Occupational Employment and Wages, May 2004

41-9022 Real Estate Sales Agents

Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Include agents who represent buyer.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
126,470 2.5 % $23.05 $47,950 1.9 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $8.46 $11.30 $17.15 $27.94 $44.60
Annual Wage (2) $17,600 $23,500 $35,670 $58,110 $92,770

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage
Offices of real estate agents and brokers 43,790 $24.46 $50,890
Lessors of real estate 24,880 $15.50 $32,240
Activities related to real estate 24,790 $20.76 $43,190
Residential building construction 10,560 $33.93 $70,560
Land subdivision 4,230 $28.91 $60,130

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage
Nondepository credit intermediation 1,050 $48.95 $101,820
Oil and gas extraction 320 $36.05 $74,990
Residential building construction 10,560 $33.93 $70,560
Postal service 60 $30.63 $63,710
Federal government (OES designation) 2,680 $30.51 $63,460

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
District of Columbia 2,150 $26.64 $55,410 0.356%
Virginia 8,770 $18.50 $38,490 0.254%
Nevada 2,670 $23.69 $49,280 0.239%
Florida 12,650 $21.88 $45,500 0.173%
Texas 14,910 $22.76 $47,350 0.160%

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
Connecticut 840 $35.18 $73,170 0.051%
California 8,440 $30.91 $64,290 0.058%
Vermont 130 $30.49 $63,410 0.044%
Arizona 2,410 $27.48 $57,160 0.104%
Wisconsin 940 $27.48 $57,150 0.035%

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Myrtle Beach, SC MSA 560 $18.40 $38,280 0.527%
Naples, FL MSA 440 $37.73 $78,470 0.375%
Panama City, FL MSA 220 $12.78 $26,580 0.347%
Norfolk-Virginia Beach-Newport News, VA-NC MSA 2,440 $18.88 $39,260 0.339%
Daytona Beach, FL MSA 560 $24.40 $50,750 0.334%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
San Luis Obispo-Atascadero-Paso Robles, CA MSA 80 $54.86 $114,110 0.080%
Bridgeport, CT PMSA 80 $52.07 $108,310 0.043%
Trenton, NJ PMSA (7) $43.95 $91,410 (7)
Bakersfield, CA MSA 60 $42.20 $87,770 0.026%
San Diego, CA MSA 1,300 $41.08 $85,450 0.103%

About May 2004 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(7) Estimates not released.

All Sales and Related Occupations

May 2004 National Occupational Employment and Wage Estimates

May 2004 State Occupational Employment and Wage Estimates

May 2004 Metropolitan Area Occupational Employment and Wage Estimates

May 2004 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2004 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

 

Last Modified Date: June 02, 2005