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Real Estate Agent Salary in Washington, DC

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

Median Salary
$64,330
per year in Washington
Entry Level
$36,315
Starting salary
Senior Level
$98,570
Experienced professionals
Cost of Living
158
58% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$36,315$64,330$98,570
Monthly$3,026$5,361$8,214
Biweekly$1,397$2,474$3,791
Weekly$698$1,237$1,896
Hourly$17$31$47

Washington vs National Average

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

Washington Salary
$64,330
COL Index: 158
National Average
$82,250
COL Index: 100
Difference
-$17,920
Lower in Washington

Cost of Living in Washington

1-Bedroom Rent
$2,200
per month
Median Income
$90,842
per year
Population
689,545
residents
Rent % of Income
29.1%
median household
Cost of Living Index: 158 — A score of 100 represents the U.S. average. Salaries in Washington 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
+56%
Los Angeles, CA
$58,310
-9%
Chicago, IL
$56,500
-12%
Houston, TX
$50,130
-22%
Phoenix, AZ
$53,370
-17%

Financial Tools to Explore

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

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 Washington, DC — Complete Guide

Median Salary Overview

The median salary for a real estate agent in Washington, DC is $64,330 per year, adjusted for the local cost of living index of 158. This figure reflects typical earnings for experienced professionals in this role, considering Washington's unique economic conditions.

Salary Range and Experience Levels

Entry-level real estate agent professionals in Washington can expect to earn around $36,315 annually. As professionals gain experience, salaries typically increase, with senior-level real estate agents earning approximately $98,570 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Washington's cost of living index of 158 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Washington 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 Washington typically goes toward housing. With a 1-bedroom apartment averaging $2,200 per month, housing represents about 41.0% 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 Washington, 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.