Real Estate Agent Salary in Collierville, TN: $47,293 (2026)
Quick Answer:A full-time real estate agent in Collierville, TN earns a median $47,293/year (≈ $22.74/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $51,517 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source
Collierville's real estate agent salary in 2026 is projected to reach a median annual figure of $47,293, representing a noticeable decline of -11.80% when compared to the national median of $53,622. This figure is drawn from local estimates based on BLS state-level data and regional cost adjustments, around a salary range that spans from $28,537 at the 10th percentile to $73,304 at the 90th percentile. The effectiveness of agents in Collierville is largely influenced by the transaction volume and average sale prices in the area, which drive effective hourly compensation, estimated at $22.74 for agents across the spectrum. Factors such as local market dynamics are essential for aspiring and current agents looking to capitalize on the opportunities within this vibrant real estate sector.
About the Collierville Market
Salary estimated from Tennessee average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,537 | $13.72 |
| Lower Range (P25) | $34,902 | $16.78 |
| Median (P50)(typical) | $47,293 | $22.74 |
| Upper Range (P75) | $60,535 | $29.10 |
| Top Earners (P90) | $73,304 | $35.24 |
Median Salary Position
11.8% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the real estate agent salary spread from the 10th to 90th percentile is $44,767 (2026 est.). At $47,293, the local median is 11.8% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Collierville: You'd be in the lower-middle range
How Collierville Real Estate Agent Pay Compares
Collierville median: $47,293/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $47,199 | +0.20% more |
| National Average | $53,622 | -11.80% less |
Real Estate Agents in Collierville, TN earn a median of $47,293 per year (2026 est.), which is 11.80% lower than the national median of $53,622 and 0.20% above the Tennessee state average of $47,199.
Cost-of-Living Adjusted Salary
Collierville has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Collierville, TN has a cost-of-living index of 91.8 (below the national average of 100). A real estate agent earning $47,293 nominally has purchasing power equivalent to $51,517 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$43,154
2025 BLS Actual
$46,594
2026 Current Est.
$47,293
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,154 | Actual |
| 2020 | $43,251 | Actual |
| 2021 | $42,634 | Actual |
| 2022 | $44,080 | Actual |
| 2023 | $47,890 | Actual |
| 2024 | $53,363 | Actual |
| 2025 | $46,594 | Actual |
| 2026(current) | $47,293 | Estimated |
| 2027 | $48,002 | Projected |
Based on 7 years of BLS OEWS data for the Collierville metropolitan area, the median real estate agent salary grew 8.0% from $43,154 (2019) to $46,594 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,002 by 2027 — a total increase of $4,848 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Collierville 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) | $28,537 – $34,902 |
| 3-5 years (Mid Career) | $34,902 – $47,293 |
| 5+ years (Experienced) | $47,293 – $60,535 |
| 10+ years (Top Earner) | $60,535 – $73,304 |
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 Collierville
As of now, eight real estate agents are actively employed in Collierville, TN, a market where the cost-of-living index is notably lower at 91.8, enhancing real estate agent pay in Collierville TN in terms of purchasing power. While national franchises like Keller Williams and RE/MAX offer competitive commissions, local independent brokerages may provide more flexible commission structures. Transaction volume, average sale price, and commission splits largely drive the disparity between the lowest and highest earners, alongside variables such as team membership and the specialty area of practice. The recent shifts in commission structures following the NAR settlement will add another layer of complexity to compensation dynamics. For agents keen on maximizing earnings, focusing on high-value listings, joining well-networked teams, and building referral connections are practical strategies to enhance their overall revenue potential in this promising market.
More salary data for Collierville, TN:
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 $46,594 for real estate agentsin the Collierville 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 Collierville 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