2025, retrieved August 13, 2026.
- Occupational Employment and Wage Statistics — data period May 2025, retrieved August 13, 2026.
- CareerOneStop Occupation Profiles — data period 2026-08, retrieved August 14, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.