The annual salary statistics of real estate brokers in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois is shown in Table 1. The wage data of real estate brokers in Chicago-Joliet-Naperville (IL-IN-WI Area) 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 | $40,000 |
| 25th Percentile Wage | $48,990 |
| 50th Percentile Wage | $63,300 |
| 75th Percentile Wage | $169,810 |
| 90th Percentile Wage | $173,000 |
Table 1 shows the average annual salary for real estate brokers in Chicago-Joliet-Naperville (IL-IN-WI Area), Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $173,000. The median (50th percentile) annual salary is $63,300. The average annual salary for the bottom 10 percent earners is $40,000.
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 | 10-Year Growth |
|---|---|---|---|
| 2022 | $63,300 | 26.95% | 15.45% |
| 2021 | $46,240 | 55.93% | - |
| 2020 | $20,380 | -42.93% | - |
| 2019 | $29,130 | -79.40% | - |
| 2018 | $52,260 | -0.59% | - |
| 2017 | $52,570 | -4.13% | - |
| 2016 | $54,740 | 5.37% | - |
| 2015 | $51,800 | -16.02% | - |
| 2014 | $60,100 | 2.10% | - |
| 2013 | $58,840 | 9.04% | - |
| 2012 | $53,520 | - | - |
From Table 3 we note that the median annual salary of $63,300 in Chicago-Joliet-Naperville (IL-IN-WI Area) is in the middle of salary range for real estate brokers in state of Illinois. In comparison, the annual salary of real estate brokers in Chicago-Joliet-Naperville (IL-IN-WI Area) is 40.4 percent (40.4%) lower than that in the highest paying Bloomington-Normal and 22.5 percent (22.5%) higher than that in the lowest paying Chicago-Joliet-Naperville (IL Metropolitan Division).
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington-Normal | |
| Peoria | |
| Chicago-Joliet-Naperville (IL-IN-WI Area) | |
| Chicago-Joliet-Naperville (IL Metropolitan Division) |