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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.
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) |
---|---|---|---|---|
197,720 | 4.2 % | $ 33.46 | $ 69,610 | 1.5 % |
Percentile wage estimates for Real Estate Sales Agents:
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
---|---|---|---|---|---|
Hourly Wage | $ 15.10 | $ 18.30 | $ 26.11 | $ 39.16 | $ 57.49 |
Annual Wage (2) | $ 31,410 | $ 38,050 | $ 54,300 | $ 81,460 | $ 119,590 |
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 | 162,020 | 8.95 | $ 31.08 | $ 64,640 |
Residential Building Construction | 9,840 | 1.06 | $ 52.44 | $ 109,080 |
Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | 3,260 | 0.15 | $ 42.97 | $ 89,370 |
Management of Companies and Enterprises | 2,860 | 0.10 | $ 53.05 | $ 110,350 |
State Government, excluding Schools and Hospitals (OEWS Designation) | 1,730 | 0.08 | $ 34.66 | $ 72,080 |
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 | 162,020 | 8.95 | $ 31.08 | $ 64,640 |
Land Subdivision | 1,100 | 3.19 | $ 41.56 | $ 86,440 |
Oil and Gas Extraction | 1,560 | 1.44 | $ 63.63 | $ 132,340 |
Residential Building Construction | 9,840 | 1.06 | $ 52.44 | $ 109,080 |
Natural Gas Distribution | 190 | 0.17 | (8) | (8) |
Top paying industries for Real Estate Sales Agents:
Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|
Management, Scientific, and Technical Consulting Services | (8) | (8) | $ 72.54 | $ 150,870 |
Oil and Gas Extraction | 1,560 | 1.44 | $ 63.63 | $ 132,340 |
Coal Mining | 40 | 0.09 | $ 53.07 | $ 110,390 |
Management of Companies and Enterprises | 2,860 | 0.10 | $ 53.05 | $ 110,350 |
Residential Building Construction | 9,840 | 1.06 | $ 52.44 | $ 109,080 |
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) |
---|---|---|---|---|---|
Florida | 28,970 | 3.03 | 2.33 | $ 32.74 | $ 68,100 |
Texas | 23,810 | 1.76 | 1.35 | $ 37.69 | $ 78,390 |
California | 20,400 | 1.14 | 0.87 | $ 35.03 | $ 72,870 |
Arizona | 7,720 | 2.47 | 1.89 | $ 29.53 | $ 61,410 |
Georgia | 6,550 | 1.38 | 1.06 | $ 30.97 | $ 64,410 |
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) |
---|---|---|---|---|---|
Florida | 28,970 | 3.03 | 2.33 | $ 32.74 | $ 68,100 |
Arizona | 7,720 | 2.47 | 1.89 | $ 29.53 | $ 61,410 |
Delaware | 1,000 | 2.13 | 1.63 | $ 26.45 | $ 55,010 |
Colorado | 5,960 | 2.10 | 1.62 | (8) | (8) |
Texas | 23,810 | 1.76 | 1.35 | $ 37.69 | $ 78,390 |
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 | 6,030 | 0.64 | 0.49 | $ 53.89 | $ 112,080 |
Vermont | 160 | 0.52 | 0.40 | $ 48.44 | $ 100,750 |
Connecticut | 450 | 0.27 | 0.21 | $ 40.77 | $ 84,810 |
New Jersey | 1,350 | 0.32 | 0.25 | $ 39.66 | $ 82,490 |
Alaska | 140 | 0.46 | 0.35 | $ 39.29 | $ 81,720 |
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) |
---|---|---|---|---|---|
Miami-Fort Lauderdale-West Palm Beach, FL | 10,790 | 3.96 | 3.05 | $ 29.65 | $ 61,660 |
Dallas-Fort Worth-Arlington, TX | 8,400 | 2.12 | 1.63 | $ 39.33 | $ 81,800 |
Houston-The Woodlands-Sugar Land, TX | 7,680 | 2.42 | 1.85 | $ 38.92 | $ 80,950 |
Los Angeles-Long Beach-Anaheim, CA | 6,800 | 1.10 | 0.84 | $ 34.19 | $ 71,110 |
Phoenix-Mesa-Scottsdale, AZ | 6,310 | 2.75 | 2.12 | $ 30.70 | $ 63,850 |
New York-Newark-Jersey City, NY-NJ-PA | 5,930 | 0.62 | 0.48 | $ 53.73 | $ 111,750 |
San Francisco-Oakland-Hayward, CA | 4,750 | 1.96 | 1.51 | $ 38.69 | $ 80,470 |
Atlanta-Sandy Springs-Roswell, GA | 4,580 | 1.62 | 1.25 | $ 33.27 | $ 69,200 |
Washington-Arlington-Alexandria, DC-VA-MD-WV | 4,390 | 1.42 | 1.09 | $ 37.03 | $ 77,030 |
Seattle-Tacoma-Bellevue, WA | 4,220 | 2.03 | 1.56 | $ 40.00 | $ 83,200 |
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) |
---|---|---|---|---|---|
Naples-Immokalee-Marco Island, FL | 1,210 | 7.41 | 5.69 | (8) | (8) |
Crestview-Fort Walton Beach-Destin, FL | 660 | 5.36 | 4.11 | $ 31.13 | $ 64,750 |
The Villages, FL | 200 | 5.30 | 4.07 | $ 34.03 | $ 70,780 |
Daphne-Fairhope-Foley, AL | 390 | 4.83 | 3.71 | $ 21.86 | $ 45,460 |
Cape Coral-Fort Myers, FL | 1,280 | 4.42 | 3.39 | $ 35.61 | $ 74,070 |
North Port-Sarasota-Bradenton, FL | 1,430 | 4.41 | 3.39 | $ 32.58 | $ 67,770 |
Wilmington, NC | 630 | 4.39 | 3.37 | $ 28.20 | $ 58,660 |
Punta Gorda, FL | 230 | 4.37 | 3.36 | $ 38.69 | $ 80,480 |
Hilton Head Island-Bluffton-Beaufort, SC | 340 | 4.17 | 3.20 | $ 34.79 | $ 72,350 |
Sebastian-Vero Beach, FL | 230 | 4.14 | 3.18 | $ 41.05 | $ 85,390 |
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) |
---|---|---|---|---|---|
Midland, TX | 330 | 2.89 | 2.22 | $ 57.00 | $ 118,560 |
Napa, CA | 60 | 0.81 | 0.62 | $ 55.14 | $ 114,680 |
New York-Newark-Jersey City, NY-NJ-PA | 5,930 | 0.62 | 0.48 | $ 53.73 | $ 111,750 |
Boston-Cambridge-Nashua, MA-NH | (8) | (8) | (8) | $ 52.22 | $ 108,620 |
Oxnard-Thousand Oaks-Ventura, CA | 440 | 1.40 | 1.08 | $ 49.89 | $ 103,770 |
Burlington-South Burlington, VT | 110 | 0.93 | 0.71 | $ 49.84 | $ 103,680 |
New Bedford, MA | 40 | 0.54 | 0.41 | $ 49.44 | $ 102,830 |
Casper, WY | 40 | 1.03 | 0.79 | $ 48.44 | $ 100,750 |
Buffalo-Cheektowaga-Niagara Falls, NY | 210 | 0.40 | 0.31 | $ 47.98 | $ 99,790 |
Rochester, NY | 210 | 0.42 | 0.32 | $ 47.57 | $ 98,950 |
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) |
---|---|---|---|---|---|
Southwest Colorado nonmetropolitan area | 400 | 3.88 | 2.98 | $ 31.25 | $ 65,000 |
Mountain North Carolina nonmetropolitan area | 390 | 2.92 | 2.25 | $ 23.86 | $ 49,620 |
Eastern Utah nonmetropolitan area | 290 | 3.30 | 2.54 | $ 26.20 | $ 54,500 |
Southeast Coastal North Carolina nonmetropolitan area | 290 | 1.17 | 0.90 | $ 21.32 | $ 44,340 |
West Montana nonmetropolitan area | 280 | 3.38 | 2.60 | $ 29.01 | $ 60,350 |
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) |
---|---|---|---|---|---|
Southwest Colorado nonmetropolitan area | 400 | 3.88 | 2.98 | $ 31.25 | $ 65,000 |
West Montana nonmetropolitan area | 280 | 3.38 | 2.60 | $ 29.01 | $ 60,350 |
Eastern Utah nonmetropolitan area | 290 | 3.30 | 2.54 | $ 26.20 | $ 54,500 |
Mountain North Carolina nonmetropolitan area | 390 | 2.92 | 2.25 | $ 23.86 | $ 49,620 |
Northwestern Idaho nonmetropolitan area | 190 | 2.65 | 2.04 | (8) | (8) |
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) |
---|---|---|---|---|---|
Southern Indiana nonmetropolitan area | (8) | (8) | (8) | $ 48.86 | $ 101,630 |
Central East New York nonmetropolitan area | 50 | 0.32 | 0.24 | $ 46.65 | $ 97,030 |
West Texas Region of Texas nonmetropolitan area | 120 | 0.59 | 0.45 | $ 46.51 | $ 96,730 |
Southwest New York nonmetropolitan area | 40 | 0.21 | 0.16 | $ 45.23 | $ 94,070 |
Southern Vermont nonmetropolitan area | 40 | 0.35 | 0.27 | $ 44.82 | $ 93,230 |
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.
(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 2023 National Occupational Employment and Wage Estimates
May 2023 State Occupational Employment and Wage Estimates
May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2023 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: April 3, 2024