Real Estate Brokers Salaries by State
Mean and median pay, wage percentiles, employment, and top-paying metro areas for real estate brokerss across the U.S. Source: BLS OEWS May 2025 (data.bls.gov OEWS tool /OESServices/combo/table, all-occupation crawl by area).
National mean salary $83,950 ≈ $40/hr
National median salary $73,220
Total employment 46,100 nationwide
Job Outlook, 2024–2034
Source: BLS Employment Projections 2024-2034.
Projected growth +3.3%
About as fast as average
Annual openings 9,700 per year (avg)
Employment 2024→2034 111,300 → 115,000 (+3,700)
Typical entry education High school diploma or equivalent
Salary Map
Brighter tiles = higher average pay; dashed tiles have no data. Click a state for details.
💰 Top 5 Highest-Paying States
- New Jersey$105,630
- Connecticut$101,590
- Virginia$97,560
- Maryland$97,390
- Utah$96,480
📉 5 Lowest-Paying States
- Mississippi$54,620
- Tennessee$62,910
- Iowa$65,160
- North Carolina$67,600
- Montana$67,900
State Rankings
| # | State | Mean | Median | Hourly | vs. U.S. | Employment |
|---|---|---|---|---|---|---|
| 1 | New Jersey | $105,630 | $111,390 | $51 | +25.8% | 1,290 |
| 2 | Connecticut | $101,590 | $105,800 | $49 | +21% | — |
| 3 | Virginia | $97,560 | $77,270 | $47 | +16.2% | 1,500 |
| 4 | Maryland | $97,390 | $81,550 | $47 | +16% | 430 |
| 5 | Utah | $96,480 | $92,830 | $46 | +14.9% | — |
| 6 | New Mexico | $96,320 | $80,340 | $46 | +14.7% | — |
| 7 | Indiana | $92,470 | $75,000 | $44 | +10.1% | 740 |
| 8 | Colorado | $91,510 | $79,970 | $44 | +9% | 3,280 |
| 9 | Washington | $89,720 | $82,790 | $43 | +6.9% | — |
| 10 | California | $89,020 | $80,450 | $43 | +6% | 8,430 |
| 11 | Florida | $88,370 | $66,010 | $42 | +5.3% | 3,640 |
| 12 | Michigan | $86,600 | $82,510 | $42 | +3.2% | 1,150 |
| 13 | Maine | $83,420 | $55,280 | $40 | -0.6% | — |
| 14 | Vermont | $82,620 | $76,920 | $40 | -1.6% | 80 |
| 15 | West Virginia | $81,270 | $58,960 | $39 | -3.2% | 140 |
| 16 | Ohio | $80,070 | $64,510 | $39 | -4.6% | — |
| 17 | Hawaii | $79,180 | $74,310 | $38 | -5.7% | 160 |
| 18 | Alaska | $79,120 | $65,820 | $38 | -5.8% | 100 |
| 19 | Illinois | $78,710 | $62,540 | $38 | -6.2% | 990 |
| 20 | North Dakota | $78,430 | $73,300 | $38 | -6.6% | 80 |
| 21 | Alabama | $76,830 | $82,630 | $37 | -8.5% | 460 |
| 22 | Arizona | $76,350 | $74,260 | $37 | -9.1% | 3,790 |
| 23 | Delaware | $76,120 | $68,690 | $37 | -9.3% | 100 |
| 24 | Arkansas | $75,700 | $73,800 | $36 | -9.8% | 120 |
| 25 | Idaho | $74,530 | $57,660 | $36 | -11.2% | 380 |
| 26 | New Hampshire | $73,780 | $51,490 | $35 | -12.1% | 120 |
| 27 | Minnesota | $69,350 | $39,850 | $33 | -17.4% | — |
| 28 | Oregon | $69,140 | $63,070 | $33 | -17.6% | 1,670 |
| 29 | Kansas | $68,840 | $69,990 | $33 | -18% | 290 |
| 30 | Texas | $68,410 | $63,390 | $33 | -18.5% | 2,040 |
| 31 | Missouri | $68,080 | $62,280 | $33 | -18.9% | 1,980 |
| 32 | Montana | $67,900 | $63,240 | $33 | -19.1% | 400 |
| 33 | North Carolina | $67,600 | $52,830 | $33 | -19.5% | 1,560 |
| 34 | Iowa | $65,160 | $50,140 | $31 | -22.4% | — |
| 35 | Tennessee | $62,910 | $60,150 | $30 | -25.1% | 540 |
| 36 | Mississippi | $54,620 | $41,690 | $26 | -34.9% | 60 |
Top-Paying Metro Areas
Highest median pay among 110 metro areas.
| # | Metro area | Median | Mean | Employment |
|---|---|---|---|---|
| 1 | Milwaukee-Waukesha, WI | $168,320 | $137,160 | 160 |
| 2 | Durham-Chapel Hill, NC | $124,210 | $134,280 | — |
| 3 | Boise City, ID | $104,780 | $83,150 | — |
| 4 | Wasatch Front Fringe Utah nonmetropolitan area | $103,140 | $100,130 | — |
| 5 | Myrtle Beach-Conway-North Myrtle Beach, SC | $103,070 | $80,190 | — |
| 6 | Fort Collins-Loveland, CO | $99,020 | $103,720 | — |
| 7 | San Antonio-New Braunfels, TX | $98,950 | $91,930 | — |
| 8 | Charlotte-Concord-Gastonia, NC-SC | $95,320 | $126,750 | 150 |
| 9 | Orlando-Kissimmee-Sanford, FL | $94,990 | $89,790 | — |
| 10 | Provo-Orem-Lehi, UT | $92,830 | $97,550 | — |
Pay by Industry
Highest-paying industries employing real estate brokerss (BLS OEWS, by median).
| # | Industry | Median | Mean | Employment |
|---|---|---|---|---|
| 1 | Funds, Trusts, and Other Financial Vehicles | $133,150 | $131,430 | 40 |
| 2 | Other Investment Pools and Funds | $133,150 | $131,430 | 40 |
| 3 | Insurance Carriers | $129,180 | $135,510 | — |
| 4 | Business, Professional, Labor, Political, and Similar Organizations | $118,500 | $120,370 | — |
| 5 | Sector 52 - Finance and Insurance | $98,070 | $116,290 | 2,110 |
| 6 | Religious, Grantmaking, Civic, Professional, and Similar Organizations | $97,480 | $97,710 | — |
| 7 | Sector 81 - Other Services (except Public Administration) | $97,480 | $97,710 | — |
| 8 | Other Professional, Scientific, and Technical Services | $92,770 | $97,740 | — |
| 9 | Direct Insurance (except Life, Health, and Medical) Carriers | $83,680 | $97,120 | — |
| 10 | Local Government, excluding Schools and Hospitals (OEWS Designation) | $81,750 | $88,030 | 180 |
| 11 | Local Government, including Schools and Hospitals (OEWS Designation) | $81,750 | $87,880 | 180 |
| 12 | Administrative and Support Services | $81,290 | $81,360 | 140 |
Frequently Asked Questions
How much do real estate brokers make in the U.S.?
The median real estate brokers salary in the United States is $73,220 per year (mean $83,950), and about 80% earn between $37,110 and $143,300.
How much do real estate brokers make per hour?
Roughly $40 per hour, based on a mean annual wage of $83,950 and 2,080 work hours per year.
Which state pays real estate brokers the most?
New Jersey has the highest average pay for real estate brokers at $105,630 per year (median $111,390).
What is the job outlook for real estate brokers?
Employment is projected to change +3.3% from 2024 to 2034 (About as fast as average), with about 9,700 openings per year.