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Real Estate Brokers Salary in Michigan
Last updated: 2025 BLS data · Page refreshed:
How much do Real Estate Brokers make in Michigan?
Last updated: 2025 data from the Bureau of Labor Statistics
$82,510
Median Annual Salary
▲
+40.7% vs 2024
$86,600
Mean Salary
$82,510
Median Salary
$39.67
Hourly Rate
1,150 people work as Real Estate Brokers in Michigan
Real Estate Brokers salary by percentile in Michigan
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Real Estate Brokers in Michigan earn a median salary of $82,510 per year ($6,875/month).
This is 17.7% above the national average of $70,075.
Michigan ranks #6 out of 36 states for Real Estate Brokers pay.
Approximately 1,150 people work in this occupation across Michigan.
Salaries increased by 40.7% compared to 2024.
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)
Salaries for Real Estate Brokers in Michigan range from $43,990 at the 10th percentile (entry level) to $118,680 at the 90th percentile (experienced). The middle 50% earn between $64,680 and $111,770.
The median annual salary for Real Estate Brokers in Michigan is $82,510 as of 2025. The average (mean) salary is $86,600.
What is the salary range for a Real Estate Brokers in Michigan?
Salaries for Real Estate Brokers in Michigan range from $43,990 at the 10th percentile to $118,680 at the 90th percentile. The middle 50% earn between $64,680 and $111,770.
What is the starting salary for a Real Estate Brokers in Michigan?
Entry-level Real Estate Brokers positions in Michigan typically start around $43,990 (10th percentile). With some experience, salaries rise to $64,680 (25th percentile).
How many people work as Real Estate Brokers in Michigan?
According to 2025 BLS data, approximately 1,150 people are employed as Real Estate Brokers in Michigan.
What is the hourly rate for a Real Estate Brokers in Michigan?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in Michigan is approximately $39.67 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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