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How Much Does a Real Estate Broker Make?
A real estate broker in the US earns a median salary of $73,220 a year, or $35.20 an hour (BLS, May 2025). The average is $83,950, and the middle half earn between $46,480 and $103,360.
Real estate broker pay range
What real estate brokers earn at each point of the pay scale. The 10th percentile is a rough guide to starting pay.
| Percentile | A year | An hour | |
|---|---|---|---|
| 10th (lowest 10%) | $37,110 | $17.84 | |
| 25th | $46,480 | $22.35 | |
| Median (50th) | $73,220 | $35.20 | |
| 75th | $103,360 | $49.69 | |
| 90th (top 10%) | $143,300 | $68.89 |
The median is 44% more than the $50,980 median for all US jobs. About 46,100 people work as real estate brokers in the US.
After tax and by period
- A week
- $1,408
- Every two weeks
- $2,816
- Twice a month
- $3,051
- A month
- $6,102
At the median salary, before tax.
Real estate broker salary by state
Sorted by average pay. New Jersey pays real estate brokers the most, at $105,630 a year on average.
| State | Average | Median | Jobs | After tax |
|---|---|---|---|---|
| New Jersey | $105,630 | $111,390 | 1,290 | After tax |
| Connecticut | $101,590 | $105,800 | – | After tax |
| Virginia | $97,560 | $77,270 | 1,500 | After tax |
| Maryland | $97,390 | $81,550 | 430 | After tax |
| Utah | $96,480 | $92,830 | – | After tax |
| New Mexico | $96,320 | $80,340 | – | After tax |
| Indiana | $92,470 | $75,000 | 740 | After tax |
| Colorado | $91,510 | $79,970 | 3,280 | After tax |
| Washington | $89,720 | $82,790 | – | After tax |
| California | $89,020 | $80,450 | 8,430 | After tax |
| Florida | $88,370 | $66,010 | 3,640 | After tax |
| Michigan | $86,600 | $82,510 | 1,150 | After tax |
| Maine | $83,420 | $55,280 | – | After tax |
| Vermont | $82,620 | $76,920 | 80 | After tax |
| West Virginia | $81,270 | $58,960 | 140 | After tax |
| Ohio | $80,070 | $64,510 | – | After tax |
| Hawaii | $79,180 | $74,310 | 160 | After tax |
| Alaska | $79,120 | $65,820 | 100 | After tax |
| Illinois | $78,710 | $62,540 | 990 | After tax |
| North Dakota | $78,430 | $73,300 | 80 | After tax |
| Alabama | $76,830 | $82,630 | 460 | After tax |
| Arizona | $76,350 | $74,260 | 3,790 | After tax |
| Delaware | $76,120 | $68,690 | 100 | After tax |
| Arkansas | $75,700 | $73,800 | 120 | After tax |
| Idaho | $74,530 | $57,660 | 380 | After tax |
| New Hampshire | $73,780 | $51,490 | 120 | After tax |
| Minnesota | $69,350 | $39,850 | – | After tax |
| Oregon | $69,140 | $63,070 | 1,670 | After tax |
| Kansas | $68,840 | $69,990 | 290 | After tax |
| Texas | $68,410 | $63,390 | 2,040 | After tax |
| Missouri | $68,080 | $62,280 | 1,980 | After tax |
| Montana | $67,900 | $63,240 | 400 | After tax |
| North Carolina | $67,600 | $52,830 | 1,560 | After tax |
| Iowa | $65,160 | $50,140 | – | After tax |
| Tennessee | $62,910 | $60,150 | 540 | After tax |
| Mississippi | $54,620 | $41,690 | 60 | After tax |
A dash means BLS did not publish that figure for the state.
Other sales jobs
- Retail salesperson $35,410 median
- Cashier $32,880 median
- Sales representative of services $69,990 median
- Sales representative, wholesale and manufacturing $72,080 median
- First-line supervisor of retail sales workers $48,520 median
- Security, commodity, and financial services sales agent $78,660 median
- Insurance sales agent $62,280 median
- Counter and rental clerk $41,300 median
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (published 2026), for “Real Estate Brokers” (SOC 41-9021). Wages are before tax and leave out self-employed workers. All job salaries
About the Job Salaries
Job Salaries shows what more than 500 US jobs pay, from nurses and electricians to software developers and truck drivers. Each job has its median and average salary, hourly and monthly pay, the pay range from the lowest-paid 10% to the top 10%, and a table of pay in every state. The figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the largest survey of US pay, in its latest release.
How to use it
- 1 Search for a job or pick one from the list.
- 2 Read the median salary, hourly pay and the pay range.
- 3 Check the salary by state to see where the job pays most.
- 4 Open the take-home pay calculator to see the salary after tax.
Frequently asked questions
How much does a real estate broker make an hour?
The median hourly wage for a real estate broker is $35.20, and the average is $40.36. The lowest-paid 10% earn under $17.84 an hour and the top 10% over $68.89.
How much does a real estate broker make a month?
At the median salary of $73,220, a real estate broker earns about $6,102 a month before tax, or $2,816 every two weeks.
Which state pays real estate brokers the most?
New Jersey has the highest average pay for a real estate broker, at $105,630 a year. Next are Connecticut and Virginia. Pay is usually higher where living costs are higher, so compare take-home pay too.
What is the starting salary for a real estate broker?
The lowest-paid 10% of real estate brokers earn less than $37,110 a year, and the lowest 25% less than $46,480. That is a fair guide to starting pay, which depends on the state, the employer and your experience.
How much do the highest-paid real estate brokers make?
The top 10% earn more than $143,300 a year, and the top 25% more than $103,360.
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