Average Real Estate Sales Agents Salary in Norwich-New London-Willimantic, CT
The average salary for Real Estate Sales Agentss in Norwich-New London-Willimantic, CT is $54,790. While this is lower than the national average, the cost of living in Norwich-New London-Willimantic, CT may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $54,790 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,320.
- Outlook: This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
Salary Overview
The average Real Estate Sales Agents in Norwich-New London-Willimantic, CT earns-22.1%below the national average.
$26.3
$1,054
$4,566
Real Estate Sales Agents Salary Trends (2020-2024)
Historical trend data for Real Estate Sales Agents in Norwich-New London-Willimantic, CT is limited, but current market signals indicate a stable demand environment.
Real Estate Sales Agents Salary Distribution in Norwich-New London-Willimantic, CT
The earning potential for Real Estate Sales Agentss in Norwich-New London-Willimantic, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,410, while highly experienced professionals can command wages upwards of $109,320.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $38,410 | $18.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $41,093 | $19.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $45,080 | $21.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $68,488 | $32.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $109,320 | $52.6 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$54,790
Gross Pay
Real Wage (Purchasing Power)
$54,790
Adjusted for COL (100)
In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $54,790 to $54,790.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Hartford-West Hartford-East Hartford, CT Real Estate Sales Agents Salary | $67,740↑ 24% | 34 mi |
| Providence-Warwick, RI-MA Real Estate Sales Agents Salary | $66,260↑ 21% | 39 mi |
| Springfield, MA Real Estate Sales Agents Salary | $74,840↑ 37% | 45 mi |
Comparing salaries near Norwich-New London-Willimantic, CT
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Norwich-New London-Willimantic, CT?
The median annual salary for a Real Estate Sales Agents in Norwich-New London-Willimantic, CT is $54,790. This typically ranges from $38,410 for entry-level positions to $109,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Norwich-New London-Willimantic, CT is 22.1% lower than the national median of $70,360.
Is Norwich-New London-Willimantic, CT a good place for Real Estate Sales Agentss?
It depends on your priorities. While the average Real Estate Sales Agents salary in Norwich-New London-Willimantic, CT is $54,790 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Norwich-New London-Willimantic, CT. See distinct detailed breakdown below.
Is Norwich-New London-Willimantic, CT a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Norwich-New London-Willimantic, CT?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($67,740) and Providence-Warwick, RI-MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Norwich-New London-Willimantic, CT area with a job density of 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 Norwich-New London-Willimantic, CT
- All Occupations Salary in Norwich-New London-Willimantic, CT
- Office and Administrative Support Occupations Salary in Norwich-New London-Willimantic, CT
- Food Preparation and Serving Related Occupations Salary in Norwich-New London-Willimantic, CT
- Sales and Related Occupations Salary in Norwich-New London-Willimantic, CT
- Educational Instruction and Library Occupations Salary in Norwich-New London-Willimantic, CT
- Transportation and Material Moving Occupations Salary in Norwich-New London-Willimantic, CT
- Management Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Practitioners and Technical Occupations Salary in Norwich-New London-Willimantic, CT
- Production Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Support Occupations Salary in Norwich-New London-Willimantic, CT
- Browse All Jobs in Norwich-New London-Willimantic, CT →
Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Norwich-New London-Willimantic, CT