Average Real Estate Sales Agents Salary in Pensacola-Ferry Pass-Brent, FL
Real Estate Sales Agents in Pensacola-Ferry Pass-Brent, FL, earn an average annual salary of $61,750. This figure is notably below the national average of $70,360, suggesting that local market dynamics, such as property values and commission structures, likely influence compensation levels in this specific Florida region. Factors unique to the Pensacola area contribute to this pay differential compared to the broader national landscape.
Executive Summary
- Average Salary: $61,750 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,220.
- Outlook: The Pensacola-Ferry Pass-Brent, FL, area supports a local workforce of 500 Real Estate Sales Agents. With a Location Quotient of 2.13, indicating a concentration more than double the national average, this suggests a robust and established presence of real estate professionals in the region, pointing towards consistent demand and a significant job market for these agents.
Salary Overview
The average Real Estate Sales Agents in Pensacola-Ferry Pass-Brent, FL earns-12.2%below the national average.
$29.7
$1,188
$5,146
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 Pensacola-Ferry Pass-Brent, FL, have experienced growth over the past four years, mirroring general economic trends and the cyclical nature of the real estate market. This growth would likely be influenced by local housing market performance, interest rates, and overall economic health within the region.
Real Estate Sales Agents Salary Distribution in Pensacola-Ferry Pass-Brent, FL
Career progression for Real Estate Sales Agents typically involves a significant salary increase with experience. Entry-level agents may start at a lower percentile, earning less than the average, while seasoned professionals with a proven track record and established client base can command salaries well above the $61,750 average, potentially reaching into higher percentiles and significantly boosting their annual income.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,090 | $13 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $46,313 | $22.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,890 | $22.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $77,188 | $37.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $134,220 | $64.5 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$61,750
Gross Pay
Real Wage (Purchasing Power)
$61,750
Adjusted for COL (100)
The average annual salary of $61,750 for Real Estate Sales Agents in Pensacola-Ferry Pass-Brent, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that the cost of living in Pensacola is neither a significant advantage nor a disadvantage when compared to the rest of the country.
Job Market Context
500
Total Jobs
2.636
Per 1K Jobs
2.13
Location Quotient
Pensacola-Ferry Pass-Brent, FL has 2.1x 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.
A Location Quotient of 2.13 for Real Estate Sales Agents in Pensacola-Ferry Pass-Brent, FL, signifies a market with a significantly higher concentration of these professionals than the national average. This suggests a competitive environment where agents may need to differentiate themselves, but also points to a strong, established industry with ample opportunities and a deep pool of local expertise.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Real Estate Sales Agents Salary | $67,950↑ 10% | 42 mi |
| Daphne-Fairhope-Foley, AL Real Estate Sales Agents Salary | $58,290↓ 6% | 43 mi |
| Mobile, AL Real Estate Sales Agents Salary | $54,490↓ 12% | 57 mi |
| Panama City-Panama City Beach, FL Real Estate Sales Agents Salary | $76,610↑ 24% | 96 mi |
Comparing salaries near Pensacola-Ferry Pass-Brent, FL
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Frequently Asked Questions
How much does a Real Estate Sales Agents make in Pensacola-Ferry Pass-Brent, FL?
The median annual salary for a Real Estate Sales Agents in Pensacola-Ferry Pass-Brent, FL is $61,750. This typically ranges from $27,090 for entry-level positions to $134,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pensacola-Ferry Pass-Brent, FL is 12.2% lower than the national median of $70,360.
Is Pensacola-Ferry Pass-Brent, FL a lucrative place for Real Estate Sales Agents?
No, not significantly more lucrative than the national average.While the market is concentrated, the average salary of $61,750 is below the national average of $70,360. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Pensacola-Ferry Pass-Brent, FL a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Pensacola-Ferry Pass-Brent, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pensacola-Ferry Pass-Brent, FL?
Some top paying nearby cities include Crestview-Fort Walton Beach-Destin, FL ($67,950) and Daphne-Fairhope-Foley, AL.
How does the Pensacola real estate job market compare to the national average in terms of agent concentration?
The Pensacola-Ferry Pass-Brent, FL area has a Location Quotient of 2.13 for Real Estate Sales Agents, meaning the concentration of these professionals is more than double the national average, indicating a very active and established local market.
What is the average salary for a Real Estate Sales Agent in Pensacola-Ferry Pass-Brent, FL?
The average annual salary for a Real Estate Sales Agent in Pensacola-Ferry Pass-Brent, FL is $61,750.
How does the cost of living in Pensacola-Ferry Pass-Brent, FL affect the salary of Real Estate Sales Agents?
With a Cost of Living Index of 100, the Pensacola area matches the national average. Therefore, the $61,750 salary provides purchasing power equivalent to the national average, without significant gains or losses due to living expenses.
What is the total number of Real Estate Sales Agents in the Pensacola-Ferry Pass-Brent, FL workforce?
There are approximately 500 Real Estate Sales Agents employed within the Pensacola-Ferry Pass-Brent, FL local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Pensacola-Ferry Pass-Brent, FL area with a job density of 2.636 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 Pensacola-Ferry Pass-Brent, FL