Real Estate Brokers Salary in Tennessee
SOC 41-9021 · Tennessee · BLS OEWS May 2024
The median salary for Real Estate Brokers in Tennessee is $66,685 per year ($32.06/hr). This is 7.7% lower than the national median of $72,280. The middle 50% earn between $57,512 and $103,230 annually. Top earners at the 90th percentile reach $145,413.
Wage Percentiles: Tennessee
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $15.83 | $32,926 | -10.8% |
| P25 | $27.65 | $57,512 | +19.3% |
| P50MEDIAN | $32.06 | $66,685 | -7.7% |
| P75 | $49.63 | $103,230 | -9.6% |
| P90 | $69.91 | $145,413 | -12.8% |
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 Tennessee?
The median (P50) annual salary for Real Estate Brokers in Tennessee is approximately $66,685, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 7.7% lower than the national median of $72,280.
What is the salary range for entry-level real estate brokers in Tennessee?
Entry-level Real Estate Brokers (10th percentile) in Tennessee earn approximately $32,926 per year. The 25th percentile is $57,512. Top earners (90th percentile) reach $145,413.
How does Tennessee compare to the national average for real estate brokers?
Tennessee pays 7.7% lower than the national average. The national P50 is $72,280 vs $66,685 in Tennessee. Based on BLS national data adjusted for regional cost factors.
Real Estate Brokers Salary by Location
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