How to Become a Real Estate Brokers in New York
Real Estate Brokers in New York earn a median salary of $94,170/year, which is 30% above the national average. New York has a state income tax of ~4.9%. After taxes and rent, a real estate brokers takes home approximately $4,424/month. Most positions require High school diploma or equivalent.
What a real estate brokers can afford in New York
Becoming a real estate brokers in New York
Meet education requirements
Real Estate Brokers positions in New York typically require High school diploma or equivalent. Programs are available at colleges and training institutions across New York. Research accredited programs in your area.
Gain required experience
Many real estate brokers positions in New York require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain New York licensure or certification
New York may require specific licensing or professional certification for real estate brokerss. Requirements vary by state — contact the New York Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in New York
New York has an active job market for real estate brokers. The highest concentrations are in New York-Newark-Jersey City.
Real Estate Brokers salary by metro area in New York
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| New York-Newark-Jersey City | $98K | $46.87/hr | — |
Real Estate Brokers salary range in New York
Real Estate Brokers careers in other states
Frequently asked questions
How much does a real estate brokers make in New York?▼
The median real estate brokers salary in New York is $94,170 per year ($45.28/hr). This is 30% above the national median of $72,280. Salaries range from $37,550 to $184,630.
What are the requirements to become a real estate brokers in New York?▼
Real Estate Brokers positions in New York typically require High school diploma or equivalent. New York may have specific licensing or certification requirements. Check with the New York licensing board or department of labor for current requirements.
Can a real estate brokers afford to live in New York?▼
At the median salary of $94,170, a real estate brokers in New York would take home approximately $5,836/month after taxes. With median 2-bedroom rent at $1,412/month, that's 24.2% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for real estate brokers in New York?▼
The highest paying metro areas for real estate brokers in New York are New York-Newark-Jersey City ($97,500). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does New York have state income tax for real estate brokers?▼
Yes, New York has a state income tax rate of approximately 4.9%. On a $94,170 salary, this means roughly $4,602/year in state income tax. Use our take-home pay calculator for a detailed breakdown.