Real Estate Brokers Salary in Tennessee

Real estate brokers in Tennessee earn the most in Nashville (average $68,270 a year) and the least in Knoxville ($57,900), across the 4 Tennessee metro areas we cover. Statewide, BLS puts the real estate brokers average at $62,910 and the median at $60,150 for 540 workers. The U.S. average for this job is $83,950.

Real Estate Brokers average salary by city in Tennessee

Nashville$68,270
Memphis$61,480
Kingsport$60,560
Knoxville$57,900

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Nashville	$68,270	$62,350	$46,660	$56,858	96
Memphis	$61,480	$52,570	$38,900	$51,579	92
Kingsport	$60,560	$45,250	$36,310	$50,840	86
Knoxville	$57,900	$58,280	$38,120	$48,703	93

*Average salary after federal and state taxes for a single filer; Tennessee has no state income tax. Cost of living: BEA price parity, U.S. = 100.

Real Estate Brokers salary in other states

Real Estate Brokers salary by city and state

More about pay in Tennessee

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.
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.

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