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Real Estate Brokers Salary in Maryland

How much does a Real Estate Brokers make in Maryland?

Last updated: 2024 data from the Bureau of Labor Statistics

$82,500
Median Annual Salary
$94,660
Mean Salary
$82,500
Median Salary
$39.66
Hourly Rate

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 Maryland

Salaries for Real Estate Brokers in Maryland range from $54,570 at the 10th percentile (entry level) to $160,010 at the 90th percentile (experienced). The middle 50% earn between $54,570 and $118,460.

Median $82,500
P10: $54,570 P25: $54,570 P75: $118,460 P90: $160,010
10th
$54,570
25th
$54,570
Median
$82,500
75th
$118,460
90th
$160,010
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $54,570 $26.24 $4,547
25th Percentile $54,570 $26.24 $4,547
Median (50th) $82,500 $39.66 $6,875
75th Percentile $118,460 $56.95 $9,871
90th Percentile (Experienced) $160,010 $76.93 $13,334

Note: The mean (average) salary of $94,660 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 Maryland 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 Maryland?
The median annual salary for a Real Estate Brokers in Maryland is $82,500 as of 2024. The average (mean) salary is $94,660.
What is the salary range for a Real Estate Brokers in Maryland?
Salaries for Real Estate Brokers in Maryland range from $54,570 at the 10th percentile to $160,010 at the 90th percentile. The middle 50%% earn between $54,570 and $118,460.
What is the starting salary for a Real Estate Brokers in Maryland?
Entry-level Real Estate Brokers positions in Maryland typically start around $54,570 (10th percentile). With some experience, salaries rise to $54,570 (25th percentile).
What is the hourly rate for a Real Estate Brokers in Maryland?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in Maryland is approximately $39.66 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