The annual salary statistics of real estate brokers in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage data of real estate brokers in West Palm Beach-Boca Raton-Boynton Beach 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 | $39,900 |
| 25th Percentile Wage | $45,050 |
| 50th Percentile Wage | $56,400 |
| 75th Percentile Wage | $107,200 |
| 90th Percentile Wage | $126,860 |
Table 1 shows the average annual salary for real estate brokers in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,860. The median (50th percentile) annual salary is $56,400. The average annual salary for the bottom 10 percent earners is $39,900.
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 | $56,400 | 7.13% | 7.13% |
| 2016 | $52,380 | -13.78% | - |
| 2015 | $59,600 | -117.42% | - |
| 2013 | $129,580 | 59.58% | - |
| 2012 | $52,380 | - | - |
From Table 3 we note that the median annual salary of $56,400 in West Palm Beach-Boca Raton-Boynton Beach is in the middle of salary range for real estate brokers in state of Florida. In comparison, the annual salary of real estate brokers in West Palm Beach-Boca Raton-Boynton Beach is 69.0 percent (69.0%) lower than that in the highest paying Port St Lucie and 32.6 percent (32.6%) higher than that in the lowest paying Panama City-Lynn Haven-Panama City Beach.