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Real Estate Agent Salary in Minnesota

How much does a Real Estate Agent make in Minnesota?

Last updated: 2024 data from the Bureau of Labor Statistics

$47,650
Median Annual Salary
$70,080
Mean Salary
$47,650
Median Salary
$22.91
Hourly Rate
2,480 people work as Real Estate Agent in Minnesota

About This Job: Real Estate Agent

Rent, buy, or sell property for clients. Perform duties such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Top Skills

Active Listening
4.0
Speaking
4.0
Negotiation
3.88
Social Perceptiveness
3.75
Coordination
3.75

Key Knowledge Areas

Customer and Personal Service
4.84
Sales and Marketing
4.7
English Language
4.35
Law and Government
3.95
Administrative
3.75
Typical Education: High School Diploma or Equivalent (42.9% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Real Estate Agent in Minnesota

Salaries for Real Estate Agent in Minnesota range from $36,030 at the 10th percentile (entry level) to $138,310 at the 90th percentile (experienced). The middle 50% earn between $39,220 and $92,540.

Median $47,650
P10: $36,030 P25: $39,220 P75: $92,540 P90: $138,310
10th
$36,030
25th
$39,220
Median
$47,650
75th
$92,540
90th
$138,310
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $36,030 $17.32 $3,002
25th Percentile $39,220 $18.86 $3,268
Median (50th) $47,650 $22.91 $3,970
75th Percentile $92,540 $44.49 $7,711
90th Percentile (Experienced) $138,310 $66.50 $11,525

Note: The mean (average) salary of $70,080 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Real Estate Agent salary in Minnesota adjusted for cost of living →

Real Estate Agent Salary by State

Compare Real Estate Agent pay across states — sorted by highest median salary.

View all 50 states →

Frequently Asked Questions

How much does a Real Estate Agent make in Minnesota?
The median annual salary for a Real Estate Agent in Minnesota is $47,650 as of 2024. The average (mean) salary is $70,080.
What is the salary range for a Real Estate Agent in Minnesota?
Salaries for Real Estate Agent in Minnesota range from $36,030 at the 10th percentile to $138,310 at the 90th percentile. The middle 50%% earn between $39,220 and $92,540.
What is the starting salary for a Real Estate Agent in Minnesota?
Entry-level Real Estate Agent positions in Minnesota typically start around $36,030 (10th percentile). With some experience, salaries rise to $39,220 (25th percentile).
How many people work as Real Estate Agent in Minnesota?
According to 2024 BLS data, approximately 2,480 people are employed as Real Estate Agent in Minnesota.
What is the hourly rate for a Real Estate Agent in Minnesota?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Agent in Minnesota is approximately $22.91 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS