Real Estate Brokers in California
Is California a good place for you to work as a Real Estate Broker?
You’re in luck! Jobs for Real Estate Brokers in California are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Real Estate Brokers in California is growing faster than average.
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Real Estate Brokers in California earn higher salaries than the typical U.S. wage earner.
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How Many Real Estate Brokers Work in California?
In California, there were 5,700 people working as Real Estate Brokers in the year 2018.
There were 5,570 Real Estate Brokers employed in this state in 2017.
That’s growth of 130 jobs between 2017 and 2018.
The typical state has 460 Real Estate Brokers working in it, which means California has more Real Estate Brokers than average.
Job Projections for California
Jobs for Real Estate Brokers in this state are growing at a rate of 16.2% which is faster than the nationwide estimated projection of 4.9%.
California Annual Job Openings
The BLS estimates there will be 1,540 annual job openings, and 15,800 total jobs in 2026 for Real Estate Brokers in this state.
Nationwide, the prediction is 9,300 annual jobs and 100,000 total jobs in 2026.
What do Real Estate Brokers Make in California?
In 2018 wages for Real Estate Brokers ranged from $26,830 to $197,090 with $56,500 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $12.9 to $94.75. The median hourly rate was $27.17.
In 2017 the median pay for this field was $26.98 an hour.
The hourly rate grew by $0.19.
The median salary in California is higher than the nationwide median salary.
Top California Metros for Real Estate Brokers
The table below shows some of the metros in this state with the most Real Estate Brokers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 2,320 | $49,070 |
| San Diego-Carlsbad, CA | 930 | $65,670 |
| San Francisco-Oakland-Hayward, CA | 730 | $48,750 |
| Riverside-San Bernardino-Ontario, CA | 480 | n/a |
| San Jose-Sunnyvale-Santa Clara, CA | 380 | $56,670 |
| Sacramento–Roseville–Arden-Arcade, CA | 200 | n/a |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 90 | n/a |
| Vallejo-Fairfield, CA | 60 | n/a |
Top States for Real Estate Brokers Employment
The table below shows the states where most Real Estate Brokers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 5,700 | $56,500 |
| North Carolina | 3,700 | $39,890 |
| Florida | 3,010 | $49,080 |
| Colorado | 2,900 | $57,100 |
| Texas | 2,170 | $78,020 |
| Illinois | 1,780 | $51,920 |
| Missouri | 1,760 | $36,180 |
| Arizona | 1,730 | $58,010 |
| New York | 1,550 | $68,760 |
| Virginia | 1,510 | $74,480 |
| Oregon | 1,500 | $57,800 |
| South Carolina | 1,100 | $59,160 |
| Massachusetts | 900 | $0 |
| Pennsylvania | 840 | $0 |
| Michigan | 780 | $73,100 |
| Ohio | 730 | $56,380 |
| Indiana | 730 | $73,880 |
| Maryland | 720 | $73,060 |
| Georgia | 710 | $51,650 |
| Washington | 610 | $61,050 |
Below are the states where Real Estate Brokers get paid the most:
| State | Annual Median Salary |
|---|---|
| Tennessee | $80,020 |
| Connecticut | $78,080 |
| Texas | $78,020 |
| Virginia | $74,480 |
| Wisconsin | $74,140 |
| Indiana | $73,880 |
| Delaware | $73,400 |
| Alaska | $73,260 |
| Michigan | $73,100 |
| Maryland | $73,060 |
Related Careers in CA
You may also be interested in the following careers:
| Occupation | CA Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Godrej Mamurdi Pune under License
More about our data sources and methodologies.
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