Occupational Employment Statistics

Occupational Employment and Wages, May 2004

41-9021 Real Estate Brokers

Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
40,050 4.8 % $37.43 $77,850 3.1 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $10.87 $16.10 $28.23 $47.99 (5)
Annual Wage (2) $22,600 $33,480 $58,720 $99,820 (5)

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage
Offices of real estate agents and brokers 20,650 $40.28 $83,780
Activities related to real estate 7,350 $29.71 $61,800
Lessors of real estate 4,700 $30.64 $63,730
Land subdivision 1,280 $35.24 $73,290
Residential building construction 860 $43.16 $89,780

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage
Death care services (7) $79.76 $165,910
Other investment pools and funds 360 $68.41 $142,300
Activities related to credit intermediation 760 $57.28 $119,140
Nondepository credit intermediation 530 $45.89 $95,450
Nonresidential building construction 50 $44.21 $91,960

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
North Carolina 4,580 $21.19 $44,080 0.123%
Arizona 1,750 $56.96 $118,470 0.076%
Colorado 1,570 $29.49 $61,330 0.074%
Florida 4,400 $38.35 $79,770 0.060%
District of Columbia 340 $23.41 $48,690 0.056%

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment
Louisiana 250 $67.38 $140,150 0.013%
California 3,320 $58.57 $121,830 0.023%
Arizona 1,750 $56.96 $118,470 0.076%
Maryland 800 $53.52 $111,330 0.033%
Massachusetts 410 $50.03 $104,060 0.013%

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Raleigh-Durham-Chapel Hill, NC MSA 1,480 $16.98 $35,310 0.218%
Naples, FL MSA 220 $30.41 $63,260 0.188%
Charlotte-Gastonia-Rock Hill, NC-SC MSA 1,350 $28.03 $58,300 0.165%
Fayetteville, NC MSA 160 (7) (7) 0.146%
Colorado Springs, CO MSA 340 $18.50 $38,490 0.143%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Trenton, NJ PMSA (7) $90.17 $187,550 (7)
Los Angeles-Long Beach, CA PMSA 500 $78.79 $163,880 0.013%
Pensacola, FL MSA (7) $75.60 $157,260 (7)
Las Vegas, NV-AZ MSA (7) $71.97 $149,700 (7)
Detroit, MI PMSA 310 $71.18 $148,050 0.016%

About May 2004 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(5) This wage is equal to or greater than $70.00 per hour or $145,600 per year.

(7) Estimates not released.

All Sales and Related Occupations

May 2004 National Occupational Employment and Wage Estimates

May 2004 State Occupational Employment and Wage Estimates

May 2004 Metropolitan Area Occupational Employment and Wage Estimates

May 2004 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2004 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

Last Modified Date: June 02, 2005

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