Real Estate Agent Hourly Pay in Edison, NJ: $29.30 (2026)
Quick Answer:Hourly pay for a real estate agent working in Edison, NJ runs $29.30 at the median for 2026 — annualizing to $60,951 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Edison's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $25.44 nationally would. A 24-hour part-time schedule grosses $36,570 per year.
Based on BLS state-level estimates · View source
Edison, NJ's real estate agent hourly pay is projected to be $29.30 in 2026, significantly higher than the national median of $25.78 per hour. This enhanced compensation reflects the rigorous demands of the profession and provides an opportunity for part-time agents working three days a week, enabling them to maintain a flexible schedule while earning a competitive wage. In this dynamic environment, agents often work in various settings, from brokerage offices to client property tours and closing tables, allowing for diverse working conditions. The hourly earnings range from $18.12 for entry-level positions to around $45.42 for the most experienced agents. Given the commission-based nature of the industry, these rates are estimated values derived from annual salary data, and agents must navigate their unique career paths to maximize their income potential.
About the Edison Market
Salary estimated from New Jersey average ($82,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.12 | $144.94 |
| Lower Range (P25) | $21.92 | $175.39 |
| Median (P50) | $29.30 | $234.42 |
| Upper Range (P75) | $37.50 | $300.03 |
| Top Earners (P90) | $45.42 | $363.37 |
Estimated Annual Income by Work Schedule in Edison
Based on $29.30/hr median hourly rate · 2026 est.
At $29.30/hr, a real estate agent working full-time (40 hr/wk) in Edison, NJ can expect to earn approximately $60,950 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $35,164. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Edison.
Hourly Rate Calculator
Schedule Comparison in Edison
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,172.12 | $5,079 | $60,950 |
| Part-Time (24 hrs) | $703.27 | $3,048 | $36,570 |
| Per Diem (16 hrs) | $468.85 | $2,032 | $24,380 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Edison) | $29.30 |
| 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 Edison, NJ earn a median of $60,951 per year (2026 est.), which is 13.67% higher than the national median of $53,622 and 1.30% below the New Jersey state average of $61,754.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $29.30/hr = $36,570/year (purchasing power: $31,745).
Working 40h/week (full-time) = $60,950/year (purchasing power: $52,908).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$26.74/hr
2025 BLS Actual
$28.87/hr
2026 Current Est.
$29.30/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Edison (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.74/hr | Actual |
| 2020 | $26.80/hr | Actual |
| 2021 | $26.42/hr | Actual |
| 2022 | $27.31/hr | Actual |
| 2023 | $29.67/hr | Actual |
| 2024 | $44.81/hr | Actual |
| 2025 | $28.87/hr | Actual |
| 2026(current) | $29.30/hr | Estimated |
| 2027 | $29.74/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Edison grew 8.0% from $26.74/hr (2019) to $28.87/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $29.74/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 Edison 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 Edison
For agents considering part-time work, a typical 24-hour work week could yield an annual income of roughly $36,672, which starkly contrasts with the earnings of full-time professionals. The per diem real estate agent pay in Edison is uncommon, as the industry primarily follows a commission-based structure. Top producers can command hourly rates between $100 and $300, while newer agents often find their effective hourly wages fall below minimum wage due to unpaid prospecting hours. Different brokerage types in Edison offer varying compensation structures: national franchises may provide more stable salaries but often at the cost of lower hourly rates compared to independent or luxury-focused firms. Additionally, some agents opt for lower hourly earnings in exchange for health benefits, emphasizing the trade-offs present in the sector. To remain competitive, hourly real estate agents should negotiate effectively, considering the local market and their unique contributions to the brokerage or team they align with.
More salary data for Edison, NJ:
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 Edison. 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 Edison 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