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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020

41-9022 Real Estate Sales Agents

Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.


National estimates for Real Estate Sales Agents
Industry profile for Real Estate Sales Agents
Geographic profile for Real Estate Sales Agents

National estimates for Real Estate Sales Agents: Top

Employment estimate and mean wage estimates for Real Estate Sales Agents:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
168,740 2.0 % $ 30.28 $ 62,990 1.7 %

Percentile wage estimates for Real Estate Sales Agents:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 12.07 $ 16.05 $ 23.58 $ 36.88 $ 54.05
Annual Wage (2) $ 25,100 $ 33,370 $ 49,040 $ 76,720 $ 112,410


Industry profile for Real Estate Sales Agents: Top

Industries with the highest published employment and wages for Real Estate Sales Agents are provided. For a list of all industries with employment in Real Estate Sales Agents, see the Create Customized Tables function.

Industries with the highest levels of employment in Real Estate Sales Agents:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Real Estate 132,710 8.04 $ 28.47 $ 59,210
Residential Building Construction 10,050 1.26 $ 33.81 $ 70,330
Management of Companies and Enterprises 3,300 0.14 $ 46.15 $ 96,000
Federal Executive Branch (OEWS Designation) 2,980 0.14 $ 40.60 $ 84,460
Employment Services 2,030 0.06 $ 29.17 $ 60,670

Industries with the highest concentration of employment in Real Estate Sales Agents:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Real Estate 132,710 8.04 $ 28.47 $ 59,210
Land Subdivision 1,420 4.02 $ 35.08 $ 72,960
Oil and Gas Extraction 1,960 1.57 $ 54.61 $ 113,600
Other Investment Pools and Funds 150 1.43 $ 27.92 $ 58,070
Residential Building Construction 10,050 1.26 $ 33.81 $ 70,330

Top paying industries for Real Estate Sales Agents:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Oil and Gas Extraction 1,960 1.57 $ 54.61 $ 113,600
Natural Gas Distribution 170 0.16 $ 53.55 $ 111,380
Computer Systems Design and Related Services 50 (7) $ 46.23 $ 96,160
Management of Companies and Enterprises 3,300 0.14 $ 46.15 $ 96,000
Architectural, Engineering, and Related Services 460 0.03 $ 43.36 $ 90,190


Geographic profile for Real Estate Sales Agents: Top

States and areas with the highest published employment, location quotients, and wages for Real Estate Sales Agents are provided. For a list of all areas with employment in Real Estate Sales Agents, see the Create Customized Tables function.





States with the highest employment level in Real Estate Sales Agents:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 20,120 1.66 1.37 $ 30.66 $ 63,780
Florida 19,350 2.29 1.89 $ 29.39 $ 61,120
California 11,300 0.69 0.57 $ 36.90 $ 76,750
Virginia 9,340 2.52 2.08 $ 32.20 $ 66,980
Georgia 7,240 1.68 1.39 $ 33.24 $ 69,150




States with the highest concentration of jobs and location quotients in Real Estate Sales Agents:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
South Carolina 5,850 2.90 2.39 $ 21.90 $ 45,550
Virginia 9,340 2.52 2.08 $ 32.20 $ 66,980
Florida 19,350 2.29 1.89 $ 29.39 $ 61,120
Washington 7,010 2.19 1.81 $ 33.51 $ 69,700
Oklahoma 3,260 2.09 1.72 $ 31.93 $ 66,400




Top paying states for Real Estate Sales Agents:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 5,840 0.67 0.55 $ 49.13 $ 102,200
Massachusetts 1,510 0.45 0.37 $ 45.28 $ 94,170
Colorado 4,790 1.86 1.53 $ 39.05 $ 81,210
Connecticut 1,250 0.81 0.67 $ 37.76 $ 78,540
California 11,300 0.69 0.57 $ 36.90 $ 76,750





Metropolitan areas with the highest employment level in Real Estate Sales Agents:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Dallas-Fort Worth-Arlington, TX 7,490 2.09 1.72 $ 32.44 $ 67,480
Washington-Arlington-Alexandria, DC-VA-MD-WV 6,930 2.29 1.89 $ 32.62 $ 67,850
New York-Newark-Jersey City, NY-NJ-PA 6,750 0.76 0.63 $ 47.39 $ 98,580
Miami-Fort Lauderdale-West Palm Beach, FL 5,900 2.35 1.94 $ 33.05 $ 68,740
Houston-The Woodlands-Sugar Land, TX 5,800 1.95 1.61 $ 30.11 $ 62,630
Atlanta-Sandy Springs-Roswell, GA 5,690 2.16 1.78 $ 35.07 $ 72,950
Seattle-Tacoma-Bellevue, WA 5,610 2.87 2.37 $ 34.15 $ 71,030
Chicago-Naperville-Elgin, IL-IN-WI 4,220 0.97 0.80 $ 21.35 $ 44,400
Phoenix-Mesa-Scottsdale, AZ 4,050 1.92 1.58 $ 25.87 $ 53,820
Los Angeles-Long Beach-Anaheim, CA 3,700 0.64 0.52 $ 29.45 $ 61,260




Metropolitan areas with the highest concentration of jobs and location quotients in Real Estate Sales Agents:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Hilton Head Island-Bluffton-Beaufort, SC 490 6.55 5.40 $ 20.14 $ 41,890
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 880 5.66 4.67 $ 19.20 $ 39,940
Charleston-North Charleston, SC 1,910 5.58 4.60 $ 24.16 $ 50,250
Sebastian-Vero Beach, FL 280 5.47 4.51 $ 25.30 $ 52,630
Punta Gorda, FL 190 4.17 3.44 $ 29.25 $ 60,840
Cape Coral-Fort Myers, FL 1,070 4.09 3.37 $ 25.90 $ 53,870
The Villages, FL 120 3.91 3.22 $ 19.56 $ 40,690
Naples-Immokalee-Marco Island, FL 550 3.79 3.12 (8) (8)
Crestview-Fort Walton Beach-Destin, FL 390 3.55 2.93 $ 24.57 $ 51,100
Virginia Beach-Norfolk-Newport News, VA-NC 2,160 3.01 2.48 $ 31.60 $ 65,720




Top paying metropolitan areas for Real Estate Sales Agents:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Salinas, CA 70 0.41 0.34 $ 51.10 $ 106,280
San Jose-Sunnyvale-Santa Clara, CA 1,000 0.91 0.75 $ 48.70 $ 101,300
New York-Newark-Jersey City, NY-NJ-PA 6,750 0.76 0.63 $ 47.39 $ 98,580
Cheyenne, WY 40 0.78 0.65 $ 44.10 $ 91,740
Midland, TX 290 2.87 2.36 $ 43.87 $ 91,240
Boston-Cambridge-Nashua, MA-NH 1,230 0.47 0.39 $ 43.81 $ 91,130
Tulsa, OK 1,090 2.54 2.09 $ 43.74 $ 90,970
Denver-Aurora-Lakewood, CO 2,670 1.83 1.51 $ 43.38 $ 90,220
Walla Walla, WA 40 1.54 1.27 $ 42.06 $ 87,490
Bridgeport-Stamford-Norwalk, CT 530 1.39 1.15 $ 40.88 $ 85,030

Nonmetropolitan areas with the highest employment in Real Estate Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Colorado nonmetropolitan area 360 3.16 2.61 $ 37.15 $ 77,270
Northeastern Wisconsin nonmetropolitan area 310 1.66 1.37 $ 22.34 $ 46,470
Kansas nonmetropolitan area 210 0.57 0.47 $ 25.19 $ 52,400
Northwestern Idaho nonmetropolitan area 210 3.15 2.60 (8) (8)
Northeast Coastal North Carolina nonmetropolitan area 200 2.27 1.87 $ 18.40 $ 38,270

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Real Estate Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Colorado nonmetropolitan area 360 3.16 2.61 $ 37.15 $ 77,270
Northwestern Idaho nonmetropolitan area 210 3.15 2.60 (8) (8)
Northeast Coastal North Carolina nonmetropolitan area 200 2.27 1.87 $ 18.40 $ 38,270
Northeast South Carolina nonmetropolitan area 190 2.04 1.68 $ 14.99 $ 31,170
Eastern Utah nonmetropolitan area 130 1.69 1.39 $ 31.89 $ 66,330

Top paying nonmetropolitan areas for Real Estate Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northern West Virginia nonmetropolitan area (8) (8) (8) $ 46.99 $ 97,730
Nevada nonmetropolitan area 60 0.62 0.51 $ 41.01 $ 85,290
Northwest Colorado nonmetropolitan area 360 3.16 2.61 $ 37.15 $ 77,270
Northwest Virginia nonmetropolitan area (8) (8) (8) $ 37.12 $ 77,210
North Georgia nonmetropolitan area (8) (8) (8) $ 36.89 $ 76,740


About May 2020 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(7) The value is less than .005 percent of industry employment.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2020 National Occupational Employment and Wage Estimates

May 2020 State Occupational Employment and Wage Estimates

May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2020 National Industry-Specific Occupational Employment and Wage Estimates

May 2020 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2021