The annual salary statistics of real estate brokers in Los Angeles-Long Beach-Glendale, California is shown in Table 1. The wage data of real estate brokers in Los Angeles-Long Beach-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 | $21,150 |
| 25th Percentile Wage | $24,910 |
| 50th Percentile Wage | $43,790 |
| 75th Percentile Wage | $65,770 |
| 90th Percentile Wage | $124,900 |
Table 1 shows the average annual salary for real estate brokers in Los Angeles-Long Beach-Glendale, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,900. The median (50th percentile) annual salary is $43,790. The average annual salary for the bottom 10 percent earners is $21,150.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $43,790 | -26.35% | -114.73% |
| 2016 | $55,330 | -1.68% | - |
| 2015 | $56,260 | -18.29% | - |
| 2014 | $66,550 | -56.74% | - |
| 2013 | $104,310 | 9.86% | - |
| 2012 | $94,030 | - | - |
From Table 3 we note that with a median annual salary of $43,790, Los Angeles-Long Beach-Glendale is the lowest paying city for real estate brokers in state of California, following city of Santa Rosa-Petaluma (median annual salary of $163,180). In comparison, the median annual salary of real estate brokers in Los Angeles-Long Beach-Glendale is 73.2 percent (73.2%) lower than that in the highest paying city Santa Rosa-Petaluma.