Real Estate Broker Salary
Real Estate Brokers earn a median $73,220 a year nationally. Sales and Related Occupations
What real estate brokers do
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.
- Typical education
- High school diploma or equivalent
- Work experience
- Less than 5 years
- On-the-job training
- None
- Job outlook, 2025–35
- +0.8% (slower than average)
- Openings per year
- 7,800
- Self-employed
- 55%
Employment of real estate brokers is projected to grow 0.8% from 2025 to 2035, slower than the 3.5% average for all occupations. About 7,800 openings are expected each year, on average, including jobs left by workers who retire or switch careers.
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Real Estate Broker take-home pay calculator
Starts at the national median. Pick your state to see your real paycheck.
- Federal income tax$7,278
- Social Security (6.2%)$4,540
- Medicare (1.45%)$1,062
- Texas income tax$0
- Take-home pay$60,340
Marginal rate: 22% federal + 0.00% state
Pay by experience
| Percentile | Salary | Hourly | Take-home (no state tax) |
|---|---|---|---|
| 10th percentile (entry level) | $37,110 | $17.84 | $31,998 |
| 25th percentile | $46,480 | $22.35 | $39,527 |
| Median (50th) | $73,220 | $35.20 | $60,340 |
| 75th percentile | $103,360 | $49.69 | $81,544 |
| 90th percentile (top earners) | $143,300 | $68.89 | $109,212 |
Real Estate Broker salary by state
| State | Median | 1-yr change | Take-home | Range | Jobs |
|---|---|---|---|---|---|
| New Jersey | $111,390 | +19.9% | $82,287 | $47,750 – $111,390 | 1,290 |
| Connecticut | $105,800 | +16.4% | $79,016 | $73,290 – $109,260 | — |
| Utah | $92,830 | +14.3% | $70,925 | $47,280 – $148,070 | — |
| Washington | $82,790 | +1.6% | $67,073 | $77,830 – $103,140 | — |
| Alabama | $82,630 | +33.3% | $63,094 | $58,120 – $82,630 | 460 |
| Michigan | $82,510 | +40.7% | $63,620 | $43,990 – $118,680 | 1,150 |
| Maryland | $81,550 | −1.2% | $62,690 | $56,320 – $164,860 | 430 |
| California | $80,450 | −2.0% | $61,128 | $37,120 – $145,660 | 8,430 |
| New Mexico | $80,340 | +3.1% | $62,739 | $61,360 – $154,620 | — |
| Colorado | $79,970 | +0.7% | $62,279 | $44,320 – $135,200 | 3,280 |
| Virginia | $77,270 | +38.8% | $59,561 | $45,250 – $189,360 | 1,500 |
| Vermont | $76,920 | −6.5% | $60,327 | $45,170 – $105,770 | 80 |
| Indiana | $75,000 | −1.7% | $59,410 | $30,190 – $211,420 | 740 |
| Hawaii | $74,310 | +57.9% | $56,990 | $35,560 – $133,870 | 160 |
| Arizona | $74,260 | +36.4% | $59,424 | $52,040 – $123,770 | 3,790 |
| Arkansas | $73,800 | +15.5% | $58,083 | $29,280 – $124,990 | 120 |
| North Dakota | $73,300 | +3.5% | $60,226 | $72,630 – $78,730 | 80 |
| Kansas | $69,990 | +71.0% | $54,962 | $18,550 – $125,210 | 290 |
| Delaware | $68,690 | +0.5% | $53,961 | $58,370 – $103,690 | 100 |
| Florida | $66,010 | +4.1% | $55,219 | $38,320 – $162,500 | 3,640 |
| Alaska | $65,820 | +10.0% | $55,066 | $37,490 – $151,190 | 100 |
| Ohio | $64,510 | +40.7% | $53,022 | $42,390 – $125,840 | — |
| Texas | $63,390 | −5.0% | $53,114 | $35,970 – $111,090 | 2,040 |
| Montana | $63,240 | +6.6% | $50,778 | $24,730 – $123,780 | 400 |
| Oregon | $63,070 | −11.0% | $48,168 | $44,980 – $96,980 | 1,670 |
| Illinois | $62,540 | +13.1% | $49,480 | $35,450 – $137,380 | 990 |
| Missouri | $62,280 | +6.1% | $50,232 | $31,590 – $111,070 | 1,980 |
| Tennessee | $60,150 | −9.8% | $50,511 | $33,560 – $108,370 | 540 |
| West Virginia | $58,960 | +35.2% | $47,636 | $36,040 – $171,600 | 140 |
| Idaho | $57,660 | — | $46,562 | $38,930 – $123,690 | 380 |
| Maine | $55,280 | +3.6% | $44,048 | $35,190 – $136,090 | — |
| North Carolina | $52,830 | −15.7% | $43,030 | $17,990 – $123,160 | 1,560 |
| New Hampshire | $51,490 | — | $43,552 | $30,920 – $202,900 | 120 |
| Iowa | $50,140 | −57.1% | $41,214 | $19,880 – $152,170 | — |
| Mississippi | $41,690 | −4.5% | $34,742 | $30,470 – $100,910 | 60 |
| Minnesota | $39,850 | −39.9% | $32,886 | $36,190 – $146,130 | — |
Related jobs
| Job | Median salary | Education | Growth 2025–35 |
|---|---|---|---|
| Real Estate Sales Agent | $52,830 | High school diploma or equivalent | +1.7% |
| Model | $48,470 | No formal educational credential | -2.1% |
| Sales and Related Workers, All Other | $48,280 | High school diploma or equivalent | +1.1% |
| Door-to-Door Sales Workers, News and Street Vendors, and Related Workers | $41,380 | No formal educational credential | -10.4% |
| Demonstrator and Product Promoter | $39,320 | No formal educational credential | +0.2% |
| Telemarketer | $35,450 | No formal educational credential | -21.4% |
| Sales Engineer | $124,900 | Bachelor's degree | +2.8% |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $72,080 | High school diploma or equivalent | -0.9% |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $69,990 | High school diploma or equivalent | +2.7% |
| Securities, Commodities, and Financial Services Sales Agents | $78,660 | Bachelor's degree | +1.4% |
Frequently asked questions
How much does a real estate broker make?
The national median salary for real estate brokers is $73,220 a year ($35.20 an hour). The lowest-paid 10% earn under $37,110 and the top 10% earn over $143,300. Source: BLS, May 2025.
Which state pays real estate brokers the most?
New Jersey has the highest median pay at $111,390.
How many real estate brokers are there in the U.S.?
About 46,100 people work as real estate brokers nationwide.