SOC 41-9021 · May 2025 · BLS OEWS
Real Estate Brokers — New Jersey
New Jersey · 1 metro areas compared
In New Jersey the median wage for Real Estate Brokers reaches $111,390 a year.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
In New Jersey the median wage for Real Estate Brokers reaches $111,390 a year. That is 52.1% more than the national median of $73,220. Pay ranges from under $47,750 at the tenth percentile to more than $111,390 at the ninetieth, with the interquartile range running from $100,500 to $111,390.
Employment stands at 1,290, or 0.3 jobs per thousand held locally. New Jersey ranks number 1st out of 36 states by median pay for this occupation. Within the state, Atlantic City records the highest median at $45,590. Of the 736 occupations with published wages in this area, it sits 120th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $47,750 | −34.8% |
| 25th | $100,500 | +37.3% |
| Median (50th) | $111,390 | +52.1% |
| 75th | $111,390 | +52.1% |
| 90th | $111,390 | +52.1% |
| Mean | $105,630 | +44.3% |
Highest-paying metro areas in New Jersey
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Atlantic City | $45,590 | 80 |
What the pay is worth locally
Prices in New Jersey run 8.8% above the national average, so the median of $111,390 buys what $102,381 would elsewhere in the country. Measured that way the gap against the national median narrows to 39.8% above the national median in real terms.
Published median
$111,390as reported by BLSLocal price level
108.8US average = 100 · BEA 2024Adjusted for local prices
$102,381US average = 100 · BEA 2024Key takeaways
- Median pay is $111,390 a year, 52.1% above the national median.
- Published pay spans $47,750 to $111,390 between the tenth and ninetieth percentiles.
- The area has 1,290 jobs in this occupation.
- It ranks 1st of 36 states for this occupation.
- The highest-paying metro area covered is Atlantic City, at $45,590.
Frequently asked questions
What is the median wage for Real Estate Brokers in New Jersey?
The median annual wage is $111,390, or $53.55 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 New Jersey is 52.1% higher. 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 New Jersey earns more than $111,390 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $47,750 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 Atlantic City, at $45,590 per year.
How many jobs are there in this occupation here?
The survey estimates 1,290 jobs in this occupation in New Jersey. Self-employed workers are not included.
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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