The annual salary statistics of real estate sales agents in Norwich-New London, Rhode Island is shown in Table 1. The wage data of real estate sales agents in Norwich-New London 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 | $34,930 |
| 25th Percentile Wage | $38,410 |
| 50th Percentile Wage | $48,870 |
| 75th Percentile Wage | $70,140 |
| 90th Percentile Wage | $143,100 |
Table 1 shows the average annual salary for real estate sales agents in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $143,100. The median (50th percentile) annual salary is $48,870. The average annual salary for the bottom 10 percent earners is $34,930.
The table and chart below show the trend of the median salary of real estate sales agents from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $48,870 | 4.54% | 29.04% |
| 2020 | $46,650 | 3.60% | - |
| 2019 | $44,970 | 22.46% | - |
| 2018 | $34,870 | 0.29% | - |
| 2016 | $34,770 | -1.50% | - |
| 2015 | $35,290 | 1.19% | - |
| 2014 | $34,870 | -4.19% | - |
| 2013 | $36,330 | 4.54% | - |
| 2012 | $34,680 | - | - |
From Table 3 we note that with a median annual salary of $48,870, Norwich-New London is the second highest paying city for real estate sales agents in state of Rhode Island, following the highest paying city Providence-Fall River-Warwick (median annual salary of $52,000). Compared with Providence-Fall River-Warwick, the median annual salary of real estate sales agents in Norwich-New London is 6.0 percent (6.0%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |