Real Estate Agent Salary in Durham, NC
How much does a real estate agent make in Durham? Explore median, entry-level, and senior salaries adjusted for Durham's cost of living.
Salary Breakdown by Experience Level
See how real estate agent salaries break down across different pay periods in Durham.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $32,905 | $58,290 | $89,315 |
| Monthly | $2,742 | $4,858 | $7,443 |
| Biweekly | $1,266 | $2,242 | $3,435 |
| Weekly | $633 | $1,121 | $1,718 |
| Hourly | $16 | $28 | $43 |
Durham vs National Average
How Durham's real estate agent salaries compare to national figures.
Cost of Living in Durham
About Real Estate Agent
Overview
Buy, sell, and rent properties on behalf of clients.
Education
High school diploma; Real Estate license required
Key Skills
Growth Rate
Expected job growth: +15% over the next decade
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See Real Estate Agent salaries in other top cities.
Financial Tools to Explore
Use these Pulsafi calculators to understand your finances based on a real estate agent salary in Durham.
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 Durham, NC — Complete Guide
Median Salary Overview
The median salary for a real estate agent in Durham, NC is $58,290 per year, adjusted for the local cost of living index of 112. This figure reflects typical earnings for experienced professionals in this role, considering Durham's unique economic conditions.
Salary Range and Experience Levels
Entry-level real estate agent professionals in Durham can expect to earn around $32,905 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $89,315 per year. This represents a 171% increase from entry to senior level.
Cost of Living Adjustment
Durham's cost of living index of 112 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Durham 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 Durham typically goes toward housing. With a 1-bedroom apartment averaging $1,650 per month, housing represents about 34.0% 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 Durham, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.