SalaryNode

Average Real Estate Sales Agents Salary in Cleveland, OH

Real Estate Sales Agents in Cleveland, OH, earn an average annual salary of $48,770. This figure is notably lower than the national average of $70,360, reflecting regional economic factors and market dynamics specific to the Cleveland area. Local demand, cost of living, and the overall real estate market maturity significantly influence compensation for these professionals.

Executive Summary

  • Average Salary: $48,770 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $86,890.
  • Outlook: With a total local workforce of 710 Real Estate Sales Agents, Cleveland presents a moderate employment landscape for this profession. The Location Quotient of 0.55 indicates that this role is less concentrated in Cleveland compared to the national average, suggesting a potentially less saturated market but also potentially lower overall demand relative to other industries.
2024 Market Data

Salary Overview

$48,770

The average Real Estate Sales Agents in Cleveland, OH earns-30.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$938

Monthly

$4,064

Real Estate Sales Agents Salary Distribution in Cleveland, OH

Career progression for Real Estate Sales Agents in Cleveland typically involves a significant salary increase with experience. Entry-level agents might start closer to the lower end of the pay scale, while seasoned professionals with established client bases and a proven track record can command significantly higher earnings, often exceeding the average by substantial margins.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$28,890$13.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$36,578$17.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$39,900$19.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$60,963$29.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$86,890$41.8

Detailed Real Estate Sales Agents Market Analysis

Relocation Context

Nominal Salary

$48,770

Gross Pay

Real Wage (Purchasing Power)

$48,770

Adjusted for COL (100)

The average annual salary of $48,770 in Cleveland, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that while the salary is below the national average, the cost of living does not exacerbate the difference.

Job Market Context

710

Total Jobs

0.685

Per 1K Jobs

0.55

Location Quotient

Below Average

Cleveland, OH has 0.55x the national average concentration of Real Estate Sales Agents 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 0.55 for Real Estate Sales Agents in Cleveland signifies that the concentration of these professionals is about half that of the national average. This suggests that while the profession is present, it is not a dominant industry within the local job market, potentially offering opportunities for those looking to enter a less saturated field compared to more concentrated national markets.

Nearby Job Markets

Nearby Cities for Real Estate Sales Agents

CitySalaryDist.
Canton-Massillon, OH Real Estate Sales Agents Salary$57,760↑ 18%49 mi
Youngstown-Warren, OH Real Estate Sales Agents Salary$55,970↑ 15%60 mi

Comparing salaries near Cleveland, OH

Hiring Real Estate Sales Agentss?

Frequently Asked Questions

How much does a Real Estate Sales Agents make in Cleveland, OH?

The median annual salary for a Real Estate Sales Agents in Cleveland, OH is $48,770. This typically ranges from $28,890 for entry-level positions to $86,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 30.7% lower than the national median of $70,360.

Is Cleveland, OH a lucrative place for Real Estate Sales Agents?

No, not particularly lucrative compared to the national average.The average salary of $48,770 is significantly lower than the national average of $70,360. However, the cost of living is also at the national average, meaning the lower salary is somewhat offset by lower expenses.

Is Cleveland, OH a good place to live for Real Estate Sales Agents?

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

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Canton-Massillon, OH ($57,760) and Youngstown-Warren, OH.

How does Cleveland's Real Estate Agent salary compare to the national average?

Real Estate Sales Agents in Cleveland earn approximately $48,770 annually, which is considerably less than the national average of $70,360.

What is the concentration of Real Estate Sales Agents in Cleveland?

Cleveland has a lower concentration of Real Estate Sales Agents compared to the national average, indicated by a Location Quotient of 0.55.

Does the cost of living in Cleveland affect the Real Estate Agent salary?

The cost of living in Cleveland is at the national average (100), meaning the lower nominal salary of $48,770 provides purchasing power equivalent to the national average.

How many Real Estate Sales Agents are there in Cleveland?

There are approximately 710 Real Estate Sales Agents employed in the Cleveland, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Cleveland, OH area with a job density of 0.685 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Cleveland, OH