Real Estate Brokers pay in the U.S.

$83,950avg. a year
$40.36 an hour · 46,100 employed

Real Estate Brokers in the U.S. earn an average of $83,950 a year and a median of $73,220. Pay is highest in New Jersey ($105,630) and lowest in Mississippi ($54,620).

$73,220Median pay
$40.36Average hourly
+3%Avg. pay since 2020
46,100Jobs in the U.S.

Top-paying states for real estate brokers

Average pay by state. Swipe to see the top 10.

11,290 jobs
New Jersey
$105,630
$50.79 an hour
2
Connecticut
$101,590
$48.84 an hour
31,500 jobs
Virginia
$97,560
$46.90 an hour
4430 jobs
Maryland
$97,390
$46.82 an hour
5
Utah
$96,480
$46.39 an hour
6
New Mexico
$96,320
$46.31 an hour
7740 jobs
Indiana
$92,470
$44.46 an hour
83,280 jobs
Colorado
$91,510
$44.00 an hour
9
Washington
$89,720
$43.14 an hour
108,430 jobs
California
$89,020
$42.80 an hour

Why people trust JobPayFacts

Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
Browse all jobs

Real Estate Brokers pay, charted

Pay over time

United States, annual wage, May of each year
AverageMedian

Where the jobs are

Employment by state, May 2025

Average pay by state

May 2025 · tap a state
AKMEWIVTNHWAIDMTNDMNILMINYMAORNVWYSDIAINOHPANJCTRICAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Under $69k$69k–$79k$79k–$90k$90k+

Top-paying metro areas

Average pay, May 2025 (areas with 100+ jobs)
Metro areaAvg. payHourly
Milwaukee-Waukesha, WI$137,160$65.94
Charlotte-Concord-Gastonia, NC-SC$126,750$60.94
Baltimore-Columbia-Towson, MD$104,050$50.02
Miami-Fort Lauderdale-West Palm Beach, FL$88,180$42.40
Riverside-San Bernardino-Ontario, CA$87,510$42.07
Detroit-Warren-Dearborn, MI$86,500$41.59
Virginia Beach-Chesapeake-Norfolk, VA-NC$84,650$40.70
Evansville, IN$83,300$40.05

Average U.S. pay, May 2025

Bureau of Labor Statistics OEWS

Real Estate Brokers pay in every state

States without a figure had too few jobs or too little survey data for BLS to publish.

StateAvg. payMedianJobs
Alabama$76,830$82,630460
Alaska$79,120$65,820100
Arizona$76,350$74,2603,790
Arkansas$75,700$73,800120
California$89,020$80,4508,430
Colorado$91,510$79,9703,280
Connecticut$101,590$105,800–
Delaware$76,120$68,690100
Florida$88,370$66,0103,640
Hawaii$79,180$74,310160
Idaho$74,530$57,660380
Illinois$78,710$62,540990
Indiana$92,470$75,000740
Iowa$65,160$50,140–
Kansas$68,840$69,990290
Maine$83,420$55,280–
Maryland$97,390$81,550430
Michigan$86,600$82,5101,150
Minnesota$69,350$39,850–
Mississippi$54,620$41,69060
Missouri$68,080$62,2801,980
Montana$67,900$63,240400
New Hampshire$73,780$51,490120
New Jersey$105,630$111,3901,290
New Mexico$96,320$80,340–
North Carolina$67,600$52,8301,560
North Dakota$78,430$73,30080
Ohio$80,070$64,510–
Oregon$69,140$63,0701,670
Tennessee$62,910$60,150540
Texas$68,410$63,3902,040
Utah$96,480$92,830–
Vermont$82,620$76,92080
Virginia$97,560$77,2701,500
Washington$89,720$82,790–
West Virginia$81,270$58,960140

Metro areas with the most jobs

Miami-Fort Lauderdale-West Palm Beach, FL
$88,180
970 jobs
Portland-Vancouver-Hillsboro, OR-WA
$66,920
960 jobs
Chicago-Naperville-Elgin, IL-IN
$82,190
800 jobs
Riverside-San Bernardino-Ontario, CA
$87,510
760 jobs
Kansas City, MO-KS
$72,380
750 jobs
Detroit-Warren-Dearborn, MI
$86,500
690 jobs
St. Louis, MO-IL
$77,750
650 jobs
Virginia Beach-Chesapeake-Norfolk, VA-NC
$84,650
390 jobs

Questions and answers

How much do real estate brokers make?

The average is $83,950 a year across the U.S. Half earn more than $73,220 and half earn less (the median).

What is the hourly pay?

The average hourly wage is $40.36, and the median is $35.20 an hour.

Which state pays real estate brokers the most?

New Jersey, with an average of $105,630 a year. The best-paying metro area is Milwaukee-Waukesha, WI at $137,160.

What is the pay range?

The lowest-paid 10% earn under $37,110 a year, and the top 10% earn over $143,300.

Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 41-9021. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.