Average Real Estate Sales Agents Salary in Tulsa, OK
Real Estate Sales Agents in Tulsa, OK, earn an average annual salary of $60,840. This figure is notably below the national average of $70,360, suggesting that local market dynamics and economic factors in Tulsa play a significant role in compensation for this profession.
Executive Summary
- Average Salary: $60,840 per year.
- Growth Trend: Salaries have shifted 33.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,100.
- Outlook: With a local workforce of 1,190 Real Estate Sales Agents, Tulsa presents a substantial pool of professionals in this sector. The Location Quotient of 2.13 indicates a significantly higher concentration of these agents compared to the national average, suggesting a robust and established market for real estate services within the city.
Salary Overview
The average Real Estate Sales Agents in Tulsa, OK earns-13.5%below the national average.
$29.3
$1,170
$5,070
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 Tulsa have experienced growth over the past four years, mirroring general economic trends and the fluctuating real estate market. Factors such as housing demand, interest rates, and local development initiatives likely influenced this progression.
Real Estate Sales Agents Salary Distribution in Tulsa, OK
Career progression for Real Estate Sales Agents in Tulsa typically involves a salary increase with experience. Entry-level agents may start at a lower percentile, while seasoned professionals with a proven track record and extensive client networks can command salaries in the higher percentiles, reflecting their accumulated expertise and sales volume.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $22,350 | $10.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,630 | $21.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,420 | $23.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,050 | $36.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $115,100 | $55.3 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$60,840
Gross Pay
Real Wage (Purchasing Power)
$60,840
Adjusted for COL (100)
The average annual salary of $60,840 in Tulsa aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Real Estate Sales Agent's income in Tulsa is equivalent to that of an agent earning the national average in a location with average living expenses.
Job Market Context
1,190
Total Jobs
2.633
Per 1K Jobs
2.13
Location Quotient
Tulsa, OK 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.
The Location Quotient of 2.13 for Real Estate Sales Agents in Tulsa signifies a market that is more than twice as concentrated as the national average. This suggests a high demand for real estate services relative to the general workforce, potentially leading to competitive opportunities for agents but also a crowded field.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Real Estate Sales Agents Salary | $61,040↑ 0% | 69 mi |
| Northeast Oklahoma nonmetropolitan area Real Estate Sales Agents Salary | $61,620↑ 1% | 69 mi |
| Southwest Oklahoma nonmetropolitan area Real Estate Sales Agents Salary | $79,220↑ 30% | 69 mi |
| Northwest Oklahoma nonmetropolitan area Real Estate Sales Agents Salary | $56,940↓ 6% | 69 mi |
| Fayetteville-Springdale-Rogers, AR Real Estate Sales Agents Salary | $46,180↓ 24% | 97 mi |
Comparing salaries near Tulsa, OK
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Tulsa, OK?
The median annual salary for a Real Estate Sales Agents in Tulsa, OK is $60,840. This typically ranges from $22,350 for entry-level positions to $115,100 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tulsa, OK is 13.5% lower than the national median of $70,360.
Is Tulsa, OK a lucrative place for Real Estate Sales Agents?
No, not compared to the national average.While Tulsa has a strong concentration of agents, the average salary of $60,840 is below the national average of $70,360. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Tulsa, OK a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Tulsa, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tulsa, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($61,040) and Northeast Oklahoma nonmetropolitan area.
How does the number of Real Estate Sales Agents in Tulsa compare nationally?
Tulsa has 2.633 Real Estate Sales Agents per 1,000 workers, indicating a significant presence in the local job market relative to the national average.
What is the significance of Tulsa's Location Quotient for Real Estate Sales Agents?
A Location Quotient of 2.13 means Tulsa has more than double the concentration of Real Estate Sales Agents compared to the national average, indicating a specialized and potentially competitive market.
How does the cost of living in Tulsa affect the Real Estate Sales Agent salary?
With a Cost of Living Index of 100, Tulsa's expenses are average nationally. Therefore, the $60,840 salary offers purchasing power equivalent to the national average salary in a typical U.S. location.
What does the total local workforce number imply for Real Estate Sales Agents in Tulsa?
A total local workforce of 1,190 Real Estate Sales Agents suggests a substantial and established professional community within Tulsa, offering a good network but also potential competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,190 employees in the Tulsa, OK area with a job density of 2.633 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 Tulsa, OK