Average Real Estate Sales Agents Salary in Tallahassee, FL
Real Estate Sales Agents in Tallahassee, FL, earn an average annual salary of $54,890. This figure is notably below the national average of $70,360, reflecting localized market dynamics and economic factors specific to the Tallahassee region. The demand, cost of doing business, and overall economic health of the area play a significant role in shaping compensation for these professionals.
Executive Summary
- Average Salary: $54,890 per year.
- Growth Trend: Salaries have shifted 1.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,750.
- Outlook: With a total local workforce of 200 Real Estate Sales Agents and a Location Quotient of 0.89, Tallahassee presents a market that is slightly less concentrated than the national average. This suggests a stable, albeit not exceptionally high, demand for real estate professionals. The number of jobs per 1,000 workers (1.098) indicates a consistent presence of opportunities within the local economy.
Salary Overview
The average Real Estate Sales Agents in Tallahassee, FL earns-22.0%below the national average.
$26.4
$1,056
$4,574
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for Tallahassee is not provided, it's reasonable to assume that salaries for Real Estate Sales Agents have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, shifts in housing demand, and inflation typically contribute to upward pressure on compensation in this sector, though local market conditions can moderate the pace of this increase.
Real Estate Sales Agents Salary Distribution in Tallahassee, FL
Career progression for Real Estate Sales Agents in Tallahassee typically involves a significant salary increase with experience. Entry-level agents might start closer to the lower percentiles, while seasoned professionals with established client bases and a proven track record can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential as expertise and network grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,790 | $14.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $41,168 | $19.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $44,320 | $21.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $68,613 | $33 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $92,750 | $44.6 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$54,890
Gross Pay
Real Wage (Purchasing Power)
$54,890
Adjusted for COL (100)
The average annual salary of $54,890 in Tallahassee aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a Real Estate Sales Agent's salary in Tallahassee is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living does not diminish its relative value.
Job Market Context
200
Total Jobs
1.098
Per 1K Jobs
0.89
Location Quotient
Tallahassee, FL has 0.89x the national average concentration of Real Estate Sales Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.89 indicates that Real Estate Sales Agents are slightly less concentrated in Tallahassee compared to the national average. This suggests that while the profession is well-established, the market is not oversaturated, potentially offering a balanced environment for new entrants and existing agents. It implies a steady, consistent demand without extreme competition.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Valdosta, GA Real Estate Sales Agents Salary | $46,370↓ 16% | 64 mi |
| Albany, GA Real Estate Sales Agents Salary | $48,280↓ 12% | 78 mi |
| Panama City-Panama City Beach, FL Real Estate Sales Agents Salary | $76,610↑ 40% | 82 mi |
Comparing salaries near Tallahassee, FL
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Tallahassee, FL?
The median annual salary for a Real Estate Sales Agents in Tallahassee, FL is $54,890. This typically ranges from $30,790 for entry-level positions to $92,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tallahassee, FL is 22.0% lower than the national median of $70,360.
Is Tallahassee, FL a lucrative place for Real Estate Sales Agentss?
No, but it offers stable opportunities.While the average salary of $54,890 is below the national average, the cost of living is also at the national average, meaning purchasing power is comparable. The market is not oversaturated, offering steady demand.
Is Tallahassee, FL a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Tallahassee, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tallahassee, FL?
Some top paying nearby cities include Valdosta, GA ($46,370) and Albany, GA.
How does experience affect a Real Estate Sales Agent's salary in Tallahassee?
Experience significantly impacts earnings, with senior agents commanding higher salaries than entry-level professionals due to established networks and proven sales records.
Is the job market for Real Estate Sales Agents competitive in Tallahassee?
With a Location Quotient of 0.89, the market is slightly less concentrated than the national average, suggesting a balanced level of competition and consistent demand.
What is the purchasing power of a Real Estate Sales Agent's salary in Tallahassee?
The average salary of $54,890 has a purchasing power equivalent to the national average, as Tallahassee's Cost of Living Index is also at 100.
How does Tallahassee's Real Estate Sales Agent workforce compare to the national average?
Tallahassee has a slightly lower concentration of Real Estate Sales Agents relative to its workforce compared to the national average, indicated by a Location Quotient of 0.89.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Tallahassee, FL area with a job density of 1.098 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 Tallahassee, FL