The annual salary statistics of real estate sales agents in Birmingham-Hoover, Alabama is shown in Table 1. The wage information of real estate sales agents in Birmingham-Hoover is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $35,520 |
| 25th Percentile Wage | $42,660 |
| 50th Percentile Wage | $51,840 |
| 75th Percentile Wage | $73,150 |
| 90th Percentile Wage | $75,880 |
Table 1 shows the average annual salary for real estate sales agents in Birmingham-Hoover, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,880. The median (50th percentile) annual salary is $51,840. The average annual salary for the bottom 10 percent earners is $35,520.
The table and chart below show the trend of the median salary of real estate sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $51,840 | 6.27% | -14.12% |
| 2021 | $48,590 | -7.00% | - |
| 2020 | $51,990 | -1.73% | - |
| 2019 | $52,890 | -1.21% | - |
| 2018 | $53,530 | -18.63% | - |
| 2017 | $63,500 | 5.91% | - |
| 2016 | $59,750 | 7.00% | - |
| 2015 | $55,570 | 14.05% | - |
| 2014 | $47,760 | -13.21% | - |
| 2013 | $54,070 | -9.41% | - |
| 2012 | $59,160 | - | - |
From Table 3 we note that the median annual salary of $51,840 in Birmingham-Hoover is in the middle of salary range for real estate sales agents in state of Alabama. In comparison, the annual salary of real estate sales agents in Birmingham-Hoover is 28.0 percent (28.0%) lower than that in the highest paying Montgomery and 31.2 percent (31.2%) higher than that in the lowest paying Southwest Alabama nonmetropolitan area.