Real Estate Brokers Salary: $115,482 Median Pay (2026 stats)
TL;DR
About 49,590 real estate brokers nationally earn a mean of $115,482. Projections imply about 1.1% annual growth; CA accounts for about 4,330 jobs in our geographic extract.
Key Statistics
Real Estate Brokers: what the data shows
Common questions about real estate brokers careers, answered from BLS OEWS and O*NET in this repository.
What is a real estate brokers?
Real Estate Brokers is tracked by the Bureau of Labor Statistics under SOC 41-9021.
U.S. employment in our OEWS extract is about 49,590 workers.
What does a real estate brokers do?
O*NET work activities rated highest for this occupation include Getting Information, Establishing and Maintaining Interpersonal Relationships, Updating and Using Relevant Knowledge, Working with Computers, Organizing, Planning, and Prioritizing Work, Performing Administrative Activities, and related tasks. See Work Activities for the full list.
How much does a real estate brokers make?
BLS national median annual wage: $72,280 (May 2024 in our extract).
Mean annual wage in our occupational extract: $115,482 — higher than the median, which often reflects top earners in the distribution.
| Wage percentile | Annual wage |
|---|---|
| 10th percentile | $46,504 |
| 25th percentile | $70,778 |
| Median (50th) | $83,897 |
| 75th percentile | $131,280 |
| 90th percentile | $203,490 |
What education do you need?
For Real Estate Brokers, O*NET incumbent surveys in our extract most often report: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).
These are education levels of current workers, not minimum legal requirements.
What skills do you need?
O*NET ratings for this occupation emphasize skills such as Speaking, Critical Thinking, Reading Comprehension, Active Listening, Active Learning, Negotiation, and knowledge areas including Sales and Marketing, Customer and Personal Service, English Language, Law and Government. See Education & Skills for detail.
Is real estate brokers in demand?
Historical employment trend in our series implies about 1.1% annual growth (compound rate in the extract).
Five-year projected employment change: 5.5%.
Ten-year projected employment change: 11.2%.
Current U.S. headcount: 49,590.
We report federal series only—compare wages, growth, and openings against your target market.
Where do real estate brokerss work?
Top industries by employment share in our OEWS industry extract:
| Industry | Employment | Share |
|---|---|---|
| Real Estate | 85,920 | 35.4% |
| Cross-industry | 49,590 | 20.4% |
| Cross-industry, Private Ownership only | 49,300 | 20.3% |
| Real Estate and Rental and Leasing | 43,010 | 17.7% |
| Finance and Insurance | 3,160 | 1.3% |
| Credit Intermediation and Related Activities | 1,950 | 0.8% |
See Industry for charts.
What degrees lead to this career?
Common majors for Real Estate Brokers in O*NET:
See Related degrees.
What careers are related?
Other occupations linked through shared degree pathways in our mapping:
| Occupation | U.S. employment | Median wage |
|---|---|---|
| Real Estate Sales Agents | 190,600 | $56,320 |
Employment
Employment and salary information for the Real Estate Brokers workforce.
Employment Over Time
49,590 Workforce in 2023
The Real Estate Brokers workforce has been growing over time.
Historical employment trends for Real Estate Brokers.
Yearly Wage Ranking
$115,482 Average Wage
In 2023, Real Estate Brokers earned an average of $115,482.
Wage ranking compared to other occupations.
Wage Distribution
This chart shows the distribution of average salaries by income buckets for Real Estate Brokers.
Salary distribution for Real Estate Brokers.
Employment Growth Projections
1.1% Compound Annual Growth Rate (CAGR)
24,423 Projected Employment (5 years)
Projected growth: 5.5%
25,755 Projected Employment (10 years)
Projected growth: 11.2%
This occupation is projected to grow at 1.1% annually, indicating strong future demand.
Historical employment trends and future projections for Real Estate Brokers.
Industry
Information on the industries that employ Real Estate Brokers and on wages for those in the field.
Occupations by Industries
This graphic shows the share of Real Estate Brokers employed by various industries.
Industry distribution for Real Estate Brokers.
Wage Trends by Industry
6.2% Average Annual Wage Growth Rate
Historical wage growth trends by industry for Real Estate Brokers.
Geographic Distribution
Employment and wage information by geographic location for Real Estate Brokers.
Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).
Top States by Employment
Top States by Employment:
- CA: 4,330 employees, $106,057 avg wage
Top 10 states by employment for Real Estate Brokers.
Top Metropolitan Areas
Top Metropolitan Areas:
- Los Angeles-Long Beach-Glendale MD: 2,370 employees, $104,303 avg wage
- Anaheim-Santa Ana-Irvine MD: 1,310 employees, $99,239 avg wage
- San Francisco-San Mateo-Redwood City MD: 260 employees, $144,084 avg wage
- Oakland-Fremont-Berkeley MD: 190 employees, $125,722 avg wage
- Bakersfield-Delano MSA: 150 employees, $102,660 avg wage
- Vallejo MSA: 50 employees, $105,513 avg wage
Top 10 metropolitan statistical areas by employment for Real Estate Brokers.
Diversity
Demographic information on Real Estate Brokers in the US.
Gender and Age
The workforce of Real Estate Brokers in 2023 was 49,590 people, with 62.0% women and 38.0% men.
Gender and age distribution for Real Estate Brokers.
Races
Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.
Race and ethnicity distribution for Real Estate Brokers.
Education & Skills
Data on higher education choices and required skills for Real Estate Brokers.
Majors
The most common majors achieved by Real Estate Brokers in 2023 were Business Administration, Business, Social Sciences.
Common majors for Real Estate Brokers.
Education Levels
The main educational levels achieved by Real Estate Brokers workers.
Education level distribution for Real Estate Brokers.
Skills
Real Estate Brokers need many skills, but most especially Speaking, Critical Thinking, Reading Comprehension, Active Listening, Active Learning.
Required skills for Real Estate Brokers.
Knowledge & Abilities
Knowledge areas and abilities required for Real Estate Brokers.
Knowledge Areas
The most important knowledge areas for Real Estate Brokers include Sales and Marketing, Customer and Personal Service, English Language, Law and Government, Administration and Management.
Knowledge areas required for Real Estate Brokers.
Abilities
Key abilities needed for Real Estate Brokers include Oral Comprehension, Written Comprehension, Oral Expression, Near Vision, Speech Recognition.
Required abilities for Real Estate Brokers.
Work Activities
Common work activities performed by Real Estate Brokers.
Daily Activities
Real Estate Brokers spend their time on activities such as Getting Information, Establishing and Maintaining Interpersonal Relationships, Updating and Using Relevant Knowledge, Working with Computers, Organizing, Planning, and Prioritizing Work.
Most important work activities for Real Estate Brokers.
About
Real Estate Brokers
The average yearly wage for Real Estate Brokers was $115,482 in 2023.
SOC Code
41-9021 - Real Estate Brokers
Insights and Analysis
High earnings profile: Real Estate Brokers reports an average salary of $115,482, placing it among stronger-paying occupations.
Labor market presence: The current workforce is approximately 49,590 workers, indicating sustained demand.
Forward outlook: Projected annual growth is 1.1%, which should inform long-term career planning.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.
All wage figures represent annual averages and may vary by location, industry, and experience level.