Real Estate Agent Salary in Morristown, TN: $46,726 (2026)
Quick Answer:A full-time real estate agent in Morristown, TN earns a median $46,726/year (≈ $22.46/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Morristown's price level (8% below national, BEA RPP 91.8), that paycheck buys what $50,900 would nationally. Nominal pay sits 1.0% below the Tennessee state average.
Based on BLS state-level estimates · View source
In 2026, the real estate agent salary in Morristown, Tennessee, is projected to reach a median of $46,726, reflecting the localized market dynamics as influenced by transaction volume and average sale prices in the region. This salary range varies significantly, with the lower end at $29,868 (P10) and the upper end at $72,424 (P90). These estimates, based on 2025 BLS data projected to 2026 and adjusted for regional price variations, illustrate a compensation landscape that is notably below the national median of $53,622, pointing to the distinctive economic factors at play in Morristown's real estate market. Given the current environment, understanding how these elements affect earnings is crucial for agents navigating their careers in this area.
About the Morristown Market
Salary estimated from Tennessee average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,868 | $14.36 |
| Lower Range (P25) | $35,504 | $17.07 |
| Median (P50)(typical) | $46,726 | $22.46 |
| Upper Range (P75) | $59,809 | $28.75 |
| Top Earners (P90) | $72,424 | $34.81 |
Median Salary Position
12.86% below the national average
2026 Salary Percentile Distribution in Morristown
In Morristown, TN, the real estate agent salary spread from the 10th to 90th percentile is $42,556 (2026 est.). At $46,726, the local median is 12.86% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Morristown: You'd be in the lower-middle range
How Morristown Real Estate Agent Pay Compares
Morristown median: $46,726/year (2026)
| Compared To | Median Salary | Morristown Pays |
|---|---|---|
| Tennessee Average | $47,197 | -1.00% less |
| National Average | $53,622 | -12.86% less |
Real Estate Agents in Morristown, TN earn a median of $46,726 per year (2026 est.), which is 12.86% lower than the national median of $53,622 and 1.00% below the Tennessee state average of $47,197.
Cost-of-Living Adjusted Salary
Morristown 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.
Morristown, TN has a cost-of-living index of 91.8 (below the national average of 100). A real estate agent earning $46,726 nominally has purchasing power equivalent to $50,900 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$42,637
2025 BLS Actual
$46,035
2026 Current Est.
$46,726
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Morristown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,637 | Actual |
| 2020 | $42,732 | Actual |
| 2021 | $42,123 | Actual |
| 2022 | $43,552 | Actual |
| 2023 | $47,316 | Actual |
| 2024 | $52,723 | Actual |
| 2025 | $46,035 | Actual |
| 2026(current) | $46,726 | Estimated |
| 2027 | $47,426 | Projected |
Based on 7 years of BLS OEWS data for the Morristown metropolitan area, the median real estate agent salary grew 8.0% from $42,637 (2019) to $46,035 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,426 by 2027 — a total increase of $4,789 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Morristown 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) | $29,868 – $35,504 |
| 3-5 years (Mid Career) | $35,504 – $46,726 |
| 5+ years (Experienced) | $46,726 – $59,809 |
| 10+ years (Top Earner) | $59,809 – $72,424 |
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 Morristown
The job market in Morristown employs six real estate agents, which indicates a relatively small but potentially competitive environment. With a cost-of-living index of 91.8, this suggests that while salaries may appear lower compared to national figures, the actual purchasing power for real estate professionals in the area might be more favorable. Among local firms, national franchise brokerages such as Keller Williams and Coldwell Banker tend to offer some of the highest compensation structures due to their extensive resources and marketing reach. Factors influencing earnings disparities encompass transaction volume, average sale price, and commission splits that vary from 50/50 to possibly 100% for top producers. To maximize earnings in this context, agents may benefit from aligning with successful teams, specializing in premium properties, or building strong referral networks, especially in light of the evolving commission structures following the post-2024 NAR settlement.
More salary data for Morristown, TN:
Frequently Asked Questions
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Can real estate agents make $100K in Morristown?
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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 $46,035 for real estate agentsin the Morristown 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 Morristown 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