Thursday, July 23, 2020

Average Real Estate Salary by State

Average Real Estate Salary by State Average Real Estate Agent Salary by State Average salaries for real estate salespeople vary by region, state, and city. Since what they earn is based largely on commissions from sales, how much an agent makes is determined by experience, effort, hours worked, and the number of transactions closed. PayScale lists the average salary at $45,737 per year. On the other hand, Indeed currently lists the average salary for a real estate agent in the U.S. at $72,576 per year. That data is from employees and job advertisements on Indeed from the previous 12 months. The National Association of REALTORs found the median gross income of REALTORS was $39,200 in 2015. The more experience you have, the more money you make. A REALTOR with 16 years of experience has a median gross income of $73,400. So, as you can see, “How much does a real estate agent make?” is not a simple question to answer. However, the list below is an annual mean wage of real estate sales agents by state as of May 2016, according to the Bureau of Labor Statistics. Alabama: $58,700 Alaska:   $68,040 Arizona: $70,050 Arkansas: $34,190 California: $65,790 Colorado: $72,480 Connecticut: $46,120 Delaware: $47,660 Florida: $58,980 Georgia: $44,780 Hawaii: $85,110 Idaho: $57,800 Illinois: $59,150 Indiana:  $61,880 Iowa:  $46,520 Kansas: $63,640 Kentucky: $41,410 Louisiana: $51,410 Maine: $69,210 Maryland: $59,980 Massachusetts: $66,430 Michigan: $43,620 Minnesota: $49,460 Mississippi: $44,020 Missouri: $54,060 Montana: $45,560 Nebraska: $48,110 Nevada: $ 61,570 New Hampshire: $ 49,670 New Jersey: $61,860 New Mexico: $ 60,440 New York: $103,490 North Carolina: $62,070 North Dakota: $53,200 Ohio: $39,900 Oklahoma: $55,150 Oregon: $50,040 Pennsylvania: $58,130 South Carolina: $50,700 South Dakota: $57,150 Tennessee: $46,370 Texas: $64,070 Utah: $52,830 Vermont: $56,770 Virginia: $62,910 Washington: $58,100 West Virginia: $53,860 Wisconsin: $53,640 Wyoming: $68,590 Interested in becoming a real estate agent? First thing you need to do is successfully complete a real estate pre-license course, which can be done all online. Start now!

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