Real Estate Sales Agents Salary in Memphis, TN-MS-AR

BLS Occupational Employment & Wage Statistics • May 2025 • Memphis, TN-MS-AR

Median annual salary $46,090 -18.2% vs national
Median hourly $22.16
10th percentile $31,550
90th percentile $98,280
Employed locally 510
National median $56,320

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Type a city below to see how Memphis, TN-MS-AR stacks up on salary and cost of living.

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Real Estate Sales Agents
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Memphis, TN-MS-AR
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    Salary percentile breakdown

    10th
    $31,550
    25th
    $34,930
    50th (median)
    $46,090
    75th
    $73,900
    90th
    $98,280

    Memphis economic context

    Unemployment rate 4.10% 2024 annual avg • BLS LAUS
    Median household income $64,743 2023 • Census ACS
    Real Estate Sales Agents salary vs area income 71% Median Real Estate Sales Agents salary is 29% below the area median household income

    Top-paying metros for Real Estate Sales Agents

    Metro areaMedian salary
    Midland, TX $106,340
    Burlington-South Burlington, VT $103,930
    Kiryas Joel-Poughkeepsie-Newburgh, NY $101,370
    New York-Newark-Jersey City, NY-NJ $100,440
    New York $97,440
    Walla Walla, WA $94,310

    Nearby metros — Real Estate Sales Agents salary comparison

    Metro areaMedian salary
    Johnson City, TN $60,000
    Chattanooga, TN-GA $50,550
    Clarksville, TN-KY $40,080
    Kingsport-Bristol, TN-VA $39,350
    Knoxville, TN $38,590
    Nashville-Davidson--Murfreesboro--Franklin, TN $38,320

    Related occupations in Memphis, TN-MS-AR

    OccupationMedian salary
    Retail Salespersons $30,200
    Cashiers $27,750
    First-Line Supervisors of Retail Sales Workers $45,550
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products $58,890
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel $54,930
    Securities, Commodities, and Financial Services Sales Agents $58,200

    Frequently asked questions

    How much do Real Estate Sales Agents make per hour in Memphis?

    The median hourly wage for Real Estate Sales Agents in Memphis, TN-MS-AR is $22.16, based on BLS OEWS 2025 data. Top earners (90th percentile) make $50.46 or more per hour.

    Is Memphis above or below average for Real Estate Sales Agents salaries?

    The median Real Estate Sales Agents salary in Memphis, TN-MS-AR is 18.2% below the national median of $56,320. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Real Estate Sales Agents in Memphis?

    Entry-level Real Estate Sales Agents (10th percentile) earn around $31,550 per year in Memphis, TN-MS-AR. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $34,930.