Real Estate Agent Salary in Shoreview, MN: $43,028 (2026)
Quick Answer:A full-time real estate agent in Shoreview, MN earns a median $43,028/year (≈ $20.69/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Shoreview's price level (1% below national, BEA RPP 98.5), that paycheck buys what $43,683 would nationally. Nominal pay sits 5.3% below the Minnesota state average.
Based on BLS state-level estimates · View source
Shoreview, Minnesota’s projected median annual salary for real estate agents in 2026 stands at $43,028, significantly trailing the national average of $53,622 by approximately 19.76%. The salary range for agents in the area is wide, from $27,776 at the 10th percentile to $66,694 at the 90th percentile, reflecting variations largely driven by transaction volumes and average sale prices in the local market. These figures represent local estimates based on the 2025 BLS data adapted for regional economic conditions, highlighting how agent effectiveness can translate into compensation, particularly in a market that balances competitive property prices with unique neighborhood dynamics.
About the Shoreview Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $27,776 | $13.36 |
| Lower Range (P25) | $32,031 | $15.40 |
| Median (P50)(typical) | $43,028 | $20.69 |
| Upper Range (P75) | $55,076 | $26.48 |
| Top Earners (P90) | $66,694 | $32.06 |
Median Salary Position
19.76% below the national average
2026 Salary Percentile Distribution in Shoreview
In Shoreview, MN, the real estate agent salary spread from the 10th to 90th percentile is $38,918 (2026 est.). At $43,028, the local median is 19.76% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Shoreview: You'd be in the lower-middle range
How Shoreview Real Estate Agent Pay Compares
Shoreview median: $43,028/year (2026)
| Compared To | Median Salary | Shoreview Pays |
|---|---|---|
| Minnesota Average | $45,436 | -5.30% less |
| National Average | $53,622 | -19.76% less |
Real Estate Agents in Shoreview, MN earn a median of $43,028 per year (2026 est.), which is 19.76% lower than the national median of $53,622 and 5.30% below the Minnesota state average of $45,436.
Cost-of-Living Adjusted Salary
Shoreview 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.
Shoreview, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $43,028 nominally has purchasing power equivalent to $43,683 in an average-cost city — an effective 1.52% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$39,263
2025 BLS Actual
$42,392
2026 Current Est.
$43,028
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Shoreview (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,263 | Actual |
| 2020 | $39,351 | Actual |
| 2021 | $38,789 | Actual |
| 2022 | $40,105 | Actual |
| 2023 | $43,572 | Actual |
| 2024 | $63,450 | Actual |
| 2025 | $42,392 | Actual |
| 2026(current) | $43,028 | Estimated |
| 2027 | $43,673 | Projected |
Based on 7 years of BLS OEWS data for the Shoreview metropolitan area, the median real estate agent salary grew 8.0% from $39,263 (2019) to $42,392 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $43,673 by 2027 — a total increase of $4,410 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shoreview 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) | $27,776 – $32,031 |
| 3-5 years (Mid Career) | $32,031 – $43,028 |
| 5+ years (Experienced) | $43,028 – $55,076 |
| 10+ years (Top Earner) | $55,076 – $66,694 |
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 Shoreview
Employment opportunities for real estate agents in Shoreview are concentrated, with only six agents operating in the area, which could limit competition. The cost-of-living index in Shoreview is 98.5, suggesting that financial dynamics are slightly favorable for agents in terms of take-home purchasing power. Progressive employers such as Keller Williams and RE/MAX often have upper-tier pay structures, benefiting agents who harness high transaction volumes and client referrals. The disparity between lower and higher salaries largely stems from varying commission splits with brokerages, making it essential for agents to strategically choose team membership, agency affiliation, and specialization to maximize earnings. Moreover, adapting to changes resulting from the post-2024 NAR commission structure will be vital for agents aiming to improve their financial standing in Shoreview’s evolving market.
More salary data for Shoreview, MN:
Frequently Asked Questions
How much do real estate agents make in Shoreview, MN in 2026?
Is Shoreview, MN a good place to work as a real estate agent?
Can real estate agents make $100K in Shoreview?
What is the cost-of-living adjusted real estate agent salary in Shoreview?
How much does a real estate agent make per hour in Shoreview?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
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 $42,392 for real estate agentsin the Shoreview 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 Shoreview 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