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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:
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:
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:
Top paying industries for Real Estate Sales Agents:
Geographic profile for Real Estate Sales Agents:
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 areas with the highest concentration of jobs and location quotients in Real Estate Sales Agents:
Top paying nonmetropolitan areas for Real Estate Sales Agents:
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
|
United States Department of Labor
