Real Estate Agent Salary in Madisonville, KY: $45,618 (2026)
Quick Answer:A full-time real estate agent in Madisonville, KY earns a median $45,618/year (≈ $21.93/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Madisonville's price level (11% below national, BEA RPP 89.3), that paycheck buys what $51,084 would nationally. Nominal pay sits 4.7% below the Kentucky state average.
Based on BLS state-level estimates · View source
In Madisonville, Kentucky, real estate agents are projected to earn a median annual salary of $45,618 in 2026, which reflects a notable 14.93% lower than the national median of $53,622 for that year. Salaries vary widely, with entry-level agents at the 10th percentile earning around $29,569, while those at the 90th percentile can achieve up to $70,708. These numbers stem from estimates based on 2025 BLS data and regional cost adjustments, considering local transaction volumes and average home prices. Given the relatively low cost of living in Madisonville, which has a cost-of-living index of 89.3, agents may experience fluctuations in their effective hourly compensation, heavily influenced by the dynamics of the local real estate market.
About the Madisonville Market
Salary estimated from Kentucky average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,569 | $14.22 |
| Lower Range (P25) | $34,786 | $16.73 |
| Median (P50)(typical) | $45,618 | $21.93 |
| Upper Range (P75) | $58,391 | $28.07 |
| Top Earners (P90) | $70,708 | $33.99 |
Median Salary Position
14.93% below the national average
2026 Salary Percentile Distribution in Madisonville
In Madisonville, KY, the real estate agent salary spread from the 10th to 90th percentile is $41,139 (2026 est.). At $45,618, the local median is 14.93% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Madisonville: You'd be in the lower-middle range
How Madisonville Real Estate Agent Pay Compares
Madisonville median: $45,618/year (2026)
| Compared To | Median Salary | Madisonville Pays |
|---|---|---|
| Kentucky Average | $47,868 | -4.70% less |
| National Average | $53,622 | -14.93% less |
Real Estate Agents in Madisonville, KY earn a median of $45,618 per year (2026 est.), which is 14.93% lower than the national median of $53,622 and 4.70% below the Kentucky state average of $47,868.
Cost-of-Living Adjusted Salary
Madisonville 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.
Madisonville, KY has a cost-of-living index of 89.3 (below the national average of 100). A real estate agent earning $45,618 nominally has purchasing power equivalent to $51,084 in an average-cost city — an effective 11.98% boost.
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2019 BLS Actual
$41,626
2025 BLS Actual
$44,944
2026 Current Est.
$45,618
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Madisonville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $41,626 | Actual |
| 2020 | $41,720 | Actual |
| 2021 | $41,124 | Actual |
| 2022 | $42,519 | Actual |
| 2023 | $46,195 | Actual |
| 2024 | $44,238 | Actual |
| 2025 | $44,944 | Actual |
| 2026(current) | $45,618 | Estimated |
| 2027 | $46,302 | Projected |
Based on 7 years of BLS OEWS data for the Madisonville metropolitan area, the median real estate agent salary grew 8.0% from $41,626 (2019) to $44,944 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $46,302 by 2027 — a total increase of $4,676 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Madisonville 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) | $29,569 – $34,786 |
| 3-5 years (Mid Career) | $34,786 – $45,618 |
| 5+ years (Experienced) | $45,618 – $58,391 |
| 10+ years (Top Earner) | $58,391 – $70,708 |
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 Madisonville
With only five real estate agents currently employed in Madisonville, the job market for this profession is quite niche. The local economy, alongside the favorable cost of living, allows agents to maximize their take-home pay but also presents challenges due to the competitive nature of sales. While national franchise brokerages often lead in pay structures, local independent firms may offer unique commission models, including team-based operations that can enhance income potential through collaborative efforts. The variation between low and high salaries reflects transaction volumes, commission splits, and the potential for specialty markets, such as luxury or commercial real estate. Agents aiming to optimize their earnings should focus on building a strong referral network and refining their specialties, especially given the new realities imposed by the post-2024 NAR commission settlement which could reshape earning dynamics in Madisonville, KY.
More salary data for Madisonville, KY:
Frequently Asked Questions
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Can real estate agents make $100K in Madisonville?
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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 $44,944 for real estate agentsin the Madisonville 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 Madisonville 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