The annual salary statistics of real estate brokers in Philadelphia-Camden-Wilmington, Pennsylvania is shown in Table 1. The wage data of real estate brokers in Philadelphia-Camden-Wilmington 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 | $63,070 |
| 25th Percentile Wage | $67,070 |
| 50th Percentile Wage | $88,120 |
| 75th Percentile Wage | $130,200 |
| 90th Percentile Wage | $186,440 |
Table 1 shows the average annual salary for real estate brokers in Philadelphia-Camden-Wilmington, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $186,440. The median (50th percentile) annual salary is $88,120. The average annual salary for the bottom 10 percent earners is $63,070.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $88,120 | 33.52% | -22.00% |
| 2017 | $58,580 | 2.17% | - |
| 2016 | $57,310 | -3.63% | - |
| 2015 | $59,390 | -34.03% | - |
| 2014 | $79,600 | -23.45% | - |
| 2013 | $98,270 | -9.40% | - |
| 2012 | $107,510 | - | - |
From Table 3 we note that the median annual salary of $88,120 in Philadelphia-Camden-Wilmington is in the middle of salary range for real estate brokers in state of Pennsylvania. In comparison, the annual salary of real estate brokers in Philadelphia-Camden-Wilmington is 20.4 percent (20.4%) lower than that in the highest paying Newark-Union and 33.9 percent (33.9%) higher than that in the lowest paying Scranton--Wilkes-Barre.
| 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 |