Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Occupational Employment Statistics
PRINT:Print
OES OES Program Links

Occupational Employment and Wages, May 2018

41-9021 Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
40,320 3.3 % $37.95 $78,940 2.8 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $10.94 $17.59 $27.99 $44.61 $78.63
Annual Wage (2) $22,750 $36,580 $58,210 $92,790 $163,540


Industry profile for this occupation: Top

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

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Real Estate 36,410 2.25 $37.60 $78,210
Residential Building Construction 480 0.06 $41.82 $86,980
Management of Companies and Enterprises 450 0.02 $47.84 $99,520
Credit Intermediation and Related Activities (5221 And 5223 only) 380 0.02 $46.66 $97,050
Management, Scientific, and Technical Consulting Services 370 0.03 $33.68 $70,050

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Real Estate 36,410 2.25 $37.60 $78,210
Land Subdivision 340 0.87 $42.51 $88,420
Other Investment Pools and Funds 40 0.50 $32.68 $67,980
Oil and Gas Extraction 90 0.07 $39.13 $81,380
Residential Building Construction 480 0.06 $41.82 $86,980

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance Carriers (8) (8) $58.45 $121,580
Wholesale Electronic Markets and Agents and Brokers 50 0.01 $52.79 $109,800
Management of Companies and Enterprises 450 0.02 $47.84 $99,520
Credit Intermediation and Related Activities (5221 And 5223 only) 380 0.02 $46.66 $97,050
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 230 0.02 $42.59 $88,590


Geographic profile for this occupation: Top

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





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 5,700 0.33 1.20 $41.35 $86,000
North Carolina 3,700 0.84 3.03 $31.13 $64,740
Florida 3,010 0.35 1.25 $31.36 $65,230
Colorado 2,900 1.10 3.97 $29.17 $60,680
Texas 2,170 0.18 0.64 $46.46 $96,630




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Colorado 2,900 1.10 3.97 $29.17 $60,680
North Carolina 3,700 0.84 3.03 $31.13 $64,740
Oregon 1,500 0.80 2.86 $38.21 $79,490
Missouri 1,760 0.63 2.25 $28.74 $59,780
Arizona 1,730 0.62 2.23 $31.47 $65,460




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Illinois 1,780 0.30 1.07 $49.73 $103,430
Connecticut 80 0.05 0.16 $49.01 $101,930
New Mexico 110 0.13 0.48 $47.28 $98,350
Wisconsin 460 0.16 0.58 $47.10 $97,970
Texas 2,170 0.18 0.64 $46.46 $96,630





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Los Angeles-Long Beach-Anaheim, CA 2,320 0.38 1.36 $34.20 $71,140
Chicago-Naperville-Elgin, IL-IN-WI 1,680 0.36 1.30 $49.66 $103,290
New York-Newark-Jersey City, NY-NJ-PA 1,670 0.18 0.63 $55.75 $115,950
Phoenix-Mesa-Scottsdale, AZ 1,480 0.72 2.58 $33.42 $69,520
Charlotte-Concord-Gastonia, NC-SC 1,220 1.01 3.61 $39.36 $81,860
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,100 0.35 1.26 $41.67 $86,670
Portland-Vancouver-Hillsboro, OR-WA 1,040 0.87 3.12 $43.73 $90,950
San Diego-Carlsbad, CA 930 0.63 2.28 $49.22 $102,380
Boston-Cambridge-Nashua, MA-NH 850 0.31 1.10 $58.41 $121,500
Dallas-Fort Worth-Arlington, TX 850 0.24 0.85 $39.92 $83,040




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bend-Redmond, OR 190 2.28 8.18 $25.81 $53,680
Colorado Springs, CO 330 1.17 4.19 $37.91 $78,860
Wilmington, NC 140 1.13 4.05 $22.96 $47,770
Charleston-North Charleston, SC 390 1.11 3.98 $28.58 $59,460
Fayetteville, NC 140 1.06 3.82 $25.33 $52,680
Charlotte-Concord-Gastonia, NC-SC 1,220 1.01 3.61 $39.36 $81,860
Columbia, SC 370 0.99 3.54 $31.88 $66,300
Raleigh, NC 600 0.96 3.45 $29.18 $60,690
Boulder, CO 170 0.92 3.29 $32.73 $68,070
Grand Junction, CO 60 0.90 3.23 $21.55 $44,810




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Boston-Cambridge-Nashua, MA-NH 850 0.31 1.10 $58.41 $121,500
New York-Newark-Jersey City, NY-NJ-PA 1,670 0.18 0.63 $55.75 $115,950
Green Bay, WI 30 0.18 0.65 $53.28 $110,820
Indianapolis-Carmel-Anderson, IN (8) (8) (8) $52.37 $108,920
Bremerton-Silverdale, WA 40 0.49 1.75 $51.81 $107,760
Houston-The Woodlands-Sugar Land, TX 440 0.15 0.53 $49.98 $103,950
San Francisco-Oakland-Hayward, CA 730 0.30 1.09 $49.86 $103,720
Chicago-Naperville-Elgin, IL-IN-WI 1,680 0.36 1.30 $49.66 $103,290
South Bend-Mishawaka, IN-MI (8) (8) (8) $49.32 $102,590
San Diego-Carlsbad, CA 930 0.63 2.28 $49.22 $102,380

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Colorado nonmetropolitan area 220 1.86 6.68 $37.41 $77,810
Southeast Coastal North Carolina nonmetropolitan area 170 0.68 2.43 $15.35 $31,920
Piedmont North Carolina nonmetropolitan area 130 0.51 1.84 $23.03 $47,900
Mountain North Carolina nonmetropolitan area 110 0.89 3.20 (8) (8)
Northeast Coastal North Carolina nonmetropolitan area 110 1.17 4.19 $22.90 $47,620

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Colorado nonmetropolitan area 220 1.86 6.68 $37.41 $77,810
Northeast Coastal North Carolina nonmetropolitan area 110 1.17 4.19 $22.90 $47,620
Eastern Utah nonmetropolitan area 90 1.13 4.07 $36.07 $75,030
Mountain North Carolina nonmetropolitan area 110 0.89 3.20 (8) (8)
Southwest Missouri nonmetropolitan area 50 0.72 2.60 $21.28 $44,260

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Colorado nonmetropolitan area 220 1.86 6.68 $37.41 $77,810
Eastern Utah nonmetropolitan area 90 1.13 4.07 $36.07 $75,030
South Central Wisconsin nonmetropolitan area (8) (8) (8) $33.60 $69,890
Southern Pennsylvania nonmetropolitan area (8) (8) (8) $29.89 $62,170
Northeastern Wisconsin nonmetropolitan area 30 0.15 0.54 $28.09 $58,430


About May 2018 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.

(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 OES estimates and related information:

May 2018 National Occupational Employment and Wage Estimates

May 2018 State Occupational Employment and Wage Estimates

May 2018 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2018 National Industry-Specific Occupational Employment and Wage Estimates

May 2018 Occupation Profiles

Technical Notes

 

Last Modified Date: March 29, 2019