Real Estate Agent Hourly Pay in Providence, RI: $28.58 (2026)
Quick Answer:Hourly pay for a real estate agent working in Providence, RI runs $28.58 at the median for 2026 — annualizing to $59,459 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Providence's regional price level (BEA RPP 101.8, 2% above national), each hour of work buys what $28.08 nationally would. A 24-hour part-time schedule grosses $35,671 per year.
Official BLS data · View source
In Providence, Rhode Island, the projected median hourly pay for real estate agents is $28.58, which significantly exceeds the national median hourly rate of $25.78. This favorable rate allows for varying work arrangements, including part-time roles, where agents working three days a week can utilize their time effectively for property tours, listing presentations, and meetings at closing tables. For entry-level professionals starting their careers, hourly wages range from $19.58 to $28.58, while top earners may achieve rates up to $58.60, according to estimates based on 2025 BLS data, projected to 2026. The flexibility of real estate work, often conducted from brokerage offices or remotely, provides agents the opportunity to adapt their schedules and earnings based on their commitments and client needs.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $19.58 | $156.63 |
| Lower Range (P25) | $23.42 | $187.33 |
| Median (P50) | $28.58 | $228.66 |
| Upper Range (P75) | $35.28 | $282.25 |
| Top Earners (P90) | $58.60 | $468.77 |
Estimated Annual Income by Work Schedule in Providence
Based on $28.58/hr median hourly rate · 2026 est.
At $28.58/hr, a real estate agent working full-time (40 hr/wk) in Providence, RI can expect to earn approximately $59,451 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,299. With a cost-of-living index of 101.77 (above the national average), these earnings may be offset by higher expenses in Providence.
Hourly Rate Calculator
Schedule Comparison in Providence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,143.30 | $4,954 | $59,451 |
| Part-Time (24 hrs) | $685.98 | $2,973 | $35,671 |
| Per Diem (16 hrs) | $457.32 | $1,982 | $23,781 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Providence) | $28.58 |
| 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 Providence, RI earn a median of $59,459 per year (2026 est.), which is 10.89% higher than the national median of $53,622 and 10.30% above the Rhode Island state average of $53,906.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $28.58/hr = $35,671/year (purchasing power: $35,049).
Working 40h/week (full-time) = $59,451/year (purchasing power: $58,416).
CoL index: 101.773 (100 = national average).
2019 BLS Actual
$26.83/hr
2025 BLS Actual
$28.16/hr
2026 Current Est.
$28.58/hr
2019–2027 Growth
+8.1%
Hourly Rate Trajectory for Real Estate Agents in Providence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.83/hr | Actual |
| 2020 | $24.47/hr | Actual |
| 2021 | $23.10/hr | Actual |
| 2022 | $25.00/hr | Actual |
| 2023 | $23.98/hr | Actual |
| 2024 | $28.10/hr | Actual |
| 2025 | $28.16/hr | Actual |
| 2026(current) | $28.58/hr | Estimated |
| 2027 | $29.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Providence grew 5.0% from $26.83/hr (2019) to $28.16/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $29.01/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 Providence 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 Providence
Examining part-time earning potential reveals that a real estate agent working three days a week for 24 hours may take home a manageable income compared to their full-time counterparts. However, the dynamic nature of the industry, traditionally commission-based with 1099 contractor models, means many agents also face periods of unpaid prospecting. New agents in their first couple of years may see hourly rates equivalent to or below minimum wage due to these factors. Different types of employers, from national franchises like Keller Williams and RE/MAX to luxury specialty firms and independent brokerages, also influence hourly pay structure. Many agents find themselves making decisions between lower hourly wages with benefits versus higher rates that come without security. Negotiation skills can be crucial in this context, as understanding how to discuss compensation openly can significantly impact a real estate agent's standard of living in Providence, RI.
More salary data for Providence, RI:
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 Providence. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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