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Real Estate Agent Salary in Raleigh, NC

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

Median Salary
$47,390
per year in Raleigh
Entry Level
$26,752
Starting salary
Senior Level
$72,614
Experienced professionals
Cost of Living
113
13% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$26,752$47,390$72,614
Monthly$2,229$3,949$6,051
Biweekly$1,029$1,823$2,793
Weekly$514$911$1,396
Hourly$13$23$35

Raleigh vs National Average

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

Raleigh Salary
$47,390
COL Index: 113
National Average
$82,250
COL Index: 100
Difference
-$34,860
Lower in Raleigh

Cost of Living in Raleigh

1-Bedroom Rent
$1,700
per month
Median Income
$63,456
per year
Population
467,665
residents
Rent % of Income
32.1%
median household
Cost of Living Index: 113 — A score of 100 represents the U.S. average. Salaries in Raleigh 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
+112%
Los Angeles, CA
$58,310
+23%
Chicago, IL
$56,500
+19%
Houston, TX
$50,130
+6%
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 Raleigh.

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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 Raleigh, NC — Complete Guide

Median Salary Overview

The median salary for a real estate agent in Raleigh, NC is $47,390 per year, adjusted for the local cost of living index of 113. This figure reflects typical earnings for experienced professionals in this role, considering Raleigh's unique economic conditions.

Salary Range and Experience Levels

Entry-level real estate agent professionals in Raleigh can expect to earn around $26,752 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $72,614 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Raleigh's cost of living index of 113 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Raleigh 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 Raleigh typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 43.0% 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 Raleigh, 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.