Real Estate Brokers Salary
Real Estate Brokers in Detroit-Warren-Dearborn, MI make a median of $85,600 a year, or about $41.15 an hour. The range runs from $44K at the entry level to $119K for experienced workers. Adjusted for local prices (RPP 100.3), that's roughly $85,344 in purchasing power. Rent on a 2-bedroom averages $1,411/month, or 26.1% of estimated take-home pay.
So what does $86K get you in Detroit-Warren-Dearborn?
Groceries, utilities, transportation, and healthcare scaled from national averages by Detroit-Warren-Dearborn’s Regional Price Parity (100.3). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About real estate brokers
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What this looks like in Detroit-Warren-Dearborn
Detroit-Warren-Dearborn sits well above the national pay line for real estate brokers, local pay runs about 17% higher than the U.S. median of $73K. Rent runs $1,411/month for a 2-bedroom (HUD FMR), taking 26.1% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 100.3) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for real estate brokers in metros near Detroit-Warren-Dearborn, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Ann Arbor | $70K | $69K |
| Grand Rapids-Wyoming-Kentwood | $58K | $61K |
| Lansing-East Lansing | $82K | $87K |
| Cleveland | $78K | $83K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Detroit-Warren-Dearborn, MI
Entry-level real estate brokers (10th percentile) start around $44K. Mid-career wages sit at $86K. Top earners bring in $119K or more, a $75K spread from bottom to top.
Real Estate Brokers pay across states
Median income ranked highest to lowest, compared to the national figure
View Real Estate Brokers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Jersey | $111K | +52% | 1,290 |
| Connecticut | $106K | +44% | N/A |
| Utah | $93K | +27% | N/A |
| Washington | $83K | +13% | N/A |
| Alabama | $83K | +13% | 460 |
| Michigan | $83K | +13% | 1,150 |
| Maryland | $82K | +11% | 430 |
| California | $80K | +10% | 8,430 |
| New Mexico | $80K | +10% | N/A |
| Colorado | $80K | +9% | 3,280 |
| Virginia | $77K | +6% | 1,500 |
| Vermont | $77K | +5% | 80 |
| Indiana | $75K | +2% | 740 |
| Hawaii | $74K | +1% | 160 |
| Arizona | $74K | +1% | 3,790 |
| Arkansas | $74K | +1% | 120 |
| North Dakota | $73K | +0% | 80 |
| Kansas | $70K | -4% | 290 |
| Delaware | $69K | -6% | 100 |
| Florida | $66K | -10% | 3,640 |
| Alaska | $66K | -10% | 100 |
| Ohio | $65K | -12% | N/A |
| Texas | $63K | -13% | 2,040 |
| Montana | $63K | -14% | 400 |
| Oregon | $63K | -14% | 1,670 |
| Illinois | $63K | -15% | 990 |
| Missouri | $62K | -15% | 1,980 |
| Tennessee | $60K | -18% | 540 |
| West Virginia | $59K | -19% | 140 |
| Idaho | $58K | -21% | 380 |
| Maine | $55K | -25% | N/A |
| North Carolina | $53K | -28% | 1,560 |
| New Hampshire | $51K | -30% | 120 |
| Iowa | $50K | -32% | N/A |
| Mississippi | $42K | -43% | 60 |
| Minnesota | $40K | -46% | N/A |
Showing 1–10 of 36 states
BLS does not publish data for every state when sample sizes are too small
Track real estate brokers salary changes
BLS updates this data quarterly. We'll email you when Detroit-Warren-Dearborn numbers change.
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Frequently asked questions
Can a real estate broker afford a 2BR apartment alone in Detroit-Warren-Dearborn?
Yes — at the median salary of $86K, rent takes 26.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,411/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for real estate brokers in Detroit-Warren-Dearborn?
The 10th-percentile wage — what new real estate brokers typically earn — is $44K/year. Take-home on that works out to about $2,639/month. At HUD’s $1,411/month FMR, rent would take 53% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is real estate broker a high-paying job in Detroit-Warren-Dearborn?
Local pay is 17% above the national median — $86K here vs. $73K nationally.
How does Detroit-Warren-Dearborn compare to the national average for real estate brokers?
Detroit-Warren-Dearborn pays $86K median vs. the U.S. average of $73K — that’s +17%. After adjusting for local cost of living (RPP 100.3), the purchasing-power equivalent is $85K — still ahead of the national median.
How much do real estate brokers make in Detroit-Warren-Dearborn, MI?
The median is $85,600 a year, that works out to about $41 an hour. But the range is wide: entry-level workers start around $43,990, and experienced real estate brokers can clear $118,680. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $86K enough to live in Detroit-Warren-Dearborn?
On that salary, you'd take home roughly $5,414/month after taxes. A 2-bedroom here rents for about $1,411/month, which eats 26.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a real estate brokers salary go in Detroit-Warren-Dearborn?
Detroit-Warren-Dearborn has a Regional Price Parity of 100.3 (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 $85,344 in national-average purchasing power.
Where do real estate brokers get paid the most?
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.