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Real Estate Brokers Salary in Minnesota
Last updated: 2025 BLS data · Page refreshed:
How much do Real Estate Brokers make in Minnesota?
Last updated: 2025 data from the Bureau of Labor Statistics
$39,850
Median Annual Salary
▼
-39.9% vs 2024
$69,350
Mean Salary
$39,850
Median Salary
$19.16
Hourly Rate
Real Estate Brokers salary by percentile in Minnesota
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Real Estate Brokers in Minnesota earn a median salary of $39,850 per year ($3,320/month).
This is 43.1% below the national average of $70,075.
Minnesota ranks #36 out of 36 states for Real Estate Brokers pay.
Salaries decreased by 39.9% 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 Minnesota range from $36,190 at the 10th percentile (entry level) to $146,130 at the 90th percentile (experienced). The middle 50% earn between $39,660 and $92,770.
Median $39,850
P10: $36,190P25: $39,660P75: $92,770P90: $146,130
10th
$36,190
25th
$39,660
Median
$39,850
75th
$92,770
90th
$146,130
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$36,190
$17.40
$3,015
25th Percentile
$39,660
$19.07
$3,305
Median (50th)
$39,850
$19.16
$3,320
75th Percentile
$92,770
$44.60
$7,730
90th Percentile (Experienced)
$146,130
$70.25
$12,177
Note: The mean (average) salary of $69,350 differs from the median because salary distributions are typically skewed by high earners.
How much do Real Estate Brokers make in Minnesota?
The median annual salary for Real Estate Brokers in Minnesota is $39,850 as of 2025. The average (mean) salary is $69,350.
What is the salary range for a Real Estate Brokers in Minnesota?
Salaries for Real Estate Brokers in Minnesota range from $36,190 at the 10th percentile to $146,130 at the 90th percentile. The middle 50% earn between $39,660 and $92,770.
What is the starting salary for a Real Estate Brokers in Minnesota?
Entry-level Real Estate Brokers positions in Minnesota typically start around $36,190 (10th percentile). With some experience, salaries rise to $39,660 (25th percentile).
What is the hourly rate for a Real Estate Brokers in Minnesota?
Based on a standard 2,080-hour work year, the median hourly rate for a Real Estate Brokers in Minnesota is approximately $19.16 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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