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Real Estate Brokers in California

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Real Estate Brokers in California

Is California a good place for you to work as a Real Estate Broker?

16.2% Jobs Projection
$56,500 Median Salary
1,540 Job Openings

You’re in luck! Jobs for Real Estate Brokers in California are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Real Estate Brokers in California is growing faster than average.

  • Real Estate Brokers in California earn higher salaries than the typical U.S. wage earner.

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.

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The typical state has 460 Real Estate Brokers working in it, which means California has more Real Estate Brokers than average.

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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%.

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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.

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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

You may also be interested in the following careers:

Occupation CA Employment Total

References

More about our data sources and methodologies.

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