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Average Real Estate Brokers Salary in Durham-Chapel Hill, NC

Yes, Durham-Chapel Hill, NC is a highly lucrative market for Real Estate Brokerss. With an average annual salary of $117,070, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $117,070 per year.
  • Growth Trend: Salaries have shifted 106.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $181,000.
  • Outlook: This role remains a specialized component of the broader Durham-Chapel Hill, NC economy.
2024 Market Data

Salary Overview

$117,070

The average Real Estate Brokers in Durham-Chapel Hill, NC earns+27.6%above the national average.

BreakdownBased on 40h/week
Hourly

$56.3

Weekly

$2,251

Monthly

$9,756

Real Estate Brokers Salary Distribution in Durham-Chapel Hill, NC

The earning potential for Real Estate Brokerss in Durham-Chapel Hill, NC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $54,230, while highly experienced professionals can command wages upwards of $181,000.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$54,230$26.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$87,803$42.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$92,310$44.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$146,338$70.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$181,000$87

Detailed Real Estate Brokers Market Analysis

Relocation Context

Nominal Salary

$117,070

Gross Pay

Real Wage (Purchasing Power)

$117,070

Adjusted for COL (100)

In Durham-Chapel Hill, NC, the Cost of Living Index is 100. This increases your effective purchasing power from $117,070 to $117,070.

Nearby Job Markets

Nearby Cities for Real Estate Brokers

CitySalaryDist.
Raleigh-Cary, NC Real Estate Brokers Salary$85,140↓ 27%18 mi
Western North Carolina nonmetropolitan area Real Estate Brokers Salary$65,560↓ 44%56 mi

Comparing salaries near Durham-Chapel Hill, NC

Hiring Real Estate Brokerss?

Frequently Asked Questions

How much does a Real Estate Brokers make in Durham-Chapel Hill, NC?

The median annual salary for a Real Estate Brokers in Durham-Chapel Hill, NC is $117,070. This typically ranges from $54,230 for entry-level positions to $181,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 27.6% higher than the national median of $91,770.

Is Durham-Chapel Hill, NC a good place for Real Estate Brokerss?

Yes, Durham-Chapel Hill, NC is financially attractive for Real Estate Brokerss. The average salary of $117,070 exceeds the national average. See distinct detailed breakdown below.

Is Durham-Chapel Hill, NC a good place to live for Real Estate Brokers?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($85,140) and Western North Carolina nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Durham-Chapel Hill, NC area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Real Estate Brokers • Data source: BLS OEWS 2024 •Jobs in Durham-Chapel Hill, NC