The annual salary statistics of real estate sales agents in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage statistics of real estate sales agents 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 | $33,790 |
| 25th Percentile Wage | $37,960 |
| 50th Percentile Wage | $58,440 |
| 75th Percentile Wage | $64,130 |
| 90th Percentile Wage | $120,000 |
Table 1 shows the average annual salary for real estate sales agents 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 $120,000. The median (50th percentile) annual salary is $58,440. The average annual salary for the bottom 10 percent earners is $33,790.
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 | $58,440 | 19.18% | 51.40% |
| 2021 | $47,230 | 19.25% | - |
| 2020 | $38,140 | -2.15% | - |
| 2019 | $38,960 | -53.57% | - |
| 2018 | $59,830 | 12.64% | - |
| 2017 | $52,270 | -4.88% | - |
| 2016 | $54,820 | 39.35% | - |
| 2015 | $33,250 | 9.98% | - |
| 2014 | $29,930 | -3.98% | - |
| 2013 | $31,120 | 8.74% | - |
| 2012 | $28,400 | - | - |
From Table 3 we note that the median annual salary of $58,440 in Phoenix-Mesa-Glendale is in the middle of salary range for real estate sales agents in state of Arizona. In comparison, the annual salary of real estate sales agents in Phoenix-Mesa-Glendale is 21.3 percent (21.3%) lower than that in the highest paying North Arizona nonmetropolitan area and 49.5 percent (49.5%) higher than that in the lowest paying Southeast Arizona nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| North Arizona nonmetropolitan area | |
| Prescott | |
| Flagstaff | |
| Phoenix-Mesa-Glendale | |
| Lake Havasu City-Kingman | |
| Yuma | |
| Tucson | |
| Sierra Vista-Douglas | |
| Southeast Arizona nonmetropolitan area |