The annual salary statistics of real estate sales agents in Nashville-Davidson--Murfreesboro--Franklin, Tennessee is shown in Table 1. The wage statistics of real estate sales agents in Nashville-Davidson--Murfreesboro--Franklin 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 | $17,860 |
| 25th Percentile Wage | $24,530 |
| 50th Percentile Wage | $36,030 |
| 75th Percentile Wage | $42,250 |
| 90th Percentile Wage | $61,360 |
Table 1 shows the average annual salary for real estate sales agents in Nashville-Davidson--Murfreesboro--Franklin, Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $61,360. The median (50th percentile) annual salary is $36,030. The average annual salary for the bottom 10 percent earners is $17,860.
The table and chart below show the trend of the median salary of real estate sales agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $36,030 | 12.43% | 13.60% |
| 2021 | $31,550 | -19.30% | - |
| 2020 | $37,640 | 3.27% | - |
| 2019 | $36,410 | -14.72% | - |
| 2018 | $41,770 | 27.58% | - |
| 2017 | $30,250 | -49.72% | - |
| 2016 | $45,290 | 33.91% | - |
| 2015 | $29,930 | 0.37% | - |
| 2014 | $29,820 | 2.28% | - |
| 2013 | $29,140 | -6.83% | - |
| 2012 | $31,130 | - | - |
From Table 3 we note that the median annual salary of $36,030 in Nashville-Davidson--Murfreesboro--Franklin is in the middle of salary range for real estate sales agents in state of Tennessee. In comparison, the annual salary of real estate sales agents in Nashville-Davidson--Murfreesboro--Franklin is 40.3 percent (40.3%) lower than that in the highest paying North Central Tennessee nonmetropolitan area and 23.8 percent (23.8%) higher than that in the lowest paying South Central Tennessee nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| North Central Tennessee nonmetropolitan area | |
| Eastern Tennessee nonmetropolitan area | |
| Memphis | |
| Chattanooga | |
| Nashville-Davidson--Murfreesboro--Franklin | |
| Jackson | |
| Clarksville | |
| Knoxville | |
| Johnson City | |
| Western Tennessee nonmetropolitan area | |
| Cleveland | |
| South Central Tennessee nonmetropolitan area |