Average Real Estate Agent Salary in Massachusetts
Sales · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Real Estate Agent in Massachusetts earns $68,700 per year, which is above the national average of $62,190. This translates to approximately $33.03 per hour, $2,642 biweekly, or $5,725 per month before taxes.
The cost of living in Massachusetts is 35% above the national average, which explains the higher salary levels needed to maintain purchasing power.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $51,500 | $24.76 |
| Average (50th) | $68,700 | $33.03 |
| Experienced (75th) | $79,000 | $37.98 |
| Top Earners (90th) | $89,300 | $42.93 |
Real Estate Agent Salary by City in Massachusetts
| City | Average Salary | Monthly |
|---|---|---|
| Boston | $74,200 | $6,183/mo |
| Worcester | $70,100 | $5,842/mo |
| Springfield | $67,300 | $5,608/mo |
| Cambridge | $65,300 | $5,442/mo |
| Lowell | $63,900 | $5,325/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Sales |
| Typical Education | High school + license |
| Job Growth (2022-2032) | 3% (nationwide) |
| State Income Tax | Flat 5.0% + 4% surtax over $1M |
| State Minimum Wage | $15.00/hr |
| Cost of Living Index | 1.35 (+35% vs national avg) |
Top Employers in Massachusetts
Major employers hiring Real Estate Agents in Massachusetts include Mass General Brigham, Raytheon, Fidelity, Boston Scientific, and Wayfair. These companies and organizations offer competitive salaries and benefits packages for sales professionals.
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