Real Estate Agent Hourly Pay in Owensboro, KY: $23.21 (2026)
Quick Answer:Hourly pay for a real estate agent working in Owensboro, KY runs $23.21 at the median for 2026 — annualizing to $48,276 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Owensboro's regional price level (BEA RPP 89.3, 11% below national), each hour of work buys what $25.99 nationally would. A 24-hour part-time schedule grosses $28,970 per year.
Based on BLS state-level estimates · View source
In Owensboro, Kentucky, real estate agents earn a median hourly rate of $23.21, which falls below the national hourly median of $25.78. This wage reflects the unique dynamics of the local market, where many agents may offer less conventional working hours, allowing them to work part-time - potentially just three days a week. Working these hours can result in varying income, as tasks are typically performed in various settings, including brokerage offices for paperwork, client property showings, and sometimes remote work. Entry-level agents might find themselves earning around $14.32, while more experienced professionals can command rates as high as $35.97, highlighting the potential for significant income growth as one establishes a client base and gains expertise.
About the Owensboro Market
Salary estimated from Kentucky average ($52,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.32 | $114.57 |
| Lower Range (P25) | $17.30 | $138.36 |
| Median (P50) | $23.21 | $185.70 |
| Upper Range (P75) | $29.71 | $237.67 |
| Top Earners (P90) | $35.97 | $287.77 |
Estimated Annual Income by Work Schedule in Owensboro
Based on $23.21/hr median hourly rate · 2026 est.
At $23.21/hr, a real estate agent working full-time (40 hr/wk) in Owensboro, KY can expect to earn approximately $48,283 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,856. With a cost-of-living index of 89.30 (below the national average), these earnings stretch further in Owensboro.
Hourly Rate Calculator
Schedule Comparison in Owensboro
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $928.52 | $4,024 | $48,283 |
| Part-Time (24 hrs) | $557.11 | $2,414 | $28,970 |
| Per Diem (16 hrs) | $371.41 | $1,609 | $19,313 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Owensboro) | $23.21 |
| 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 Owensboro, KY earn a median of $48,276 per year (2026 est.), which is 9.97% lower than the national median of $53,622 and 0.80% above the Kentucky state average of $47,893.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $23.21/hr = $28,970/year (purchasing power: $32,441).
Working 40h/week (full-time) = $48,283/year (purchasing power: $54,068).
CoL index: 89.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.66/hr
2025 BLS Actual
$22.87/hr
2026 Current Est.
$23.21/hr
2019–2027 Growth
+14.0%
Hourly Rate Trajectory for Real Estate Agents in Owensboro (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.66/hr | Actual |
| 2020 | $22.40/hr | Actual |
| 2021 | $20.93/hr | Actual |
| 2022 | $21.64/hr | Actual |
| 2023 | $17.68/hr | Actual |
| 2024 | $22.51/hr | Actual |
| 2025 | $22.87/hr | Actual |
| 2026(current) | $23.21/hr | Estimated |
| 2027 | $23.56/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Owensboro grew 10.7% from $20.66/hr (2019) to $22.87/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.56/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 Owensboro 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 Owensboro
For agents operating in Owensboro, the distinction between part-time and full-time work clearly impacts annual earnings. A part-time agent working 24 hours a week could take home considerably less than their full-time counterparts, who may enjoy upwards of $48,276 in compensation. Given the commission-based nature of real estate, many agents operate as 1099 independent contractors, often financial strains can result in initial earnings that are challenging, especially for new agents during their first couple of years when unpaid prospecting time is common. Agents affiliated with national franchise brokerages or luxury firms may have differing earning potentials due to varied commission splits and operational costs. There is often a trade-off between securing better hourly wages and the benefits offered by franchises or larger firms. Understanding these dynamics is essential for agents negotiating their compensation as they navigate the evolving landscape of real estate in Owensboro, especially amid current industry adjustments following the post-2024 NAR commission settlement.
More salary data for Owensboro, KY:
Frequently Asked Questions
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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
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 Owensboro. 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 Owensboro 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