Real Estate Brokers Salary in Reno, NV
Real Estate Brokers in Reno, NV make a median of $105,220 a year, or about $50.59 an hour. The range runs from $61K at the entry level to $129K for experienced workers. Adjusted for local prices (RPP 101.01), that's roughly $104,168 in purchasing power. Rent on a 2-bedroom averages $1,870/month, or 26.5% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $105K get you in Reno?
About real estate brokers
Compensation breakdown
Annual earnings by percentile, Reno, NV
Entry-level real estate brokers (10th percentile) start around $61K. Mid-career wages sit at $105K.Top earners bring in $129K or more - a $68K 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 Reno numbers change.
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Frequently asked questions
How much do real estate brokers make in Reno, NV?
The median is $105,220 a year - that works out to about $50.59 an hour. The range is wide: entry-level workers start around $60,570, and experienced real estate brokers can clear $128,640. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $105K enough to live in Reno?
On that salary, you'd take home roughly $6,867/month after taxes. A 2-bedroom here rents for about $1,870/month (HUD Fair Market Rent), which eats 27.2% 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 Reno?
Reno has a Regional Price Parity of 101.01 (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 $104,168 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.