Real Estate Brokers Salary
Real Estate Brokers in Utah make a median of $92,830 a year, or about $44.63 an hour. The range runs from $47K at the entry level to $148K for experienced workers. Adjusted for local prices (RPP 98.54), that's roughly $94,205 in purchasing power. Rent on a 2-bedroom averages $1,350/month, or 23% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Utah. Jump to a metro for precise data:
So what does $93K get you in Utah?
About real estate brokers
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What this looks like in Utah
Utah sits well above the national pay line for real estate brokers, local pay runs about 27% higher than the U.S. median of $73K. Housing is manageable: a 2-bedroom at the HUD median costs $1,350/month, 23.4% of take-home, well inside the 30% guideline. Cost of living (RPP 98.54) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Utah offers a genuinely strong financial position for real estate brokerss at the median.
Compensation breakdown
Annual earnings by percentile, Utah
Entry-level real estate brokers (10th percentile) start around $47K. Mid-career wages sit at $93K. Top earners bring in $148K or more, a $101K spread from bottom to top.
Real Estate Brokers salary by metro in Utah
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Provo-Orem-Lehi | $93K | +0% | N/A |
| Salt Lake City-Murray | $84K | -10% | N/A |
Compare to other states
Track real estate brokers salary changes
BLS updates this data quarterly. We'll email you when Utah numbers change.
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Frequently asked questions
Can a real estate broker afford a 2BR apartment alone in Utah?
Yes — at the median salary of $93K, rent takes 23.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,350/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for real estate brokers in Utah?
The 10th-percentile wage — what new real estate brokers typically earn — is $47K/year. Take-home on that works out to about $2,837/month. At HUD’s $1,350/month FMR, rent would take 48% 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 Utah?
Local pay is 27% above the national median — $93K here vs. $73K nationally.
How does Utah compare to the national average for real estate brokers?
Utah pays $93K median vs. the U.S. average of $73K — that’s +27%. After adjusting for local cost of living (RPP 98.54), the purchasing-power equivalent is $94K — still ahead of the national median.
How much do real estate brokers make in Utah?
The median is $92,830 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $47,280, and experienced real estate brokers can clear $148,070. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $93K enough to live in Utah?
On that salary, you'd take home roughly $5,781/month after taxes. A 2-bedroom here rents for about $1,350/month, which eats 23.4% 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 Utah?
Utah has a Regional Price Parity of 98.54 (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 $94,205 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.