Real Estate Agent Salary in Lake Elsinore, CA: $62,636 (2026)
Quick Answer:A full-time real estate agent in Lake Elsinore, CA earns a median $62,636/year (≈ $30.12/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Lake Elsinore's price level (13% above national, BEA RPP 113.1), that paycheck buys what $55,381 would nationally. Nominal pay sits 0.3% below the California state average.
Based on BLS state-level estimates · View source
In 2026, the estimated annual salary for real estate agents in Lake Elsinore, California, reaches $62,636, reflecting a significant increase compared to the national median of $53,622, positioning agents in this city approximately 16.81% higher than the national standard. With a salary range that spans from $37,514 at the 10th percentile to $97,086 at the 90th, agents in Lake Elsinore have a diverse earning potential that depends largely on their experience, transaction volume, and clientele. Data derived from 2025 BLS state-level projections and regional cost adjustments suggest that the changing commission structure following the 2024 NAR settlement has had notable effects on local compensation, re-shaping the financial dynamics of real estate sales in this growing market.
About the Lake Elsinore Market
Salary estimated from California average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,514 | $18.04 |
| Lower Range (P25) | $45,821 | $22.03 |
| Median (P50)(typical) | $62,636 | $30.12 |
| Upper Range (P75) | $80,174 | $38.55 |
| Top Earners (P90) | $97,086 | $46.68 |
Median Salary Position
16.81% above the national average
2026 Salary Percentile Distribution in Lake Elsinore
In Lake Elsinore, CA, the real estate agent salary spread from the 10th to 90th percentile is $59,572 (2026 est.). At $62,636, the local median is 16.81% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Lake Elsinore: You'd be in the lower-middle range
How Lake Elsinore Real Estate Agent Pay Compares
Lake Elsinore median: $62,636/year (2026)
| Compared To | Median Salary | Lake Elsinore Pays |
|---|---|---|
| California Average | $62,824 | -0.30% less |
| National Average | $53,622 | +16.81% more |
Real Estate Agents in Lake Elsinore, CA earn a median of $62,636 per year (2026 est.), which is 16.81% higher than the national median of $53,622 and 0.30% below the California state average of $62,824.
Cost-of-Living Adjusted Salary
Lake Elsinore has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lake Elsinore, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $62,636 is competitive, the higher cost of living reduces purchasing power to an effective $55,381 — a 11.58% reduction.
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2019 BLS Actual
$57,154
2025 BLS Actual
$61,710
2026 Current Est.
$62,636
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Lake Elsinore (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $57,154 | Actual |
| 2020 | $57,283 | Actual |
| 2021 | $56,465 | Actual |
| 2022 | $58,381 | Actual |
| 2023 | $63,427 | Actual |
| 2024 | $103,733 | Actual |
| 2025 | $61,710 | Actual |
| 2026(current) | $62,636 | Estimated |
| 2027 | $63,575 | Projected |
Based on 7 years of BLS OEWS data for the Lake Elsinore metropolitan area, the median real estate agent salary grew 8.0% from $57,154 (2019) to $61,710 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $63,575 by 2027 — a total increase of $6,421 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake Elsinore 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $37,514 – $45,821 |
| 3-5 years (Mid Career) | $45,821 – $62,636 |
| 5+ years (Experienced) | $62,636 – $80,174 |
| 10+ years (Top Earner) | $80,174 – $97,086 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Lake Elsinore
Analyzing the local job market, Lake Elsinore employs just 18 real estate agents, highlighting a niche yet competitive environment. The cost-of-living index stands at 113.1, indicating that while salaries may be above the national median, the purchasing power in Lake Elsinore reflects a more expensive living situation. Among various employers, national franchise brokerages like Keller Williams and RE/MAX typically offer higher salaries than smaller, local independent firms. The range in compensation can be attributed to factors such as transaction volume, commission splits varying from 50/50 to 100% with desk fees, and membership in teams, which can further influence earnings. For agents aiming to maximize their pay, specializing in high-value markets, cultivating a robust referral network, and adapting to the evolving commission structures are critical strategies for thriving amidst the changes in the real estate landscape in Lake Elsinore, CA.
More salary data for Lake Elsinore, CA:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $61,710 for real estate agentsin the Lake Elsinore metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Lake Elsinore 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