Real Estate Agent Salary in Monroe, LA: $47,228 (2026)
Quick Answer:A full-time real estate agent in Monroe, LA earns a median $47,228/year (≈ $22.71/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Monroe's price level (16% below national, BEA RPP 83.6), that paycheck buys what $56,495 would nationally. Nominal pay sits 1.3% above the Louisiana state average.
Official BLS data · View source
In Monroe, Louisiana, the evolving real estate market reflects significant changes in compensation dynamics, particularly post-2024 due to the National Association of Realtors (NAR) settlement which restructured commission structures across the industry. Projected for 2026, the median annual salary for real estate agents in Monroe is $47,228, with a broad salary range that spans from $18,331 at the 10th percentile to $88,752 at the 90th percentile. This data, derived from official Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) surveys, highlights a landscape where compensation is influenced by factors such as transaction volume, average sale price, and commission split agreements. Given this context, Monroe agents navigate a competitive market where adaptability to these changes is vital for long-term success.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $18,331 | $8.81 |
| Lower Range (P25) | $35,424 | $17.03 |
| Median (P50)(typical) | $47,228 | $22.71 |
| Upper Range (P75) | $61,834 | $29.73 |
| Top Earners (P90) | $88,752 | $42.67 |
Median Salary Position
11.92% below the national average
2026 Salary Percentile Distribution in Monroe
In Monroe, LA, the real estate agent salary spread from the 10th to 90th percentile is $70,421 (2026 est.). At $47,228, the local median is 11.92% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Monroe: You'd be in the lower-middle range
How Monroe Real Estate Agent Pay Compares
Monroe median: $47,228/year (2026)
| Compared To | Median Salary | Monroe Pays |
|---|---|---|
| Louisiana Average | $46,622 | +1.30% more |
| National Average | $53,622 | -11.92% less |
Real Estate Agents in Monroe, LA earn a median of $47,228 per year (2026 est.), which is 11.92% lower than the national median of $53,622 and 1.30% above the Louisiana state average of $46,622.
Cost-of-Living Adjusted Salary
Monroe has a cost of living 16.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Monroe, LA has a cost-of-living index of 83.597 (below the national average of 100). A real estate agent earning $47,228 nominally has purchasing power equivalent to $56,495 in an average-cost city — an effective 19.62% boost.
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2019 BLS Actual
$53,020
2025 BLS Actual
$46,530
2026 Current Est.
$47,228
2019–2027 Growth
+-9.6%
Salary Trajectory for Real Estate Agents in Monroe (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $53,020 | Actual |
| 2020 | $43,192 | Actual |
| 2021 | $35,770 | Actual |
| 2022 | $44,020 | Actual |
| 2023 | $36,550 | Actual |
| 2024 | $35,990 | Actual |
| 2025 | $46,530 | Actual |
| 2026(current) | $47,228 | Estimated |
| 2027 | $47,936 | Projected |
Based on 7 years of BLS OEWS data for the Monroe metropolitan area, the median real estate agent salary grew -12.2% from $53,020 (2019) to $46,530 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,936 by 2027 — a total increase of $-5,084 (-9.59%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Monroe 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) | $18,331 – $35,424 |
| 3-5 years (Mid Career) | $35,424 – $47,228 |
| 5+ years (Experienced) | $47,228 – $61,834 |
| 10+ years (Top Earner) | $61,834 – $88,752 |
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 Monroe
In assessing the real estate agent pay in Monroe, LA, it's evident that the local job market is relatively robust, with around 90 agents currently employed in the area. The cost of living index stands at 83.597, which is notably below the national average, enhancing agents’ purchasing power despite salaries that trend lower than the national median. Major employers in Monroe include national franchise brokerages like Keller Williams and RE/MAX, which typically offer competitive pay structures, particularly for high-performing agents who align with the 70/30 to 80/20 commission splits prevalent in the industry. The income disparity among agents often arises from various factors, including specialized skill sets, historical performance, team affiliations, and prospective leads generated through referral networks. For agents looking to maximize their earnings in Monroe, focusing on effective marketing strategies, leveraging local connections, and possibly joining high-functioning teams within established brokerages can be beneficial approaches.
More salary data for Monroe, LA:
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 $46,530 for real estate agentsin the Monroe 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
Source: BLS, OEWS, 5-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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