Real Estate Agent Salary in Florence, KY: $47,449 (2026)
Quick Answer:A full-time real estate agent in Florence, KY earns a median $47,449/year (≈ $22.82/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Florence's price level (11% below national, BEA RPP 89.3), that paycheck buys what $53,134 would nationally. Nominal pay sits 0.9% below the Kentucky state average.
Based on BLS state-level estimates · View source
In the wake of the post-2024 NAR settlement that reshaped commission structures, the real estate agent salary in Florence, KY is projected to reach a median of $47,449 in 2026. This figure sits below the national average of $53,622, illustrating the market's challenges. Local estimates indicate a salary range spanning from $30,437 at the 10th percentile to $73,546 at the 90th percentile, highlighting significant earning potential based on experience and clientele. These estimates, derived from 2025 BLS OEWS data projected to 2026, reflect the complexity of the marketplace in Florence, where local agents navigate a competitive atmosphere within a fluctuating commission landscape.
About the Florence Market
Salary estimated from Kentucky average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,437 | $14.64 |
| Lower Range (P25) | $36,086 | $17.35 |
| Median (P50)(typical) | $47,449 | $22.82 |
| Upper Range (P75) | $60,735 | $29.20 |
| Top Earners (P90) | $73,546 | $35.36 |
Median Salary Position
11.51% below the national average
2026 Salary Percentile Distribution in Florence
In Florence, KY, the real estate agent salary spread from the 10th to 90th percentile is $43,109 (2026 est.). At $47,449, the local median is 11.51% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Florence: You'd be in the lower-middle range
How Florence Real Estate Agent Pay Compares
Florence median: $47,449/year (2026)
| Compared To | Median Salary | Florence Pays |
|---|---|---|
| Kentucky Average | $47,880 | -0.90% less |
| National Average | $53,622 | -11.51% less |
Real Estate Agents in Florence, KY earn a median of $47,449 per year (2026 est.), which is 11.51% lower than the national median of $53,622 and 0.90% below the Kentucky state average of $47,880.
Cost-of-Living Adjusted Salary
Florence has a cost of living 10.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Florence, KY has a cost-of-living index of 89.3 (below the national average of 100). A real estate agent earning $47,449 nominally has purchasing power equivalent to $53,134 in an average-cost city — an effective 11.98% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$43,297
2025 BLS Actual
$46,748
2026 Current Est.
$47,449
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Florence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,297 | Actual |
| 2020 | $43,394 | Actual |
| 2021 | $42,775 | Actual |
| 2022 | $44,226 | Actual |
| 2023 | $48,049 | Actual |
| 2024 | $46,014 | Actual |
| 2025 | $46,748 | Actual |
| 2026(current) | $47,449 | Estimated |
| 2027 | $48,161 | Projected |
Based on 7 years of BLS OEWS data for the Florence metropolitan area, the median real estate agent salary grew 8.0% from $43,297 (2019) to $46,748 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,161 by 2027 — a total increase of $4,864 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Florence 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) | $30,437 – $36,086 |
| 3-5 years (Mid Career) | $36,086 – $47,449 |
| 5+ years (Experienced) | $47,449 – $60,735 |
| 10+ years (Top Earner) | $60,735 – $73,546 |
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 Florence
Currently employing only seven real estate agents, the Florence job market can appear limited, yet it presents unique opportunities for those adept at capitalizing on local conditions. With a cost-of-living index of 89.3, professionals here enjoy relatively lower living expenses, enhancing their purchasing power despite the moderate salaries. Agencies like Keller Williams and Berkshire Hathaway often offer more competitive compensation structures, while local independent brokerages may struggle to match these wages. The disparities in earnings are influenced by factors such as transaction volume, commission splits with brokerages, and team structures, as agents must evaluate whether to operate solo or join a team for higher earning potential. Agents who can specialize, particularly in luxury or commercial transactions, tend to see higher financial rewards. Understanding these dynamics is key for anyone considering how much do real estate agents make in Florence, aligning their strategies with market realities to maximize their pay.
More salary data for Florence, KY:
Frequently Asked Questions
How much do real estate agents make in Florence, KY in 2026?
Is Florence, KY a good place to work as a real estate agent?
Can real estate agents make $100K in Florence?
What is the cost-of-living adjusted real estate agent salary in Florence?
How much does a real estate agent make per hour in Florence?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Kentucky
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 $46,748 for real estate agentsin the Florence 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 Florence 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