How much money does a person working in Real Estate make in Frankfurt?
5,440 EUR per month
Average Monthly Salary
A person working in Real Estate in Frankfurt typically earns around 5,440 EUR 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.
Salaries for specific jobs
|Acquisition Associate||3,770 EUR|
|Assistant Leasing Manager||5,150 EUR|
|Assistant Property Manager||5,249 EUR|
|Commercial Leasing Manager||7,568 EUR|
|Commercial Real Estate Manager||7,755 EUR|
|Community Development Manager||6,442 EUR|
|Compliance Specialist||4,285 EUR|
|Development Coordinator||3,755 EUR|
|Lease Administrator||4,813 EUR|
|Leasing Agent||4,158 EUR|
|Leasing Consultant||4,603 EUR|
|Leasing Manager||5,253 EUR|
|Lettings Assistant||2,761 EUR|
|Portfolio Analyst ||6,131 EUR|
|Portfolio Manager||6,706 EUR|
|Property Acquisition Agent||4,385 EUR|
|Property and Claims Specialist||4,717 EUR|
|Property Manager||5,729 EUR|
|Property Operations Manager||6,955 EUR|
|Property Tax Assistant||3,791 EUR|
|Real Estate Administrator||4,584 EUR|
|Real Estate Agent||4,257 EUR|
|Real Estate Analyst||5,078 EUR|
|Real Estate Appraiser||5,869 EUR|
|Real Estate Assistant||3,648 EUR|
|Real Estate Association Manager||5,206 EUR|
|Real Estate Broker||4,551 EUR|
|Real Estate General Manager||7,515 EUR|
|Real Estate Project Manager||6,204 EUR|
|Real Estate Sales Agent||4,307 EUR|
|Real Estate Valuer||5,495 EUR|
|Research Analyst||4,275 EUR|
|Residential Advisor||4,850 EUR|
|Residential Property Manager||5,568 EUR|
|Shopping Center Manager||7,034 EUR|
|Town Planner||7,515 EUR|
Real Estate Jobs Salary Distribution in Frankfurt
Abount These Figures: Salary Range, Median and Percentiles
The Real Estate salaries in Frankfurt range between 2,980 EUR per month (minimum salary) to 8,515 EUR per month (maximum salary).
The median salary is 5,331 EUR per month, which means that half (50%) of people working in Real Estate are earning less than 5,331 EUR while the other half are earning more than 5,331 EUR. 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 values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 3,740 EUR while 75% of them are earning more than 3,740 EUR. Also from the diagram, 75% of people working in Real Estate are earning less than 6,646 EUR while 25% are earning more than 6,646 EUR.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of 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 and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Real Estate Salary Forecast and Trend in Frankfurt
How do Real Estate salaries change over time? Listed below is a chart that shows the average salary in recent years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +2% |
|Average Salary 2019|| +3% |
Percentage increase and decrease are relative to the previous value
Real Estate salaries in Frankfurt are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Real Estate Hourly Average Wage in Frankfurt
31 EUR per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Frankfurt for Real Estate is 31 EUR. This means that the average person in Frankfurt earns approximatly 31 EUR 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 they are considered to the be the standard.
Real Estate VS Other Jobs
We compared Frankfurt salaries for Real Estate and All Jobs and we found that Real Estate salaries are 10% more than those of All Jobs.
Frankfurt VS Germany
We compared Real Estate salaries in Frankfurt and Germany and we found that Frankfurt salaries are 6% more than those of Germany.
Salary Comparison By City
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