Real Estate Agent Salary in Northfield, MN: $43,367 (2026)
Quick Answer:A full-time real estate agent in Northfield, MN earns a median $43,367/year (≈ $20.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Northfield's price level (1% below national, BEA RPP 98.5), that paycheck buys what $44,027 would nationally. Nominal pay sits 4.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Northfield, Minnesota, the projected median annual salary for real estate agents is $43,367, significantly lower than the national median of $53,622, reflecting a -.19.12% disparity. The compensation range shows considerable variability, with earnings starting at $28,275 and potentially reaching as high as $67,218 for the top producers. These estimates, derived from 2025 BLS data and adjusted for regional price parity, indicate that the local market may favor those who operate within team-based environments or specialized sectors like luxury and commercial real estate. As agents in Northfield navigate their unique work structures—whether as independent operators, part of a team, or within larger brokerages—they often face differing pay implications based on their commission splits and sales volume.
About the Northfield Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,275 | $13.59 |
| Lower Range (P25) | $33,189 | $15.96 |
| Median (P50)(typical) | $43,367 | $20.85 |
| Upper Range (P75) | $55,509 | $26.68 |
| Top Earners (P90) | $67,218 | $32.32 |
Median Salary Position
19.12% below the national average
2026 Salary Percentile Distribution in Northfield
In Northfield, MN, the real estate agent salary spread from the 10th to 90th percentile is $38,943 (2026 est.). At $43,367, the local median is 19.12% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Northfield: You'd be in the lower-middle range
How Northfield Real Estate Agent Pay Compares
Northfield median: $43,367/year (2026)
| Compared To | Median Salary | Northfield Pays |
|---|---|---|
| Minnesota Average | $45,410 | -4.50% less |
| National Average | $53,622 | -19.12% less |
Real Estate Agents in Northfield, MN earn a median of $43,367 per year (2026 est.), which is 19.12% lower than the national median of $53,622 and 4.50% below the Minnesota state average of $45,410.
Cost-of-Living Adjusted Salary
Northfield 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.
Northfield, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $43,367 nominally has purchasing power equivalent to $44,027 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$39,572
2025 BLS Actual
$42,726
2026 Current Est.
$43,367
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Northfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,572 | Actual |
| 2020 | $39,661 | Actual |
| 2021 | $39,095 | Actual |
| 2022 | $40,421 | Actual |
| 2023 | $43,915 | Actual |
| 2024 | $63,951 | Actual |
| 2025 | $42,726 | Actual |
| 2026(current) | $43,367 | Estimated |
| 2027 | $44,017 | Projected |
Based on 7 years of BLS OEWS data for the Northfield metropolitan area, the median real estate agent salary grew 8.0% from $39,572 (2019) to $42,726 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $44,017 by 2027 — a total increase of $4,445 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Northfield 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) | $28,275 – $33,189 |
| 3-5 years (Mid Career) | $33,189 – $43,367 |
| 5+ years (Experienced) | $43,367 – $55,509 |
| 10+ years (Top Earner) | $55,509 – $67,218 |
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 Northfield
Employing just six real estate agents, Northfield presents a tight-knit market where local dynamics greatly influence compensation. The cost of living, indexed at 98.5, impacts the purchasing power of these agents, making it essential for them to strategize effectively for maximum earnings. Among the various players in the market, national brokerages like Keller Williams and local independent firms tend to offer competitive compensation packages, while discount brokerages may appeal to those focused on volume rather than high-end sales. Understanding the underlying factors that drive pay disparities—such as transaction volume, the commission structures of brokerages, and contributions to luxury markets—can empower agents. With the industry's shifting landscape post-2024 NAR settlement, considerations like referral networks and specialty niches will be pivotal for agents aiming to elevate their earning potential in Northfield, MN.
More salary data for Northfield, 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 $42,726 for real estate agentsin the Northfield 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 Northfield 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