Real Estate Broker Salary in Tennessee
Median annual pay in Tennessee
$60,150
$28.92/hour
BLS OEWS, May 2025
Adjusted for cost of living in Tennessee
$65,473
Regional Price Parity: 91.870 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($73,220): −$13,070 (−17.9%)
Tennessee ranks 28th of 36 states by median pay, and 24th of 36 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $33,560 | $16.13 |
| 25th percentile | $36,620 | $17.60 |
| Median | $60,150 | $28.92 |
| 75th percentile | $72,660 | $34.93 |
| 90th percentile | $108,370 | $52.10 |
Employment
- Employment in Tennessee
- 540
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Comparison
Compared with the U.S.
- Median annual pay in Tennessee
- $60,150
- Median annual pay in the U.S.
- $73,220
- Difference
- −$13,070 (−17.9%)
Cost of living
$60,150 ÷ 91.870 × 100 = $65,473
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Illinois | ||
| 26th | $62,540 | $62,566 28th |
| Missouri | ||
| 27th | $62,280 | $68,577 20th |
| Tennessee This page | ||
| 28th | $60,150 | $65,473 24th |
| West Virginia | ||
| 29th | $58,960 | $65,879 23rd |
| Idaho | ||
| 30th | $57,660 | $60,381 30th |
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 Tennessee
$62,800/year Tennessee
- Buyer and Purchasing Agent salary in the U.S.
$77,710/year U.S.
- Sales Manager salary in Tennessee
$128,040/year Tennessee
- 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 Alabama
$82,630/year Alabama
- Real Estate Broker salary in Arkansas
$73,800/year Arkansas
- Real Estate Broker salary in Mississippi
$41,690/year Mississippi
- Real Estate Broker salary in Missouri
$62,280/year Missouri
- Real Estate Broker salary in North Carolina
$52,830/year North Carolina
- Real Estate Broker salary in Virginia
$77,270/year Virginia
- 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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