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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 amongst New York 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 New York

Percentile BracketAverage Annual Salary
10th Percentile Wage
$45,920
25th Percentile Wage
$58,810
50th Percentile Wage
$80,970
75th Percentile Wage
$130,980
90th Percentile Wage
No Data

Table 1 shows the average annual salary for real estate brokers in New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $130,980. The median (50th percentile) annual salary is $80,970. The average annual salary for the bottom 10 percent is $45,920.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$22.08
25th Percentile Wage
$28.27
50th Percentile Wage
$38.93
75th Percentile Wage
$62.97
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for real estate brokers in New York in 5 percentile scales. The average hourly salary for the 75th percentile wage is $62.97. The median hourly salary is $38.93. The average hourly salary for the bottom 10 percent is $22.08.

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.

YearMedian SalaryYearly Growth4-Year Growth
201680,9701.63%-12.02%
201579,650-16.67%-
201492,930-0.49%-
201393,3902.88%-
201290,700--

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 $62,250 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 New York-Northern New Jersey-Long Island (mean annual salary $84,140). The lowest paying area is Albany-Schenectady-Troy with a median annual salary of $62,250.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$93,320
New York-Northern New Jersey-Long Island
$84,140
Albany-Schenectady-Troy
$62,250


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