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Real Estate Broker

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AVG. SALARY

$85,820

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EDUCATION

Post-secondary training +

Money & Outlook

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West Virginia Earnings

Average Annual Wage

$85,820

Entry Annual Wage

$32,610

Experienced Annual Wage

$131,610

Average Hourly Wage

$41.26

Entry Hourly Wage

$15.68

Experienced Hourly Wage

$63.27

Median Hourly Wage

$47.34

West Virginia Regional Earnings

West Virginia Metropolitan Areas Wages

Region Average Entry Level Experienced
Charleston MSA N/A N/A N/A
Hagerstown-Martinsburg MD-WV MSA $48,900 or $23.51/hr $35,130 or $16.89/hr $84,080 or $40.42/hr
Huntington-Ashland WV-KY-OH MSA $74,250 or $35.70/hr $31,530 or $15.16/hr $102,900 or $49.47/hr
Washington-Arlington-Alexandria DC-VA-MD-WV $105,800 or $50.87/hr $42,000 or $20.19/hr $180,470 or $86.76/hr

National Earnings

Average Annual Wage

$90,930

Average Hourly Wage

$43.72

Average Annual Range

$36,360 to $173,000

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +6%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 1210 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment small occupation
  This was a small occupation in the United States, employing 123,100 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Average growth
  There will be a continued demand for real estate brokers, because people turn to these workers when looking for a new home, relocating, or purchasing property for a business, among other reasons. Employment is projected to grow along with the real estate market. 
Self-Employment In 2021, 58.9% of the people in this occupation were self-employed.
Industries Large concentrations of this occupation are found in these industries
  • Self-employed workers (58.9%)
  • Real estate and rental and leasing (NAICS530000) (37.6%)
  • Real estate (NAICS531000) (37.6%)