Average Real Estate Sales Agents Salary in Greensboro-High Point, NC
Real Estate Sales Agents in the Greensboro-High Point, NC area earn an average annual salary of $65,220. This figure is slightly below the national average of $70,360, suggesting localized market dynamics and demand influence compensation. Factors such as regional economic health and housing market trends in Greensboro-High Point play a significant role in shaping the earning potential for these professionals.
Executive Summary
- Average Salary: $65,220 per year.
- Growth Trend: Salaries have shifted 48.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,450.
- Outlook: The Greensboro-High Point market demonstrates a healthy presence of Real Estate Sales Agents, with a total local workforce of 470 individuals. The Location Quotient of 1.07 indicates a concentration of these roles slightly above the national average, suggesting a stable and potentially growing demand for real estate services within the region. This robust workforce size and concentration point to a resilient job market for real estate professionals in this area.
Salary Overview
The average Real Estate Sales Agents in Greensboro-High Point, NC earns-7.3%below the national average.
$31.4
$1,254
$5,435
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for Greensboro-High Point is not provided, it is generally observed that salaries for Real Estate Sales Agents nationwide have experienced steady growth over the past four years, driven by market fluctuations and increasing demand for housing. It is reasonable to assume that the Greensboro-High Point market has mirrored this trend, with agents seeing incremental increases in their earnings as the real estate sector evolves.
Real Estate Sales Agents Salary Distribution in Greensboro-High Point, NC
Career progression for Real Estate Sales Agents in Greensboro-High Point typically involves a significant salary increase with experience. Entry-level agents may start at the lower end of the pay scale, while seasoned professionals with established client bases and a proven track record can command significantly higher earnings. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,730 | $16.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,915 | $23.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $51,020 | $24.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $81,525 | $39.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $100,450 | $48.3 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$65,220
Gross Pay
Real Wage (Purchasing Power)
$65,220
Adjusted for COL (100)
The average annual salary of $65,220 for Real Estate Sales Agents in Greensboro-High Point aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an agent's salary in this area is equivalent to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective compared to the rest of the country.
Job Market Context
470
Total Jobs
1.321
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Greensboro-High Point, NC has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
With a Location Quotient of 1.07, the Greensboro-High Point area exhibits a slightly higher concentration of Real Estate Sales Agents than the national average. This suggests a competitive yet well-established market for these professionals. While not overwhelmingly saturated, the presence of more agents per capita than the national norm indicates a healthy demand for real estate services and a dynamic environment for agents to operate within.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Winston-Salem, NC Real Estate Sales Agents Salary | $49,070↓ 25% | 23 mi |
| Eastern North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $48,550↓ 26% | 32 mi |
| Western North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $56,160↓ 14% | 32 mi |
| Central North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $55,810↓ 14% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Greensboro-High Point, NC?
The median annual salary for a Real Estate Sales Agents in Greensboro-High Point, NC is $65,220. This typically ranges from $34,730 for entry-level positions to $100,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 7.3% lower than the national median of $70,360.
Is Greensboro-High Point, NC a lucrative place for Real Estate Sales Agentss?
Moderately lucrative, with earnings at the national average for cost of living.While the average salary of $65,220 is slightly below the national average, the cost of living is exactly at the national average, making the effective earning potential comparable. The slightly above-average concentration of agents suggests a stable market.
Is Greensboro-High Point, NC a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Winston-Salem, NC ($49,070) and Eastern North Carolina nonmetropolitan area.
How does the Greensboro-High Point salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Greensboro-High Point is $65,220, which is approximately $5,140 less than the national average of $70,360.
What is the significance of the Location Quotient (LQ) for Real Estate Sales Agents in Greensboro-High Point?
An LQ of 1.07 means that Real Estate Sales Agents are 7% more concentrated in Greensboro-High Point compared to the national average, indicating a slightly higher prevalence and potentially stronger local demand for their services.
Does the cost of living affect the value of a Real Estate Sales Agent's salary in Greensboro-High Point?
No, the cost of living in Greensboro-High Point is exactly at the national average (100), meaning the $65,220 salary has the same purchasing power as the national average salary.
How many Real Estate Sales Agents are employed in Greensboro-High Point?
There are approximately 470 Real Estate Sales Agents employed within the Greensboro-High Point metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Greensboro-High Point, NC area with a job density of 1.321 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Real Estate Sales Agents Salaries by State
Top Jobs in Greensboro-High Point, NC
- All Occupations Salary in Greensboro-High Point, NC
- Transportation and Material Moving Occupations Salary in Greensboro-High Point, NC
- Office and Administrative Support Occupations Salary in Greensboro-High Point, NC
- Production Occupations Salary in Greensboro-High Point, NC
- Sales and Related Occupations Salary in Greensboro-High Point, NC
- Food Preparation and Serving Related Occupations Salary in Greensboro-High Point, NC
- Management Occupations Salary in Greensboro-High Point, NC
- Educational Instruction and Library Occupations Salary in Greensboro-High Point, NC
- Business and Financial Operations Occupations Salary in Greensboro-High Point, NC
- Healthcare Practitioners and Technical Occupations Salary in Greensboro-High Point, NC
- Browse All Jobs in Greensboro-High Point, NC →
Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Greensboro-High Point, NC