The annual salary statistics of real estate brokers in Baltimore-Towson, Maryland is shown in Table 1. The wage information of real estate brokers in Baltimore-Towson 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 | $36,230 |
| 25th Percentile Wage | $41,280 |
| 50th Percentile Wage | $77,140 |
| 75th Percentile Wage | $82,950 |
| 90th Percentile Wage | $171,260 |
Table 1 shows the average annual salary for real estate brokers in Baltimore-Towson, Maryland in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $171,260. The median (50th percentile) annual salary is $77,140. The average annual salary for the bottom 10 percent earners is $36,230.
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 | $77,140 | 0.29% | 8.54% |
| 2021 | $76,920 | -5.46% | - |
| 2020 | $81,120 | 21.87% | - |
| 2018 | $63,380 | -11.49% | - |
| 2014 | $70,660 | -5.41% | - |
| 2013 | $74,480 | 5.28% | - |
| 2012 | $70,550 | - | - |
From Table 3 we note that with a median annual salary of $77,140, Baltimore-Towson is the second highest paying city for real estate brokers in state of Maryland, following the highest paying city Bethesda-Rockville-Frederick (median annual salary of $106,270). Compared with Bethesda-Rockville-Frederick, the median annual salary of real estate brokers in Baltimore-Towson is 27.4 percent (27.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bethesda-Rockville-Frederick | |
| Baltimore-Towson | |
| Salisbury |