Real Estate Brokers Salary in Massachusetts
Real Estate Brokers in Massachusetts make a median of $112,180 a year, or about $53.93 an hour. The range runs from $48K at the entry level to $189K for experienced workers.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $112K get you in Massachusetts?
About real estate brokers
Compensation breakdown
Annual earnings by percentile, Massachusetts
Entry-level real estate brokers (10th percentile) start around $48K. Mid-career wages sit at $112K.Top earners bring in $189K or more - a $140K spread from bottom to top.
Real Estate Brokers pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Iowa | $117K | +62% | 740 |
| Massachusetts | $112K | +55% | N/A |
| New York | $94K | +30% | N/A |
| New Jersey | $93K | +29% | N/A |
| Connecticut | $91K | +26% | N/A |
| Nevada | $87K | +20% | 310 |
| Maryland | $83K | +14% | N/A |
| Vermont | $82K | +14% | N/A |
| California | $82K | +14% | 7,250 |
| Washington | $81K | +13% | 110 |
| Utah | $81K | +12% | 400 |
| New Mexico | $78K | +8% | 290 |
| Indiana | $76K | +6% | 840 |
| Pennsylvania | $75K | +4% | 1,100 |
| Oregon | $71K | -2% | 1,620 |
Track real estate brokers salary changes
BLS updates this data quarterly. We'll email you when Massachusetts numbers change.
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Frequently asked questions
How much do real estate brokers make in Massachusetts?
The median is $112,180 a year - that works out to about $53.93 an hour. The range is wide: entry-level workers start around $48,450, and experienced real estate brokers can clear $188,800. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $112K enough to live in Massachusetts?
On that salary, you'd take home roughly $6,808/month after taxes. A 2-bedroom in this state rents for about $2,056/month (median of metro areas), which eats 30.2% 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.
How far does a real estate brokers salary go in Massachusetts?
Massachusetts has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median real estate brokers salary is worth about $112,180 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.