Real Estate Agent Salary in Austin, MN: $42,961 (2026)
Quick Answer:A full-time real estate agent in Austin, MN earns a median $42,961/year (≈ $20.66/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Austin's price level (1% below national, BEA RPP 98.5), that paycheck buys what $43,615 would nationally. Nominal pay sits 5.4% below the Minnesota state average.
Based on BLS state-level estimates · View source
The projected real estate agent salary in Austin, MN, for 2026 is approximately $42,961, reflecting the impact of the significant changes in commission structures following the post-2024 National Association of Realtors (NAR) settlement. Agents in this market can expect to earn between $26,333 at the lower end (P10) and up to $66,589 for the highest earners (P90). These figures are tailored estimates based on 2025 BLS data, adjusted for local cost-of-living considerations. With a median salary that falls significantly below the national average of $53,622, the competitive landscape in Austin presents unique challenges and opportunities for agents seeking to thrive in their careers.
About the Austin Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,333 | $12.66 |
| Lower Range (P25) | $31,902 | $15.34 |
| Median (P50)(typical) | $42,961 | $20.66 |
| Upper Range (P75) | $54,990 | $26.44 |
| Top Earners (P90) | $66,589 | $32.01 |
Median Salary Position
19.88% below the national average
2026 Salary Percentile Distribution in Austin
In Austin, MN, the real estate agent salary spread from the 10th to 90th percentile is $40,256 (2026 est.). At $42,961, the local median is 19.88% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Austin: You'd be in the lower-middle range
How Austin Real Estate Agent Pay Compares
Austin median: $42,961/year (2026)
| Compared To | Median Salary | Austin Pays |
|---|---|---|
| Minnesota Average | $45,413 | -5.40% less |
| National Average | $53,622 | -19.88% less |
Real Estate Agents in Austin, MN earn a median of $42,961 per year (2026 est.), which is 19.88% lower than the national median of $53,622 and 5.40% below the Minnesota state average of $45,413.
Cost-of-Living Adjusted Salary
Austin has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Austin, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $42,961 nominally has purchasing power equivalent to $43,615 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$39,201
2025 BLS Actual
$42,326
2026 Current Est.
$42,961
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Austin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,201 | Actual |
| 2020 | $39,290 | Actual |
| 2021 | $38,729 | Actual |
| 2022 | $40,043 | Actual |
| 2023 | $43,504 | Actual |
| 2024 | $63,352 | Actual |
| 2025 | $42,326 | Actual |
| 2026(current) | $42,961 | Estimated |
| 2027 | $43,605 | Projected |
Based on 7 years of BLS OEWS data for the Austin metropolitan area, the median real estate agent salary grew 8.0% from $39,201 (2019) to $42,326 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $43,605 by 2027 — a total increase of $4,404 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Austin 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) | $26,333 – $31,902 |
| 3-5 years (Mid Career) | $31,902 – $42,961 |
| 5+ years (Experienced) | $42,961 – $54,990 |
| 10+ years (Top Earner) | $54,990 – $66,589 |
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 Austin
In Austin, the job market for real estate professionals is relatively modest, with only four agents employed in the area. The cost of living index stands at 98.5, suggesting that residents benefit from a slightly lower expense base than the national average. This scenario can enhance take-home purchasing power for real estate agents navigating the competitive environment. Among the various employers, national franchise brokerages such as Keller Williams and RE/MAX tend to offer the highest salaries, largely due to their established brand and comprehensive training programs. The spread between lower and upper compensation is driven by factors like transaction volume, sales prices, and commission structures. Agents might consider specializing in luxury or commercial real estate to maximize earnings potential, especially following industry shifts post-settlement that have decoupled commissions from traditional models. Focusing on building a strong referral network and considering team affiliations could further augment income in the nuanced Austin market.
More salary data for Austin, MN:
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 $42,326 for real estate agentsin the Austin 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 Austin 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