Real estate brokers help facilitate the buying, selling, or renting of properties for individuals or businesses.
This article will explore the best states for real estate brokers, based on the average annual salary for the occupation.
- 1. District of Columbia ($140,390)
- 2. New York ($139,190)
- 3. New Jersey ($111,580)
- 4. Nebraska ($106,520)
- 5. Massachusetts ($104,170)
- 6. Illinois ($100,160)
- 7. Wisconsin ($95,130)
- 8. Maryland ($94,980)
- 9. Minnesota ($93,010)
- 10. Michigan ($91,510)
- Conclusion
Key Takeaways
- The highest-paid real estate brokers are in District of Columbia, where they earn an average of $140,390 per year.
- The lowest-paid real estate brokers are in Utah, where they earn an average of $-1 per year.
- The U.S. average salary for real estate brokers is $65,029 per year.
1. District of Columbia ($140,390)
Real Estate Brokers in District of Columbia earn the highest average salary in the U.S. The median annual salary for
real estate brokers in District of Columbia is
$140,390, which is +116% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $140,390 |
| 10th Percentile | $58,480 |
| 25th Percentile | $64,230 |
| 75th Percentile | $180,470 |
| 90th Percentile | $180,470 |
2. New York ($139,190)
Real Estate Brokers in New York earn the 2nd highest average salary in the U.S. The median annual salary for
real estate brokers in New York is
$139,190, which is +114% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $139,190 |
| 10th Percentile | $49,280 |
| 25th Percentile | $49,280 |
| 75th Percentile | $99,690 |
| 90th Percentile | $-3 |
3. New Jersey ($111,580)
Real Estate Brokers in New Jersey earn the 3rd highest average salary in the U.S. The median annual salary for
real estate brokers in New Jersey is
$111,580, which is +72% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $111,580 |
| 10th Percentile | $52,560 |
| 25th Percentile | $75,190 |
| 75th Percentile | $121,720 |
| 90th Percentile | $234,640 |
4. Nebraska ($106,520)
Real Estate Brokers in Nebraska earn the 4th highest average salary in the U.S. The median annual salary for
real estate brokers in Nebraska is
$106,520, which is +64% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $106,520 |
| 10th Percentile | $35,980 |
| 25th Percentile | $39,090 |
| 75th Percentile | $235,590 |
| 90th Percentile | $-3 |
5. Massachusetts ($104,170)
Real Estate Brokers in Massachusetts earn the 5th highest average salary in the U.S. The median annual salary for
real estate brokers in Massachusetts is
$104,170, which is +60% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $104,170 |
| 10th Percentile | $73,280 |
| 25th Percentile | $73,280 |
| 75th Percentile | $172,180 |
| 90th Percentile | $172,180 |
6. Illinois ($100,160)
Real Estate Brokers in Illinois earn the 6th highest average salary in the U.S. The median annual salary for
real estate brokers in Illinois is
$100,160, which is +54% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $100,160 |
| 10th Percentile | $40,000 |
| 25th Percentile | $47,340 |
| 75th Percentile | $169,810 |
| 90th Percentile | $173,000 |
7. Wisconsin ($95,130)
Real Estate Brokers in Wisconsin earn the 7th highest average salary in the U.S. The median annual salary for
real estate brokers in Wisconsin is
$95,130, which is +46% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $95,130 |
| 10th Percentile | $46,990 |
| 25th Percentile | $50,160 |
| 75th Percentile | $107,990 |
| 90th Percentile | $175,190 |
8. Maryland ($94,980)
Real Estate Brokers in Maryland earn the 8th highest average salary in the U.S. The median annual salary for
real estate brokers in Maryland is
$94,980, which is +46% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $94,980 |
| 10th Percentile | $37,020 |
| 25th Percentile | $48,640 |
| 75th Percentile | $79,200 |
| 90th Percentile | $-3 |
9. Minnesota ($93,010)
Real Estate Brokers in Minnesota earn the 9th highest average salary in the U.S. The median annual salary for
real estate brokers in Minnesota is
$93,010, which is +43% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $93,010 |
| 10th Percentile | $44,990 |
| 25th Percentile | $58,930 |
| 75th Percentile | $154,600 |
| 90th Percentile | $165,860 |
10. Michigan ($91,510)
Real Estate Brokers in Michigan earn the 10th highest average salary in the U.S. The median annual salary for
real estate brokers in Michigan is
$91,510, which is +41% from the national average.
| Type | Annual Salary |
|---|
| Median Wage | $91,510 |
| 10th Percentile | $42,350 |
| 25th Percentile | $50,730 |
| 75th Percentile | $87,210 |
| 90th Percentile | $127,610 |
Conclusion
The highest-paid real estate brokers are in District of Columbia, where they earn an average of $140,390 per year. The lowest-paid real estate brokers are in Utah, where they earn an average of $-1 per year. The U.S. average salary for real estate brokers is $65,029 per year and there are 49,984 jobs in the field.
