The annual salary statistics of real estate sales agents in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of real estate sales agents in Mankato-North Mankato 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 | $30,470 |
| 25th Percentile Wage | $31,550 |
| 50th Percentile Wage | $36,330 |
| 75th Percentile Wage | $43,390 |
| 90th Percentile Wage | $140,170 |
Table 1 shows the average annual salary for real estate sales agents in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $140,170. The median (50th percentile) annual salary is $36,330. The average annual salary for the bottom 10 percent earners is $30,470.
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 | $36,330 | 0.94% | 23.42% |
| 2021 | $35,990 | 9.78% | - |
| 2020 | $32,470 | 14.32% | - |
| 2016 | $27,820 | 0.00% | - |
| 2012 | $27,820 | - | - |
From Table 3 we note that the median annual salary of $36,330 in Mankato-North Mankato is in the middle of salary range for real estate sales agents in state of Minnesota. In comparison, the annual salary of real estate sales agents in Mankato-North Mankato is 19.7 percent (19.7%) lower than that in the highest paying Northwest Minnesota nonmetropolitan area and 13.5 percent (13.5%) higher than that in the lowest paying Rochester.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northwest Minnesota nonmetropolitan area | |
| Southwest Minnesota nonmetropolitan area | |
| St Cloud | |
| Mankato-North Mankato | |
| Southeast Minnesota nonmetropolitan area | |
| Rochester |