Average Real Estate Sales Agents Salary in Sussex Delaware nonmetropolitan area
Real Estate Sales Agents in the Sussex, Delaware nonmetropolitan area earn an average annual salary of $59,560. This figure is notably below the national average of $70,360, reflecting the unique economic dynamics and market conditions specific to this region. Factors such as local demand, property values, and the overall economic landscape of Sussex contribute to this salary differential.
Executive Summary
- Average Salary: $59,560 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,540.
- Outlook: The local job market for Real Estate Sales Agents in Sussex, Delaware, shows a significant concentration, with a Location Quotient of 2.22, indicating a presence more than double the national average. This suggests a robust demand and a specialized market for these professionals within the region, despite a total local workforce of 250 in this role. The density of jobs per 1,000 workers further underscores the localized importance of this profession.
Salary Overview
The average Real Estate Sales Agents in Sussex Delaware nonmetropolitan area earns-15.3%below the national average.
$28.6
$1,145
$4,963
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries for Real Estate Sales Agents in nonmetropolitan areas like Sussex, Delaware, have experienced gradual growth. This trend is typically driven by evolving market conditions, inflation, and increasing demand for housing and property services, leading to modest but consistent upward adjustments in compensation over time.
Real Estate Sales Agents Salary Distribution in Sussex Delaware nonmetropolitan area
Career progression for Real Estate Sales Agents in Sussex, Delaware, is typically marked by increasing earning potential. Entry-level agents may start with a lower base salary, while seasoned professionals with extensive experience and a proven track record can command significantly higher incomes. The percentile gaps in salary distribution highlight this scaling effect, where senior agents often occupy the higher salary percentiles due to their accumulated expertise and client networks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,030 | $14 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $44,670 | $21.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,270 | $23.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $74,450 | $35.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $82,540 | $39.7 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$59,560
Gross Pay
Real Wage (Purchasing Power)
$59,560
Adjusted for COL (100)
The nominal average annual salary of $59,560 in Sussex, Delaware, 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 Sussex is equivalent to the national average, suggesting that while the absolute salary is lower than the national average, the cost of essential goods and services remains comparable.
Job Market Context
250
Total Jobs
2.741
Per 1K Jobs
2.22
Location Quotient
Sussex Delaware nonmetropolitan area has 2.2x 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.
With a Location Quotient of 2.22, the market for Real Estate Sales Agents in Sussex, Delaware, is highly concentrated compared to the national average. This indicates a specialized and potentially competitive environment where the demand for these services is significantly higher relative to the national landscape. Professionals in this area benefit from a market that values their expertise, though the smaller total workforce suggests a more intimate, albeit potentially saturated, professional community.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Dover, DE Real Estate Sales Agents Salary | $64,530↑ 8% | 11 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Real Estate Sales Agents Salary | $65,370↑ 10% | 47 mi |
| Atlantic City-Hammonton, NJ Real Estate Sales Agents Salary | $74,400↑ 25% | 56 mi |
| Baltimore-Columbia-Towson, MD Real Estate Sales Agents Salary | $57,870↓ 3% | 59 mi |
Comparing salaries near Sussex Delaware nonmetropolitan area
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Sussex Delaware nonmetropolitan area?
The median annual salary for a Real Estate Sales Agents in Sussex Delaware nonmetropolitan area is $59,560. This typically ranges from $29,030 for entry-level positions to $82,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sussex Delaware nonmetropolitan area is 15.3% lower than the national median of $70,360.
Is Sussex Delaware nonmetropolitan area a lucrative place for Real Estate Sales Agentss?
No, but it offers comparable purchasing power.While the average salary of $59,560 is below the national average, the cost of living being exactly at the national average means your earnings will stretch as far as they would elsewhere in the country.
Is Sussex Delaware nonmetropolitan area a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sussex Delaware nonmetropolitan area?
Some top paying nearby cities include Dover, DE ($64,530) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does the Sussex, DE salary compare to the national average?
The average annual salary for Real Estate Sales Agents in Sussex, DE, is $59,560, which is approximately $10,800 less than the national average of $70,360.
What does a Location Quotient of 2.22 mean for Real Estate Sales Agents in Sussex, DE?
A Location Quotient of 2.22 signifies that Real Estate Sales Agents are more than twice as concentrated in Sussex, DE, compared to the national average, indicating a specialized and potentially high-demand local market for this profession.
Does the cost of living in Sussex, DE affect the salary?
The cost of living in Sussex, DE, is exactly at the national average (100). This means that the lower nominal salary of $59,560 provides a purchasing power equivalent to the national average salary in a higher cost-of-living area.
What is the total number of Real Estate Sales Agents in Sussex, DE?
There are approximately 250 Real Estate Sales Agents employed in the Sussex, Delaware nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Sussex Delaware nonmetropolitan area area with a job density of 2.741 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 Sussex Delaware nonmetropolitan area
- All Occupations Salary in Sussex Delaware nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Sussex Delaware nonmetropolitan area
- Sales and Related Occupations Salary in Sussex Delaware nonmetropolitan area
- Office and Administrative Support Occupations Salary in Sussex Delaware nonmetropolitan area
- Production Occupations Salary in Sussex Delaware nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Sussex Delaware nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Sussex Delaware nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Sussex Delaware nonmetropolitan area
- Meat, Poultry, and Fish Cutters and Trimmers Salary in Sussex Delaware nonmetropolitan area
- Building and Grounds Cleaning and Maintenance Occupations Salary in Sussex Delaware nonmetropolitan area
- Browse All Jobs in Sussex Delaware nonmetropolitan area →
Semantic Salary Analysis for Real Estate Sales Agents • Data source: BLS OEWS 2024 •Jobs in Sussex Delaware nonmetropolitan area