Average Real Estate Sales Agents Salary in Wilmington, NC
Real Estate Sales Agents in Wilmington, NC, earn an average annual salary of $51,440. This figure is notably below the national average of $70,360, indicating a localized compensation structure. Factors such as regional market dynamics, local demand for housing, and the overall economic climate of Wilmington likely contribute to this disparity.
Executive Summary
- Average Salary: $51,440 per year.
- Growth Trend: Salaries have shifted 14.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,030.
- Outlook: Wilmington, NC, presents a concentrated market for Real Estate Sales Agents, with a Location Quotient of 1.72 suggesting a higher-than-average presence of these professionals compared to the national landscape. The local workforce of 400 individuals in this role, coupled with 2.132 jobs per 1,000 workers, points to a stable, albeit specialized, job market with consistent demand.
Salary Overview
The average Real Estate Sales Agents in Wilmington, NC earns-26.9%below the national average.
$24.7
$989
$4,287
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 Wilmington, NC, have experienced growth over the past four years, mirroring national trends. Economic recovery, shifts in housing demand, and inflation typically drive upward adjustments in compensation for sales professionals in this sector.
Real Estate Sales Agents Salary Distribution in Wilmington, NC
Career progression for Real Estate Sales Agents in Wilmington, NC, is typically marked by increasing earning potential. Entry-level agents may start closer to the lower end of the pay scale, while seasoned professionals with established client bases and a proven track record can command significantly higher salaries, often reflected in the upper percentiles of compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $33,690 | $16.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $38,580 | $18.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $44,590 | $21.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $64,300 | $30.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $74,030 | $35.6 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$51,440
Gross Pay
Real Wage (Purchasing Power)
$51,440
Adjusted for COL (100)
The average annual salary of $51,440 in Wilmington, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This suggests that the nominal salary offers a purchasing power equivalent to the national average, meaning that while the salary is lower than the national average, the cost of living does not exacerbate the difference.
Job Market Context
400
Total Jobs
2.132
Per 1K Jobs
1.72
Location Quotient
Wilmington, NC has 1.7x 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 1.72, Wilmington, NC, exhibits a significant concentration of Real Estate Sales Agents relative to the national average. This indicates a robust local industry for these professionals, suggesting that the market is well-established and potentially competitive, with a higher density of agents serving the local population.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Jacksonville, NC Real Estate Sales Agents Salary | $44,760↓ 13% | 46 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Real Estate Sales Agents Salary | $47,740↓ 7% | 67 mi |
| Goldsboro, NC Real Estate Sales Agents Salary | $61,470↑ 19% | 81 mi |
| Fayetteville, NC Real Estate Sales Agents Salary | $52,080↑ 1% | 87 mi |
| Greenville, NC Real Estate Sales Agents Salary | $53,040↑ 3% | 100 mi |
Comparing salaries near Wilmington, NC
Hiring Real Estate Sales Agentss?
Frequently Asked Questions
How much does a Real Estate Sales Agents make in Wilmington, NC?
The median annual salary for a Real Estate Sales Agents in Wilmington, NC is $51,440. This typically ranges from $33,690 for entry-level positions to $74,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wilmington, NC is 26.9% lower than the national median of $70,360.
Is Wilmington, NC a lucrative place for Real Estate Sales Agentss?
No, not when compared to the national average.While the cost of living is average, the nominal salary of $51,440 is substantially lower than the national average of $70,360. The high concentration of agents suggests a competitive market.
Is Wilmington, NC a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Wilmington, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wilmington, NC?
Some top paying nearby cities include Jacksonville, NC ($44,760) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the number of Real Estate Sales Agents in Wilmington compare nationally?
Wilmington, NC, has a higher concentration of Real Estate Sales Agents, indicated by a Location Quotient of 1.72, meaning there are more agents per capita than the national average.
What is the impact of the Cost of Living on salaries in Wilmington?
The Cost of Living Index in Wilmington is 100, matching the national average. This means the average salary of $51,440 provides purchasing power equivalent to the national average, despite being lower.
How many Real Estate Sales Agents are there in Wilmington, NC?
There are approximately 400 Real Estate Sales Agents working in Wilmington, NC.
Are there many job opportunities for Real Estate Sales Agents in Wilmington?
The data shows 2.132 jobs per 1,000 workers in this field, indicating a steady presence and demand for Real Estate Sales Agents within the Wilmington workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Wilmington, NC area with a job density of 2.132 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 Wilmington, NC