Real Estate Agents
Wages & Outlook
Typical Wages
Wages listed below are for a variety of experience and education levels. Make sure that you research the typical entry-level education and work experience and training requirements for this occupation.
This career pays below the statewide median wage.
Wages for Real Estate Agents *
U S |
$17.95 | $24.86 | $38.91 |
|---|---|---|---|
Minnesota |
$17.23 | $18.63 | $28.13 |
Central Minnesota |
$16.62 | $18.53 | $23.03 |
Northeast Minnesota |
$17.11 | $17.71 | $25.21 |
Northwest Minnesota |
$17.21 | $22.51 | $36.21 |
Southeast Minnesota |
$16.62 | $19.05 | $27.76 |
Southwest Minnesota |
$15.69 | $18.53 | $22.59 |
Seven County Mpls-St Paul, MN |
$17.55 | $18.64 | $31.21 |
* "Low" indicates 25% of workers earn less and 75% earn more.
"Median" indicates 50% of workers earn less and 50% earn more.
"High" indicates 75% of workers earn less and 25% earn more.
Employment
In Minnesota, there are 2,170 workers employed in this small career.
Where do Real Estate Agents most often work?
- Real Estate
- Professional, Scientific, and Technical Services
- Construction of Buildings
- Heavy and Civil Engineering Construction
Current Demand
This career is currently in high demand.
Future Demand
This career is seeing low growth compared to other careers.
There will be a need for about 5,259 new Real Estate Agents to meet market demand between 2020-2030. This includes the demand due to replacement (workers leaving the occupation or retiring) as well as growth.
| U S | 408,900 | 425,800 | 16,900 | 4.1% |
|---|---|---|---|---|
| Minnesota | 5,865 | 6,034 | 169 | 2.9% |
| Central Minnesota | 548 | 543 | -5 | -0.9% |
| Northeast Minnesota | 175 | 170 | -5 | -2.9% |
| Northwest Minnesota | 507 | 518 | 11 | 2.2% |
| Southeast Minnesota | 346 | 333 | -13 | -3.8% |
| Southwest Minnesota | 362 | 358 | -4 | -1.1% |
| Seven County Mpls-St Paul, MN | 3,981 | 4,149 | 168 | 4.2% |
Source: You can learn about our data sources in the About Us section.