Real Estate Brokers Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Real Estate Brokers in Minneapolis-St. Paul-Bloomington, MN-WI make a median of $66,310 a year, or about $31.88 an hour. The range runs from $32K at the entry level to $117K for experienced workers. Adjusted for local prices (RPP 104.82), that's roughly $63,261 in purchasing power. A 2-bedroom apartment runs $1,709/month — about 39.5% of take-home, which is tight.
So what does $66K get you in Minneapolis-St. Paul-Bloomington?
Groceries, utilities, transportation, and healthcare scaled from national averages by Minneapolis-St. Paul-Bloomington’s Regional Price Parity (104.82). 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
Sponsored links — AffordMap may earn a commission at no cost to you. Learn more
Compensation breakdown
Annual earnings by percentile, Minneapolis-St. Paul-Bloomington, MN-WI
Entry-level real estate brokers (10th percentile) start around $32K. Mid-career wages sit at $66K. Top earners bring in $117K or more, a $85K 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 |
| North Dakota | $71K | -2% | N/A |
| Delaware | $68K | -5% | N/A |
| Texas | $67K | -8% | 3,370 |
| Tennessee | $67K | -8% | 550 |
| Minnesota | $66K | -8% | 1,090 |
| Kentucky | $64K | -11% | 150 |
| Arkansas | $64K | -12% | N/A |
| Wisconsin | $64K | -12% | 710 |
| Florida | $63K | -12% | N/A |
| North Carolina | $63K | -13% | 1,330 |
| Alabama | $62K | -14% | 450 |
| Alaska | $60K | -17% | 220 |
| Montana | $59K | -18% | 310 |
| Missouri | $59K | -19% | 1,580 |
| Michigan | $59K | -19% | 660 |
| Virginia | $56K | -23% | 1,580 |
| Illinois | $55K | -24% | 1,620 |
| Arizona | $54K | -25% | N/A |
| South Carolina | $54K | -25% | 1,490 |
| Maine | $53K | -26% | N/A |
| Nebraska | $47K | -35% | 350 |
| Hawaii | $47K | -35% | N/A |
| Ohio | $46K | -37% | 400 |
| Mississippi | $44K | -40% | 70 |
| West Virginia | $44K | -40% | 140 |
| Kansas | $41K | -43% | 460 |
Showing 1–10 of 41 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 Minneapolis-St. Paul-Bloomington numbers change.
Related careers in Sales
Frequently asked questions
How much do real estate brokers make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median is $66,310 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $31,940, and experienced real estate brokers can clear $117,390. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $66K enough to live in Minneapolis-St. Paul-Bloomington?
On that salary, you'd take home roughly $4,330/month after taxes. A 2-bedroom here rents for about $1,709/month, which eats 39.5% 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 Minneapolis-St. Paul-Bloomington?
Minneapolis-St. Paul-Bloomington has a Regional Price Parity of 104.82 (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 $63,261 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.