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Real Estate Agent Salary in Anchorage, AK

How much does a real estate agent make in Anchorage? Explore median, entry-level, and senior salaries adjusted for Anchorage's cost of living.

Median Salary
$90,150
per year in Anchorage
Entry Level
$50,891
Starting salary
Senior Level
$138,133
Experienced professionals
Cost of Living
171
71% above national avg

Salary Breakdown by Experience Level

See how real estate agent salaries break down across different pay periods in Anchorage.

PeriodEntry LevelMedianSenior
Annual$50,891$90,150$138,133
Monthly$4,241$7,513$11,511
Biweekly$1,957$3,467$5,313
Weekly$979$1,734$2,656
Hourly$24$43$66

Anchorage vs National Average

How Anchorage's real estate agent salaries compare to national figures.

Anchorage Salary
$90,150
COL Index: 171
National Average
$82,250
COL Index: 100
Difference
+$7,900
Higher in Anchorage

Cost of Living in Anchorage

1-Bedroom Rent
$2,450
per month
Median Income
$73,456
per year
Population
290,797
residents
Rent % of Income
40.0%
median household
Cost of Living Index: 171 — A score of 100 represents the U.S. average. Salaries in Anchorage have been adjusted to account for local cost differences.

About Real Estate Agent

Overview

Buy, sell, and rent properties on behalf of clients.

Education

High school diploma; Real Estate license required

Key Skills

SalesClient RelationsMarket KnowledgeNegotiation

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Real Estate Agent Salary

See Real Estate Agent salaries in other top cities.

New York, NY
$100,440
+11%
Los Angeles, CA
$58,310
-35%
Chicago, IL
$56,500
-37%
Houston, TX
$50,130
-44%
Phoenix, AZ
$53,370
-41%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a real estate agent salary in Anchorage.

Salary Breakdown Calculator

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Cost of Living Calculator

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Rent vs Buy Calculator

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Real Estate Agent Salary in Anchorage, AK — Complete Guide

Median Salary Overview

The median salary for a real estate agent in Anchorage, AK is $90,150 per year, adjusted for the local cost of living index of 171. This figure reflects typical earnings for experienced professionals in this role, considering Anchorage's unique economic conditions.

Salary Range and Experience Levels

Entry-level real estate agent professionals in Anchorage can expect to earn around $50,891 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $138,133 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Anchorage's cost of living index of 171 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Anchorage are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $82,250, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a real estate agent's salary in Anchorage typically goes toward housing. With a 1-bedroom apartment averaging $2,450 per month, housing represents about 32.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Real Estate Agents are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Anchorage, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.