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Real Estate Brokers Salary Information in Minnesota

The average annual and hourly salaries for real estate brokers in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of real estate brokers amongst Minnesota areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Real Estate Brokers in Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$34,040
25th Percentile Wage
$48,670
50th Percentile Wage
$74,240
75th Percentile Wage
$88,510
90th Percentile Wage
$101,650

Table 1 shows the average annual salary for real estate brokers in Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $101,650. The median (50th percentile) annual salary is $74,240. The average annual salary for the bottom 10 percent is $34,040.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$16.36
25th Percentile Wage
$23.40
50th Percentile Wage
$35.69
75th Percentile Wage
$42.55
90th Percentile Wage
$48.87

Table 2 shows the average hourly salary for real estate brokers in Minnesota in 5 percentile scales. The average hourly salary for the 90th percentile is $48.87. The median hourly salary is $35.69. The average hourly salary for the bottom 10 percent is $16.36.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of real estate brokers from 2012 to 2016. Note that there is no salary data for some years between 2012 and 2016.

YearMedian Salary Growth4-Year Growth
201674,24012.88%33.16%
201564,68023.28%-
201249,620--


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