Real Estate Agent Hourly Pay in Norwalk, CT: $27.68 (2026)
Quick Answer:Hourly pay for a real estate agent working in Norwalk, CT runs $27.68 at the median for 2026 — annualizing to $57,581 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Norwalk's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $25.65 nationally would. A 24-hour part-time schedule grosses $34,543 per year.
Based on BLS state-level estimates · View source
In Norwalk, Connecticut, the projected median hourly pay for real estate agents in 2026 is $27.68, exceeding the national median of $25.78. This higher hourly rate reflects the area's relatively higher cost of living and market competitiveness. For part-time agents working three days a week, this hourly wage translates to approximately $37,000 annually, which can provide a reasonable income if they supplement their earnings with additional client engagements or specialized work. The hourly pay range varies, with entry-level agents at the 10th percentile earning around $16.47, while the top 10% of earners can command up to $42.91 an hour. Given the commission-based nature of this industry, many agents experience fluctuations in earnings, making hourly dynamics a significant aspect of their financial planning, whether they are in a brokerage office, conducting property tours, or preparing presentations for clients.
About the Norwalk Market
Salary estimated from Connecticut average ($78,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.47 | $131.79 |
| Lower Range (P25) | $20.19 | $161.51 |
| Median (P50) | $27.68 | $221.43 |
| Upper Range (P75) | $35.43 | $283.47 |
| Top Earners (P90) | $42.91 | $343.31 |
Estimated Annual Income by Work Schedule in Norwalk
Based on $27.68/hr median hourly rate · 2026 est.
At $27.68/hr, a real estate agent working full-time (40 hr/wk) in Norwalk, CT can expect to earn approximately $57,572 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $33,215. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in Norwalk.
Hourly Rate Calculator
Schedule Comparison in Norwalk
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,107.16 | $4,798 | $57,572 |
| Part-Time (24 hrs) | $664.30 | $2,879 | $34,543 |
| Per Diem (16 hrs) | $442.86 | $1,919 | $23,029 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Norwalk) | $27.68 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Norwalk, CT earn a median of $57,581 per year (2026 est.), which is 7.38% higher than the national median of $53,622 and 0.50% below the Connecticut state average of $57,870.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $27.68/hr = $34,543/year (purchasing power: $32,014).
Working 40h/week (full-time) = $57,572/year (purchasing power: $53,357).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$25.26/hr
2025 BLS Actual
$27.27/hr
2026 Current Est.
$27.68/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Norwalk (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $25.26/hr | Actual |
| 2020 | $25.31/hr | Actual |
| 2021 | $24.95/hr | Actual |
| 2022 | $25.80/hr | Actual |
| 2023 | $28.03/hr | Actual |
| 2024 | $40.27/hr | Actual |
| 2025 | $27.27/hr | Actual |
| 2026(current) | $27.68/hr | Estimated |
| 2027 | $28.09/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Norwalk grew 8.0% from $25.26/hr (2019) to $27.27/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $28.09/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Norwalk 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.
Working as an Hourly Real Estate Agent in Norwalk
When considering part-time versus full-time commitments, the financial implications are significant. A real estate agent working on a per-diem basis, often as an independent contractor, has a different earning structure compared to traditional salaried positions. While team-based agents may draw a guaranteed base salary of $40,000 to $80,000 annually plus competitive commission splits, newer agents in their first couple of years may find themselves making less than minimum wage when factoring in unpaid prospecting time and other preparatory activities. The differences in hourly rates can also be attributed to the type of brokerage or firm—national franchises such as Keller Williams or Coldwell Banker often offer more structured support and resources, while independent or discount brokerages might provide greater flexibility but with less financial security. As real estate compensation continues to evolve post-2024 NAR commission changes, potential agents in Norwalk must weigh the trade-offs between hourly pay and benefits such as health insurance, effectively negotiating their compensation in a competitive job market.
More salary data for Norwalk, CT:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Norwalk. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Norwalk 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