Entry-Level Real Estate Agent Salary in Burnsville, MN: $29,631 (2026)
Quick Answer:New real estate agents entering the Burnsville, MN job market in 2026 can expect a starting salary around $29,631 (BLS 10th-percentile benchmark for SOC 41-9022, projected from 2025 OEWS data). Stripping out Burnsville's local price level (BEA RPP 98.5 — 1% below national), a first-year paycheck buys what $30,082 would in average-cost America. Most reach the city median ($44,793) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates stepping into real estate in Burnsville, Minnesota, the entry-level real estate agent salary offers a range with plenty of room for growth. Fresh entrants can expect starting pay around $29,631, a figure that is significantly lower than the city’s median salary of $44,793. While this gap may seem daunting, the trajectory is promising; as agents gain experience, they may see salaries rise steadily, passing through the $34,871 mark within a few years before hopefully reaching or surpassing the median. With a growth rate of 1.50% annually projected through 2026, the Burnsville market presents a realistic opportunity for new agents looking to build their career in real estate.
About the Burnsville Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Career Earnings Timeline in Burnsville
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Burnsville
Entry-level real estate agents in Burnsville, MN typically start between $29,631 and $34,871 per year (2026 est.). The full salary range spans $39,798 from the 10th to 90th percentile, with the local median at $44,793 — 16.47% below the national median.
Return on Investment
The average real estate program cost in Minnesota of $2,200 represents just 7.42% of the starting real estate agent pay ($29,631/year) in Burnsville. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Cost estimates include state-mandated pre-licensing courses, exam fees, background checks, initial license, and MLS/NAR dues. Agents typically pay for business expenses themselves. Brokers require additional experience and post-licensing education.
REA Salary Negotiation Tips for New Graduates in Burnsville
- 1Research the Burnsville market: entry-level real estate agent pay ranges from $29,631 to $34,871, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the real estate field — employers in MN often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Burnsville, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Burnsville for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Burnsville's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Real Estate Agent Compensation Range
The real estate agent wage spread in Burnsville is $39,798 ( 134.31%) between entry-level and top earners. Starting at $29,631, experienced hygienists can earn up to $69,429.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$22,074
2025 BLS Actual
$29,193
2026 Current Est.
$29,631
2019–2027 Growth
+36.2%
Salary Trajectory for Real Estate Agents in Burnsville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $22,074 | Actual |
| 2020 | $22,225 | Actual |
| 2021 | $25,031 | Actual |
| 2022 | $25,793 | Actual |
| 2023 | $27,812 | Actual |
| 2024 | $39,933 | Actual |
| 2025 | $29,193 | Actual |
| 2026(current) | $29,631 | Estimated |
| 2027 | $30,075 | Projected |
Entry-level real estate agent compensation (10th percentile) in Burnsville, MN grew 32.3% over 7 years based on actual BLS metropolitan area surveys, rising from $22,074 in 2019 to $29,193 in 2025. By 2027, starting salaries are projected to reach $30,075. New graduates entering the Burnsville job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Burnsville metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your real estate Career in Burnsville
When considering which employers are most likely to hire new graduates in Burnsville, major national franchises such as Keller Williams, RE/MAX, and Coldwell Banker frequently recruit entry-level agents. These brokerages typically offer structured training and mentorship to help fledgling agents navigate their initial years in the field, often with a commission split model. It's worth pursuing credentials that can enhance earning potential; obtaining a state real estate sales license involves completing a pre-license course and passing an exam, while further qualifications like the NAR REALTOR® designation can open new doors. The recent post-2024 settlement regarding commission structures has created a new environment in which most agents work as 1099 independent contractors. As agents adapt to these changes, realistic salary growth can be expected even in the initial phase of their careers, allowing newer agents to progressively build a clientele and increase their earnings in this competitive market.
More salary data for Burnsville, MN:
Frequently Asked Questions
What is the starting salary for real estate agents in Burnsville in 2026?
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Is real estate school worth it in Burnsville?
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Related Pages
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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
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new real estate graduates. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Burnsville. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Burnsville is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov