SOC 419021

Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

National Median

$72,280

per year

National Salary Overview

Median Annual

$72,280

Entry Level (10th pct)

$36,920

Experienced (90th pct)

$166,730

Total Employed

49,590

Salary Distribution

Salary percentiles show the range from entry-level (10th) to top earners (90th)

Salary by Experience Level

Experience Level	Estimated Salary Range
Entry Level0-2 years experience	$36,920 - $48,200
Mid Career2-8 years experience	$48,200 - $114,220
Senior / Expert8+ years experience	$114,220 - $166,730

Highest Paying Locations for Real Estate Brokers

Des Moines-West Des Moines, IA

$157,100

+117.3% vs national

Springfield, MA

$123,090

+70.3% vs national

Iowa

$116,920

+61.8% vs national

Massachusetts

$112,180

+55.2% vs national

Boston-Cambridge-Newton, MA-NH

$108,910

+50.7% vs national

Real Estate Brokers Salary by Location

Compare salaries across 50 metropolitan areas

Metropolitan Area	Median Salary	Employed
Des Moines-West Des Moines, IA	$157,100	330
Springfield, MA	$123,090	N/A
Iowa	$116,920	740
Massachusetts	$112,180	N/A
Boston-Cambridge-Newton, MA-NH	$108,910	N/A
Vallejo, CA	$106,680	50
Boise City, ID	$106,420	N/A
Reno, NV	$105,220	120
Myrtle Beach-Conway-North Myrtle Beach, SC	$99,990	170
East Central Illinois nonmetropolitan area	$99,830	50
New York-Newark-Jersey City, NY-NJ	$97,500	N/A
Southern Vermont nonmetropolitan area	$96,500	N/A
Charlotte-Concord-Gastonia, NC-SC	$96,330	180
New York	$94,170	N/A
New Jersey	$92,890	N/A
Durham-Chapel Hill, NC	$92,310	N/A
Connecticut	$90,910	N/A
San Francisco-Oakland-Fremont, CA	$90,850	N/A
Valdosta, GA	$89,990	N/A
Atlantic City-Hammonton, NJ	$89,990	N/A
Lubbock, TX	$89,110	N/A
Milwaukee-Waukesha, WI	$89,070	160
Nevada	$86,730	310
Salinas, CA	$85,700	N/A
Redding, CA	$85,580	N/A
Kahului-Wailuku, HI	$85,350	N/A
Farmington, NM	$85,040	30
San Antonio-New Braunfels, TX	$84,060	290
Indianapolis-Carmel-Greenwood, IN	$82,990	N/A
Medford, OR	$82,840	N/A
Maryland	$82,500	N/A
North Valley-Northern Mountains Region of California nonmetropolitan area	$82,270	N/A
Vermont	$82,270	N/A
Worcester, MA	$82,050	60
California	$82,050	7,250
Miami-Fort Lauderdale-West Palm Beach, FL	$81,950	N/A
Eugene-Springfield, OR	$81,490	210
Washington-Arlington-Alexandria, DC-VA-MD-WV	$81,460	440
Washington	$81,450	110
Baltimore-Columbia-Towson, MD	$81,410	N/A
Salt Lake City-Murray, UT	$81,230	210
Utah	$81,230	400
Corvallis, OR	$81,010	40
Denver-Aurora-Centennial, CO	$80,920	N/A
Salem, OR	$80,020	N/A
Los Angeles-Long Beach-Anaheim, CA	$79,950	N/A
Colorado	$79,400	N/A
New Mexico	$77,940	290
Albuquerque, NM	$77,940	N/A
Deltona-Daytona Beach-Ormond Beach, FL	$77,040	N/A

Frequently Asked Questions

What is the average salary for a Real Estate Brokers?

The national median annual salary for Real Estate Brokers is $72,280, according to Bureau of Labor Statistics data. This means half of workers in this occupation earn more, and half earn less.

Where do Real Estate Brokerss earn the most?

The highest-paying metro area for Real Estate Brokerss is Des Moines-West Des Moines, IA, with a median salary of $157,100.

How much can an experienced Real Estate Brokers make?

Top-earning Real Estate Brokerss (90th percentile) make $166,730 or more annually. This typically reflects workers with significant experience, specialized skills, or positions in high-paying regions.