Real Estate Brokers Salary in Minneapolis, MN-WI

BLS Occupational Employment & Wage Statistics • May 2025 • Minneapolis-St. Paul-Bloomington, MN-WI

Median annual salary $66,310 -8.3% vs national
Median hourly $31.88
10th percentile $31,940
90th percentile $117,390
Employed locally 980
National median $72,280

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Real Estate Brokers
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Minneapolis, MN-WI
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    Salary percentile breakdown

    10th
    $31,940
    25th
    $66,000
    50th (median)
    $66,310
    75th
    $82,240
    90th
    $117,390

    Minneapolis economic context

    Unemployment rate 2.90% 2024 annual avg • BLS LAUS
    Median household income $98,180 2023 • Census ACS
    Real Estate Brokers salary vs area income 68% Median Real Estate Brokers salary is 32% below the area median household income

    Top-paying metros for Real Estate Brokers

    Metro areaMedian salary
    Des Moines-West Des Moines, IA $157,100
    Springfield, MA $123,090
    Iowa $116,920
    Massachusetts $112,180
    Boston-Cambridge-Newton, MA-NH $108,910
    Vallejo, CA $106,680

    Related occupations in Minneapolis, MN-WI

    OccupationMedian salary
    Retail Salespersons$35,600
    Cashiers$34,530
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$77,700
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$76,870
    First-Line Supervisors of Retail Sales Workers$48,950
    Insurance Sales Agents$81,890

    Frequently asked questions

    How much do Real Estate Brokers make per hour in Minneapolis?

    The median hourly wage for Real Estate Brokers in Minneapolis, MN-WI is $31.88, based on BLS OEWS 2025 data. Top earners (90th percentile) make $77.01 or more per hour.

    Is Minneapolis above or below average for Real Estate Brokers salaries?

    The median Real Estate Brokers salary in Minneapolis, MN-WI is 8.3% below the national median of $72,280. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Real Estate Brokers in Minneapolis?

    Entry-level Real Estate Brokers (10th percentile) earn around $31,940 per year in Minneapolis, MN-WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $66,000.