Real Estate Brokers Salary

It’s a stretch — at the median salary of $80K, rent takes 48.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,471/month. The 30% guideline puts the comfortable ceiling at roughly $1,500/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new real estate brokers typically earn — is $37K/year. Take-home on that works out to about $2,227/month. At HUD’s $2,471/month FMR, rent would take 111% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Pay here is roughly in line with the national average — $80K locally vs. $73K nationally, a 10% difference.

California pays $80K median vs. the U.S. average of $73K — that’s +10%. After adjusting for local cost of living (RPP 106.14), the purchasing-power equivalent is $76K — still ahead of the national median.

The median is $80,450 a year, that works out to about $39 an hour. But the range is wide: entry-level workers start around $37,120, and experienced real estate brokers can clear $145,660. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $5,114/month after taxes. A 2-bedroom here rents for about $2,471/month, which eats 48.3% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

California has a Regional Price Parity of 106.14 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median real estate brokers salary is worth about $75,796 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.