The annual salary statistics of real estate sales agents in Lafayette-West Lafayette, Indiana is shown in Table 1. The wage data of real estate sales agents in Lafayette-West Lafayette 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 | $19,030 |
| 25th Percentile Wage | $31,980 |
| 50th Percentile Wage | $48,270 |
| 75th Percentile Wage | $77,160 |
| 90th Percentile Wage | $122,540 |
Table 1 shows the average annual salary for real estate sales agents in Lafayette-West Lafayette, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $122,540. The median (50th percentile) annual salary is $48,270. The average annual salary for the bottom 10 percent earners is $19,030.
The table and chart below show the trend of the median salary of real estate sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,270 | 19.95% | 49.04% |
| 2021 | $38,640 | 15.89% | - |
| 2020 | $32,500 | -13.32% | - |
| 2019 | $36,830 | 19.17% | - |
| 2018 | $29,770 | -9.30% | - |
| 2017 | $32,540 | 24.40% | - |
| 2016 | $24,600 | -11.54% | - |
| 2015 | $27,440 | 10.35% | - |
| 2012 | $24,600 | - | - |
From Table 3 we note that the median annual salary of $48,270 in Lafayette-West Lafayette is in the middle of salary range for real estate sales agents in state of Indiana. In comparison, the annual salary of real estate sales agents in Lafayette-West Lafayette is 24.6 percent (24.6%) lower than that in the highest paying Gary and 45.2 percent (45.2%) higher than that in the lowest paying Lafayette.
| Cities/Areas | Median Annual Salary |
|---|---|
| Gary | |
| Southern Indiana nonmetropolitan area | |
| Northern Indiana nonmetropolitan area | |
| Bloomington | |
| Indianapolis-Carmel | |
| Lafayette-West Lafayette | |
| Elkhart-Goshen | |
| Fort Wayne | |
| Muncie | |
| Terre Haute | |
| Central Indiana nonmetropolitan area | |
| Lafayette |