The annual salary statistics of real estate brokers in Des Moines-West Des Moines, Iowa is shown in Table 1. The wage data of real estate brokers in Des Moines-West Des Moines 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 | $35,440 |
| 25th Percentile Wage | $35,440 |
| 50th Percentile Wage | $60,410 |
| 75th Percentile Wage | $112,030 |
| 90th Percentile Wage | $153,050 |
Table 1 shows the average annual salary for real estate brokers in Des Moines-West Des Moines, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $153,050. The median (50th percentile) annual salary is $60,410. The average annual salary for the bottom 10 percent earners is $35,440.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $60,410 | 0.08% | 25.28% |
| 2021 | $60,360 | 19.57% | - |
| 2020 | $48,550 | 4.28% | - |
| 2019 | $46,470 | 2.86% | - |
| 2018 | $45,140 | - | - |
From Table 3 we note that with a median annual salary of $60,410, Des Moines-West Des Moines is the highest paying city for real estate brokers in state of Iowa, followed by Cedar Rapids (median annual salary $58,580). In comparison, the median annual salary of real estate brokers in Des Moines-West Des Moines is 3.0 percent (3.0%) higher than that in Cedar Rapids.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Davenport-Moline-Rock Island |