The annual salary statistics of real estate brokers in Provo-Orem, Utah is shown in Table 1. The wage data of real estate brokers in Provo-Orem 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 | $52,170 |
| 25th Percentile Wage | $54,360 |
| 50th Percentile Wage | $58,010 |
| 75th Percentile Wage | $61,660 |
| 90th Percentile Wage | $64,590 |
Table 1 shows the average annual salary for real estate brokers in Provo-Orem, Utah in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,590. The median (50th percentile) annual salary is $58,010. The average annual salary for the bottom 10 percent earners is $52,170.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $58,010 | 1.05% | 1.05% |
| 2016 | $57,400 | 23.89% | - |
| 2013 | $43,690 | -31.38% | - |
| 2012 | $57,400 | - | - |
From Table 3 we note that with a median annual salary of $58,010, Provo-Orem is the second highest paying city for real estate brokers in state of Utah, following the highest paying city St George (median annual salary of $74,480). Compared with St George, the median annual salary of real estate brokers in Provo-Orem is 22.1 percent (22.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| St George | |
| Provo-Orem | |
| Ogden-Clearfield | |
| Salt Lake City | |
| Northern Utah nonmetropolitan area | |
| Eastern Utah nonmetropolitan area |