SOC 41-9021 · May 2025 · United States
Real Estate Brokers
National figures, with pay broken out by state and metro area
The median wage for Real Estate Brokers across the United States is $73,220 per year, measured over 46,100 jobs. The highest state median is in New Jersey, at $111,390.
National wage distribution · annual
Shaded band holds the middle 50% of earners
The next ten years
Projected to grow about as fast as average
- Change in jobs, 2024 to 2034
- +3.3%
- Openings per year
- 9,700
- Typical entry-level education
- High school diploma or equivalent
- Related work experience
- Less than 5 years
Includes jobs opened by workers leaving the occupation, not only new positions.
54.5% of people in this occupation work for themselves.
Projections are based on 2024 employment and run to 2034. The wages above are from the May 2025 survey, a separate BLS programme on a different release cycle, so the two are not two views of one dataset.
Where the pay is highest for Real Estate Brokers
Pay for this occupation varies by 179.5% between the highest and lowest paying states with published data. New Jersey pays $111,390 and Minnesota pays $39,850.
| # | State | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | New Jersey | $111,390 | 1,290 | |
| 2 | Connecticut | $105,800 | — | |
| 3 | Utah | $92,830 | — | |
| 4 | Washington | $82,790 | — | |
| 5 | Alabama | $82,630 | 460 | |
| 6 | Michigan | $82,510 | 1,150 | |
| 7 | Maryland | $81,550 | 430 | |
| 8 | California | $80,450 | 8,430 | |
| 9 | New Mexico | $80,340 | — | |
| 10 | Colorado | $79,970 | 3,280 |
States with the most Real Estate Brokers jobs
| # | State | Jobs | Median | Relative |
|---|---|---|---|---|
| 1 | California | 8,430 | $80,450 | |
| 2 | Arizona | 3,790 | $74,260 | |
| 3 | Florida | 3,640 | $66,010 | |
| 4 | Colorado | 3,280 | $79,970 | |
| 5 | Texas | 2,040 | $63,390 | |
| 6 | Missouri | 1,980 | $62,280 | |
| 7 | Oregon | 1,670 | $63,070 | |
| 8 | North Carolina | 1,560 | $52,830 | |
| 9 | Virginia | 1,500 | $77,270 | |
| 10 | New Jersey | 1,290 | $111,390 |
Top-paying metro areas
| # | Metro area | Median | Jobs |
|---|---|---|---|
| 1 | Milwaukee | $168,320 | 160 |
| 2 | Durham | $124,210 | — |
| 3 | Boise City | $104,780 | — |
| 4 | Myrtle Beach | $103,070 | — |
| 5 | Fort Collins | $99,020 | — |
| 6 | San Antonio | $98,950 | — |
| 7 | Charlotte | $95,320 | 150 |
| 8 | Orlando | $94,990 | — |
| 9 | Provo | $92,830 | — |
| 10 | Los Angeles | $91,770 | — |
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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