The annual salary statistics of real estate brokers in New York-Northern New Jersey-Long Island, New York is shown in Table 1. The wage information of real estate brokers in New York-Northern New Jersey-Long Island 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 | $49,280 |
| 25th Percentile Wage | $49,280 |
| 50th Percentile Wage | $78,010 |
| 75th Percentile Wage | $108,520 |
| 90th Percentile Wage | $202,830 |
Table 1 shows the average annual salary for real estate brokers in New York-Northern New Jersey-Long Island, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $202,830. The median (50th percentile) annual salary is $78,010. The average annual salary for the bottom 10 percent earners is $49,280.
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 | $78,010 | -55.58% | -30.60% |
| 2020 | $121,370 | 12.12% | - |
| 2019 | $106,660 | 25.03% | - |
| 2018 | $79,960 | 7.42% | - |
| 2017 | $74,030 | -13.66% | - |
| 2016 | $84,140 | 1.87% | - |
| 2015 | $82,570 | -18.99% | - |
| 2014 | $98,250 | -5.16% | - |
| 2013 | $103,320 | 1.39% | - |
| 2012 | $101,880 | - | - |
From Table 3 we note that the median annual salary of $78,010 in New York-Northern New Jersey-Long Island is in the middle of salary range for real estate brokers in state of New York. In comparison, the annual salary of real estate brokers in New York-Northern New Jersey-Long Island is 16.4 percent (16.4%) lower than that in the highest paying New York-White Plains-Wayne and 42.7 percent (42.7%) higher than that in the lowest paying Syracuse.
| Cities/Areas | Median Annual Salary |
|---|---|
| New York-White Plains-Wayne | |
| Capital-Northern New York nonmetropolitan area | |
| New York-Northern New Jersey-Long Island | |
| Rochester | |
| Utica-Rome | |
| Albany-Schenectady-Troy | |
| Kingston | |
| Nassau-Suffolk | |
| Buffalo-Niagara Falls | |
| Syracuse |