Real Estate Brokers pay range in Minneapolis
New workers and the lowest-paid 10% earn about $39,660 a year or less, while the top 10% make $160,170 or more. The middle half of real estate brokers in Minneapolis earn between $39,660 and $92,780.
- $40K10th
- $40K25th
- $62KMedian
- $93K75th
- $160K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $74,880 | $6,240 | $36.00 |
| Median | $61,890 | $5,158 | $29.75 |
| Entry level (25th percentile) | $39,660 | $3,305 | $19.07 |
| Experienced (75th percentile) | $92,780 | $7,732 | $44.61 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Real Estate Brokers pay in Minneapolis vs. Minnesota and the U.S.
Real estate brokers in Minneapolis earn 8% more than the Minnesota average ($69,350) and 11% less than the U.S. average ($83,950). At the median the gap is -15% against the U.S. median of $73,220.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Minneapolis | $74,880 | $61,890 | $39,660 | $160,170 | n/a |
| Minnesota | $69,350 | $39,850 | $36,190 | $146,130 | n/a |
| United States | $83,950 | $73,220 | $37,110 | $143,300 | 46,100 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Real Estate Brokers salary after taxes in Minneapolis
On the average salary of $74,880, a single filer in Minneapolis takes home about $57,940 a year, or $4,828 a month and $2,228 every two weeks. Taxes take 23% of gross pay.
The Minneapolis-St. Paul-Bloomington, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WI | $58,572 | $4,881 |
| Working in MN | $57,940 | $4,828 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is Minneapolis a good place for real estate brokers? Pay vs. cost of living
Prices in the Minneapolis area are 5% above the U.S. average (BEA price parity 104.8), so the average $74,880 buys what about $71,435 would buy in a typical U.S. metro. This job pays 1.0 times the median wage of all jobs in Minneapolis ($59,320). A typical home costs $393,774, or 5.3 years of this average salary before tax.
Real Estate Brokers salary in nearby metro areas
- Ames, IA$62,250
- Madison, WI$84,910
- Davenport, IA$61,980
- Milwaukee, WI$137,160
- Chicago, IL$82,190
- St. Joseph, MO$64,180
Highest-paying cities for real estate brokers
Milwaukee, WI pays this job the most of the metro areas we cover ($137,160).
- Milwaukee, WI$137,160
- Durham, NC$134,280
- Charlotte, NC$126,750
- Los Angeles, CA$115,770
- Providence, RI$114,000
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Real Estate Brokers salary in Minneapolis: questions
How much do real estate brokers make an hour in Minneapolis?
$36.00 an hour on average, and $29.75 at the median (BLS, May 2025).
What is the entry-level real estate brokers salary in Minneapolis?
The lowest-paid 10% earn about $39,660 a year and the 25th percentile is $39,660, a fair guide to starting pay.
What is the real estate brokers take-home pay in Minneapolis?
About $57,940 a year ($4,828 a month) for a single filer on the average salary of $74,880. Minnesota Paid Leave premiums are not included.
Do real estate brokers earn more in Minneapolis than elsewhere?
The average here is 11% less than the U.S. average for this job ($83,950).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 41-9021; area Minneapolis-St. Paul-Bloomington, MN-WI (33460). Relative standard error of the mean wage: 29.5%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
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