The annual salary statistics of real estate brokers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of real estate brokers in Indianapolis-Carmel 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 | $57,960 |
| 25th Percentile Wage | $77,330 |
| 50th Percentile Wage | $129,290 |
| 75th Percentile Wage | $152,970 |
| 90th Percentile Wage | $169,010 |
Table 1 shows the average annual salary for real estate brokers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $169,010. The median (50th percentile) annual salary is $129,290. The average annual salary for the bottom 10 percent earners is $57,960.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2019 | $129,290 | 6.83% | 24.05% |
| 2018 | $120,460 | 53.42% | - |
| 2016 | $56,110 | 59.62% | - |
| 2015 | $22,660 | -344.44% | - |
| 2014 | $100,710 | 2.49% | - |
| 2013 | $98,200 | - | - |
From Table 3 we note that with a median annual salary of $129,290, Indianapolis-Carmel is the highest paying city for real estate brokers in state of Indiana, followed by Elkhart-Goshen (median annual salary $76,020). In comparison, the median annual salary of real estate brokers in Indianapolis-Carmel is 41.2 percent (41.2%) higher than that in Elkhart-Goshen.
| Cities/Areas | Median Annual Salary |
|---|---|
| Indianapolis-Carmel | |
| Elkhart-Goshen | |
| Gary | |
| Southern Indiana nonmetropolitan area | |
| Fort Wayne |