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Average Real Estate Brokers Salary in Oregon

Real Estate Brokers in Oregon earn an average annual salary of $76,680, which is notably below the national average of $91,770. This disparity is often influenced by a combination of regional market dynamics, the specific economic landscape of Oregon, and the overall demand for real estate services within the state.

Executive Summary

  • Average Salary: $76,680 per year.
  • Growth Trend: Salaries have shifted 25.4% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,770.
  • Outlook: With a local workforce of 1,620 Real Estate Brokers, Oregon presents a significant concentration of professionals in this field, indicated by a Location Quotient of 2.56. This suggests that the demand and presence of these professionals are more than double the national average, pointing towards a robust and active market for real estate services within the state.
2024 Market Data

Salary Overview

$76,680

The average Real Estate Brokers in Oregon earns-16.4%below the national average.

BreakdownBased on 40h/week
Hourly

$36.9

Weekly

$1,475

Monthly

$6,390

Real Estate Brokers Salary Distribution in Oregon

The career trajectory for Real Estate Brokers in Oregon typically shows a substantial salary increase with experience. Entry-level brokers might start closer to the lower percentiles, while seasoned professionals with extensive networks and a proven track record can command salaries significantly higher than the average, often reaching into the upper percentiles of earnings.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$59,520$28.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$57,510$27.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$70,860$34.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$95,850$46.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$100,770$48.4

Detailed Real Estate Brokers Market Analysis

Relocation Context

Nominal Salary

$76,680

Gross Pay

Real Wage (Purchasing Power)

$66,620

Adjusted for COL (115.1)

Oregon's Cost of Living Index stands at 115.1, meaning it is 15.1% more expensive to live in than the national average. Consequently, the nominal salary of $76,680 for Real Estate Brokers in Oregon may have reduced purchasing power when compared to the national average salary in a more cost-neutral location.

Job Market Context

1,620

Total Jobs

0.824

Per 1K Jobs

2.56

Location Quotient

Major Hub

Oregon has 2.6x the national concentration of Real Estate Brokers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.56 for Real Estate Brokers in Oregon signifies a highly concentrated job market, indicating that this profession is significantly more prevalent in Oregon than across the United States. This high concentration suggests a strong demand for real estate services and a competitive environment for brokers operating within the state.

Nearby Job Markets

Nearby Cities for Real Estate Brokers

CitySalaryDist.
Salem, OR Real Estate Brokers Salary$83,750↑ 9%53 mi
Corvallis, OR Real Estate Brokers Salary$88,720↑ 16%59 mi
Eugene-Springfield, OR Real Estate Brokers Salary$84,030↑ 10%63 mi

Comparing salaries near Oregon

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Frequently Asked Questions

How much does a Real Estate Brokers make in Oregon?

The median annual salary for a Real Estate Brokers in Oregon is $76,680. This typically ranges from $59,520 for entry-level positions to $100,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oregon is 16.4% lower than the national median of $91,770.

Is Oregon a lucrative place for Real Estate Brokers?

No, not when compared to the national average.While Oregon has a high concentration of Real Estate Brokers, the average salary of $76,680 is below the national average of $91,770. Coupled with a higher cost of living, the take-home value may be less than in other regions.

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

The Cost of Living Index in Oregon is 115.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Oregon?

Some top paying nearby cities include Salem, OR ($83,750) and Corvallis, OR.

How does the number of Real Estate Brokers in Oregon compare nationally?

Oregon has 1,620 Real Estate Brokers, and its Location Quotient of 2.56 indicates a concentration more than double the national average, suggesting a significant presence in the state.

What is the average salary for a Real Estate Broker in Oregon?

The average annual salary for a Real Estate Broker in Oregon is $76,680.

How does Oregon's cost of living affect a Real Estate Broker's salary?

With a Cost of Living Index of 115.1, Oregon is more expensive than the national average. This means the $76,680 salary may not stretch as far as a similar salary in a less expensive state.

Are there many job opportunities for Real Estate Brokers in Oregon?

The high Location Quotient of 2.56 suggests a robust market with a high density of Real Estate Brokers, implying strong demand and numerous opportunities within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,620 employees in the Oregon area with a job density of 0.824 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 Oregon