Average Real Estate Brokers Salary in Texas
Real Estate Brokers in Texas earn an average annual salary of $75,750, which is notably below the national average of $91,770. This disparity is often influenced by a combination of regional market dynamics, commission structures, and the overall economic landscape specific to the Lone Star State. Understanding these localized factors is crucial for professionals in this field.
Executive Summary
- Average Salary: $75,750 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,240.
- Outlook: With a local workforce of 3,370 Real Estate Brokers, Texas presents a substantial, albeit not overwhelmingly concentrated, market. The Location Quotient of 0.76 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a potentially stable demand without extreme saturation. The presence of 0.243 jobs per 1,000 workers further supports a consistent, albeit moderate, job market for these professionals.
Salary Overview
The average Real Estate Brokers in Texas earns-17.5%below the national average.
$36.4
$1,457
$6,313
Real Estate Brokers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the real estate market, and consequently the salaries for brokers, have experienced fluctuations and growth over the past four years. Economic cycles, housing market trends, and evolving consumer demands typically drive salary adjustments, suggesting a likely upward trend in compensation for experienced and successful Real Estate Brokers in Texas.
Real Estate Brokers Salary Distribution in Texas
Salary progression for Real Estate Brokers in Texas typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, often relying more on base commissions. As brokers gain experience, build client networks, and achieve higher sales volumes, their earning potential increases substantially, with senior brokers commanding significantly higher incomes. The percentile gaps in salary data clearly signify this career progression and the rewards of sustained performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $39,970 | $19.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $56,813 | $27.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $66,700 | $32.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $94,688 | $45.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $120,240 | $57.8 |
Detailed Real Estate Brokers Market Analysis
Relocation Context
Nominal Salary
$75,750
Gross Pay
Real Wage (Purchasing Power)
$81,452
Adjusted for COL (93)
The average annual salary of $75,750 in Texas, when viewed against a Cost of Living Index of 93 (meaning it's 7% cheaper than the national average), suggests that the nominal salary offers a reasonable purchasing power. While the salary is lower than the national average, the lower cost of living helps to offset this difference, potentially making the effective take-home value competitive for individuals accustomed to higher-cost regions.
Job Market Context
3,370
Total Jobs
0.243
Per 1K Jobs
0.76
Location Quotient
Texas has 0.76x the national average concentration of Real Estate Brokers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.76 indicates that Real Estate Brokers are employed in Texas at a rate slightly below the national average. This suggests that the job market is not overly saturated, offering a balanced environment for both new entrants and established professionals. While not a hotbed of concentrated activity, the market is robust enough to support a significant number of professionals, implying steady opportunities for those with strong market knowledge and sales acumen.
Nearby Job Markets
Nearby Cities for Real Estate Brokers
| City | Salary | Dist. |
|---|---|---|
| Austin-Round Rock-San Marcos, TX Real Estate Brokers Salary | $72,020↓ 5% | 53 mi |
Comparing salaries near Texas
Hiring Real Estate Brokerss?
Frequently Asked Questions
How much does a Real Estate Brokers make in Texas?
The median annual salary for a Real Estate Brokers in Texas is $75,750. This typically ranges from $39,970 for entry-level positions to $120,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Texas is 17.5% lower than the national median of $91,770.
Is Texas a lucrative place for Real Estate Brokers?
Moderately so, with potential for high earnings.While the average salary is below the national benchmark, the lower cost of living and a stable, non-saturated market offer good earning potential. Experienced brokers can achieve high incomes through commissions.
Is Texas a good place to live for Real Estate Brokers?
With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Texas?
Some top paying nearby cities include Austin-Round Rock-San Marcos, TX ($72,020) and others.
How does the Texas Real Estate Broker salary compare to the national average?
The average annual salary for Real Estate Brokers in Texas is $75,750, which is approximately $16,000 less than the national average of $91,770.
What is the concentration of Real Estate Brokers in Texas?
The concentration, measured by the Location Quotient, is 0.76, indicating slightly less concentration compared to the national average.
How does the cost of living in Texas affect a broker's salary?
With a Cost of Living Index of 93, Texas is 7% cheaper than the national average, meaning the $75,750 salary likely offers better purchasing power than the nominal figure suggests.
What is the total number of Real Estate Brokers in Texas?
There are approximately 3,370 Real Estate Brokers working in Texas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,370 employees in the Texas area with a job density of 0.243 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Real Estate Brokers • Data source: BLS OEWS 2024 •Jobs in Texas