The annual salary statistics of real estate brokers in Reno-Sparks, Nevada is shown in Table 1. The wage information of real estate brokers in Reno-Sparks 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 | $26,600 |
| 25th Percentile Wage | $75,070 |
| 50th Percentile Wage | $81,950 |
| 75th Percentile Wage | $87,490 |
| 90th Percentile Wage | $130,710 |
Table 1 shows the average annual salary for real estate brokers in Reno-Sparks, Nevada in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,710. The median (50th percentile) annual salary is $81,950. The average annual salary for the bottom 10 percent earners is $26,600.
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 | $81,950 | 25.30% | 41.71% |
| 2019 | $61,220 | 12.17% | - |
| 2018 | $53,770 | -1.75% | - |
| 2017 | $54,710 | 12.69% | - |
| 2016 | $47,770 | -59.72% | - |
| 2014 | $76,300 | 37.39% | - |
| 2012 | $47,770 | - | - |
From Table 3 we note that with a median annual salary of $81,950, Reno-Sparks is the highest paying city for real estate brokers in state of Nevada, followed by Las Vegas-Paradise (median annual salary $79,660). In comparison, the median annual salary of real estate brokers in Reno-Sparks is 2.8 percent (2.8%) higher than that in Las Vegas-Paradise.
| Cities/Areas | Median Annual Salary |
|---|---|
| Reno-Sparks | |
| Las Vegas-Paradise |