Real Estate Broker salary in the U.S.
Real Estate Brokers in the U.S. earn a median of $73,220 a year ($35.20 an hour), based on BLS data for 46,100 workers.
Pay ranges from $37,110 for the lowest-paid 10% to $143,300 for the top 10%. The average (mean) salary is $83,950, above the median because a few high earners pull it up.
Pay range for real estate brokers in the U.S.
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,110 | $17.84 |
| 25th percentile | $46,480 | $22.35 |
| Median | $73,220 | $35.20 |
| 75th percentile | $103,360 | $49.69 |
| 90th percentile (top earners) | $143,300 | $68.89 |
| Average (mean) | $83,950 | $40.36 |
Half of real estate brokers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,101.67 |
| Semi-monthly (24 a year) | $3,050.83 |
| Biweekly (26 a year) | $2,816.15 |
| Weekly | $1,408.08 |
| Hourly | $35.20 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Real Estate Broker salary by state
| State | Median salary | Workers |
|---|---|---|
| New Jersey | $111,390 | 1,290 |
| Connecticut | $105,800 | n/a |
| Utah | $92,830 | n/a |
| Washington | $82,790 | n/a |
| Alabama | $82,630 | 460 |
| Michigan | $82,510 | 1,150 |
| Maryland | $81,550 | 430 |
| California | $80,450 | 8,430 |
| New Mexico | $80,340 | n/a |
| Colorado | $79,970 | 3,280 |
| Virginia | $77,270 | 1,500 |
| Vermont | $76,920 | 80 |
| Indiana | $75,000 | 740 |
| Hawaii | $74,310 | 160 |
| Arizona | $74,260 | 3,790 |
| Arkansas | $73,800 | 120 |
| North Dakota | $73,300 | 80 |
| Kansas | $69,990 | 290 |
| Delaware | $68,690 | 100 |
| Florida | $66,010 | 3,640 |
| Alaska | $65,820 | 100 |
| Ohio | $64,510 | n/a |
| Texas | $63,390 | 2,040 |
| Montana | $63,240 | 400 |
| Oregon | $63,070 | 1,670 |
| Illinois | $62,540 | 990 |
| Missouri | $62,280 | 1,980 |
| Tennessee | $60,150 | 540 |
| West Virginia | $58,960 | 140 |
| Idaho | $57,660 | 380 |
| Maine | $55,280 | n/a |
| North Carolina | $52,830 | 1,560 |
| New Hampshire | $51,490 | 120 |
| Iowa | $50,140 | n/a |
| Mississippi | $41,690 | 60 |
| Minnesota | $39,850 | n/a |
Best-paying metro areas for real estate brokers
| Metro area | Median salary | Workers |
|---|---|---|
| Milwaukee-Waukesha, WI | $168,320 | 160 |
| Durham-Chapel Hill, NC | $124,210 | n/a |
| Boise City, ID | $104,780 | n/a |
| Myrtle Beach-Conway-North Myrtle Beach, SC | $103,070 | n/a |
| Fort Collins-Loveland, CO | $99,020 | n/a |
| San Antonio-New Braunfels, TX | $98,950 | n/a |
| Charlotte-Concord-Gastonia, NC-SC | $95,320 | 150 |
| Orlando-Kissimmee-Sanford, FL | $94,990 | n/a |
| Provo-Orem-Lehi, UT | $92,830 | n/a |
| Los Angeles-Long Beach-Anaheim, CA | $91,770 | n/a |
| Bakersfield-Delano, CA | $89,150 | 50 |
| Medford, OR | $88,760 | n/a |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $87,670 | n/a |
| Dayton-Kettering-Beavercreek, OH | $86,290 | n/a |
| Detroit-Warren-Dearborn, MI | $85,600 | 690 |
Metro areas with the most real estate brokers
| Metro area | Workers | Median salary |
|---|---|---|
| Miami-Fort Lauderdale-West Palm Beach, FL | 970 | $71,460 |
| Portland-Vancouver-Hillsboro, OR-WA | 960 | $63,070 |
| Chicago-Naperville-Elgin, IL-IN | 800 | $67,320 |
| Riverside-San Bernardino-Ontario, CA | 760 | $58,760 |
| Kansas City, MO-KS | 750 | $70,770 |
| Detroit-Warren-Dearborn, MI | 690 | $85,600 |
| St. Louis, MO-IL | 650 | $63,210 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | 390 | $70,800 |
| Bend, OR | 240 | $74,950 |
| El Paso, TX | 200 | $54,220 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 170 | $62,350 |
| Milwaukee-Waukesha, WI | 160 | $168,320 |
| Baltimore-Columbia-Towson, MD | 150 | $81,550 |
| Charlotte-Concord-Gastonia, NC-SC | 150 | $95,320 |
| Urban Honolulu, HI | 110 | $72,590 |
Related jobs in the U.S.
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $52,830 | $25.40 |
| Sales and Related Workers, All Other | $48,280 | $23.21 |
| Demonstrators and Product Promoters | $39,320 | $18.91 |
| Telemarketer | $35,450 | $17.04 |
| Sales Engineer | $124,900 | $60.05 |
| Model | $48,470 | $23.30 |
| Door-to-Door Sales Workers, News and Street Vendors, and Related Workers | $41,380 | $19.89 |
| Retail Salesperson | $35,410 | $17.03 |
| Cashier | $32,880 | $15.81 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $69,990 | $33.65 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $72,080 | $34.65 |
| First-Line Supervisors of Retail Sales Workers | $48,520 | $23.33 |
| Securities, Commodities, and Financial Services Sales Agents | $78,660 | $37.82 |
| Insurance Sales Agent | $62,280 | $29.94 |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-9021. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a real estate broker make in the U.S.?
The median salary for real estate brokers in the U.S. is $73,220 a year, or $35.20 an hour. Pay ranges from $37,110 for the lowest-paid 10% to $143,300 for the top 10%.
How much do the highest-paid real estate brokers make in the U.S.?
The top 10% of real estate brokers in the U.S. earn at least $143,300 a year. The top 25% earn $103,360 or more.
What is the starting pay for real estate brokers in the U.S.?
Entry-level pay (the 10th percentile) is about $37,110 a year, and a quarter of real estate brokers earn $46,480 or less.
How many real estate brokers work in the U.S.?
About 46,100 real estate brokers are employed in the U.S., not counting the self-employed.