Real Estate Agent Salary in Lake Oswego, OR: $61,457 (2026)
Quick Answer:A full-time real estate agent in Lake Oswego, OR earns a median $61,457/year (≈ $29.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Lake Oswego's price level (3% above national, BEA RPP 102.6), that paycheck buys what $59,900 would nationally. Nominal pay sits 2.1% below the Oregon state average.
Based on BLS state-level estimates · View source
2026 projections indicate that professionals in the real estate sector in Lake Oswego, Oregon, can expect a median annual pay of $61,457, reflecting a competitive edge compared to the national median of $53,622. With salaries ranging from $38,166 at the 10th percentile to as high as $95,259 at the 90th percentile, these figures suggest varying income potential depending on experience, transaction volume, and commission structures. This landscape is newly influenced by the changes brought about by the post-2024 NAR commission settlement, which has decoupled the traditional commission model. This evolution places greater emphasis on performance and results, signaling a need for Lake Oswego agents to adapt to a rapidly changing market.
About the Lake Oswego Market
Salary estimated from Oregon average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,166 | $18.35 |
| Lower Range (P25) | $45,811 | $22.03 |
| Median (P50)(typical) | $61,457 | $29.55 |
| Upper Range (P75) | $78,666 | $37.82 |
| Top Earners (P90) | $95,259 | $45.80 |
Median Salary Position
14.61% above the national average
2026 Salary Percentile Distribution in Lake Oswego
In Lake Oswego, OR, the real estate agent salary spread from the 10th to 90th percentile is $57,093 (2026 est.). At $61,457, the local median is 14.61% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Lake Oswego: You'd be in the lower-middle range
How Lake Oswego Real Estate Agent Pay Compares
Lake Oswego median: $61,457/year (2026)
| Compared To | Median Salary | Lake Oswego Pays |
|---|---|---|
| Oregon Average | $62,776 | -2.10% less |
| National Average | $53,622 | +14.61% more |
Real Estate Agents in Lake Oswego, OR earn a median of $61,457 per year (2026 est.), which is 14.61% higher than the national median of $53,622 and 2.10% below the Oregon state average of $62,776.
Cost-of-Living Adjusted Salary
Lake Oswego has a cost of living 2.60% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lake Oswego, OR has a cost-of-living index of 102.6 (above the national average of 100). While the nominal salary of $61,457 is competitive, the higher cost of living reduces purchasing power to an effective $59,900 — a 2.53% reduction.
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2019 BLS Actual
$56,079
2025 BLS Actual
$60,549
2026 Current Est.
$61,457
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Lake Oswego (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $56,079 | Actual |
| 2020 | $56,205 | Actual |
| 2021 | $55,403 | Actual |
| 2022 | $57,283 | Actual |
| 2023 | $62,234 | Actual |
| 2024 | $68,295 | Actual |
| 2025 | $60,549 | Actual |
| 2026(current) | $61,457 | Estimated |
| 2027 | $62,379 | Projected |
Based on 7 years of BLS OEWS data for the Lake Oswego metropolitan area, the median real estate agent salary grew 8.0% from $56,079 (2019) to $60,549 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $62,379 by 2027 — a total increase of $6,300 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake Oswego 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) | $38,166 – $45,811 |
| 3-5 years (Mid Career) | $45,811 – $61,457 |
| 5+ years (Experienced) | $61,457 – $78,666 |
| 10+ years (Top Earner) | $78,666 – $95,259 |
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 Lake Oswego
Looking at the local employment scenario, there are currently 8 real estate agents in Lake Oswego, which presents a unique dynamic for competition and collaboration within the community. The cost of living index, at 102.6, suggests that while salaries are above the national median, the purchasing power may be somewhat tempered by local living expenses. Among local employers, national brokerages like Keller Williams and RE/MAX often offer better commission splits and support, while independent firms can provide more flexible business structures for aspiring agents willing to navigate 1099 commission models effectively. The disparity in salaries can typically be driven by factors such as transaction volumes and the average sale price in the region, demanding agents to leverage their networks and specialties—whether commercial, luxury, or standard residential—to maximize earnings. For agents in Lake Oswego, focusing on high-commission properties and nurturing referral relationships can significantly enhance their income potential.
More salary data for Lake Oswego, OR:
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 $60,549 for real estate agentsin the Lake Oswego 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 Lake Oswego 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