Real Estate Agent Salary in Washington Township, NJ: $61,067 (2026)
Quick Answer:A full-time real estate agent in Washington Township, NJ earns a median $61,067/year (≈ $29.36/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Washington Township's price level (15% above national, BEA RPP 115.2), that paycheck buys what $53,010 would nationally. Nominal pay sits 1.1% below the New Jersey state average.
Based on BLS state-level estimates · View source
In Washington Township, NJ, projected compensation for real estate agents showcases a considerable local advantage, with a median annual salary of $61,067, surpassing the national median by nearly 14%. This competitive edge is rooted in the local real estate dynamics, where transaction volumes and average home prices elevate effective hourly compensation. The estimated salary range for agents extends from $38,674 at the lower end to $94,655 for those in the upper echelons of the market. These figures reflect localized estimates based on 2025 BLS data, adjusted for regional price variations, signaling promising opportunities for agents actively engaged in the township's real estate sector.
About the Washington Township Market
Salary estimated from New Jersey average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,674 | $18.59 |
| Lower Range (P25) | $46,265 | $22.24 |
| Median (P50)(typical) | $61,067 | $29.36 |
| Upper Range (P75) | $78,166 | $37.58 |
| Top Earners (P90) | $94,655 | $45.50 |
Median Salary Position
13.88% above the national average
2026 Salary Percentile Distribution in Washington Township
In Washington Township, NJ, the real estate agent salary spread from the 10th to 90th percentile is $55,981 (2026 est.). At $61,067, the local median is 13.88% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Washington Township: You'd be in the lower-middle range
How Washington Township Real Estate Agent Pay Compares
Washington Township median: $61,067/year (2026)
| Compared To | Median Salary | Washington Township Pays |
|---|---|---|
| New Jersey Average | $61,747 | -1.10% less |
| National Average | $53,622 | +13.88% more |
Real Estate Agents in Washington Township, NJ earn a median of $61,067 per year (2026 est.), which is 13.88% higher than the national median of $53,622 and 1.10% below the New Jersey state average of $61,747.
Cost-of-Living Adjusted Salary
Washington Township has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Washington Township, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $61,067 is competitive, the higher cost of living reduces purchasing power to an effective $53,010 — a 13.19% reduction.
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2019 BLS Actual
$55,724
2025 BLS Actual
$60,165
2026 Current Est.
$61,067
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Washington Township (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,724 | Actual |
| 2020 | $55,849 | Actual |
| 2021 | $55,052 | Actual |
| 2022 | $56,919 | Actual |
| 2023 | $61,839 | Actual |
| 2024 | $93,386 | Actual |
| 2025 | $60,165 | Actual |
| 2026(current) | $61,067 | Estimated |
| 2027 | $61,983 | Projected |
Based on 7 years of BLS OEWS data for the Washington Township metropolitan area, the median real estate agent salary grew 8.0% from $55,724 (2019) to $60,165 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $61,983 by 2027 — a total increase of $6,259 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Washington Township 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) | $38,674 – $46,265 |
| 3-5 years (Mid Career) | $46,265 – $61,067 |
| 5+ years (Experienced) | $61,067 – $78,166 |
| 10+ years (Top Earner) | $78,166 – $94,655 |
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 Washington Township
The job market for real estate professionals in Washington Township consists of 12 active agents, indicating a niche environment ripe for growth. However, the cost of living is factored into this potential, with a cost of living index of 115.2, which means that maintaining an adequate purchasing power requires strategic financial planning. Among the varying types of employers in the area, national franchises such as Keller Williams and RE/MAX tend to offer higher pay structures, reflecting their established market influence. Elements like transaction volume, average sale price, commission splits, and team affiliations significantly contribute to the broader wage range. Especially post-2024 NAR commission structure changes, agents must capitalize on referral networks, hone their specialization—whether in luxury or commercial properties—or consider team-based operations to maximize their pay in this evolving marketplace. With a growth rate of 1.50%, the outlook for agents in this township indicates steady development and ample opportunities for those prepared to adapt to the shifts in commission dynamics.
More salary data for Washington Township, NJ:
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 $60,165 for real estate agentsin the Washington Township 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 Washington Township 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