Real Estate Agent Pay

Real Estate Agent Salary in Melbourne, FL: $82,295 (2026)

Quick Answer:A full-time real estate agent in Melbourne, FL earns a median $82,295/year (≈ $39.56/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Melbourne's price level (1% above national, BEA RPP 100.8), that paycheck buys what $81,642 would nationally. Nominal pay sits 72.2% above the Florida state average.

$82,295
Median Annual Salary
$39.56/hr
Median Hourly Rate
$51,406
Entry Level (P10)
$127,557
Top Earners (P90)

Based on BLS state-level estimates · View source

Real Estate Agent Salary in Melbourne, FL — 2026 est., based on 2025 BLS
Melbourne, FL real estate agent salary overview (2026 est., based on 2025 BLS)

In 2026, the projected real estate agent salary in Melbourne, Florida, stands at $82,295, significantly higher than the national median of $53,622, reflecting regional market dynamics and performance. This salary range varies widely, with entry-level agents earning approximately $51,406 and top earners reaching as much as $127,557. Local estimates, based on 2025 BLS data and adjusted for regional price parity, indicate robust earning potential for real estate professionals in the area. The consistent transaction volume and rising average sale prices contribute to driving effective compensation hourly, making Melbourne a competitive market for aspiring agents.

About the Melbourne Market

Salary estimated from Florida average ($62,000) adjusted for local cost of living.

Salary Breakdown

PercentileAnnualHourly
Entry Level (P10)$51,406$24.72
Lower Range (P25)$61,791$29.71
Median (P50)(typical)$82,295$39.56
Upper Range (P75)$105,338$50.64
Top Earners (P90)$127,557$61.33

Median Salary Position

$51,406$127,557
City Median: $82,295
National: $53,622
P10–P90 Range

53.47% above the national average

2026 Salary Percentile Distribution in Melbourne

Vertical bar chart of 10th through 90th percentile salaries for real estate agents in Melbourne. The median salary is $82,295, compared to the national median of $53,622.$46.3K$68.2K$90.1K$112.0K$133.9K$51.4K10th Pctl$61.8K25th Pctl$82.3KMedian$105.3K75th Pctl$127.6K90th PctlUS Median$53.6K

In Melbourne, FL, the real estate agent salary spread from the 10th to 90th percentile is $76,151 (2026 est.). At $82,295, the local median is 53.47% above the national median of $53,622.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of real estate agent pay in the Melbourne metro area.

Salary Calculator

8 hrs (1 day)24 hrs (3 days)40 hrs (full-time)
$1,583
per week
$6,858
per month
$82,295
per year

At 40 hours/week in Melbourne: You'd be in the lower-middle range

How Melbourne Real Estate Agent Pay Compares

Melbourne median: $82,295/year (2026)

Compared ToMedian SalaryMelbourne Pays
Florida Average$47,790+72.20% more
National Average$53,622+53.47% more
Horizontal bar chart comparing real estate agent median salary in Melbourne ($82,295) with Florida average ($47,790) and the US national median ($53,622).Melbourne$82,295Florida Avg$47,790+72.20%US National$53,622+53.47%

Real Estate Agents in Melbourne, FL earn a median of $82,295 per year (2026 est.), which is 53.47% higher than the national median of $53,622 and 72.20% above the Florida state average of $47,790.

Cost-of-Living Adjusted Salary

$82,295
Nominal Salary
100.8
CoL Index
$81,642
Adjusted Salary

Melbourne has a cost of living 0.80% above the national average.

Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.

The nominal salary is $82,295. After adjusting for a cost-of-living index of 100.8, the purchasing-power equivalent is $81,642, a loss of $653.$45.6K$57.8K$70.1K$82.4K$94.6K$82,295NominalSalary$81,642CoL Adjusted(CoL: 100.8) -0.79%US Median $53.6K

Melbourne, FL has a cost-of-living index of 100.8 (above the national average of 100). While the nominal salary of $82,295 is competitive, the higher cost of living reduces purchasing power to an effective $81,642 — a 0.79% reduction.

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2019 BLS Actual

$75,094

2025 BLS Actual

$81,079

2026 Current Est.

$82,295

2019–2027 Growth

+11.2%

Salary Trajectory for Real Estate Agents in Melbourne (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.

BLS Actual Estimated Projected
Salary trajectory chart for real estate agents in Melbourne. Baseline $75,094 in 2025, projected to $83,530 by 2027.$59.3K$66.3K$73.4K$80.5K$87.6K2019202020212022202320242025202620272025 BLS$75.1K$75.3K$74.2K$76.7K$83.3K$63.3K$81.1K$82.3K$83.5K
YearAnnual SalaryStatus
2019$75,094Actual
2020$75,262Actual
2021$74,188Actual
2022$76,705Actual
2023$83,335Actual
2024$63,299Actual
2025$81,079Actual
2026(current)$82,295Estimated
2027$83,530Projected

Based on 7 years of BLS OEWS data for the Melbourne metropolitan area, the median real estate agent salary grew 8.0% from $75,094 (2019) to $81,079 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $83,530 by 2027 — a total increase of $8,436 (11.23%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the Melbourne metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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

ExperienceEstimated Salary Range
0-2 years (New Graduate)$51,406$61,791
3-5 years (Mid Career)$61,791$82,295
5+ years (Experienced)$82,295$105,338
10+ years (Top Earner)$105,338$127,557

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 Melbourne

With only 12 real estate agents employed in Melbourne, the job market reveals a tightly-knit community, though the cost-of-living index of 100.8 suggests a slightly above-average financial environment for residents. This influences take-home purchasing power and salary expectations. Employing firms that tend to offer the highest compensation include national franchise brokerages like Keller Williams and Coldwell Banker, alongside local independent brokerages focusing on high-value listings. The disparity between lower and higher pay can be attributed to factors such as transaction volume, commission structures, and whether agents are part of teams or work independently. Given the anticipated changes following the 2024 NAR settlement, agents who refine their specialization—whether in luxury, commercial, or conventional residential markets—will likely enhance their earnings potential. Adopting effective strategies that utilize referral networks and mastery of local market trends will be essential for maximizing real estate agent pay in Melbourne FL.

Frequently Asked Questions

How much do real estate agents make in Melbourne, FL in 2026?

The estimated 2026 median real estate agent salary in Melbourne is $82,295/year ($39.56/hour), based on estimated 2026 salary (projected from 2025 BLS data at 1.50% annual growth). Salaries range from $51,406 at entry level (10th percentile) to $127,557 for experienced top earners (90th percentile). This puts Melbourne at 53.5% above the national median. Full-time real estate agents typically work 2,080 hours per year, though many positions offer part-time schedules with flexible hours across multiple practices.

Is Melbourne, FL a good place to work as a real estate agent?

Melbourne real estate agent salaries are 53.5% above the national average and 72.2% above the Florida state average. The metro area employs approximately 12 real estate agents. With a cost-of-living index of 100.8, you should factor in higher living costs when evaluating compensation. Job availability depends on population density, the number of practices, and retirement turnover in the area.

Can real estate agents make $100K in Melbourne?

The median real estate agent salary in Melbourne is $82,295, and the 90th percentile earns $127,557. Reaching $100K in this market typically requires a combination of advanced certifications, working at multiple practices, or transitioning into education or consulting roles.

What is the cost-of-living adjusted real estate agent salary in Melbourne?

After adjusting for Melbourne's cost-of-living index of 100.8 (where 100 equals the national average), the $82,295 nominal salary has purchasing power equivalent to $81,642 in an average-cost city. This means living costs in Melbourne reduce the effective value of your salary by 0.8% compared to the national average — consider negotiating higher base pay or exploring nearby lower-cost metros.

How much does a real estate agent make per hour in Melbourne?

Real Estate Agents in Melbourne earn a median hourly rate of $39.56, which translates to approximately $82,295/year for full-time work (40 hours/week, 2,080 hours/year). Hourly rates range from $24.72 for entry-level positions to $61.33 for the most experienced practitioners. Part-time and per diem real estate agents sometimes command premium hourly rates because practices need flexible scheduling coverage.

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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.

Clinically reviewed by David Chen, REALTOR®Data verified by Fatima Ali, REALTOR®

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 $81,079 for real estate agentsin the Melbourne 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 Melbourne is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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