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Real Estate Agent Salary in Denver, CO

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

Median Salary
$61,690
per year in Denver
Entry Level
$34,825
Starting salary
Senior Level
$94,525
Experienced professionals
Cost of Living
129
29% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$34,825$61,690$94,525
Monthly$2,902$5,141$7,877
Biweekly$1,339$2,373$3,636
Weekly$670$1,186$1,818
Hourly$17$30$45

Denver vs National Average

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

Denver Salary
$61,690
COL Index: 129
National Average
$82,250
COL Index: 100
Difference
-$20,560
Lower in Denver

Cost of Living in Denver

1-Bedroom Rent
$1,850
per month
Median Income
$69,452
per year
Population
727,211
residents
Rent % of Income
32.0%
median household
Cost of Living Index: 129 — A score of 100 represents the U.S. average. Salaries in Denver 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
+63%
Los Angeles, CA
$58,310
-5%
Chicago, IL
$56,500
-8%
Houston, TX
$50,130
-19%
Phoenix, AZ
$53,370
-13%

Financial Tools to Explore

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

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Denver.

Budget Calculator

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Rent vs Buy Calculator

Compare the true costs of renting versus buying in Denver.

Real Estate Agent Salary in Denver, CO — Complete Guide

Median Salary Overview

The median salary for a real estate agent in Denver, CO is $61,690 per year, adjusted for the local cost of living index of 129. This figure reflects typical earnings for experienced professionals in this role, considering Denver's unique economic conditions.

Salary Range and Experience Levels

Entry-level real estate agent professionals in Denver can expect to earn around $34,825 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $94,525 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Denver's cost of living index of 129 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Denver 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 Denver typically goes toward housing. With a 1-bedroom apartment averaging $1,850 per month, housing represents about 36.0% 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 Denver, 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.