BLS Official Data · OEWS May 2025

Real Estate Agents in Minnesota

$61,420 / year · average (mean) annual wage
$29.53 per hour

▼ 11.6% below U.S. average32nd of 48 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$61,420per year
Median$46,410per year
Hourly$29.53per hour
10th – 90th percentile$36,150 – $108,040per year

Real Estate Agents Pay Range in Minnesota

Pay distribution across experience levels

  • 10th Percentile — Entry Level$36,150
  • 25th Percentile — Junior$42,240
  • 50th Percentile — Median$46,410
  • 75th Percentile — Senior$62,070
  • 90th Percentile — Top Earners$108,040

Half of Real Estate Agents in Minnesota earn more than $46,410. The top 10% make $108,040 or more, while entry-level workers start around $36,150.

Real Estate Agents in Minnesota: Key Facts

Source: BLS OEWS May 2025

  • Minnesota ranks 32nd of 48 states for Real Estate Agents pay, at $61,420 per year (11.6% below the U.S. average of $69,510).
  • 2,530 people work as Real Estate Agents in Minnesota — 1.3% of all U.S. Real Estate Agents jobs.
  • Location quotient 0.69: Real Estate Agents jobs are less concentrated in Minnesota than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $36,150; the top 10% earn over $108,040.
  • Hourly equivalent: $29.53 per hour (2,080 hours/year).
  • The highest-paying state is New York at $112,730.
  • Among sales jobs in Minnesota, Securities Commodities Financial Services Sales pays the most ($136,060).

Real Estate Agents Job Market in Minnesota

Key factors affecting compensation

Minnesota's key industries are Healthcare, Finance, Manufacturing, and its job market is rated strong. Real Estate Agents here earn $61,420 on average, placing the state 32nd nationally.

With a cost-of-living index of 1.0 (U.S. = 1.00), a Minnesota salary of $61,420 is roughly equivalent to $61,420 at the national average cost of living.

Compared with nearby states in the pay ranking, Wisconsin ($64,190), Texas ($63,610), Kentucky ($63,180) are the closest alternatives for Real Estate Agents weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Real Estate Agents salary in Minnesota?

The average Real Estate Agents salary in Minnesota is $61,420 per year (median $46,410), which is 11.6% below the national average of $69,510.

How does Minnesota rank for Real Estate Agents pay?

Minnesota ranks 32nd out of 48 states. The highest-paying state is New York ($112,730/yr).

How much do entry-level Real Estate Agents make in Minnesota?

The lowest-paid 10% of Real Estate Agents in Minnesota earn about $36,150 per year and the 25th percentile is $42,240.

How much do Real Estate Agents make per hour in Minnesota?

About $29.53 per hour, based on the $61,420 annual average and 2,080 working hours per year.

How many Real Estate Agents work in Minnesota?

BLS counts 2,530 Real Estate Agents jobs in Minnesota (OEWS May 2025).

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