Real Estate Brokers Salary

It’s a stretch — at the median salary of $55K, rent takes 35% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,281/month. The 30% guideline puts the comfortable ceiling at roughly $1,100/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 $35K/year. Take-home on that works out to about $2,111/month. At HUD’s $1,281/month FMR, rent would take 61% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay runs 25% below the national median — $55K here vs. $73K nationally.

Maine pays $55K median vs. the U.S. average of $73K — that’s -25%. After adjusting for local cost of living (RPP 97.7), the purchasing-power equivalent is $57K — below the national median.

The median is $55,280 a year, that works out to about $27 an hour. But the range is wide: entry-level workers start around $35,190, and experienced real estate brokers can clear $136,090. The mean (average) is $83,420, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $3,662/month after taxes. A 2-bedroom here rents for about $1,281/month, which eats 35% 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.

Maine has a Regional Price Parity of 97.7 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median real estate brokers salary is worth about $56,581 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.