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Real Estate Average Salary in United States 2018

How much money does a person working in Real Estate make in United States?

3,953 USD per month
Average Monthly Salary
A person working in Real Estate in United States typically earns around 3,953 USD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Real Estate jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Real Estate Jobs Salary Distribution in United States

25% of people earn
2,917 USD
or less
50% of people earn
3,500 USD
or less
75% of people earn
4,600 USD
or less
1,200 USD
3,500 USD
10,250 USD

Abount These Figures: Salary Range, Median and Percentiles

Real Estate salaries in United States range between 1,200 USD per month (minimum salary) to 10,250 USD per month (maximum salary).

The median salary is 3,500 USD per month, which means that half (50%) of people working in Real Estate are earning less than 3,500 USD while the other half are earning more than 3,500 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph, with the group earning more than the median salary.

Closely related to the median are two similar values: the 25th and 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 2,917 USD while 75% of them are earning more than 2,917 USD. Also from the diagram, 75% of people working in Real Estate are earning less than 4,600 USD while 25% of them are earning more than 4,600 USD.

What is the difference between the median and the average salary? What should I be looking at?

Both are indicators. If your salary is higher than both the average and the median, then you are doing very well. If your salary is lower than both, then many people are earning more than you. You have plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. Luckily for you, we have written a guide to explain all the different senarios. How to compare your salary

Real Estate Salary Trend and Forecast in United States

How are Real Estate salaries changing over time? Listed below is a chart that shows the average Real Estate salary in United States in recent years.

Average Salary 2015    =  
3,703 USD
Average Salary 2016    +2%  
3,777 USD
Average Salary 2017    +3%  
3,883 USD
Average Salary 2018    +2%  
3,953 USD
Percentage increase and decrease are relative to the previous value
Real Estate salaries in United States are on the rise in the year 2018 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2018 are 2% higher than those of 2017. The trend suggests a slow yet slow continous increase in pay in 2019 and future years. These numbers differ slightly from industry to another.

Real Estate Average Hourly Wage in United States

20 USD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in United States for Real Estate is 20 USD. This means that the average person in United States earns approximatly 20 USD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage, the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and is considered to the be the standard.

Salary Comparison By Job Title (Average Monthly Salary)

Job TitleAverage Salary
Assistant Property Manager2,710 USD
Commercial Real Estate Manager4,739 USD
Development Coordinator2,500 USD
Leasing Consultant1,200 USD
Leasing Manager3,833 USD
Property Manager2,917 USD
Real Estate Agent3,333 USD
Regional Property Operations Manager7,000 USD
Residential Property Manager3,661 USD
Senior Project Manager5,417 USD

See Other People's Submitted Salaries

Salary Comparison By State (Average Monthly Salary)

StateAverage Salary
Arizona4,208 USD
California4,187 USD
Colorado5,194 USD
Florida2,060 USD
Maryland4,483 USD
Michigan3,167 USD
Minnesota3,150 USD
New Jersey3,472 USD
New York2,917 USD
North Carolina5,208 USD
Texas4,583 USD

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