Real Estate Agent Pay

Germantown vs Memphis: Real Estate Agent Salary (2026)

Compare real estate agent salaries between Germantown, TN and Memphis, TN. All figures are 2026 estimates projected from BLS 2025 data.

Germantown, TN
$45,928
$22.08/hr
Memphis, TN
$47,187
$22.69/hr

Side-by-Side Comparison

MetricGermantown, TNMemphis, TN
Median Salary$45,928$47,187
Hourly Rate$22.08$22.69
Entry Level (P10)$28,085$31,160
25th Percentile$36,711$35,657
75th Percentile$58,788$77,972
Top Earner (P90)$71,188$106,534
Total Employed8470
Side-by-side bar chart comparing Germantown ($45,928) and Memphis ($47,187) real estate agent salaries.GermantownMemphisMedian Salary$45,928$47,187Entry Level (P10)$28,085$31,160Top Earner (P90)$71,188$106,534US Median $53,622

Verdict

Memphis, TN offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to Germantown.

The salary gap between Germantown and Memphis is $1,259 (2.74%). Memphis's median is -12.00% compared to the US national median of $53,622.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Germantown spans $43,103,Memphis spans $75,374. Memphis has a wider pay range, suggesting more variation in pay between entry-level and experienced real estate agents.

Germantown
P10 (Entry)$28,085
P25$36,711
Median$45,928
P75$58,788
P90 (Top)$71,188
Memphis
P10 (Entry)$31,160
P25$35,657
Median$47,187
P75$77,972
P90 (Top)$106,534

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Memphis ($51,191 effective) pays 2.32% more than Germantown ($50,031 effective).

Germantown
Nominal: $45,928
CoL Index: 91.8
Adjusted: $50,031
Memphis
Nominal: $47,187
CoL Index: 92.179
Adjusted: $51,191

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Germantown if…

  • You prefer the Tennessee area and lifestyle

Choose Memphis if…

  • Higher median salary ($47,187/year)
  • Better top-earner potential ($106,534)
  • Larger job market (470 employed)
  • Better purchasing power (CoL-adjusted: $51,191)
  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Germantown grew -12.7% from 2024 to 2025, compared to -14.9% growth in Memphis over the same period.

Germantown, TN

+-12.7%

$51,822 (2024) → $45,249 (2025)

Memphis, TN

+-14.9%

$54,610 (2019) → $46,490 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Germantown or Memphis?

Memphis has a higher median real estate agent salary at $47,187/year, compared to Germantown at $45,928/year — a difference of $1,259 (2.74%).

What is the hourly rate difference between Germantown and Memphis?

Germantown real estate agents earn $22.08/hr while Memphis hygienists earn $22.69/hr (2026 est.).

Should I relocate from Germantown to Memphis as a real estate agent?

Consider more than just salary when comparing Germantown and Memphis. Factor in cost of living (CoL-adjusted: Germantown = $50,031, Memphis = $51,191), job availability (8 vs 470 employed), commute, and career growth potential.

What do entry-level real estate agents earn in Germantown vs Memphis?

Entry-level (10th percentile) real estate agents earn $28,085 in Germantown and $31,160 in Memphis. The Memphis area offers higher starting salaries.
MG

Written by Maria Gonzalez, REALTOR®

Career Analyst

Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.

Clinically reviewed by David Chen, REALTOR®Data verified by Fatima Ali, REALTOR®

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.50% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov