Real Estate Brokers Salary
Real Estate Brokers in Springfield, MO make a median of $42,260 a year, or about $20.32 an hour. The range runs from $29K at the entry level to $79K for experienced workers. Cost of living is below average (RPP 88.58), which stretches that salary to about $47,708 in buying power. A 2-bedroom apartment runs $1,095/month, about 38% of take-home, which is tight.
Where the paycheck goes
What $42K actually covers in Springfield, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Springfield’s Regional Price Parity (88.58). 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 Springfield
Pay for real estate brokers in Springfield runs about 42% below the U.S. median of $73K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,095/month, which is 37.8% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 88.58 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for real estate brokers.
Compared to nearby metros
Median pay for real estate brokers in metros near Springfield, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Columbia | $55K | $62K |
| Kansas City | $71K | $76K |
| St. Louis | $63K | $66K |
| Joplin | $57K | $67K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Springfield, MO
Entry-level real estate brokers (10th percentile) start around $29K. Mid-career wages sit at $42K. Top earners bring in $79K or more, a $51K 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 with published data
BLS does not publish data for every state when sample sizes are too small
Track real estate brokers salary changes
BLS updates this data annually. We'll email you when Springfield numbers change.
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Quick answers
The stuff people actually ask about this job
Can a real estate broker afford a 2BR apartment alone in Springfield?
It’s a stretch — at the median salary of $42K, rent takes 37.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,095/month. The 30% guideline puts the comfortable ceiling at roughly $900/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for real estate brokers in Springfield?
The 10th-percentile wage — what new real estate brokers typically earn — is $29K/year. Take-home on that works out to about $2,038/month. At HUD’s $1,095/month FMR, rent would take 54% 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 Springfield?
Local pay runs 42% below the national median — $42K here vs. $73K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Springfield compare to the national average for real estate brokers?
Springfield pays $42K median vs. the U.S. average of $73K — that’s -42%. After adjusting for local cost of living (RPP 88.58), the purchasing-power equivalent is $48K — below the national median.
How much do real estate brokers make in Springfield, MO?
The median is $42,260 a year, that works out to about $20 an hour. But the range is wide: entry-level workers start around $28,600, and experienced real estate brokers can clear $79,460. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $42K enough to live in Springfield?
On that salary, you'd take home roughly $2,898/month after taxes. A 2-bedroom here rents for about $1,095/month, which eats 37.8% 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 Springfield?
Springfield has a Regional Price Parity of 88.58 (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 $47,708 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.