The annual salary statistics of real estate sales agents in Provo-Orem, Utah is shown in Table 1. The wage data of real estate sales agents 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 | $30,160 |
| 25th Percentile Wage | $41,460 |
| 50th Percentile Wage | $58,150 |
| 75th Percentile Wage | $58,150 |
| 90th Percentile Wage | $63,770 |
Table 1 shows the average annual salary for real estate sales agents 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 $63,770. The median (50th percentile) annual salary is $58,150. The average annual salary for the bottom 10 percent earners is $30,160.
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 | $58,150 | 16.44% | 34.36% |
| 2021 | $48,590 | 32.83% | - |
| 2020 | $32,640 | -67.49% | - |
| 2019 | $54,670 | 5.07% | - |
| 2018 | $51,900 | 29.48% | - |
| 2017 | $36,600 | 2.51% | - |
| 2016 | $35,680 | -2.38% | - |
| 2015 | $36,530 | -7.88% | - |
| 2014 | $39,410 | 4.47% | - |
| 2013 | $37,650 | -1.38% | - |
| 2012 | $38,170 | - | - |
From Table 3 we note that the median annual salary of $58,150 in Provo-Orem is in the middle of salary range for real estate sales agents in state of Utah. In comparison, the annual salary of real estate sales agents in Provo-Orem is 33.2 percent (33.2%) lower than that in the highest paying Northern Utah nonmetropolitan area and 61.9 percent (61.9%) higher than that in the lowest paying South Western Utah nonmetropolitan area.