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.Salary by State
| State Name | Employment | Annual Salary | Hourly Salary | |
|---|---|---|---|---|
| Alabama | 300 | $67,060 | $32.24 | |
| Alaska | 150 | $61,290 | $29.47 | |
| Arkansas | $67,560 | $32.48 | ||
| California | 9,280 | $117,820 | $56.65 | |
| Colorado | 3,700 | $83,410 | $40.10 | |
| Delaware | 100 | $58,040 | $27.91 | |
| District of Columbia | 370 | $112,650 | $54.16 | |
| Georgia | 530 | $76,090 | $36.58 | |
| Hawaii | 350 | $116,290 | $55.91 | |
| Idaho | 120 | $52,300 | $25.14 | |
| Illinois | 1,360 | $60,010 | $28.85 | |
| Indiana | 850 | $50,190 | $24.13 | |
| Iowa | 330 | $52,120 | $25.06 | |
| Kansas | $83,570 | $40.18 | ||
| Kentucky | 350 | $51,770 | $24.89 | |
| Louisiana | $52,460 | $25.22 | ||
| Maryland | 780 | $94,980 | $45.66 | |
| Massachusetts | 740 | $79,690 | $38.31 | |
| Michigan | 790 | $57,720 | $27.75 | |
| Minnesota | 1,500 | $71,190 | $34.22 | |
| Mississippi | 180 | $88,300 | $42.45 | |
| Missouri | 510 | $51,520 | $24.77 | |
| Montana | 230 | $104,030 | $50.02 | |
| Nebraska | 310 | $148,820 | $71.55 | |
| Nevada | 330 | $70,930 | $34.10 | |
| New Hampshire | 70 | $81,530 | $39.20 | |
| New Mexico | 290 | $73,470 | $35.32 | |
| New York | 4,060 | $84,760 | $40.75 | |
| North Carolina | 2,120 | $85,680 | $41.19 | |
| North Dakota | $81,110 | $39.00 | ||
| Ohio | 510 | $61,790 | $29.71 | |
| Oklahoma | $41,280 | $19.84 | ||
| Oregon | 1,290 | $102,750 | $49.40 | |
| Pennsylvania | 690 | $90,200 | $43.37 | |
| South Carolina | 710 | $87,210 | $41.93 | |
| South Dakota | 50 | $82,930 | $39.87 | |
| Tennessee | 830 | $83,000 | $39.91 | |
| Utah | $56,740 | $27.28 | ||
| Vermont | 80 | $94,230 | $45.30 | |
| Virginia | 1,580 | $75,330 | $36.22 | |
| Washington | 840 | $90,290 | $43.41 | |
| West Virginia | 170 | $49,590 | $23.84 | |
| Wisconsin | 460 | $80,820 | $38.86 |
Education
The programs listed below are typically the education paths that can land you this kind of job.
A program that prepares individuals to create and redevelop housing, offices, retail centers, and industrial sites. Includes instruction in architectural design and construction, historic preservation, landscape architecture, urban planning and design, business, real estate and land use law, public policy, and engineering.
A program that prepares individuals to develop, buy, sell, appraise, and manage real estate. Includes instruction in land use development policy, real estate law, real estate marketing procedures, agency management, brokerage, property inspection and appraisal, real estate investing, leased and rental properties, commercial real estate, and property management.
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$86,490 per yearNational average salaryModerateJob growth rate
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High school diploma or equivalentTypical education requirement
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Less than 5 yearsTypical experience requirement
Educational Attainment
The following chart shows the highest education level completed by those working as real estate brokers.
- Less than high school 1%
- High school graduate 12%
- College dropout 26%
- Associate’s degree 10%
- Bachelor’s degree 38%
- Master’s degree 10%
- Doctorate degree 2%
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