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Real Estate Brokers Salary in Illinois

How much does a Real Estate Brokers make in Illinois?

Last updated: 2024 data from the Bureau of Labor Statistics

$55,290
Median Annual Salary
$75,150
Mean Salary
$55,290
Median Salary
$26.58
Hourly Rate
1,620 people work as Real Estate Brokers in Illinois

About This Job: Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

Top Skills

Speaking
4.0
Reading Comprehension
3.88
Active Listening
3.88
Critical Thinking
3.88
Active Learning
3.62

Key Knowledge Areas

Sales and Marketing
4.49
Customer and Personal Service
4.26
English Language
4.13
Law and Government
4.0
Administration and Management
3.94
Typical Education: Bachelor's Degree (36.7% of workers)

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

Salary Range: Real Estate Brokers in Illinois

Salaries for Real Estate Brokers in Illinois range from $35,950 at the 10th percentile (entry level) to $133,340 at the 90th percentile (experienced). The middle 50% earn between $49,280 and $102,570.

Median $55,290
P10: $35,950 P25: $49,280 P75: $102,570 P90: $133,340
10th
$35,950
25th
$49,280
Median
$55,290
75th
$102,570
90th
$133,340
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $35,950 $17.28 $2,995
25th Percentile $49,280 $23.69 $4,106
Median (50th) $55,290 $26.58 $4,607
75th Percentile $102,570 $49.31 $8,547
90th Percentile (Experienced) $133,340 $64.11 $11,111

Note: The mean (average) salary of $75,150 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 Brokers salary in Illinois adjusted for cost of living →

Real Estate Brokers Salary by State

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

View all 50 states →

Frequently Asked Questions

How much does a Real Estate Brokers make in Illinois?
The median annual salary for a Real Estate Brokers in Illinois is $55,290 as of 2024. The average (mean) salary is $75,150.
What is the salary range for a Real Estate Brokers in Illinois?
Salaries for Real Estate Brokers in Illinois range from $35,950 at the 10th percentile to $133,340 at the 90th percentile. The middle 50%% earn between $49,280 and $102,570.
What is the starting salary for a Real Estate Brokers in Illinois?
Entry-level Real Estate Brokers positions in Illinois typically start around $35,950 (10th percentile). With some experience, salaries rise to $49,280 (25th percentile).
How many people work as Real Estate Brokers in Illinois?
According to 2024 BLS data, approximately 1,620 people are employed as Real Estate Brokers in Illinois.
What is the hourly rate for a Real Estate Brokers in Illinois?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in Illinois is approximately $26.58 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