Real Estate Agent Hourly Pay in Woodbury, MN: $22.13 (2026)
Quick Answer:Hourly pay for a real estate agent working in Woodbury, MN runs $22.13 at the median for 2026 — annualizing to $46,019 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Woodbury's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $22.46 nationally would. A 24-hour part-time schedule grosses $27,614 per year.
Based on BLS state-level estimates · View source
In Woodbury, Minnesota, the median hourly pay for real estate agents is projected to be $22.13 in 2026. This figure falls short of the national median hourly rate of $25.78, highlighting a significant regional difference in earnings. For agents working part-time, such as those dedicating three days a week to the field, this hourly rate translates to approximately $34,000 annually, considering a 24-hour work week. With a range that spans from $13.83 for entry-level positions to $34.30 for top earners, the compensation reflects varying experience levels and commission-based structures prevalent in the profession. Work environments for agents in Woodbury can differ significantly, including brokerage offices, property tours, listing presentations, and closing meetings, with flexibility allowing for remote or mobile work.
About the Woodbury 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) | $13.83 | $110.68 |
| Lower Range (P25) | $16.63 | $133.01 |
| Median (P50) | $22.13 | $177.02 |
| Upper Range (P75) | $28.32 | $226.55 |
| Top Earners (P90) | $34.30 | $274.37 |
Estimated Annual Income by Work Schedule in Woodbury
Based on $22.13/hr median hourly rate · 2026 est.
At $22.13/hr, a real estate agent working full-time (40 hr/wk) in Woodbury, MN can expect to earn approximately $46,024 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,552. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Woodbury.
Hourly Rate Calculator
Schedule Comparison in Woodbury
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $885.08 | $3,835 | $46,024 |
| Part-Time (24 hrs) | $531.05 | $2,301 | $27,614 |
| Per Diem (16 hrs) | $354.03 | $1,534 | $18,410 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Woodbury) | $22.13 |
| 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 Woodbury, MN earn a median of $46,019 per year (2026 est.), which is 14.18% lower than the national median of $53,622 and 1.30% above the Minnesota state average of $45,429.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.13/hr = $27,614/year (purchasing power: $28,035).
Working 40h/week (full-time) = $46,024/year (purchasing power: $46,725).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.19/hr
2025 BLS Actual
$21.80/hr
2026 Current Est.
$22.13/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Woodbury (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.19/hr | Actual |
| 2020 | $20.24/hr | Actual |
| 2021 | $19.95/hr | Actual |
| 2022 | $20.62/hr | Actual |
| 2023 | $22.41/hr | Actual |
| 2024 | $32.63/hr | Actual |
| 2025 | $21.80/hr | Actual |
| 2026(current) | $22.13/hr | Estimated |
| 2027 | $22.46/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Woodbury grew 8.0% from $20.19/hr (2019) to $21.80/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.46/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 Woodbury 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 Woodbury
The part-time earning potential presents a distinct contrast when compared to full-time agents. A real estate agent working three days a week may take home $34,000 annually, significantly lower than their full-time counterparts who can earn upwards of $46,019. For those engaged in per diem positions, the dynamics shift since real estate agents typically operate as independent contractors under a 1099 structure. While per diem roles are relatively rare, top producers can see hourly equivalents climbing to $100-$300, primarily through commission rather than hourly pay. Each brokerage type influences these rates, with franchise groups like Keller Williams and Coldwell Banker offering stability, while independent or discount brokerages may present lower hourly rates but potentially higher commission splits. The trade-off for many agents centers on benefits versus hourly pay; those seeking health insurance might accept lower rates in exchange for added security. Negotiating compensation in Woodbury's market entails understanding local dynamics and leveraging skills to advocate for a better hourly agreement, especially in a landscape reshaped by post-2024 commission restructure initiatives.
More salary data for Woodbury, 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 Woodbury. 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 Woodbury 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