Real Estate Brokers Salary in Phoenix, AZ

BLS Occupational Employment & Wage Statistics • May 2025 • Phoenix-Mesa-Chandler, AZ

Median annual salary $53,700 -25.7% vs national
Median hourly $25.82
10th percentile $31,860
90th percentile $156,930
National median $72,280

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Real Estate Brokers
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    Salary percentile breakdown

    10th
    $31,860
    25th
    $43,370
    50th (median)
    $53,700
    75th
    $103,910
    90th
    $156,930

    Phoenix economic context

    Unemployment rate 3.20% 2024 annual avg • BLS LAUS
    Median household income $84,703 2023 • Census ACS
    Real Estate Brokers salary vs area income 63% Median Real Estate Brokers salary is 37% 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

    Nearby metros — Real Estate Brokers salary comparison

    Metro areaMedian salary
    Flagstaff, AZ $72,800
    Tucson, AZ $48,490

    Related occupations in Phoenix, AZ

    OccupationMedian salary
    Retail Salespersons$35,550
    Cashiers$33,700
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$65,640
    First-Line Supervisors of Retail Sales Workers$46,930
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$67,960
    Securities, Commodities, and Financial Services Sales Agents$61,600

    Frequently asked questions

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

    The median hourly wage for Real Estate Brokers in Phoenix, AZ is $25.82, based on BLS OEWS 2025 data. Top earners (90th percentile) make $46.90 or more per hour.

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

    The median Real Estate Brokers salary in Phoenix, AZ is 25.7% 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 Phoenix?

    Entry-level Real Estate Brokers (10th percentile) earn around $31,860 per year in Phoenix, AZ. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $43,370.