Real Estate Brokers Salary in Michigan
Real Estate Brokers in Michigan earn a median annual wage of $82,510 —12.7% above the national median of $73,220. That ranks MI #6 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 concentration (0.88×) is close to the national average.
Highest-paying states for real estate brokers
All 36 states ranked by median annual wage. Michigan 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 Michigan
Occupations in the same job family, compared within Michigan.
| Occupation | Michigan median | U.S. median |
|---|---|---|
| Retail Salespersons | $34,640 | $35,410 |
| Cashiers | $29,740 | $32,880 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $73,380 | $69,990 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $72,980 | $72,080 |
| First-Line Supervisors of Retail Sales Workers | $46,430 | $48,520 |
| Securities, Commodities, and Financial Services Sales Agents | $73,480 | $78,660 |
Frequently asked questions
How much do real estate brokers make in Michigan?
The median annual wage for real estate brokers in Michigan is $82,510, or $39.67 per hour. That is 12.7% above the national median of $73,220.
What is the entry-level real estate brokers salary in Michigan?
Workers at the 10th percentile earn $43,990 per year ($21.15/hour). The 25th percentile is $64,680.
How many people work as real estate brokers in Michigan?
About 1,150 people work in this occupation in Michigan, or 0.3 per 1,000 jobs statewide.
Is Michigan a good state for real estate brokers?
Michigan ranks #6 of 36 states by median wage for this occupation. Employment concentration (0.88x) is close to the national average.
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).