Peabody vs Springfield: Real Estate Agent Salary (2026)
Compare real estate agent salaries between Peabody, MA and Springfield, MA. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Peabody, MA | Springfield, MA |
|---|---|---|
| Median Salary | $92,861 | $93,560▲ |
| Hourly Rate | $44.65 | $44.98▲ |
| Entry Level (P10) | $56,223▲ | $54,265 |
| 25th Percentile | $71,927▲ | $70,357 |
| 75th Percentile | $118,863 | $119,757▲ |
| Top Earner (P90) | $143,935 | $145,017▲ |
| Total Employed | 8 | 31▲ |
Verdict
Springfield, MA offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to Peabody.
The salary gap between Peabody and Springfield is $699 (0.75%). Springfield's median is +74.48% compared to the US national median of $53,622.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Peabody spans $87,712,Springfield spans $90,752. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced real estate agents.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Springfield ($86,230 effective) pays 0.75% more than Peabody ($85,586 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Peabody if…
- ✓You prefer the Massachusetts area and lifestyle
Choose Springfield if…
- ✓Higher median salary ($93,560/year)
- ✓Better top-earner potential ($145,017)
- ✓Larger job market (31 employed)
- ✓Better purchasing power (CoL-adjusted: $86,230)
- ✓You prefer the Massachusetts area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, real estate agent salaries in Peabody grew -4.3% from 2024 to 2025, compared to 182.4% growth in Springfield over the same period.
Peabody, MA
$95,573 (2024) → $91,489 (2025)
Springfield, MA
$32,640 (2019) → $92,177 (2025)
View Full Salary Data
Peabody, MA
Springfield, MA
Frequently Asked Questions
Which city pays real estate agents more: Peabody or Springfield?
What is the hourly rate difference between Peabody and Springfield?
Should I relocate from Peabody to Springfield as a real estate agent?
What do entry-level real estate agents earn in Peabody vs Springfield?
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.
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