Real Estate Brokers
Operate real estate offices.
Quick Facts
Wages: |
Above the statewide median $37.47 / hour Read more about wages |
Outlook: |
Below statewide average
Growth rate: 4.5% Read more about outlook |
Education: |
High School or less is typically required. |
On the Job: |
Typical Work Tasks
|
Job Title Examples: |
Closing Agent Real Estate Agent Realtor See more job title examples |
This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.
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 above the statewide median wage.
Wages for Real Estate Brokers *
U S |
$24.51 | $30.93 | $48.4 |
|---|---|---|---|
Minnesota |
$29.31 | $37.47 | $76.89 |
Central Minnesota |
$22.37 | $33.86 | $50.09 |
Northeast Minnesota |
$23.11 | $30.2 | $36.75 |
Northwest Minnesota |
$12.36 | $34.18 | $53.28 |
Southwest Minnesota |
$22.37 | $22.85 | $33.86 |
Seven County Mpls-St Paul, MN |
$37.1 | $37.82 | $82.48 |
* "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 670 workers employed in this very small career.
Where do Real Estate Brokers most often work?
Current Demand
This career is currently in very low demand.
Future Demand
This career is seeing low growth compared to other careers.
There will be a need for about 1156 new Real Estate Brokers to meet market demand between 2020-2030. This includes the demand due to replacement (workers leaving the occupation or retiring) as well as growth.