The annual salary statistics of real estate brokers in Newark-Union, Pennsylvania is shown in Table 1. The wage data of real estate brokers in Newark-Union 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 | $18,700 |
| 25th Percentile Wage | $70,000 |
| 50th Percentile Wage | $110,670 |
| 75th Percentile Wage | $125,950 |
| 90th Percentile Wage | $157,900 |
Table 1 shows the average annual salary for real estate brokers in Newark-Union, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,900. The median (50th percentile) annual salary is $110,670. The average annual salary for the bottom 10 percent earners is $18,700.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $110,670 | 0.54% | 5.70% |
| 2016 | $110,070 | 14.90% | - |
| 2015 | $93,670 | 0.44% | - |
| 2014 | $93,260 | -3.91% | - |
| 2013 | $96,910 | -7.69% | - |
| 2012 | $104,360 | - | - |
From Table 3 we note that with a median annual salary of $110,670, Newark-Union is the highest paying city for real estate brokers in state of Pennsylvania, followed by Far Western Pennsylvania nonmetropolitan area (median annual salary $107,350). In comparison, the median annual salary of real estate brokers in Newark-Union is 3.0 percent (3.0%) higher than that in Far Western Pennsylvania nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Newark-Union | |
| Far Western Pennsylvania nonmetropolitan area | |
| Harrisburg-Carlisle | |
| Philadelphia-Camden-Wilmington | |
| Northeastern Pennsylvania nonmetropolitan area | |
| Pittsburgh | |
| Philadelphia | |
| Scranton--Wilkes-Barre |