Real Estate Brokers
SOC 41-9021 • View wages by state
The median annual wage for Real Estate Brokers is $63,060, based on BLS OEWS 2023 data. The mean annual wage is $86,130, and an estimated 51,350 workers are employed in this occupation nationally. Between 2020 and 2023, pay rose +4.5% while consumer prices rose 17.7% — a real change of -11.3% (pay did not keep up with inflation). BLS projects employment will grow 3.3% between 2024 and 2034.
Wage Trend & Inflation Adjustment
How the national median wage for Real Estate Brokers has moved across BLS OEWS release years, and what each year's wage is worth in 2023 dollars after adjusting for CPI inflation. "Real" change strips out inflation — the truest measure of whether pay is actually rising.
| Year | Median (nominal) | In 2023 $ (real) | Employment |
|---|---|---|---|
| 2023 | $63,060 | $63,060 | 51,350 |
| 2022 | $62,190 | $64,750 | 52,310 |
| 2021 | $62,010 | $69,729 | 48,460 |
| 2020 | $60,370 | $71,074 | 44,610 |
Nominal change
+4.5%
Inflation (CPI)
+17.7%
Real change
-11.3%
Job Outlook (2024–2034 BLS projection)
The BLS Employment Projections program estimates how each occupation's employment will change over the coming decade, and how many job openings to expect each year (from both growth and the need to replace workers who leave).
Projected Growth
+3.3%
Faster than average
Employment 2024
111,300
Projected 2034
115,000
Annual Openings
9,700
Typical entry-level education: High school diploma or equivalent.
Highest-Paying Areas (2023)
Where Real Estate Brokers earn the most, and how each area's median compares to the national median of $63,060. A positive premium means the area pays above the national rate.
| Area | Median Annual | vs National | Employment |
|---|---|---|---|
| Rhode Island | $159,130 | +152.3% | — |
| Massachusetts | $126,970 | +101.3% | 1,310 |
| Connecticut | $123,890 | +96.5% | 70 |
| Arizona nonmetropolitan area | $106,080 | +68.2% | — |
| New Jersey | $92,180 | +46.2% | 490 |
| North Carolina | $91,220 | +44.7% | 3,870 |
| Southern Vermont nonmetropolitan area | $84,000 | +33.2% | — |
| New York | $82,640 | +31% | 1,280 |
| Vermont | $81,080 | +28.6% | 130 |
| Eastern New Mexico nonmetropolitan area | $80,110 | +27% | — |
Wage Distribution (National, 2023)
10th, 25th, 50th (median), 75th, and 90th percentile annual wages from BLS OEWS — the full spread, not just an average.
10th Pct
$36,490
25th Pct
$47,200
Median
$63,060
75th Pct
$98,060
90th Pct
$160,980
Related Occupations in Sales & Related
Other occupations in the same SOC major group, ranked by national median wage.