Real Estate Agent Hourly Pay in Hastings, MN: $20.81 (2026)
Quick Answer:Hourly pay for a real estate agent working in Hastings, MN runs $20.81 at the median for 2026 — annualizing to $43,275 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Hastings's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $21.12 nationally would. A 24-hour part-time schedule grosses $25,968 per year.
Based on BLS state-level estimates · View source
In Hastings, Minnesota, real estate agents can expect a median hourly pay of $20.81, which is significantly lower than the national median of $25.78. This differential means that agents working here, whether part-time or in per-diem arrangements, may be earning less than their counterparts in other areas. A part-time agent working roughly three days a week, focusing on activities such as property tours, client meetings, and paperwork, would find themselves operating within an hourly pay range from $13.49 for entry-level positions to $32.25 for those at the upper end of the spectrum. These hourly estimates are derived from salary data, reflecting the variable nature of work and commission-based earnings typical in the real estate sector.
About the Hastings Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $13.49 | $107.91 |
| Lower Range (P25) | $15.86 | $126.92 |
| Median (P50) | $20.81 | $166.46 |
| Upper Range (P75) | $26.63 | $213.07 |
| Top Earners (P90) | $32.25 | $257.97 |
Estimated Annual Income by Work Schedule in Hastings
Based on $20.81/hr median hourly rate · 2026 est.
At $20.81/hr, a real estate agent working full-time (40 hr/wk) in Hastings, MN can expect to earn approximately $43,280 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $24,969. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Hastings.
Hourly Rate Calculator
Schedule Comparison in Hastings
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $832.30 | $3,607 | $43,280 |
| Part-Time (24 hrs) | $499.38 | $2,164 | $25,968 |
| Per Diem (16 hrs) | $332.92 | $1,443 | $17,312 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Hastings) | $20.81 |
| 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 Hastings, MN earn a median of $43,275 per year (2026 est.), which is 19.30% lower than the national median of $53,622 and 4.70% below the Minnesota state average of $45,409.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $20.81/hr = $25,968/year (purchasing power: $26,363).
Working 40h/week (full-time) = $43,280/year (purchasing power: $43,939).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$18.99/hr
2025 BLS Actual
$20.50/hr
2026 Current Est.
$20.81/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Hastings (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $18.99/hr | Actual |
| 2020 | $19.03/hr | Actual |
| 2021 | $18.76/hr | Actual |
| 2022 | $19.39/hr | Actual |
| 2023 | $21.07/hr | Actual |
| 2024 | $30.68/hr | Actual |
| 2025 | $20.50/hr | Actual |
| 2026(current) | $20.81/hr | Estimated |
| 2027 | $21.12/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Hastings grew 8.0% from $18.99/hr (2019) to $20.50/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.12/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 Hastings 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 Hastings
Employment in real estate in Hastings often revolves around commission structures rather than a traditional hourly wage framework. A part-time agent working 24 hours a week may take home significantly less annually compared to a full-time role, with many new agents in their first years potentially earning below minimum wage when factoring in unpaid prospecting time. The nature of real estate work means that while top producers can command per diem rates that range from $100 to $300 per hour, many agents, particularly those in team setups or lesser-known independent brokerages, will experience a downward pressure on earnings, which can often be exacerbated by their commission splits. In Hastings, agents can find differing hourly rates depending on whether they are part of a national franchise or a local independent brokerage, and those looking for the stability of benefits may choose lower hourly rates that come with health insurance, contrasting with higher income opportunities found in commission-heavy structures. Understanding these nuances is essential for success in this competitive market.
More salary data for Hastings, MN:
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 Hastings. 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 Hastings 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