Real Estate Brokers Hourly Wage in Massachusetts (2024)

The median hourly wage for Real Estate Brokers in Massachusetts is $61.04/hour, based on 2024 BLS data.

Data: BLS OEWS 2024 • Massachusetts hourly wage data • Updated 2026-04-06

Entry-Level (P10)
$23.04
/hour
Median (P50)
$61.04
/hour
Senior (P90)
$92.73
/hour

Annual Salary Equivalent

$126,970
Based on 2,080 work hours/year (40 hours/week, 52 weeks/year). View annual salary page.

Massachusetts vs National Average

Entry-Level (P10)
$23.04
National: $19.62
+17.4%
Median (P50)
$61.04
National: $33.62
+81.6%
Senior (P90)
$92.73
National: $62.38
+48.7%

Hourly Wage Breakdown by Percentile

Percentile Hourly Rate Weekly (×40h) Monthly (×173.3h) Annual (×2,080h)
Entry-Level (P10) $23.04 $922 $3993 $47,920
Q1 (P25) $30.75 $1230 $5331 $63,970
Median (P50) $61.04 $2442 $10581 $126,970
Q3 (P75) $92.73 $3709 $16072 $192,870
Senior (P90) $92.73 $3709 $16072 $192,870

Note: Weekly = hourly × 40 hours. Monthly = hourly × 173.3 hours (avg). Annual = hourly × 2,080 hours.

Highest-Paying States for Real Estate Brokers

#1
$76.5
$76.5/hr
+127.5%
#2
$61.04
$61.04/hr
+81.6%
#3
$59.56
$59.56/hr
+77.2%
#4
$44.32
$44.32/hr
+31.8%
#5
$43.86
$43.86/hr
+30.5%
#6
$39.73
$39.73/hr
+18.2%
#7
$38.98
$38.98/hr
+15.9%
#8
$38.49
$38.49/hr
+14.5%
#9
$37.02
$37.02/hr
+10.1%
#10
$36.26
$36.26/hr
+7.9%

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Frequently Asked Questions

What is the average hourly wage for Real Estate Brokers in Massachusetts?

The median hourly wage for Real Estate Brokers in Massachusetts is $61.04/hour (2024 BLS data). This equals approximately $126,970.0 per year based on 2,080 work hours.

How does Massachusetts Real Estate Brokers hourly pay compare to national average?

The median hourly rate for Real Estate Brokers in Massachusetts is $61.04/hr compared to the national average of $33.62/hr — higher by $27.42/hr.

What is the entry-level hourly rate for Real Estate Brokers in Massachusetts?

Entry-level Real Estate Brokers professionals in Massachusetts earn approximately $23.04/hour (10th percentile), which equals $47,920.0/year. Senior-level professionals earn $92.73/hour.

How much does a senior Real Estate Brokers make per hour in Massachusetts?

Senior-level Real Estate Brokers professionals in Massachusetts (90th percentile) earn approximately $92.73/hour, or $192,870.0/year.

How is hourly wage calculated from annual salary?

Hourly wages are calculated by dividing annual salary by 2,080 hours (52 weeks × 40 hours/week). This is the standard full-time conversion used by the Bureau of Labor Statistics.

Related Salary Pages

Data Source

Hourly wage data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects median and percentile wages for Real Estate Brokers (SOC 419021) in Massachusetts.

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