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Average Real Estate Brokers Salary in Massachusetts

Yes, Massachusetts is a highly lucrative market for Real Estate Brokerss. With an average annual salary of $128,340, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $128,340 per year.
  • Growth Trend: Salaries have shifted 30.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $188,800.
  • Outlook: This role remains a specialized component of the broader Massachusetts economy.
2024 Market Data

Salary Overview

$128,340

The average Real Estate Brokers in Massachusetts earns+39.8%above the national average.

BreakdownBased on 40h/week
Hourly

$61.7

Weekly

$2,468

Monthly

$10,695

Real Estate Brokers Salary Distribution in Massachusetts

The earning potential for Real Estate Brokerss in Massachusetts varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,450, while highly experienced professionals can command wages upwards of $188,800.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$48,450$23.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$96,255$46.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$112,180$53.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$160,425$77.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$188,800$90.8

Detailed Real Estate Brokers Market Analysis

Relocation Context

Nominal Salary

$128,340

Gross Pay

Real Wage (Purchasing Power)

$86,482

Adjusted for COL (148.4)

While the average salary of $128,340 in Massachusetts is 40% higher than the national average, you should be aware of the cost of living. With a Cost of Living Index of 148.4, your real purchasing power is actually lower, effectively feeling like $86,482.

Nearby Job Markets

Nearby Cities for Real Estate Brokers

CitySalaryDist.
Worcester, MA Real Estate Brokers Salary$106,100↓ 17%14 mi
Boston-Cambridge-Newton, MA-NH Real Estate Brokers Salary$120,390↓ 6%24 mi
Springfield, MA Real Estate Brokers Salary$132,250↑ 3%52 mi

Comparing salaries near Massachusetts

Hiring Real Estate Brokerss?

Frequently Asked Questions

How much does a Real Estate Brokers make in Massachusetts?

The median annual salary for a Real Estate Brokers in Massachusetts is $128,340. This typically ranges from $48,450 for entry-level positions to $188,800 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Massachusetts is 39.8% higher than the national median of $91,770.

Is Massachusetts a good place for Real Estate Brokerss?

Yes, Massachusetts is financially attractive for Real Estate Brokerss. The average salary of $128,340 exceeds the national average. See distinct detailed breakdown below.

Is Massachusetts a good place to live for Real Estate Brokers?

The Cost of Living Index in Massachusetts is 148.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Massachusetts?

Some top paying nearby cities include Worcester, MA ($106,100) and Boston-Cambridge-Newton, MA-NH.

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 Massachusetts 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 Massachusetts