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Real Estate Brokers Salary Information in New York

The average annual and hourly salaries for real estate brokers in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of real estate brokers among New York metropolitan 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,620
25th Percentile Wage
$49,830
50th Percentile Wage
$69,820
75th Percentile Wage
$116,110
90th Percentile Wage
$194,360

Table 1 shows the average annual salary for real estate brokers in New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $194,360. The median (50th percentile) annual salary is $69,820. The average annual salary for the bottom 10 percent is $40,620.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$69,820
-15.97% -29.91%
2016
$80,970
1.63% -
2015
$79,650
-16.67% -
2014
$92,930
-0.49% -
2013
$93,390
2.88% -
2012
$90,700
- -

Table 3. Median Annual Salary of Real Estate Brokers in New York Cities

Table 3 shows the median annual salary of real estate brokers in some New York cities and metropolitan areas. We note that the median annual salary of real estate brokers in state of New York ranges from $48,680 to $93,320. The highest paying area for real estate brokers in New York is New York-White Plains-Wayne with a median annual salary of $93,320. The second highest paying city/area in New York State is Capital-Northern New York nonmetropolitan area (mean annual salary $88,790). The lowest paying area is Nassau-Suffolk with a median annual salary of $48,680.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$93,320
Capital-Northern New York nonmetropolitan area
$88,790
New York-Northern New Jersey-Long Island
$74,030
Syracuse
$72,380
Buffalo-Niagara Falls
$70,590
Albany-Schenectady-Troy
$62,250
Nassau-Suffolk
$48,680




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