Real Estate Broker Salary
Real Estate Brokers earn a median $73,220 a year nationally. Sales and Related Occupations
U.S. median
$73,220
$35.20 per hour
Range
$37,110 – $143,300
10th to 90th percentile
Employed
46,100
across the U.S.
Real Estate Broker take-home pay calculator
Starts at the national median. Pick your state to see your real paycheck.
Your take-home pay
$60,340
per year · effective tax rate 17.6%
$5,028Monthly
$2,514Twice a month
$2,321Every 2 weeks
$29.01Hourly
- 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 |
Best cities for real estate brokers (after tax & cost of living)
| # | Metro area | Median | Take-home | Real value* | Jobs |
|---|---|---|---|---|---|
| 1 | Detroit, MI | $85,600 | $65,662 | $65,467 | 690 |
| 2 | Kansas City, MO | $70,770 | $56,228 | $60,759 | 750 |
| 3 | St. Louis, MO | $63,210 | $50,936 | $53,567 | 650 |
| 4 | Miami, FL | $71,460 | $59,102 | $51,774 | 970 |
| 5 | Chicago, IL | $67,320 | $53,002 | $51,163 | 800 |
| 6 | Portland, OR | $63,070 | $48,168 | $45,691 | 960 |
| 7 | Riverside, CA | $58,760 | $47,055 | $44,207 | 760 |
*Take-home pay in U.S.-average dollars (BEA Regional Price Parities).
Highest-paying cities
- Detroit, MI — $85,600
- Miami, FL — $71,460
- Kansas City, MO — $70,770
- Chicago, IL — $67,320
- St. Louis, MO — $63,210
- Portland, OR — $63,070
- Riverside, CA — $58,760
Real Estate Broker salary by state
| State | Median | Take-home | Range | Jobs |
|---|---|---|---|---|
| New Jersey | $111,390 | $82,287 | $47,750 – $111,390 | 1,290 |
| Connecticut | $105,800 | $79,016 | $73,290 – $109,260 | — |
| Utah | $92,830 | $70,925 | $47,280 – $148,070 | — |
| Washington | $82,790 | $67,073 | $77,830 – $103,140 | — |
| Alabama | $82,630 | $63,094 | $58,120 – $82,630 | 460 |
| Michigan | $82,510 | $63,620 | $43,990 – $118,680 | 1,150 |
| Maryland | $81,550 | $62,690 | $56,320 – $164,860 | 430 |
| California | $80,450 | $61,128 | $37,120 – $145,660 | 8,430 |
| New Mexico | $80,340 | $62,739 | $61,360 – $154,620 | — |
| Colorado | $79,970 | $62,279 | $44,320 – $135,200 | 3,280 |
| Virginia | $77,270 | $59,561 | $45,250 – $189,360 | 1,500 |
| Vermont | $76,920 | $60,327 | $45,170 – $105,770 | 80 |
| Indiana | $75,000 | $59,410 | $30,190 – $211,420 | 740 |
| Hawaii | $74,310 | $56,990 | $35,560 – $133,870 | 160 |
| Arizona | $74,260 | $59,424 | $52,040 – $123,770 | 3,790 |
| Arkansas | $73,800 | $58,083 | $29,280 – $124,990 | 120 |
| North Dakota | $73,300 | $60,226 | $72,630 – $78,730 | 80 |
| Kansas | $69,990 | $54,962 | $18,550 – $125,210 | 290 |
| Delaware | $68,690 | $53,961 | $58,370 – $103,690 | 100 |
| Florida | $66,010 | $55,219 | $38,320 – $162,500 | 3,640 |
| Alaska | $65,820 | $55,066 | $37,490 – $151,190 | 100 |
| Ohio | $64,510 | $53,022 | $42,390 – $125,840 | — |
| Texas | $63,390 | $53,114 | $35,970 – $111,090 | 2,040 |
| Montana | $63,240 | $50,778 | $24,730 – $123,780 | 400 |
| Oregon | $63,070 | $48,168 | $44,980 – $96,980 | 1,670 |
| Illinois | $62,540 | $49,480 | $35,450 – $137,380 | 990 |
| Missouri | $62,280 | $50,232 | $31,590 – $111,070 | 1,980 |
| Tennessee | $60,150 | $50,511 | $33,560 – $108,370 | 540 |
| West Virginia | $58,960 | $47,636 | $36,040 – $171,600 | 140 |
| Idaho | $57,660 | $46,562 | $38,930 – $123,690 | 380 |
| Maine | $55,280 | $44,048 | $35,190 – $136,090 | — |
| North Carolina | $52,830 | $43,030 | $17,990 – $123,160 | 1,560 |
| New Hampshire | $51,490 | $43,552 | $30,920 – $202,900 | 120 |
| Iowa | $50,140 | $41,214 | $19,880 – $152,170 | — |
| Mississippi | $41,690 | $34,742 | $30,470 – $100,910 | 60 |
| Minnesota | $39,850 | $32,886 | $36,190 – $146,130 | — |
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. After taxes and local prices, Detroit, MI offers the best real take-home pay of any metro area.
How many real estate brokers are there in the U.S.?
About 46,100 people work as real estate brokers nationwide.