Real Estate Broker salary in Mississippi
Real Estate Brokers in Mississippi earn a median of $41,690 a year ($20.05 an hour), based on BLS data for 60 workers.
Pay ranges from $30,470 for the lowest-paid 10% to $100,910 for the top 10%. That is 43% lower than the national median of $73,220. Mississippi ranks 35th of 36 states for real estate brokers pay. There are 0.06 real estate brokers per 1,000 jobs here — the job is less common than nationally (location quotient 0.19). The average (mean) salary is $54,620, above the median because a few high earners pull it up.
Pay range for real estate brokers in Mississippi
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $30,470 | $14.65 |
| 25th percentile | $33,340 | $16.03 |
| Median | $41,690 | $20.05 |
| 75th percentile | $86,640 | $41.65 |
| 90th percentile (top earners) | $100,910 | $48.52 |
| Average (mean) | $54,620 | $26.26 |
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 | $3,474.17 |
| Semi-monthly (24 a year) | $1,737.08 |
| Biweekly (26 a year) | $1,603.46 |
| Weekly | $801.73 |
| Hourly | $20.05 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $41,690 salary, see how much house you can afford in Mississippi at today's mortgage rates, or work out a payment with the mortgage calculator.
Real Estate Broker salary in cities in Mississippi
| Metro area | Median salary | Workers |
|---|---|---|
| Memphis, TN-MS-AR | $52,570 | 80 |
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 Mississippi
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $39,550 | $19.02 |
| Telemarketer | $21,540 | $10.35 |
| Demonstrators and Product Promoters | $28,470 | $13.69 |
| Sales and Related Workers, All Other | $32,700 | $15.72 |
| Retail Salesperson | $28,640 | $13.77 |
| Cashier | $26,390 | $12.69 |
| First-Line Supervisors of Retail Sales Workers | $45,760 | $22.00 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $59,320 | $28.52 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $48,440 | $23.29 |
| Insurance Sales Agent | $47,930 | $23.04 |
| Parts Salesperson | $35,000 | $16.83 |
| Counter and Rental Clerks | $36,160 | $17.39 |
| Securities, Commodities, and Financial Services Sales Agents | $46,680 | $22.44 |
| First-Line Supervisors of Non-Retail Sales Workers | $68,180 | $32.78 |
More: Sales and Related Occupations · all salaries in Mississippi
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 Mississippi?
The median salary for real estate brokers in Mississippi is $41,690 a year, or $20.05 an hour. Pay ranges from $30,470 for the lowest-paid 10% to $100,910 for the top 10%.
How much do the highest-paid real estate brokers make in Mississippi?
The top 10% of real estate brokers in Mississippi earn at least $100,910 a year. The top 25% earn $86,640 or more.
What is the starting pay for real estate brokers in Mississippi?
Entry-level pay (the 10th percentile) is about $30,470 a year, and a quarter of real estate brokers earn $33,340 or less.
How many real estate brokers work in Mississippi?
About 60 real estate brokers are employed in Mississippi, not counting the self-employed.