Average Real Estate Sales Agents Salary in Los Angeles-Long Beach-Anaheim, CA
Real Estate Sales Agents in the Los Angeles-Long Beach-Anaheim, CA metropolitan area earn an impressive average annual salary of $75,190. This figure significantly surpasses the national average of $70,360, indicating a strong demand and potentially higher commission structures within this dynamic market. The robust local economy and high property values are key drivers behind this elevated compensation.
Executive Summary
- Average Salary: $75,190 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,140.
- Outlook: With a substantial local workforce of 9,840 Real Estate Sales Agents and a Location Quotient of 1.28, the job market in Los Angeles-Long Beach-Anaheim demonstrates a notable concentration of talent and activity compared to the national landscape. This suggests a healthy and active demand for professionals in this field, indicating a robust job market with ample opportunities for skilled agents.
Salary Overview
The average Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim, CA earns+6.9%above the national average.
$36.2
$1,446
$6,266
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 a major metropolitan area like Los Angeles have experienced consistent growth over the past four years. Factors such as increasing property values, evolving market dynamics, and a persistent demand for housing likely contribute to upward salary trends, reflecting the sector's resilience and potential for financial reward.
Real Estate Sales Agents Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim typically correlates with experience, leading to significant salary increases. Entry-level agents may start with a base salary and commissions, while seasoned professionals with established client networks and a proven track record can command much higher earnings. The percentile gaps in salary clearly signify the substantial career growth and earning potential available as agents advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,620 | $18.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $56,393 | $27.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $58,310 | $28 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $93,988 | $45.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $116,140 | $55.8 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$75,190
Gross Pay
Real Wage (Purchasing Power)
$75,190
Adjusted for COL (100)
The average annual salary of $75,190 for Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that income is effectively on par with the national standard, considering local expenses.
Job Market Context
9,840
Total Jobs
1.587
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Los Angeles-Long Beach-Anaheim, CA has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
The Location Quotient of 1.28 for Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim signifies a job market that is 28% more concentrated than the national average. This indicates a higher prevalence of these roles within the local economy, suggesting a competitive yet abundant environment where opportunities are plentiful for those with the right skills and experience.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Real Estate Sales Agents Salary | $56,610↓ 25% | 49 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim, CA is $75,190. This typically ranges from $37,620 for entry-level positions to $116,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 6.9% higher than the national median of $70,360.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Real Estate Sales Agentss?
Yes, it is a lucrative place for Real Estate Sales Agents.The average salary is higher than the national average, and the market shows a strong concentration of real estate professionals, indicating robust demand and opportunity.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($56,610) and others.
How does the Los Angeles salary compare to the national average?
Real Estate Sales Agents in Los Angeles-Long Beach-Anaheim earn an average of $75,190 annually, which is higher than the national average of $70,360.
What is the Cost of Living in Los Angeles-Long Beach-Anaheim, CA?
The Cost of Living Index for Los Angeles-Long Beach-Anaheim, CA is 100, which is exactly the national average.
How many Real Estate Sales Agents work in the Los Angeles area?
There are approximately 9,840 Real Estate Sales Agents employed in the Los Angeles-Long Beach-Anaheim, CA metropolitan area.
Is the job market for Real Estate Sales Agents saturated in Los Angeles?
With a Location Quotient of 1.28, the market is more concentrated than the national average, suggesting a competitive but active job market with ample opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,840 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 1.587 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 Los Angeles-Long Beach-Anaheim, CA