Average Real Estate Sales Agents Salary in Riverside-San Bernardino-Ontario, CA
Real Estate Sales Agents in the Riverside-San Bernardino-Ontario, CA area earn an average annual salary of $56,610. This figure is notably below the national average of $70,360, suggesting that local market dynamics and potentially lower commission structures may influence overall compensation in this region. While the cost of living is at the national average, the salary differential warrants closer examination for professionals in this field.
Executive Summary
- Average Salary: $56,610 per year.
- Growth Trend: Salaries have shifted 11.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,650.
- Outlook: With a local workforce of 2,480 Real Estate Sales Agents and a Location Quotient of 1.18, the Riverside-San Bernardino-Ontario, CA area demonstrates a slightly higher concentration of these professionals compared to the national average. This indicates a stable, albeit not exceptionally booming, job market for real estate agents, suggesting consistent demand for their services within the region.
Salary Overview
The average Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA earns-19.5%below the national average.
$27.2
$1,089
$4,718
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for the past four years is not provided, it's reasonable to assume that salaries for Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA have likely seen modest growth, mirroring broader economic trends and fluctuations in the housing market. Factors such as interest rates, housing inventory, and local development projects would have influenced earning potential over this period.
Real Estate Sales Agents Salary Distribution in Riverside-San Bernardino-Ontario, CA
Career progression for Real Estate Sales Agents typically involves moving from entry-level positions to more experienced roles, which often translates to higher earning potential through increased commission rates and a larger client base. While specific percentile data isn't available, the gap between lower and higher earners signifies significant opportunities for seasoned agents to achieve greater financial success through demonstrated performance and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,460 | $16.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $42,458 | $20.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $56,110 | $27 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $70,763 | $34 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $65,650 | $31.6 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$56,610
Gross Pay
Real Wage (Purchasing Power)
$56,610
Adjusted for COL (100)
The average annual salary of $56,610 in Riverside-San Bernardino-Ontario, CA aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a real estate agent's salary in this region is equivalent to the national average, offering neither a significant financial advantage nor disadvantage from a cost-of-living perspective.
Job Market Context
2,480
Total Jobs
1.462
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Riverside-San Bernardino-Ontario, CA has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
The Location Quotient of 1.18 for Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA indicates a job market where this profession is slightly more concentrated than the national average. This suggests a healthy presence of real estate agents, implying a competitive environment where agents must differentiate themselves to capture market share and achieve optimal earnings.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Real Estate Sales Agents Salary | $75,190↑ 33% | 49 mi |
| San Diego-Chula Vista-Carlsbad, CA Real Estate Sales Agents Salary | $69,770↑ 23% | 79 mi |
Comparing salaries near Riverside-San Bernardino-Ontario, CA
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Riverside-San Bernardino-Ontario, CA?
The median annual salary for a Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA is $56,610. This typically ranges from $34,460 for entry-level positions to $65,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Riverside-San Bernardino-Ontario, CA is 19.5% lower than the national median of $70,360.
Is Riverside-San Bernardino-Ontario, CA a lucrative place for Real Estate Sales Agents?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the local salary for Real Estate Sales Agents is below the national average, indicating less lucrative earning potential in this specific region.
Is Riverside-San Bernardino-Ontario, CA a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Riverside-San Bernardino-Ontario, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($75,190) and San Diego-Chula Vista-Carlsbad, CA.
How does the local salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA is $56,610, which is lower than the national average of $70,360.
What is the concentration of Real Estate Sales Agents in this area?
The Location Quotient is 1.18, meaning there is a slightly higher concentration of Real Estate Sales Agents in Riverside-San Bernardino-Ontario, CA compared to the national average.
Does the cost of living affect the salary's value?
No, the Cost of Living Index is 100, which is the national average. Therefore, the $56,610 salary has average purchasing power in this region.
How many Real Estate Sales Agents work in Riverside-San Bernardino-Ontario, CA?
There are approximately 2,480 Real Estate Sales Agents employed in the Riverside-San Bernardino-Ontario, CA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,480 employees in the Riverside-San Bernardino-Ontario, CA area with a job density of 1.462 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 Riverside-San Bernardino-Ontario, CA