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Average Real Estate Sales Agents Salary in Binghamton, NY

Yes, Binghamton, NY is a highly lucrative market for Real Estate Sales Agentss. With an average annual salary of $78,170, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $78,170 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $141,290.
  • Outlook: The current demand for Real Estate Sales Agentss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
2024 Market Data

Salary Overview

$78,170

The average Real Estate Sales Agents in Binghamton, NY earns+11.1%above the national average.

BreakdownBased on 40h/week
Hourly

$37.6

Weekly

$1,503

Monthly

$6,514

Real Estate Sales Agents Salary Distribution in Binghamton, NY

The earning potential for Real Estate Sales Agentss in Binghamton, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $34,200, while highly experienced professionals can command wages upwards of $141,290.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$34,200$16.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$58,628$28.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$75,280$36.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$97,713$47
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$141,290$67.9

Detailed Real Estate Sales Agents Market Analysis

Relocation Context

Nominal Salary

$78,170

Gross Pay

Real Wage (Purchasing Power)

$78,170

Adjusted for COL (100)

In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $78,170 to $78,170.

Job Market Context

40

Total Jobs

0.457

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Binghamton, NY has a notably lower concentration of Real Estate Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.

40 people work as Real Estate Sales Agents in Binghamton, NY.

Only 0.457 out of every 1,000 local jobs are Real Estate Sales Agents roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Real Estate Sales Agents

Comparing salaries near Binghamton, NY

Hiring Real Estate Sales Agentss?

Frequently Asked Questions

How much does a Real Estate Sales Agents make in Binghamton, NY?

The median annual salary for a Real Estate Sales Agents in Binghamton, NY is $78,170. This typically ranges from $34,200 for entry-level positions to $141,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 11.1% higher than the national median of $70,360.

Is Binghamton, NY a good place for Real Estate Sales Agentss?

Yes, Binghamton, NY is financially attractive for Real Estate Sales Agentss. The average salary of $78,170 exceeds the national average. See distinct detailed breakdown below.

Is Binghamton, NY a good place to live for Real Estate Sales Agents?

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

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Southwest New York nonmetropolitan area ($83,030) and Central East New York 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 40 employees in the Binghamton, NY area with a job density of 0.457 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.