Average Real Estate Sales Agents Salary in Fayetteville-Springdale-Rogers, AR
Real Estate Sales Agents in the Fayetteville-Springdale-Rogers, AR area earn an average annual salary of $46,180. This figure is notably lower than the national average of $70,360, reflecting regional economic factors and market dynamics specific to Northwest Arkansas. The local demand and cost of doing business significantly influence compensation levels for professionals in this sector.
Executive Summary
- Average Salary: $46,180 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,140.
- Outlook: The local job market for Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR, shows a healthy concentration, with a Location Quotient of 1.61 indicating a presence nearly 61% higher than the national average. With approximately 1.99 jobs per 1,000 workers and a total local workforce of 530 in this role, the market suggests a robust demand and a stable environment for real estate professionals.
Salary Overview
The average Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR earns-34.4%below the national average.
$22.2
$888
$3,848
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 salaries for Real Estate Sales Agents in growing metropolitan areas like Fayetteville-Springdale-Rogers have experienced a steady upward trend. This growth is typically driven by increasing property values, market expansion, and a consistent demand for housing and commercial spaces, leading to potential increases in commission earnings and base salaries over time.
Real Estate Sales Agents Salary Distribution in Fayetteville-Springdale-Rogers, AR
Career progression for Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR, is typically marked by increasing earning potential. Entry-level agents may start with lower base salaries or commission rates, while experienced professionals with a proven track record and established client networks can command significantly higher incomes. The percentile gaps in salary data clearly signify this career trajectory, rewarding skill, negotiation prowess, and market expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $22,880 | $11 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $34,635 | $16.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $37,260 | $17.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $57,725 | $27.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $71,140 | $34.2 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$46,180
Gross Pay
Real Wage (Purchasing Power)
$46,180
Adjusted for COL (100)
The average annual salary of $46,180 for Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly in line with the rest of the country, suggesting that while the pay is below the national average, the cost of living does not exacerbate the difference, offering a balanced financial environment.
Job Market Context
530
Total Jobs
1.988
Per 1K Jobs
1.61
Location Quotient
Fayetteville-Springdale-Rogers, AR has 1.6x 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.
With a Location Quotient of 1.61, the Fayetteville-Springdale-Rogers, AR metropolitan area exhibits a significantly higher concentration of Real Estate Sales Agents compared to the national average. This suggests a more competitive, yet potentially more opportunity-rich, market. The abundance of professionals in this field indicates a strong local real estate industry, where agents can find ample work but must also differentiate themselves to succeed.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Real Estate Sales Agents Salary | $55,610↑ 20% | 51 mi |
| Springfield, MO Real Estate Sales Agents Salary | $37,330↓ 19% | 91 mi |
| Tulsa, OK Real Estate Sales Agents Salary | $60,840↑ 32% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
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Frequently Asked Questions
How much does a Real Estate Sales Agents make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR is $46,180. This typically ranges from $22,880 for entry-level positions to $71,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 34.4% lower than the national median of $70,360.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Real Estate Sales Agents?
No, not compared to the national average.While the cost of living is average, the average salary for Real Estate Sales Agents is substantially lower than the national benchmark. However, the high concentration suggests a robust local market with potential for experienced agents.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($55,610) and Springfield, MO.
How does the local salary compare to the national average?
The average salary for Real Estate Sales Agents in Fayetteville-Springdale-Rogers, AR is $46,180, which is considerably lower than the national average of $70,360.
What is the Cost of Living in Fayetteville-Springdale-Rogers, AR?
The Cost of Living Index for Fayetteville-Springdale-Rogers, AR is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the United States.
Is there high demand for Real Estate Sales Agents in this area?
The Location Quotient of 1.61 suggests a higher-than-average concentration of Real Estate Sales Agents, indicating a strong presence and likely consistent demand within the local real estate market.
How many Real Estate Sales Agents are there in Fayetteville-Springdale-Rogers, AR?
The total local workforce for Real Estate Sales Agents in the Fayetteville-Springdale-Rogers, AR area is approximately 530 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 1.988 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 Fayetteville-Springdale-Rogers, AR