Real Estate Brokers Salary in Tennessee
Real Estate Brokers in Tennessee earn a median annual wage of $60,150 —17.9% below the national median of $73,220. That ranks TN #28 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 0.55× as concentrated as the national average — this occupation is relatively scarce in Tennessee.
Highest-paying states for real estate brokers
All 36 states ranked by median annual wage. Tennessee 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 Tennessee
Occupations in the same job family, compared within Tennessee.
| Occupation | Tennessee median | U.S. median |
|---|---|---|
| Retail Salespersons | $31,950 | $35,410 |
| Cashiers | $28,590 | $32,880 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $60,230 | $69,990 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,630 | $72,080 |
| First-Line Supervisors of Retail Sales Workers | $47,880 | $48,520 |
| Securities, Commodities, and Financial Services Sales Agents | $58,050 | $78,660 |
Frequently asked questions
How much do real estate brokers make in Tennessee?
The median annual wage for real estate brokers in Tennessee is $60,150, or $28.92 per hour. That is 17.9% below the national median of $73,220.
What is the entry-level real estate brokers salary in Tennessee?
Workers at the 10th percentile earn $33,560 per year ($16.13/hour). The 25th percentile is $36,620.
How many people work as real estate brokers in Tennessee?
About 540 people work in this occupation in Tennessee, or 0.2 per 1,000 jobs statewide.
Is Tennessee a good state for real estate brokers?
Tennessee ranks #28 of 36 states by median wage for this occupation. Employment is only 0.55x as concentrated as the national average, so this occupation is relatively scarce in Tennessee.
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).