How to Become a Real Estate Brokers in Montana
Real Estate Brokers in Montana earn a median salary of $63,240/year, which is 14% below the national average. Montana has a state income tax of ~4.1%. After taxes and rent, a real estate brokers takes home approximately $2,477/month. Most positions require High school diploma or equivalent.
What a real estate brokers can afford in Montana
Becoming a real estate brokers in Montana
Meet education requirements
Real Estate Brokers positions in Montana typically require High school diploma or equivalent. Programs are available at colleges and training institutions across Montana. Research accredited programs in your area.
Gain required experience
Many real estate brokers positions in Montana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Montana licensure or certification
Montana may require specific licensing or professional certification for real estate brokerss. Requirements vary by state, contact the Montana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Montana
Montana employs 400 real estate brokers. The highest concentrations are in Bozeman.
Real Estate Brokers salary by metro area in Montana
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Bozeman | $77K | $37.19/hr | , |
Real Estate Brokers salary range in Montana
Real Estate Brokers careers in other states
Frequently asked questions
How much does a real estate brokers make in Montana?▼
The median real estate brokers salary in Montana is $63,240 per year ($30.4/hr). This is 14% below the national median of $73,220. Salaries range from $24,730 to $123,780.
What are the requirements to become a real estate brokers in Montana?▼
Real Estate Brokers positions in Montana typically require High school diploma or equivalent. Montana may have specific licensing or certification requirements. Check with the Montana licensing board or department of labor for current requirements.
Can a real estate brokers afford to live in Montana?▼
At the median salary of $63,240, a real estate brokers in Montana would take home approximately $4,186/month after taxes. With median 2-bedroom rent at $1,709/month, that's 40.8% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for real estate brokers in Montana?▼
The highest paying metro areas for real estate brokers in Montana are Bozeman ($77,350). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Montana have state income tax for real estate brokers?▼
Yes, Montana has a state income tax rate of approximately 4.1%. On a $63,240 salary, this means roughly $2,624/year in state income tax. Use our take-home pay calculator for a detailed breakdown.