Average Real Estate Sales Agents Salary in Winston-Salem, NC
Real Estate Sales Agents in Winston-Salem, NC, can expect an average annual salary of $49,070. This figure is notably lower than the national average of $70,360, reflecting regional economic factors and market dynamics specific to the North Carolina area. The local real estate market's unique supply and demand characteristics directly influence compensation levels for professionals in this field.
Executive Summary
- Average Salary: $49,070 per year.
- Growth Trend: Salaries have shifted 20.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $90,510.
- Outlook: With a local workforce of 360 Real Estate Sales Agents and a Location Quotient of 1.06, Winston-Salem demonstrates a concentration of these professionals that is slightly above the national average. This suggests a stable, albeit not rapidly expanding, demand for real estate services within the city, indicating a consistent job market for agents.
Salary Overview
The average Real Estate Sales Agents in Winston-Salem, NC earns-30.3%below the national average.
$23.6
$944
$4,089
Real Estate Sales Agents Salary Trends (2020-2024)
While specific historical data for Winston-Salem is not provided, it is generally assumed that salaries for Real Estate Sales Agents across the nation, including in North Carolina, have experienced modest growth over the past four years. This trend is typically driven by inflation, market fluctuations, and evolving commission structures within the real estate industry.
Real Estate Sales Agents Salary Distribution in Winston-Salem, NC
The career trajectory for Real Estate Sales Agents in Winston-Salem, NC, shows a significant salary progression with experience. Entry-level agents might start at a lower percentile, earning considerably less than the average, while seasoned professionals with a proven track record can command salaries well above the $49,070 average, often reaching higher percentiles through accumulated expertise and client networks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,340 | $13.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $36,803 | $17.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $27,940 | $13.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $61,338 | $29.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $90,510 | $43.5 |
Detailed Real Estate Sales Agents Market Analysis
Relocation Context
Nominal Salary
$49,070
Gross Pay
Real Wage (Purchasing Power)
$49,070
Adjusted for COL (100)
The average annual salary of $49,070 in Winston-Salem, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Real Estate Sales Agent's income in Winston-Salem is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
360
Total Jobs
1.304
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Winston-Salem, NC has a slightly higher-than-average concentration of Real Estate Sales Agents roles compared to the national norm.
A Location Quotient of 1.06 indicates that Winston-Salem has a slightly higher concentration of Real Estate Sales Agents compared to the national average. This suggests a competitive market where agents may need to differentiate themselves to secure clients and sales, but also implies a robust demand for their services within the local community.
Nearby Job Markets
Nearby Cities for Real Estate Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Real Estate Sales Agents Salary | $65,220↑ 33% | 23 mi |
| Eastern North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $48,550↓ 1% | 41 mi |
| Western North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $56,160↑ 14% | 41 mi |
| Central North Carolina nonmetropolitan area Real Estate Sales Agents Salary | $55,810↑ 14% | 41 mi |
Comparing salaries near Winston-Salem, NC
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Frequently Asked Questions
How much does a Real Estate Sales Agents make in Winston-Salem, NC?
The median annual salary for a Real Estate Sales Agents in Winston-Salem, NC is $49,070. This typically ranges from $27,340 for entry-level positions to $90,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 30.3% lower than the national median of $70,360.
Is Winston-Salem, NC a lucrative place for Real Estate Sales Agents?
No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary for Real Estate Sales Agents in Winston-Salem is substantially lower than the national average.
Is Winston-Salem, NC a good place to live for Real Estate Sales Agents?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($65,220) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's Real Estate Agent job market compare nationally?
Winston-Salem has a slightly higher concentration of Real Estate Sales Agents (LQ 1.06) than the national average, suggesting a stable job market with consistent demand.
What is the average salary for a Real Estate Sales Agent in Winston-Salem, NC?
The average annual salary for a Real Estate Sales Agent in Winston-Salem, NC, is $49,070.
How does the cost of living in Winston-Salem affect salary perception?
With a Cost of Living Index of 100, the local salary of $49,070 has the same purchasing power as the national average, indicating a balanced financial environment.
What is the total number of Real Estate Sales Agents in Winston-Salem?
There are approximately 360 Real Estate Sales Agents employed in Winston-Salem, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Winston-Salem, NC area with a job density of 1.304 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 Winston-Salem, NC