The highest-paying states for real estate brokers (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of real estate brokers in those states are also shown in the table. As shown in the table, with an annual salary of $180,470, District of Columbia is the highest paying state for real estate brokers. It is followed by New Jersey (average annual salary $98,550). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2023 [1]. For more salary information of real estate brokers in a specific state, use the links in the table.
| Rank | State | Average Salary i | Entry Level Salary i |
# of Empl. i |
|---|---|---|---|---|
| 1 | District of Columbia | $180,470 |
$58,480 | 260 |
| 2 | New Jersey | $98,550 |
$52,560 | 220 |
| 3 | West Virginia | $98,470 |
$32,610 | 120 |
| 4 | Connecticut | $88,820 |
$54,950 | 100 |
| 5 | New Hampshire | $82,040 |
$42,040 | 30 |
| 6 | Kansas | $82,000 |
$25,540 | 300 |
| 7 | Wisconsin | $81,110 |
$46,990 | 520 |
| 8 | South Dakota | $80,220 |
$49,450 | 50 |
| 9 | Nevada | $79,750 |
$36,880 | 330 |
| 10 | North Dakota | $78,630 |
$37,920 | 40 |
| 11 | Arkansas | $78,530 |
$24,870 | 290 |
| 12 | Colorado | $77,740 |
$38,290 | 4,270 |
| 13 | California | $77,340 |
$39,960 | 11,410 |
| 14 | Vermont | $77,200 |
$43,680 | 110 |
| 15 | Maryland | $76,920 |
$37,020 | 780 |
| 16 | South Carolina | $76,920 |
$30,470 | 1,310 |
| 17 | North Carolina | $76,810 |
$41,460 | 2,980 |
| 18 | Pennsylvania | $76,290 |
$48,460 | 1,470 |
| 19 | Minnesota | $75,340 |
$44,990 | 670 |
| 20 | Massachusetts | $73,280 |
$73,280 | 1,170 |
| 21 | Texas | $72,460 |
$26,780 | 2,340 |
| 22 | Washington | $70,500 |
$49,120 | 840 |
| 23 | Alaska | $68,340 |
$46,260 | 250 |
| 24 | New York | $66,860 |
$49,280 | 2,530 |
| 25 | Arizona | $66,680 |
$24,980 | 2,100 |
| 26 | Nebraska | $65,520 |
$35,980 | 310 |
| 27 | Mississippi | $65,010 |
$17,220 | 200 |
| 28 | New Mexico | $64,920 |
$27,860 | 360 |
| 29 | Ohio | $63,590 |
$27,660 | 590 |
| 30 | Rhode Island | $63,330 |
$43,410 | 70 |
| 31 | Kentucky | $62,190 |
$17,250 | 310 |
| 32 | Illinois | $60,860 |
$40,000 | 1,260 |
| 33 | Virginia | $60,560 |
$32,140 | 1,440 |
| 34 | Iowa | $59,800 |
$33,920 | 540 |
| 35 | Wyoming | $59,610 |
$37,820 | 30 |
| 36 | Alabama | $58,900 |
$37,250 | 490 |
| 37 | Delaware | $57,800 |
$37,870 | 140 |
| 38 | Michigan | $57,470 |
$42,350 | 990 |
| 39 | Louisiana | $55,090 |
$37,910 | 1,030 |
| 40 | Georgia | $54,650 |
$15,610 | 530 |
| 41 | Tennessee | $52,380 |
$23,290 | 940 |
| 42 | Hawaii | $49,440 |
$24,630 | 360 |
| 43 | Oregon | $48,330 |
$31,060 | 1,200 |
| 44 | Indiana | $47,480 |
$22,250 | 950 |
| 45 | Utah | $47,390 |
$29,810 | 750 |
| 46 | Maine | $46,380 |
$32,500 | 570 |
| 47 | Missouri | $44,480 |
$23,150 | 1,540 |
| 48 | Florida | $38,920 |
$26,740 | 3,090 |
| 49 | Montana | $38,210 |
$21,780 | 270 |
| 50 | Idaho | $32,010 |
$16,570 | 120 |
| 51 | Oklahoma | $30,600 |
$18,780 | 650 |
| 52 | Puerto Rico | $30,400 |
$26,090 | 60 |