Real Estate Agent Hourly Pay in Cleveland, TN: $22.16 (2026)
Quick Answer:Hourly pay for a real estate agent working in Cleveland, TN runs $22.16 at the median for 2026 — annualizing to $46,088 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Cleveland's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $24.14 nationally would. A 24-hour part-time schedule grosses $27,652 per year.
Based on BLS state-level estimates · View source
In Cleveland, Tennessee, the projected median hourly pay for real estate agents is $22.16, which is notably lower than the national median hourly rate of $25.78. This lower hourly rate reflects the dynamics of the local market, making it essential for agents working part-time, perhaps three days a week, to budget their income carefully. A part-time agent could expect to earn around $26,000 annually if they work roughly 24 hours each week, which can be adequate if supplemented by commissions. The hourly range for agents in Cleveland runs from approximately $14.82 for entry-level positions to $34.35 for high earners, highlighting the broad spectrum of earning potential available in this profession. These estimates, based on annual salary data, underscore the reality that real estate work often involves various settings, including client property showings, brokerage offices, and remote work environments.
About the Cleveland Market
Salary estimated from Tennessee average ($58,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.82 | $118.55 |
| Lower Range (P25) | $17.32 | $138.53 |
| Median (P50) | $22.16 | $177.26 |
| Upper Range (P75) | $28.36 | $226.87 |
| Top Earners (P90) | $34.35 | $274.78 |
Estimated Annual Income by Work Schedule in Cleveland
Based on $22.16/hr median hourly rate · 2026 est.
At $22.16/hr, a real estate agent working full-time (40 hr/wk) in Cleveland, TN can expect to earn approximately $46,087 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,589. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Cleveland.
Hourly Rate Calculator
Schedule Comparison in Cleveland
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $886.30 | $3,841 | $46,087 |
| Part-Time (24 hrs) | $531.78 | $2,304 | $27,652 |
| Per Diem (16 hrs) | $354.52 | $1,536 | $18,435 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Cleveland) | $22.16 |
| 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 Cleveland, TN earn a median of $46,088 per year (2026 est.), which is 14.05% lower than the national median of $53,622 and 2.30% below the Tennessee state average of $47,173.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.16/hr = $27,652/year (purchasing power: $30,123).
Working 40h/week (full-time) = $46,087/year (purchasing power: $50,204).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.22/hr
2025 BLS Actual
$21.83/hr
2026 Current Est.
$22.16/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Cleveland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.22/hr | Actual |
| 2020 | $20.26/hr | Actual |
| 2021 | $13.94/hr | Actual |
| 2022 | $20.65/hr | Actual |
| 2023 | $18.12/hr | Actual |
| 2024 | $18.02/hr | Actual |
| 2025 | $21.83/hr | Actual |
| 2026(current) | $22.16/hr | Estimated |
| 2027 | $22.49/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Cleveland grew 8.0% from $20.22/hr (2019) to $21.83/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.49/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 Cleveland 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 Cleveland
As the industry increasingly shifts to a commission-based structure, the earning capacities of real estate agents in Cleveland, TN, can vary significantly when considering part-time versus full-time commitments. For those working part-time, annual earnings may substantially trail those of full-time counterparts engaged in rigorous hourly work and more frequent transactions. Per diem real estate agent pay in Cleveland is uncommon, given the predominantly commission-driven nature of the role, and top producers can earn an equivalent of $100 to $300 per hour during peak periods. It's common for new agents in their first couple of years to find themselves earning below minimum wage when factoring in unpaid prospecting time. The type of brokerage one chooses—be it a national franchise like Keller Williams or a local independent firm—can also impact hourly compensation. Ultimately, agents face trade-offs in hourly rates versus benefits; those opting for higher pay may forgo essential health insurance. Each agent must assess their circumstances, considering practical negotiation tactics and the local market's specifics to ensure their hourly earnings align with their market goals.
More salary data for Cleveland, TN:
Frequently Asked Questions
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Related Pages
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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 Cleveland. 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 Cleveland 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