Average Real Estate Sales Agents Salary in Gainesville, FL
Real Estate Sales Agents in Gainesville, FL, earn an average annual salary of $61,360. This figure is notably below the national average of $70,360, suggesting that local market dynamics and economic factors in Gainesville influence compensation. The specific economic landscape and demand for real estate services within the Gainesville area likely contribute to this pay differential.
Executive Summary
- Average Salary: $61,360 per year.
- Growth Trend: Salaries have shifted 29.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,990.
- Outlook: With a total local workforce of 270 Real Estate Sales Agents, Gainesville presents a moderately concentrated market. The Location Quotient of 1.43 indicates a higher concentration of these professionals compared to the national average, suggesting a robust demand or a well-established presence of real estate services in the area. The 1.767 jobs per 1,000 workers further supports the notion of consistent employment opportunities within this sector.
Salary Overview
The average Real Estate Sales Agents in Gainesville, FL earns-12.8%below the national average.
$29.5
$1,180
$5,113
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Real Estate Sales Agents in Gainesville have experienced growth over the past four years, mirroring national trends. Economic recovery, shifts in the housing market, and evolving consumer demand typically drive salary increases in this profession, reflecting both inflation and increased demand for skilled agents.
Real Estate Sales Agents Salary Distribution in Gainesville, FL
The career path for Real Estate Sales Agents typically involves significant salary progression with experience. Entry-level agents may start at the lower end of the pay scale, while seasoned professionals with a proven track record and extensive client networks can command significantly higher earnings. The percentile gaps in salary distribution underscore the substantial earning potential that comes with accumulating experience and expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,680 | $14.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $46,020 | $22.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,470 | $23.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,700 | $36.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $149,990 | $72.1 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$61,360
Gross Pay
Real Wage (Purchasing Power)
$61,360
Adjusted for COL (100)
The average annual salary of $61,360 in Gainesville, FL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Real Estate Sales Agent's salary in Gainesville is equivalent to that of an agent earning the national average in a typical U.S. city. Therefore, the nominal salary effectively translates to a comparable standard of living locally.
Job Market Context
270
Total Jobs
1.767
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Gainesville, FL has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
A Location Quotient of 1.43 signifies that Real Estate Sales Agents are more concentrated in Gainesville, FL, than the national average. This suggests a potentially competitive market, but also indicates a strong demand for these services within the local economy. The higher concentration implies that the industry is a significant component of Gainesville's employment landscape.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Jacksonville, FL Real Estate Sales Agents Salary | $73,610↑ 20% | 60 mi |
| Homosassa Springs, FL Real Estate Sales Agents Salary | $62,820↑ 2% | 61 mi |
| Wildwood-The Villages, FL Real Estate Sales Agents Salary | $71,520↑ 17% | 66 mi |
| Deltona-Daytona Beach-Ormond Beach, FL Real Estate Sales Agents Salary | $66,310↑ 8% | 87 mi |
Comparing salaries near Gainesville, FL
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Gainesville, FL?
The median annual salary for a Real Estate Sales Agents in Gainesville, FL is $61,360. This typically ranges from $29,680 for entry-level positions to $149,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Gainesville, FL is 12.8% lower than the national median of $70,360.
Is Gainesville, FL a lucrative place for Real Estate Sales Agents?
Yes, with caveats.While the average salary is below the national average, the strong concentration (LQ 1.43) and cost of living matching the national average suggest a stable and potentially rewarding market for experienced agents.
Is Gainesville, FL a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Gainesville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Gainesville, FL?
Some top paying nearby cities include Jacksonville, FL ($73,610) and Homosassa Springs, FL.
How does the Gainesville salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Gainesville, FL, is $61,360, which is $9,000 less than the national average of $70,360.
What is the Cost of Living in Gainesville, FL?
Gainesville, FL, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
Is there high demand for Real Estate Sales Agents in Gainesville?
The Location Quotient of 1.43 suggests a higher concentration of Real Estate Sales Agents in Gainesville compared to the national average, implying a robust and active market for these professionals.
How many Real Estate Sales Agents are there in Gainesville?
The total local workforce for Real Estate Sales Agents in Gainesville, FL, consists of 270 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Gainesville, FL area with a job density of 1.767 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 Gainesville, FL