Real Estate Agent Salary in Montpelier, VT
How much does a real estate agent make in Montpelier? Explore median, entry-level, and senior salaries adjusted for Montpelier's cost of living.
Salary Breakdown by Experience Level
See how real estate agent salaries break down across different pay periods in Montpelier.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $50,833 | $90,047 | $137,975 |
| Monthly | $4,236 | $7,504 | $11,498 |
| Biweekly | $1,955 | $3,463 | $5,307 |
| Weekly | $978 | $1,732 | $2,653 |
| Hourly | $24 | $43 | $66 |
Montpelier vs National Average
How Montpelier's real estate agent salaries compare to national figures.
Cost of Living in Montpelier
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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Real Estate Agent Salary in Montpelier, VT — Complete Guide
Median Salary Overview
The median salary for a real estate agent in Montpelier, VT is $90,047 per year, adjusted for the local cost of living index of 119. This figure reflects typical earnings for experienced professionals in this role, considering Montpelier's unique economic conditions.
Salary Range and Experience Levels
Entry-level real estate agent professionals in Montpelier can expect to earn around $50,833 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $137,975 per year. This represents a 171% increase from entry to senior level.
Cost of Living Adjustment
Montpelier's cost of living index of 119 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Montpelier 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 Montpelier typically goes toward housing. With a 1-bedroom apartment averaging $1,650 per month, housing represents about 22.0% 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 Montpelier, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.