Real Estate Brokers in Illinois
Want to work in Illinois as a Real Estate Broker? Read this first!
While jobs for Real Estate Brokers in Illinois are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Real Estate Brokers in Illinois is expected to decrease.
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Real Estate Brokers in Illinois earn higher salaries than the typical U.S. wage earner.
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How Many Real Estate Brokers Work in Illinois?
There were approximately 1,780 workers employed as Real Estate Brokers in this state in 2018.
There were 2,590 Real Estate Brokers employed in this state in 2017.
That’s a decline of 810 jobs between 2017 and 2018.
The typical state has 460 Real Estate Brokers working in it, which means Illinois has more Real Estate Brokers than average.
Job Projections for Illinois
Jobs for Real Estate Brokers in this state are declining at a rate of 0.5% which is a faster decline than the nationwide estimated projection of 4.9%.
Illinois Annual Job Openings
The BLS is projecting 350 annual Real Estate Brokers job openings in Illinois, and 3,940 total jobs in the year 2026.
Nationwide, the prediction is 9,300 annual jobs and 100,000 total jobs in 2026.
What do Real Estate Brokers Make in Illinois?
In 2018 wages for Real Estate Brokers ranged from $18,350 to $208,000 with $51,920 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $8.82 to $100. The median hourly rate was $24.96.
Workers in this field were paid a median of $25.33 an hour in 2017.
The hourly rate declined by $0.37.
The median salary in Illinois is higher than the nationwide median salary.
Top Illinois 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 |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI | 1,680 | $52,260 |
| St. Louis, MO-IL | 610 | 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 IL
You may also be interested in the following careers:
| Occupation | IL 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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