SOC 41-9021 · May 2025 · BLS OEWS
Real Estate Brokers — Minneapolis
Minneapolis-St. Paul-Bloomington, MN-WI
The median wage for Real Estate Brokers in Minneapolis, MN is $61,890 per year, 15.5% below the national median of $73,220.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Real Estate Brokers in Minneapolis, MN is $61,890 per year, 15.5% below the national median of $73,220. Pay ranges from under $39,660 at the tenth percentile to more than $160,170 at the ninetieth, with the interquartile range running from $39,660 to $92,780.
Set against every other occupation measured in the same area, it ranks 397th of 670 by median pay.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $39,660 | −45.8% |
| 25th | $39,660 | −45.8% |
| Median (50th) | $61,890 | −15.5% |
| 75th | $92,780 | +26.7% |
| 90th | $160,170 | +118.8% |
| Mean | $74,880 | +2.3% |
What the pay is worth locally
Prices in Minneapolis sit close to the national average, so $61,890 is worth roughly its face value against pay elsewhere.
Published median
$61,890as reported by BLSLocal price level
98.6US average = 100 · BEA 2024Adjusted for local prices
$62,769US average = 100 · BEA 2024Key takeaways
- Median pay is $61,890 a year, 15.5% below the national median.
- Published pay spans $39,660 to $160,170 between the tenth and ninetieth percentiles.
Frequently asked questions
What is the median wage for Real Estate Brokers in Minneapolis, MN?
The median annual wage is $61,890, or $29.75 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $73,220, so pay in Minneapolis, MN is 15.5% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Minneapolis, MN earns more than $160,170 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $39,660 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. 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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