Real Estate Broker Salary in New Jersey
Median annual pay in New Jersey
$111,390
$53.55/hour
BLS OEWS, May 2025
Adjusted for cost of living in New Jersey
$102,376
Regional Price Parity: 108.805 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($73,220): +$38,170 (+52.1%)
New Jersey ranks 1st of 36 states by median pay, and 1st of 36 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $47,750 | $22.96 |
| 25th percentile | $100,500 | $48.32 |
| Median | $111,390 | $53.55 |
| 75th percentile | $111,390 | $53.55 |
| 90th percentile | $111,390 | $53.56 |
Employment
- Employment in New Jersey
- 1,290
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Comparison
Compared with the U.S.
- Median annual pay in New Jersey
- $111,390
- Median annual pay in the U.S.
- $73,220
- Difference
- +$38,170 (+52.1%)
Cost of living
$111,390 ÷ 108.805 × 100 = $102,376
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| New Jersey This page | ||
| 1st | $111,390 | $102,376 1st |
| Connecticut | ||
| 2nd | $105,800 | $102,114 2nd |
| Utah | ||
| 3rd | $92,830 | $93,897 3rd |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Real Estate Sales Agent salary in the U.S.
$52,830/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Loan Officer salary in New Jersey
$92,920/year New Jersey
- Buyer and Purchasing Agent salary in the U.S.
$77,710/year U.S.
- Sales Manager salary in New Jersey
$173,020/year New Jersey
- Insurance Sales Agent salary in the U.S.
$62,280/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +0.8%
- Typical education needed for entry (U.S.)
- High school diploma or equivalent
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Real Estate Broker salary in nearby places
- Real Estate Broker salary in Delaware
$68,690/year Delaware
- Real Estate Broker salary in the U.S.
$73,220/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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