The annual salary statistics of real estate brokers in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage data of real estate brokers in Phoenix-Mesa-Glendale 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 | $38,210 |
| 25th Percentile Wage | $50,970 |
| 50th Percentile Wage | $80,190 |
| 75th Percentile Wage | $125,250 |
| 90th Percentile Wage | $166,080 |
Table 1 shows the average annual salary for real estate brokers in Phoenix-Mesa-Glendale, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,080. The median (50th percentile) annual salary is $80,190. The average annual salary for the bottom 10 percent earners is $38,210.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $80,190 | 13.21% | 42.61% |
| 2020 | $69,600 | 19.60% | - |
| 2019 | $55,960 | -10.63% | - |
| 2018 | $61,910 | 15.22% | - |
| 2017 | $52,490 | 40.60% | - |
| 2016 | $31,180 | 1.64% | - |
| 2015 | $30,670 | -125.43% | - |
| 2013 | $69,140 | 33.44% | - |
| 2012 | $46,020 | - | - |
From Table 3 we note that the median annual salary of $80,190 in Phoenix-Mesa-Glendale is in the middle of salary range for real estate brokers in state of Arizona. In comparison, the annual salary of real estate brokers in Phoenix-Mesa-Glendale is 46.6 percent (46.6%) lower than that in the highest paying Lake Havasu City-Kingman and 76.2 percent (76.2%) higher than that in the lowest paying Flagstaff.
| Cities/Areas | Median Annual Salary |
|---|---|
| Lake Havasu City-Kingman | |
| North Arizona nonmetropolitan area | |
| Phoenix-Mesa-Glendale | |
| Tucson | |
| Prescott | |
| Flagstaff |