Real Estate Brokers Salary in New Jersey
SOC 41-9021 · New Jersey · BLS OEWS May 2024
The median salary for Real Estate Brokers in New Jersey is $92,893 per year ($44.66/hr). This is 28.5% higher than the national median of $72,280. The middle 50% earn between $62,982 and $133,390 annually. Top earners at the 90th percentile reach $194,043.
Wage Percentiles: New Jersey
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $21.59 | $44,907 | +21.6% |
| P25 | $30.28 | $62,982 | +30.7% |
| P50MEDIAN | $44.66 | $92,893 | +28.5% |
| P75 | $64.13 | $133,390 | +16.8% |
| P90 | $93.29 | $194,043 | +16.4% |
Market Context Signal
Retail saw layoffs increase by 72K in February. For professional roles in retail orgs, conditions are more stable than frontline, but the sector is softening.
Frequently Asked Questions
What is the median real estate brokers salary in New Jersey?
The median (P50) annual salary for Real Estate Brokers in New Jersey is approximately $92,893, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 28.5% higher than the national median of $72,280.
What is the salary range for entry-level real estate brokers in New Jersey?
Entry-level Real Estate Brokers (10th percentile) in New Jersey earn approximately $44,907 per year. The 25th percentile is $62,982. Top earners (90th percentile) reach $194,043.
How does New Jersey compare to the national average for real estate brokers?
New Jersey pays 28.5% higher than the national average. The national P50 is $72,280 vs $92,893 in New Jersey. Based on BLS national data adjusted for regional cost factors.
Real Estate Brokers Salary by Location
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