Real Estate Agent Salary in Olympia, WA: $83,737 (2026)
Quick Answer:A full-time real estate agent in Olympia, WA earns a median $83,737/year (≈ $40.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Olympia's price level (4% above national, BEA RPP 103.7), that paycheck buys what $80,773 would nationally. Nominal pay sits 12.6% above the Washington state average.
Official BLS data · View source
In Olympia, Washington, the projected median annual salary for real estate agents in 2026 is $83,737, significantly higher than the national figure of $53,622, marking a 56.16% increase. Real estate agent pay in Olympia ranges from $49,258 at the lower tenth percentile to $105,814 at the upper ninetieth percentile. These figures are derived from official BLS OEWS surveys and reflect the city's competitive job market, where agents can opt for different career structures, including team memberships, solo practices, or commercial brokerage roles. Each choice has distinct pay implications, particularly considering that team-based operations often offer shared resources that can lead to higher transaction volumes.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $49,258 | $23.68 |
| Lower Range (P25) | $63,823 | $30.68 |
| Median (P50)(typical) | $83,737 | $40.25 |
| Upper Range (P75) | $97,075 | $46.67 |
| Top Earners (P90) | $105,814 | $50.87 |
Median Salary Position
56.16% above the national average
2026 Salary Percentile Distribution in Olympia
In Olympia, WA, the real estate agent salary spread from the 10th to 90th percentile is $56,556 (2026 est.). At $83,737, the local median is 56.16% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Olympia: You'd be above the median
How Olympia Real Estate Agent Pay Compares
Olympia median: $83,737/year (2026)
| Compared To | Median Salary | Olympia Pays |
|---|---|---|
| Washington Average | $74,367 | +12.60% more |
| National Average | $53,622 | +56.16% more |
Real Estate Agents in Olympia, WA earn a median of $83,737 per year (2026 est.), which is 56.16% higher than the national median of $53,622 and 12.60% above the Washington state average of $74,367.
Cost-of-Living Adjusted Salary
Olympia has a cost of living 3.67% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Olympia, WA has a cost-of-living index of 103.67 (above the national average of 100). While the nominal salary of $83,737 is competitive, the higher cost of living reduces purchasing power to an effective $80,773 — a 3.54% reduction.
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
$61,720
2025 BLS Actual
$82,500
2026 Current Est.
$83,737
2019–2027 Growth
+37.7%
Salary Trajectory for Real Estate Agents in Olympia (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $61,720 | Actual |
| 2020 | $74,310 | Actual |
| 2021 | $79,370 | Actual |
| 2022 | $74,590 | Actual |
| 2023 | $76,380 | Actual |
| 2024 | $80,100 | Actual |
| 2025 | $82,500 | Actual |
| 2026(current) | $83,737 | Estimated |
| 2027 | $84,994 | Projected |
Based on 7 years of BLS OEWS data for the Olympia metropolitan area, the median real estate agent salary grew 33.7% from $61,720 (2019) to $82,500 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $84,994 by 2027 — a total increase of $23,274 (37.71%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Olympia 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) | $49,258 – $63,823 |
| 3-5 years (Mid Career) | $63,823 – $83,737 |
| 5+ years (Experienced) | $83,737 – $97,075 |
| 10+ years (Top Earner) | $97,075 – $105,814 |
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 Olympia
Employment figures suggest a healthy real estate sector in Olympia, with about 180 agents currently in the field. The cost of living index for the area stands at 103.67, suggesting that while salaries appear robust, agents need to factor in living expenses when considering their take-home pay. Among local employers, national franchise brokerages like Keller Williams and RE/MAX typically offer the most lucrative compensation, capitalizing on brand trust and expansive marketing resources. Meanwhile, independent and fee-based brokerages may offer different commission structures. The variation in income potential stems from factors such as transaction volume, average home prices, commission splits with brokerages, and the increasing importance of referral networks. Agents looking to maximize their pay in Olympia should consider specializing in higher-end residential or commercial markets, which often yield greater commission opportunities, especially in light of changes post-2024 in commission structures dictated by the NAR settlement.
More salary data for Olympia, WA:
Frequently Asked Questions
How much do real estate agents make in Olympia, WA in 2026?
Is Olympia, WA a good place to work as a real estate agent?
Can real estate agents make $100K in Olympia?
What is the cost-of-living adjusted real estate agent salary in Olympia?
How much does a real estate agent make per hour in Olympia?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Washington
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 $82,500 for real estate agentsin the Olympia 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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