verified BLS-Verified Source: U.S. Bureau of Labor Statistics (BLS) May 2025 release

Real Estate Agent Salary in Minnesota

Median Annual in Minnesota
$46,410/yr
Median Hourly Wage
$22.31/hr
▼ 12% below U.S. median

Salary Distribution in Minnesota

groups Employed in MN
2,530
public U.S. Median
$52,830
savings Real pay (cost-adjusted)
$47,059 #42 of 48

Real Estate Agent pay in Minnesota, explained

Real estate agents in Minnesota earn a median of $46,410 per year ($22.31 per hour), which is 12% below the national median of $52,830. Entry-level workers earn around $36,150, while the most experienced real estate agents reach about $108,040. Pay varies by employer, setting, and metro area within Minnesota.

Is $46,410 good pay in Minnesota?

Adjusted for Minnesota's cost of living (which runs 99% of the U.S. average), that $46,410 is worth about $47,059 in national buying power — ranking Minnesota #42 for real pay (vs #38 on the sticker number).

See the full Real Estate Agent Real Pay Index arrow_forward

Real Estate Agent pay by experience in Minnesota

Entry level (10th pct)
$36,150
$17.38/hr
Median
Mid-career (50th pct)
$46,410
$22.31/hr
Experienced (90th pct)
$108,040
$51.94/hr

Real Estate Agent pay in neighboring states

StateMedian / yrReal payvs MN
Minnesota (here) $46,410 $47,059
North Dakota $73,920 $83,094 −$27,510
South Dakota $65,170 $73,567 −$18,760
Wisconsin $58,120 $61,767 −$11,710

Real Estate Agent in Minnesota: FAQ

How much do real estate agents make in Minnesota?

Real estate agents in Minnesota earn a median of $46,410 per year ($22.31 per hour), compared with $52,830 nationally.

Does Minnesota pay real estate agents well?

At $46,410, Minnesota pays 12% below the national median for real estate agents. An estimated 2,530 work in the state.

Real Estate Agent salary in other states

All 48 states ranked arrow_forward

Related careers in Minnesota