Real Estate Agent Salary in Brooklyn Park, MN: $45,030 (2026)
Quick Answer:A full-time real estate agent in Brooklyn Park, MN earns a median $45,030/year (≈ $21.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Brooklyn Park's price level (1% below national, BEA RPP 98.5), that paycheck buys what $45,716 would nationally. Nominal pay sits 0.9% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, the median annual salary for real estate agents in Brooklyn Park is projected to be $45,030, which is roughly 16.02% lower than the national median of $53,622. Salaries in this field exhibit a significant range, with entry-level agents earning as little as $26,382 and top performers reaching $69,797. This disparity reflects various factors in the local market, including whether agents operate as solo practitioners or within team-oriented structures that often maximize revenue through shared resources and client bases. Additionally, those affiliated with national franchise brokerages may find differing pay structures due to brand influence and market positioning compared to independent firms. Such dynamics directly impact compensation across Brooklyn Park's competitive real estate environment.
About the Brooklyn Park Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,382 | $12.69 |
| Lower Range (P25) | $35,341 | $16.99 |
| Median (P50)(typical) | $45,030 | $21.65 |
| Upper Range (P75) | $57,639 | $27.71 |
| Top Earners (P90) | $69,797 | $33.56 |
Median Salary Position
16.02% below the national average
2026 Salary Percentile Distribution in Brooklyn Park
In Brooklyn Park, MN, the real estate agent salary spread from the 10th to 90th percentile is $43,415 (2026 est.). At $45,030, the local median is 16.02% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Brooklyn Park: You'd be in the lower-middle range
How Brooklyn Park Real Estate Agent Pay Compares
Brooklyn Park median: $45,030/year (2026)
| Compared To | Median Salary | Brooklyn Park Pays |
|---|---|---|
| Minnesota Average | $45,439 | -0.90% less |
| National Average | $53,622 | -16.02% less |
Real Estate Agents in Brooklyn Park, MN earn a median of $45,030 per year (2026 est.), which is 16.02% lower than the national median of $53,622 and 0.90% below the Minnesota state average of $45,439.
Cost-of-Living Adjusted Salary
Brooklyn Park 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.
Brooklyn Park, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $45,030 nominally has purchasing power equivalent to $45,716 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$41,090
2025 BLS Actual
$44,365
2026 Current Est.
$45,030
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Brooklyn Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $41,090 | Actual |
| 2020 | $41,182 | Actual |
| 2021 | $40,594 | Actual |
| 2022 | $41,972 | Actual |
| 2023 | $45,599 | Actual |
| 2024 | $66,403 | Actual |
| 2025 | $44,365 | Actual |
| 2026(current) | $45,030 | Estimated |
| 2027 | $45,706 | Projected |
Based on 7 years of BLS OEWS data for the Brooklyn Park metropolitan area, the median real estate agent salary grew 8.0% from $41,090 (2019) to $44,365 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $45,706 by 2027 — a total increase of $4,616 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Brooklyn Park 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) | $26,382 – $35,341 |
| 3-5 years (Mid Career) | $35,341 – $45,030 |
| 5+ years (Experienced) | $45,030 – $57,639 |
| 10+ years (Top Earner) | $57,639 – $69,797 |
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 Brooklyn Park
The local job market for real estate agents in Brooklyn Park employs approximately 17 individuals, indicative of a modest but stable sector within the wider Minnesota economy. With a cost-of-living index at 98.5, the purchasing power of real estate agent salaries aligns closely with the local economic conditions, meaning agents must strategically navigate their earnings to optimize take-home compensation. Independent brokerages or team-based listings frequently provide higher commissions compared to fee-based discount operations. The variance in agent pay reflects transactional volume, the relationship with their brokerage, and specialty niches like luxury or commercial real estate, which often yield higher deals. To maximize pay in this market, agents should focus on enhancing their referral networks, understanding shifts in commission structures post-2024 NAR settlement, and considering specialization to increase desirable listings, thus capitalizing on the evolving landscape of buyer-agent relationships.
More salary data for Brooklyn Park, MN:
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 $44,365 for real estate agentsin the Brooklyn Park 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 Brooklyn Park 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