Real Estate Broker salary in Iowa
Real Estate Brokers in Iowa earn a median of $50,140 a year ($24.11 an hour), based on BLS data for this job.
Pay ranges from $19,880 for the lowest-paid 10% to $152,170 for the top 10%. That is 32% lower than the national median of $73,220. Iowa ranks 34th of 36 states for real estate brokers pay. The average (mean) salary is $65,160, above the median because a few high earners pull it up.
Pay range for real estate brokers in Iowa
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $19,880 | $9.56 |
| 25th percentile | $30,930 | $14.87 |
| Median | $50,140 | $24.11 |
| 75th percentile | $81,320 | $39.10 |
| 90th percentile (top earners) | $152,170 | $73.16 |
| Average (mean) | $65,160 | $31.33 |
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 | $4,178.33 |
| Semi-monthly (24 a year) | $2,089.17 |
| Biweekly (26 a year) | $1,928.46 |
| Weekly | $964.23 |
| Hourly | $24.11 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Real Estate Broker salary in cities in Iowa
| Metro area | Median salary | Workers |
|---|---|---|
| Ames, IA | $41,440 | n/a |
| Davenport-Moline-Rock Island, IA-IL | $41,220 | 60 |
Highest-paying states for real estate brokers
| State | Median salary |
|---|---|
| New Jersey | $111,390 |
| Connecticut | $105,800 |
| Utah | $92,830 |
| Washington | $82,790 |
| Alabama | $82,630 |
| Michigan | $82,510 |
| Maryland | $81,550 |
| California | $80,450 |
| New Mexico | $80,340 |
| Colorado | $79,970 |
Related jobs in Iowa
| Job | Median salary | Hourly |
|---|---|---|
| Telemarketer | $33,640 | $16.17 |
| Sales and Related Workers, All Other | $35,250 | $16.95 |
| Sales Engineer | $83,450 | $40.12 |
| Demonstrators and Product Promoters | $37,050 | $17.81 |
| Cashier | $28,970 | $13.93 |
| Retail Salesperson | $31,360 | $15.08 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $66,760 | $32.09 |
| First-Line Supervisors of Retail Sales Workers | $46,610 | $22.41 |
| Insurance Sales Agent | $60,140 | $28.92 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $62,420 | $30.01 |
| Parts Salesperson | $46,670 | $22.44 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $103,380 | $49.70 |
| First-Line Supervisors of Non-Retail Sales Workers | $89,640 | $43.09 |
| Securities, Commodities, and Financial Services Sales Agents | $64,290 | $30.91 |
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 Iowa?
The median salary for real estate brokers in Iowa is $50,140 a year, or $24.11 an hour. Pay ranges from $19,880 for the lowest-paid 10% to $152,170 for the top 10%.
How much do the highest-paid real estate brokers make in Iowa?
The top 10% of real estate brokers in Iowa earn at least $152,170 a year. The top 25% earn $81,320 or more.
What is the starting pay for real estate brokers in Iowa?
Entry-level pay (the 10th percentile) is about $19,880 a year, and a quarter of real estate brokers earn $30,930 or less.