Real Estate Broker Salary in 2026
How Much Do Real Estate Brokers Make?
Real Estate Brokers earn a median annual salary of $72,280 as of 2026, based on BLS Occupational Employment and Wage Statistics (OEWS) data. Wages span from $36,920 at the 10th percentile to $166,730 at the 90th percentile — a range of $129,810. The highest-paying state is Iowa at $116,920.
| Percentile | Annual salary |
|---|---|
| 10th percentile | $36,920 |
| 25th percentile | $48,200 |
| Median (50th) | $72,280 |
| 75th percentile | $114,220 |
| 90th percentile | $166,730 |
Real Estate Broker Salary by State
Median annual salary across all 50 states. Click a column to sort.
| State | Median salary |
|---|---|
| Iowatop | $116,920 |
| Massachusetts | $112,180 |
| New York | $94,170 |
| New Jersey | $92,890 |
| Connecticut | $90,910 |
| Nevada | $86,730 |
| Maryland | $82,500 |
| Vermont | $82,270 |
| California | $82,050 |
| Washington | $81,450 |
| Utah | $81,230 |
| Colorado | $79,400 |
| New Mexico | $77,940 |
| Indiana | $76,330 |
| Pennsylvania | $74,990 |
| Oregon | $70,860 |
| North Dakota | $70,820 |
| Delaware | $68,320 |
| Texas | $66,700 |
| Tennessee | $66,670 |
| Minnesota | $66,310 |
| Kentucky | $64,210 |
| Arkansas | $63,890 |
| Wisconsin | $63,690 |
| Florida | $63,440 |
| North Carolina | $62,660 |
| Alabama | $62,000 |
| Alaska | $59,860 |
| Montana | $59,310 |
| Missouri | $58,690 |
| Michigan | $58,640 |
| Virginia | $55,660 |
| Illinois | $55,290 |
| Arizona | $54,460 |
| South Carolina | $54,300 |
| Maine | $53,340 |
| Nebraska | $47,170 |
| Hawaii | $47,050 |
| Ohio | $45,850 |
| Mississippi | $43,670 |
| West Virginia | $43,600 |
| Kansas | $40,930 |
Highest-Paying Metros for Real Estate Brokers
Real Estate Broker Salary by Experience
Estimated salary ranges derived from BLS wage percentiles. Entry level corresponds to P10–P25, mid-career to the median, experienced to P75, and senior to P90+.
| Experience level | Estimated salary |
|---|---|
| Entry level (0–2 yrs) | ~$36,920 – $48,200 |
| Mid career (3–7 yrs) | ~$72,280 |
| Experienced (8–15 yrs) | ~$114,220 |
| Senior (15+ yrs) | $166,730+ |
How to Earn More as a Real Estate Broker
Location is the single biggest salary lever: Real Estate Brokers in Des Moines-West Des Moines, IA earn $157,100 — $84,820 above the national median. An advanced credential — such as a graduate degree or specialized certification — is consistently associated with higher earnings in this field. Reaching the 75th percentile ($114,220) typically requires 5–10 years of experience plus specialization in a high-demand area.
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Real Estate Broker Salary vs Similar Careers
| Career | Median salary |
|---|---|
| Real Estate Brokerthis career | $72,280 |
| Sales Manager | $138,060 |
| Property, Real Estate, and Community Association Manager | $66,700 |
| Wholesale and Retail Buyer | N/A |
| Purchasing Agent | N/A |
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SOC: 41-9021.00 · Data: BLS OEWS 2026, O*NET 29.1 · Salary figures are national medians unless otherwise noted.