Real Estate Brokers salary
Sales & service · OCC code 41-9021 · gross annual wage · BLS OEWS May 2024
Real Estate Brokers in the US earn a median of $72,280 per year (mean $91,660) as of the BLS OEWS May 2024 survey — that is +46.0% versus the $49,500 median for all US jobs, above the US median wage for all jobs. The middle half earn between $48,200 and $114,220; the top 10% earn $166,730 or more. The median hourly wage is $34.75. About 49,590 are employed nationally. The highest-paying state is Iowa ($116,920). Wages are gross (pre-tax) and vary by employer, experience and location.
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
Real Estate Brokers pay range (national percentiles)
What real estate brokers earn across the pay distribution, nationally (BLS OEWS, May 2024):
| Pay level | Annual wage |
|---|---|
| 10th percentile (lowest-paid 10%) | $36,920 |
| 25th percentile | $48,200 |
| Median (50th percentile) | $72,280 |
| Mean (average) | $91,660 |
| 75th percentile | $114,220 |
| 90th percentile (highest-paid 10%) | $166,730 |
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
A dash (—) means BLS did not release that figure; a plus (+) means the wage is at or above the BLS top code of $239,200/yr. See what wage percentiles mean or check where your salary ranks.
Real Estate Brokers salary by state
Median and mean wage for real estate brokers in each of the 42 states with published data, highest median first. The national median is $72,280.
| # | State | Median | Mean | Employment |
|---|---|---|---|---|
| 1 | Iowa | $116,920 | $104,930 | 740 |
| 2 | Massachusetts | $112,180 | $128,340 | — |
| 3 | New York | $94,170 | $114,250 | — |
| 4 | New Jersey | $92,890 | $108,150 | — |
| 5 | Connecticut | $90,910 | $107,470 | — |
| 6 | Nevada | $86,730 | $94,320 | 310 |
| 7 | Maryland | $82,500 | $94,660 | — |
| 8 | Vermont | $82,270 | $97,060 | — |
| 9 | California | $82,050 | $112,940 | 7,250 |
| 10 | Washington | $81,450 | $95,400 | 110 |
| 11 | Utah | $81,230 | $88,310 | 400 |
| 12 | Colorado | $79,400 | $108,390 | — |
| 13 | New Mexico | $77,940 | $95,750 | 290 |
| 14 | Indiana | $76,330 | $96,990 | 840 |
| 15 | Pennsylvania | $74,990 | $103,520 | 1,100 |
| 16 | Oregon | $70,860 | $76,680 | 1,620 |
| 17 | North Dakota | $70,820 | $94,060 | — |
| 18 | Delaware | $68,320 | $73,900 | — |
| 19 | Texas | $66,700 | $75,750 | 3,370 |
| 20 | Tennessee | $66,670 | $81,860 | 550 |
| 21 | Minnesota | $66,310 | $72,670 | 1,090 |
| 22 | Kentucky | $64,210 | $58,770 | 150 |
| 23 | Arkansas | $63,890 | $83,910 | — |
| 24 | Wisconsin | $63,690 | $100,780 | 710 |
| 25 | Florida | $63,440 | $86,220 | — |
| 26 | North Carolina | $62,660 | $81,530 | 1,330 |
| 27 | Alabama | $62,000 | $76,640 | 450 |
| 28 | Alaska | $59,860 | $68,020 | 220 |
| 29 | Montana | $59,310 | $60,590 | 310 |
| 30 | Missouri | $58,690 | $63,180 | 1,580 |
| 31 | Michigan | $58,640 | $82,620 | 660 |
| 32 | Virginia | $55,660 | $68,980 | 1,580 |
| 33 | Illinois | $55,290 | $75,150 | 1,620 |
| 34 | Arizona | $54,460 | $75,400 | — |
| 35 | South Carolina | $54,300 | $88,830 | 1,490 |
| 36 | Maine | $53,340 | $72,110 | — |
| 37 | Nebraska | $47,170 | $71,310 | 350 |
| 38 | Hawaii | $47,050 | $64,950 | — |
| 39 | Ohio | $45,850 | $66,000 | 400 |
| 40 | Mississippi | $43,670 | $48,970 | 70 |
| 41 | West Virginia | $43,600 | $60,580 | 140 |
| 42 | Kansas | $40,930 | $45,300 | 460 |
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. Data as of OEWS May 2024 (BLS), retrieved June 2026.
Highest median: Iowa ($116,920). Lowest: Kansas ($40,930).
Similar-paying jobs
| Occupation | Median wage | Mean wage | vs US median |
|---|---|---|---|
| Real Estate Brokers (this job) | $72,280 | $91,660 | +46.0% |
| Writers and Authors | $72,270 | $85,780 | +46.0% |
| Human Resources Specialists | $72,910 | $79,730 | +47.3% |
| Film and Video Editors | $70,980 | $83,530 | +43.4% |
| Loan Officers | $74,180 | $86,020 | +49.9% |
| Executive Secretaries and Executive Administrative Assistants | $74,260 | $77,060 | +50.0% |
Writers and Authors · Human Resources Specialists · Film and Video Editors · Loan Officers · Executive Secretaries and Executive Administrative Assistants
Frequently asked questions
How much do real estate brokers make?
Real Estate Brokers earn a national median of $72,280 per year (mean $91,660) as of the BLS OEWS May 2024 survey. The middle half earn between $48,200 (25th percentile) and $114,220 (75th percentile); the top 10% earn $166,730 or more and the bottom 10% earn under $36,920. These are gross, pre-tax wages.
What is the hourly wage for real estate brokers?
The median hourly wage is $34.75 and the mean is $44.07 (BLS OEWS, May 2024). BLS reports some occupations only as annual wages, in which case hourly figures are shown as a dash.
Which state pays real estate brokers the most?
Iowa has the highest median wage for real estate brokers at $116,920, versus a national median of $72,280. State pay reflects local cost of living, demand and industry mix. See the full state table on this page.
How many real estate brokers are there in the US?
BLS estimates about 49,590 real estate brokers are employed in the US (OEWS, May 2024). Among the 124 occupations tracked here, this job ranks #63 of 124 by median pay.
Keep exploring
Sources & accuracy
Wages: BLS Occupational Employment and Wage Statistics (OEWS), May 2024 (OCC 41-9021), gross annual wages, U.S. public domain, retrieved June 2026. OEWS figures are survey estimates and reflect pay before tax. Your actual pay depends on employer, experience, certifications, industry and location. This is information, not financial or career advice — see our methodology and disclaimer.
Last updated: 2026-06-20