Real Estate Brokers Salary in the United States
The median annual wage for real estate brokers is $73,220, or $35.20 per hour. About 46,100 people work in this occupation nationwide. Wages vary substantially by state — from $111,390 in New Jersey to $39,850 in Minnesota.
Wage distribution nationwide
Earnings spread across all U.S. workers in this occupation.
Salary by state
All 36 states with published data, ranked by median annual wage.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New Jersey | $111,390 | $53.55 | 1,290 | 1.01 |
| 2 | Connecticut | $105,800 | $50.86 | — | — |
| 3 | Utah | $92,830 | $44.63 | — | — |
| 4 | Washington | $82,790 | $39.80 | — | — |
| 5 | Alabama | $82,630 | $39.73 | 460 | 0.73 |
| 6 | Michigan | $82,510 | $39.67 | 1,150 | 0.88 |
| 7 | Maryland | $81,550 | $39.21 | 430 | 0.53 |
| 8 | California | $80,450 | $38.68 | 8,430 | 1.56 |
| 9 | New Mexico | $80,340 | $38.63 | — | — |
| 10 | Colorado | $79,970 | $38.45 | 3,280 | 3.84 |
| 11 | Virginia | $77,270 | $37.15 | 1,500 | 1.23 |
| 12 | Vermont | $76,920 | $36.98 | 80 | 0.92 |
| 13 | Indiana | $75,000 | $36.06 | 740 | 0.77 |
| 14 | Hawaii | $74,310 | $35.72 | 160 | 0.87 |
| 15 | Arizona | $74,260 | $35.70 | 3,790 | 3.95 |
| 16 | Arkansas | $73,800 | $35.48 | 120 | 0.30 |
| 17 | North Dakota | $73,300 | $35.24 | 80 | 0.64 |
| 18 | Kansas | $69,990 | $33.65 | 290 | 0.69 |
| 19 | Delaware | $68,690 | $33.02 | 100 | 0.69 |
| 20 | Florida | $66,010 | $31.74 | 3,640 | 1.23 |
| 21 | Alaska | $65,820 | $31.64 | 100 | 1.01 |
| 22 | Ohio | $64,510 | $31.02 | — | — |
| 23 | Texas | $63,390 | $30.48 | 2,040 | 0.49 |
| 24 | Montana | $63,240 | $30.40 | 400 | 2.65 |
| 25 | Oregon | $63,070 | $30.32 | 1,670 | 2.86 |
| 26 | Illinois | $62,540 | $30.07 | 990 | 0.55 |
| 27 | Missouri | $62,280 | $29.94 | 1,980 | 2.28 |
| 28 | Tennessee | $60,150 | $28.92 | 540 | 0.55 |
| 29 | West Virginia | $58,960 | $28.35 | 140 | 0.70 |
| 30 | Idaho | $57,660 | $27.72 | 380 | 1.51 |
| 31 | Maine | $55,280 | $26.58 | — | — |
| 32 | North Carolina | $52,830 | $25.40 | 1,560 | 1.07 |
| 33 | New Hampshire | $51,490 | $24.76 | 120 | 0.60 |
| 34 | Iowa | $50,140 | $24.11 | — | — |
| 35 | Mississippi | $41,690 | $20.05 | 60 | 0.19 |
| 36 | Minnesota | $39,850 | $19.16 | — | — |
Related occupations
Same job family, ranked by national employment.
Frequently asked questions
How much do real estate brokers make?
The median annual wage for real estate brokers in the United States is $73,220, or $35.20 per hour. Entry-level workers (10th percentile) earn $37,110, and the top 10% earn $143,300.
How many real estate brokers are employed in the U.S.?
About 46,100 people work as real estate brokers nationwide.
Which state pays real estate brokers the most?
New Jersey pays the most at a median of $111,390, followed by Connecticut ($105,800) and Utah ($92,830).
Which state pays real estate brokers the least?
Minnesota has the lowest median at $39,850.
Where are real estate brokers jobs most concentrated?
The location quotient measures employment concentration relative to the national average. The highest is Arizona at 3.95×.