Real Estate Agent

State-by-state licensing requirements, salary data, and career ROI

National Median Salary
$56,320
10-Year Growth
+3.1%
Annual Openings
36.6
AI Exposure
High

What Is a Real Estate Agent?

Real Estate Agents help clients buy, sell, and rent properties — handling market analysis, property showings, negotiations, and closing paperwork. Every state requires a license, which involves completing pre-licensing coursework (40–180 hours depending on the state), passing a state exam, and working under a licensed broker. Income is almost entirely commission-based, so earnings vary dramatically by market and effort.

The Landscape

Nationally, real estate agents earn a median salary of $56,320, with a modest growth outlook of 3.1% and a moderate AI exposure of 0.86, suggesting ongoing adaptation will be key. Every state mandates licensing, establishing a baseline of professional standards across the board. The salary spectrum is broad, ranging from New York's impressive median of $97,440 to Iowa's more modest $36,420, reflecting diverse market conditions and economic landscapes.

Significant regional salary patterns emerge, with the Northeast and Mid-Atlantic states generally offering higher compensation; New York leads the nation, and Massachusetts, Vermont, and New Jersey all feature strong earning potential, likely driven by high property values and dense markets. Alaska stands out as a unique high-earner at $85,800, likely due to its extremely small number of employed agents (160) and specialized market dynamics, where fewer agents may command higher commissions per unique transaction. Conversely, the Midwest and some Southern states, like Iowa, Kentucky, and Missouri, show lower median salaries, often correlating with a lower cost of living and less active or less competitive housing markets.

Beyond salary, state-specific requirements present varied entry points and ongoing commitments. While most states require agents to be 18, some, like Alaska and Nebraska, stipulate 19 years old. Many states, including New York and Colorado, utilize a multi-tiered licensing structure, suggesting a more formalized career progression, while others have simpler two-tier systems. A crucial difference is the variable need for post-licensing courses and ongoing education hours, with California requiring 45 CE hours every four years compared to West Virginia's 7 hours annually, impacting the long-term commitment required to maintain an active license.

Real Estate Agent by State

Click any state for detailed requirements, salary percentiles, and ROI analysis.

State License Required Median Salary vs. National Time to Complete
Alabama Yes $48,740 -13.5% 2-4 months
Alaska Yes $85,800 +52.3% 2-4 months
Arizona Yes $53,370 -5.2% 3-5 months
Arkansas Yes $38,450 -31.7% 2-4 months
California Yes $62,420 +10.8% 4-6 months
Colorado Yes $61,690 +9.5% 4-6 months
Connecticut Yes $45,670 -18.9% 2-4 months
Delaware Yes $48,450 -14.0% 2-3 months
District of Columbia Yes $43,720 -22.4% 2-4 months
Florida Yes $50,140 -11.0% 2-6 months
Georgia Yes $56,190 -0.2% 2-4 months
Hawaii Yes $47,020 -16.5% 2-6 months
Idaho Yes $37,090 -34.1% 3-5 months
Illinois Yes $51,210 -9.1% 3-5 months
Indiana Yes $50,990 -9.5% 3-5 months
Iowa Yes $36,420 -35.3% Varies (background check can take 8-10 weeks, application must be submitted within 6 months of passing exam and 210 days of background check completion)
Kansas Yes $44,290 -21.4% 2-4 months
Kentucky Yes $39,270 -30.3% 3-5 months
Louisiana Yes $39,840 -29.3% 3-5 months
Maine Yes $59,990 +6.5% 2-4 months
Maryland Yes $49,770 -11.6% 2 weeks - 4 months
Massachusetts Yes $85,170 +51.2% 2-12 months
Michigan Yes $55,600 -1.3% 2-3 months
Minnesota Yes $47,650 -15.4% 10 days to 5 months
Mississippi Yes $50,460 -10.4% 3-4 weeks to 4 months
Missouri Yes $38,910 -30.9% 3-5 months
Montana Yes $56,670 +0.6% 3-4 months
Nebraska Yes $48,550 -13.8% Approximately 4-6 months (including background check processing)
Nevada Yes $49,990 -11.2% Varies (e.g., 4-6 months for coursework, 1 year to apply after exam)
New Hampshire Yes $55,620 -1.2% 2-6 months
New Jersey Yes $66,680 +18.4% 3-5 months
New Mexico Yes $79,790 +41.7% Varies (exam must be passed within 90 days of first attempt, application within 6 months of passing exam)
New York Yes $97,440 +73.0% 2-4 weeks (application processing) + course time
North Carolina Yes $47,840 -15.1% 3-5 months
North Dakota Yes $61,830 +9.8% 3-6 months
Ohio Yes $43,860 -22.1% 4-6 months
Oklahoma Yes 3-5 months
Oregon Yes $48,030 -14.7% 4-6 months
Pennsylvania Yes $53,590 -4.8% 2-4 months
Rhode Island Yes $55,460 -1.5% 2-3 months
South Carolina Yes $49,990 -11.2% 3-16 weeks
South Dakota Yes $54,410 -3.4% Varies (application within 60 days of exam)
Tennessee Yes 3-5 months
Texas Yes $50,150 -11.0% 4-6 months
Utah Yes $55,380 -1.7% 2-3 months
Vermont Yes $82,630 +46.7% 2-3 months
Virginia Yes $61,790 +9.7% 1.5 weeks - 4 months
Washington Yes $76,980 +36.7% 4-8 weeks for education, plus exam and application processing
West Virginia Yes $57,550 +2.2% 3-5 months
Wisconsin Yes $49,480 -12.1% 3-4 months
Wyoming Yes $43,040 -23.6% 2-4 months

Highest-Paying States for Real Estate Agents

# State Median Salary Employment
1 New York $97,440 10,040
2 Alaska $85,800 160
3 Massachusetts $85,170
4 Vermont $82,630 90
5 New Mexico $79,790 810
6 Washington $76,980 5,470
7 New Jersey $66,680 950
8 California $62,420 22,370
9 North Dakota $61,830 430
10 Virginia $61,790 4,950

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