Real Estate Agent Hourly Pay in Winona, MN: $20.70 (2026)
Quick Answer:Hourly pay for a real estate agent working in Winona, MN runs $20.70 at the median for 2026 — annualizing to $43,045 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Winona's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $21.01 nationally would. A 24-hour part-time schedule grosses $25,828 per year.
Based on BLS state-level estimates · View source
Real estate agents in Winona, MN, earn a median hourly rate of $20.70, which is considerably lower than the national median of $25.78. This discrepancy in pay reflects the local market dynamics, as agents often balance their time between brokerage office duties, property showings, and client meetings, often working on a part-time basis or per diem. For those just starting in the field, hourly pay can range from $13.46 at entry-level positions to $32.07 for the most successful agents in the region. The varied settings in which agents operate—from negotiations at closing tables to presentations at seller homes—allow for flexibility, particularly valuable for those pursuing real estate on a part-time schedule, where working three days a week can significantly impact earnings.
About the Winona 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) | $13.46 | $107.67 |
| Lower Range (P25) | $15.87 | $127.00 |
| Median (P50) | $20.70 | $165.57 |
| Upper Range (P75) | $26.49 | $211.93 |
| Top Earners (P90) | $32.07 | $256.59 |
Estimated Annual Income by Work Schedule in Winona
Based on $20.70/hr median hourly rate · 2026 est.
At $20.70/hr, a real estate agent working full-time (40 hr/wk) in Winona, MN can expect to earn approximately $43,047 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $24,835. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Winona.
Hourly Rate Calculator
Schedule Comparison in Winona
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $827.83 | $3,587 | $43,047 |
| Part-Time (24 hrs) | $496.70 | $2,152 | $25,828 |
| Per Diem (16 hrs) | $331.13 | $1,435 | $17,219 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Winona) | $20.70 |
| 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 Winona, MN earn a median of $43,045 per year (2026 est.), which is 19.73% lower than the national median of $53,622 and 5.20% below the Minnesota state average of $45,406.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $20.70/hr = $25,828/year (purchasing power: $26,222).
Working 40h/week (full-time) = $43,047/year (purchasing power: $43,703).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$18.88/hr
2025 BLS Actual
$20.39/hr
2026 Current Est.
$20.70/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Winona (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $18.88/hr | Actual |
| 2020 | $18.93/hr | Actual |
| 2021 | $18.66/hr | Actual |
| 2022 | $19.29/hr | Actual |
| 2023 | $20.96/hr | Actual |
| 2024 | $30.52/hr | Actual |
| 2025 | $20.39/hr | Actual |
| 2026(current) | $20.70/hr | Estimated |
| 2027 | $21.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Winona grew 8.0% from $18.88/hr (2019) to $20.39/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.01/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 Winona 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 Winona
Evaluating part-time potential for a three-day workweek, a real estate agent in Winona could expect to take home around $26,080 annually, far less than what full-time agents might earn. Most real estate work is commission-based, making per diem pay uncommon in this profession, and top performers can command $100-$300 an hour in high-demand situations. New agents in their first couple of years frequently see hourly compensation that falls below minimum wage when considering unpaid prospecting efforts. Different employer types also impact earning potential; national franchises like Keller Williams and RE/MAX may offer greater support resources but can have lower hourly rates compared to local independent brokerages or luxury firms. Some agents might choose lower hourly earnings in exchange for health benefits, highlighting a trade-off in the industry. Effective negotiation skills can also help in securing better hourly compensation, reinforcing the need for agents in Winona to be proactive and strategic in their employment discussions if they want to maximize their income in this commission-centered economy.
More salary data for Winona, 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 Winona. 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 Winona 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