Average Real Estate Sales Agents Salary in Crestview-Fort Walton Beach-Destin, FL
Real Estate Sales Agents in the Crestview-Fort Walton Beach-Destin, FL area earn an average annual salary of $67,950. This figure is slightly below the national average of $70,360, indicating a localized compensation structure influenced by regional market dynamics and demand. The specific economic conditions and real estate market activity within this Florida region play a significant role in determining this pay scale.
Executive Summary
- Average Salary: $67,950 per year.
- Growth Trend: Salaries have shifted 33.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,150.
- Outlook: The local job market for Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL, shows a notable concentration, with a Location Quotient of 1.85, suggesting a demand for these professionals that is 85% higher than the national average. With 2.286 jobs per 1,000 workers and a total local workforce of 290 in this role, the market appears robust and offers significant opportunities for those in the field.
Salary Overview
The average Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL earns-3.4%below the national average.
$32.7
$1,307
$5,663
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that the real estate sector, like many others, has experienced fluctuations and growth. Salary trends for Real Estate Sales Agents typically follow market demand, property values, and commission structures, which are likely to have seen upward movement in many areas over the past few years, reflecting a dynamic housing market.
Real Estate Sales Agents Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
The career trajectory for Real Estate Sales Agents typically involves a progression from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data isn't available, it's common for experienced agents to command higher earnings through established client bases, successful negotiation skills, and a deeper understanding of market nuances. The gap between entry-level and senior salaries signifies substantial earning potential as agents build their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $35,430 | $17 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $50,963 | $24.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $53,000 | $25.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $84,938 | $40.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $109,150 | $52.5 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$67,950
Gross Pay
Real Wage (Purchasing Power)
$67,950
Adjusted for COL (100)
With an average annual salary of $67,950 and a Cost of Living Index of 100, Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL, find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary is comparable to that of an agent earning the national average in a location with a national average cost of living.
Job Market Context
290
Total Jobs
2.286
Per 1K Jobs
1.85
Location Quotient
Crestview-Fort Walton Beach-Destin, FL has 1.9x the national concentration of Real Estate Sales Agents 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 1.85 for Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL, signifies a significantly higher concentration of these professionals compared to the national average. This indicates a robust local market with substantial demand for real estate services, potentially offering more opportunities and a competitive environment for agents.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Real Estate Sales Agents Salary | $61,750↓ 9% | 42 mi |
| Panama City-Panama City Beach, FL Real Estate Sales Agents Salary | $76,610↑ 13% | 69 mi |
| Daphne-Fairhope-Foley, AL Real Estate Sales Agents Salary | $58,290↓ 14% | 78 mi |
| Mobile, AL Real Estate Sales Agents Salary | $54,490↓ 20% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
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Frequently Asked Questions
How much does a Real Estate Sales Agents make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL is $67,950. This typically ranges from $35,430 for entry-level positions to $109,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 3.4% lower than the national median of $70,360.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Real Estate Sales Agents?
Yes, with a caveat.The high concentration (LQ 1.85) suggests strong local demand, but the average salary is slightly below the national average. However, the cost of living being at the national average means the salary's purchasing power is stable.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($61,750) and Panama City-Panama City Beach, FL.
How does the Crestview-Fort Walton Beach-Destin, FL salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL is $67,950, which is slightly lower than the national average of $70,360.
What is the concentration of Real Estate Sales Agents in this area?
The Location Quotient (LQ) for Real Estate Sales Agents in Crestview-Fort Walton Beach-Destin, FL is 1.85, indicating that the area has 85% more of these professionals than the national average.
How does the cost of living in Crestview-Fort Walton Beach-Destin, FL affect salary perception?
The Cost of Living Index is 100, which is the national average. This means the $67,950 salary has the same purchasing power as the national average salary in a national average cost of living area.
What does the job market size suggest for Real Estate Sales Agents in this location?
With 2.286 jobs per 1,000 workers and a total local workforce of 290, the market indicates a healthy demand and a significant presence of Real Estate Sales Agents in the Crestview-Fort Walton Beach-Destin, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 2.286 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 Sales Agents • Data source: BLS OEWS 2024 •Jobs in Crestview-Fort Walton Beach-Destin, FL