Real Estate Brokers Salary in Maryland
Real Estate Brokers in Maryland earn a median annual wage of $81,550 —11.4% above the national median of $73,220. That ranks MD #7 of 36 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.53× as concentrated as the national average — this occupation is relatively scarce in Maryland.
Highest-paying states for real estate brokers
All 36 states ranked by median annual wage. Maryland is highlighted.
| # | 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 |
Related occupations in Maryland
Occupations in the same job family, compared within Maryland.
| Occupation | Maryland median | U.S. median |
|---|---|---|
| Retail Salespersons | $35,510 | $35,410 |
| Cashiers | $34,390 | $32,880 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $63,310 | $69,990 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $73,080 | $72,080 |
| First-Line Supervisors of Retail Sales Workers | $47,000 | $48,520 |
| Securities, Commodities, and Financial Services Sales Agents | $61,660 | $78,660 |
Frequently asked questions
How much do real estate brokers make in Maryland?
The median annual wage for real estate brokers in Maryland is $81,550, or $39.21 per hour. That is 11.4% above the national median of $73,220.
What is the entry-level real estate brokers salary in Maryland?
Workers at the 10th percentile earn $56,320 per year ($27.08/hour). The 25th percentile is $56,320.
How many people work as real estate brokers in Maryland?
About 430 people work in this occupation in Maryland, or 0.2 per 1,000 jobs statewide.
Is Maryland a good state for real estate brokers?
Maryland ranks #7 of 36 states by median wage for this occupation. Employment is only 0.53x as concentrated as the national average, so this occupation is relatively scarce in Maryland.
Which state pays real estate brokers the most?
New Jersey has the highest median wage at $111,390 per year, followed by Connecticut ($105,800) and Utah ($92,830).