Real Estate Brokers Salary in New Jersey
Real Estate Brokers in New Jersey earn a median annual wage of $111,390 —52.1% above the national median of $73,220. That ranks NJ #1 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 (1.01×) is close to the national average.
Highest-paying states for real estate brokers
All 36 states ranked by median annual wage. New Jersey 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 New Jersey
Occupations in the same job family, compared within New Jersey.
| Occupation | New Jersey median | U.S. median |
|---|---|---|
| Retail Salespersons | $36,520 | $35,410 |
| Cashiers | $34,590 | $32,880 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $79,200 | $69,990 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $79,410 | $72,080 |
| First-Line Supervisors of Retail Sales Workers | $57,320 | $48,520 |
| Securities, Commodities, and Financial Services Sales Agents | $82,420 | $78,660 |
Frequently asked questions
How much do real estate brokers make in New Jersey?
The median annual wage for real estate brokers in New Jersey is $111,390, or $53.55 per hour. That is 52.1% above the national median of $73,220.
What is the entry-level real estate brokers salary in New Jersey?
Workers at the 10th percentile earn $47,750 per year ($22.96/hour). The 25th percentile is $100,500.
How many people work as real estate brokers in New Jersey?
About 1,290 people work in this occupation in New Jersey, or 0.3 per 1,000 jobs statewide.
Is New Jersey a good state for real estate brokers?
New Jersey ranks #1 of 36 states by median wage for this occupation. Employment concentration (1.01x) 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).