Real Estate Agent Hourly Pay in Hoboken, NJ: $28.78 (2026)
Quick Answer:Hourly pay for a real estate agent working in Hoboken, NJ runs $28.78 at the median for 2026 — annualizing to $59,852 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Hoboken's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $24.98 nationally would. A 24-hour part-time schedule grosses $35,912 per year.
Based on BLS state-level estimates · View source
In 2026, the median hourly pay for real estate agents in Hoboken, NJ, is projected to be $28.78, surpassing the national median of $25.78. This hourly rate provides a significant opportunity for both full-time and part-time agents, especially those choosing to work three days a week. A part-time agent could expect to earn a considerable income through a mix of property showings, listing presentations, and closing transactions, making this profession appealing for those seeking flexible work schedules. The range for hourly pay extends from $17.37 for new agents starting in the field to as much as $44.60 for more experienced professionals. Given that these figures are derived from annual salary estimations, they reflect the varying levels of expertise, experience, and success that agents can achieve in the competitive Hoboken market.
About the Hoboken 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) | $17.37 | $138.93 |
| Lower Range (P25) | $21.17 | $169.38 |
| Median (P50) | $28.78 | $230.20 |
| Upper Range (P75) | $36.83 | $294.67 |
| Top Earners (P90) | $44.60 | $356.79 |
Estimated Annual Income by Work Schedule in Hoboken
Based on $28.78/hr median hourly rate · 2026 est.
At $28.78/hr, a real estate agent working full-time (40 hr/wk) in Hoboken, NJ can expect to earn approximately $59,853 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,530. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Hoboken.
Hourly Rate Calculator
Schedule Comparison in Hoboken
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,151.01 | $4,988 | $59,853 |
| Part-Time (24 hrs) | $690.61 | $2,993 | $35,912 |
| Per Diem (16 hrs) | $460.40 | $1,995 | $23,941 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Hoboken) | $28.78 |
| 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 Hoboken, NJ earn a median of $59,852 per year (2026 est.), which is 11.62% higher than the national median of $53,622 and 3.10% below the New Jersey state average of $61,766.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $28.78/hr = $35,912/year (purchasing power: $31,173).
Working 40h/week (full-time) = $59,853/year (purchasing power: $51,955).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$26.26/hr
2025 BLS Actual
$28.35/hr
2026 Current Est.
$28.78/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Hoboken (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.26/hr | Actual |
| 2020 | $26.32/hr | Actual |
| 2021 | $25.94/hr | Actual |
| 2022 | $26.82/hr | Actual |
| 2023 | $29.14/hr | Actual |
| 2024 | $44.00/hr | Actual |
| 2025 | $28.35/hr | Actual |
| 2026(current) | $28.78/hr | Estimated |
| 2027 | $29.21/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Hoboken grew 8.0% from $26.26/hr (2019) to $28.35/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $29.21/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 Hoboken 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 Hoboken
While the hourly income in this sector offers an attractive earning potential, real estate agents operating part-time may find their financial outcomes differ significantly from full-timers. For a three-day workweek, the annual take-home for an agent working 24 hours per week is much lower than that of a full-time colleague, typically translating to around $44,000 or less per year. Many real estate roles are commission-based, meaning that agents often function as independent contractors with 1099 status, which can complicate earnings even further. While experienced agents can command impressive hourly rates upwards of $100 or more, those new to the field often face a harsh reality where unpaid hours spent prospecting may leave their effective hourly wage below minimum standards. Different types of brokerages, including national franchises and independent firms, can further influence earnings, as agents may choose between higher hourly pay without benefits or lower pay with health insurance. Understanding how to negotiate effectively within the Hoboken market is essential for maximizing earning potential, especially after recent changes in commission structures following the 2024 NAR settlement.
More salary data for Hoboken, NJ:
Frequently Asked Questions
What is the hourly rate for real estate agents in Hoboken in 2026?
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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 Hoboken. 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 Hoboken 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