Real Estate Agent Salary in Downers Grove, IL: $44,477 (2026)
Quick Answer:A full-time real estate agent in Downers Grove, IL earns a median $44,477/year (≈ $21.39/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Downers Grove's price level (3% below national, BEA RPP 97.1), that paycheck buys what $45,805 would nationally. Nominal pay sits 4.6% below the Illinois state average.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Downers Grove, Illinois, can expect a median annual salary of $44,477. This figure falls below the national median of $53,622, revealing a roughly 17% pay gap that reflects local market conditions. Salaries in the area range from $29,411 at the 10th percentile to as much as $68,940 at the 90th percentile, indicating a significant disparity in earnings based on individual circumstances. Factors affecting pay include whether agents operate as part of a team, independently, or focus on commercial real estate, with team members often benefiting from higher overall earnings due to shared resources and leads. These salary estimates are derived from BLS state-level data, adjusted for local economic conditions, emphasizing the unique compensation structure found in Downers Grove.
About the Downers Grove Market
Salary estimated from Illinois average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,411 | $14.14 |
| Lower Range (P25) | $34,477 | $16.57 |
| Median (P50)(typical) | $44,477 | $21.39 |
| Upper Range (P75) | $56,931 | $27.37 |
| Top Earners (P90) | $68,940 | $33.14 |
Median Salary Position
17.05% below the national average
2026 Salary Percentile Distribution in Downers Grove
In Downers Grove, IL, the real estate agent salary spread from the 10th to 90th percentile is $39,529 (2026 est.). At $44,477, the local median is 17.05% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Downers Grove: You'd be in the lower-middle range
How Downers Grove Real Estate Agent Pay Compares
Downers Grove median: $44,477/year (2026)
| Compared To | Median Salary | Downers Grove Pays |
|---|---|---|
| Illinois Average | $46,622 | -4.60% less |
| National Average | $53,622 | -17.05% less |
Real Estate Agents in Downers Grove, IL earn a median of $44,477 per year (2026 est.), which is 17.05% lower than the national median of $53,622 and 4.60% below the Illinois state average of $46,622.
Cost-of-Living Adjusted Salary
Downers Grove has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Downers Grove, IL has a cost-of-living index of 97.1 (below the national average of 100). A real estate agent earning $44,477 nominally has purchasing power equivalent to $45,805 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$40,585
2025 BLS Actual
$43,820
2026 Current Est.
$44,477
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Downers Grove (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $40,585 | Actual |
| 2020 | $40,676 | Actual |
| 2021 | $40,096 | Actual |
| 2022 | $41,456 | Actual |
| 2023 | $45,039 | Actual |
| 2024 | $62,994 | Actual |
| 2025 | $43,820 | Actual |
| 2026(current) | $44,477 | Estimated |
| 2027 | $45,144 | Projected |
Based on 7 years of BLS OEWS data for the Downers Grove metropolitan area, the median real estate agent salary grew 8.0% from $40,585 (2019) to $43,820 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $45,144 by 2027 — a total increase of $4,559 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Downers Grove 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) | $29,411 – $34,477 |
| 3-5 years (Mid Career) | $34,477 – $44,477 |
| 5+ years (Experienced) | $44,477 – $56,931 |
| 10+ years (Top Earner) | $56,931 – $68,940 |
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 Downers Grove
The local job market for real estate agents is relatively small, with only 11 agents currently employed in Downers Grove. When considering the cost of living index for the area, which is at 97.1—slightly below the national average—the purchasing power of real estate agents’ salaries can vary significantly. Those looking to maximize their earnings in this market should consider joining established brokerages, especially national franchises like Keller Williams or Coldwell Banker, which tend to pay higher commissions compared to local independent firms. The wide salary range reflects differences in transaction volume, price points of properties, commission splits with brokerages, and the shift to a more fee-based model following the 2024 NAR settlement, which may reshape compensation structures. Adopting strategies such as focusing on luxury properties or specializing in high-demand neighborhoods can also enhance income potential in Downers Grove, IL.
More salary data for Downers Grove, IL:
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
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 $43,820 for real estate agentsin the Downers Grove 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 Downers Grove 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