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Average Real Estate Brokers Salary in Springfield, MA

Yes, Springfield, MA is a highly lucrative market for Real Estate Brokerss. With an average annual salary of $132,250, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $132,250 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,110.
  • Outlook: This role remains a specialized component of the broader Springfield, MA economy.
2024 Market Data

Salary Overview

$132,250

The average Real Estate Brokers in Springfield, MA earns+44.1%above the national average.

BreakdownBased on 40h/week
Hourly

$63.6

Weekly

$2,543

Monthly

$11,021

Real Estate Brokers Salary Distribution in Springfield, MA

The earning potential for Real Estate Brokerss in Springfield, MA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,190, while highly experienced professionals can command wages upwards of $164,110.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$59,190$28.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$99,188$47.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$123,090$59.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$165,313$79.5
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$164,110$78.9

Detailed Real Estate Brokers Market Analysis

Relocation Context

Nominal Salary

$132,250

Gross Pay

Real Wage (Purchasing Power)

$132,250

Adjusted for COL (100)

In Springfield, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $132,250 to $132,250.

Nearby Job Markets

Nearby Cities for Real Estate Brokers

CitySalaryDist.
Worcester, MA Real Estate Brokers Salary$106,100↓ 20%39 mi

Comparing salaries near Springfield, MA

Hiring Real Estate Brokerss?

Frequently Asked Questions

How much does a Real Estate Brokers make in Springfield, MA?

The median annual salary for a Real Estate Brokers in Springfield, MA is $132,250. This typically ranges from $59,190 for entry-level positions to $164,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 44.1% higher than the national median of $91,770.

Is Springfield, MA a good place for Real Estate Brokerss?

Yes, Springfield, MA is financially attractive for Real Estate Brokerss. The average salary of $132,250 exceeds the national average. See distinct detailed breakdown below.

Is Springfield, MA a good place to live for Real Estate Brokers?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Worcester, MA ($106,100) and others.

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 Springfield, MA 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 Springfield, MA