SOC 41-9021 · May 2025 · BLS OEWS
Real Estate Brokers — Minnesota
Minnesota · 1 metro areas compared
Median pay in Minnesota is $39,850 a year, 45.6% under the national median of $73,220 for this occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
Median pay in Minnesota is $39,850 a year, 45.6% under the national median of $73,220 for this occupation. The middle half of workers in this occupation earn between $39,660 and $92,770. The lowest tenth earn under $36,190, while the highest tenth earn more than $146,130.
Minnesota ranks number 36th out of 36 states by median pay for this occupation. Within the state, Minneapolis records the highest median at $61,890. Of the 721 occupations with published wages in this area, it sits 656th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $36,190 | −50.6% |
| 25th | $39,660 | −45.8% |
| Median (50th) | $39,850 | −45.6% |
| 75th | $92,770 | +26.7% |
| 90th | $146,130 | +99.6% |
| Mean | $69,350 | −5.3% |
Highest-paying metro areas in Minnesota
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Minneapolis | $61,890 | — |
What the pay is worth locally
Prices in Minnesota sit close to the national average, so $39,850 is worth roughly its face value against pay elsewhere.
Published median
$39,850as reported by BLSLocal price level
98.6US average = 100 · BEA 2024Adjusted for local prices
$40,416US average = 100 · BEA 2024Key takeaways
- Median pay is $39,850 a year, 45.6% below the national median.
- Published pay spans $36,190 to $146,130 between the tenth and ninetieth percentiles.
- It ranks 36th of 36 states for this occupation.
- The highest-paying metro area covered is Minneapolis, at $61,890.
Frequently asked questions
What is the median wage for Real Estate Brokers in Minnesota?
The median annual wage is $39,850, or $19.16 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 Minnesota is 45.6% 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 Minnesota earns more than $146,130 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $36,190 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.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Minneapolis, at $61,890 per year.
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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