The average annual salaries for real estate sales agents in the state of Tennessee are shown in Table 1. The comparison of the salary statistics of real estate sales agents amongst Tennessee cities is shown in Table 2. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile bracket | Average annual salary |
|---|---|
| 10th Percentile Wage | $18,140 |
| 25th Percentile Wage | $28,610 |
| 50th Percentile Wage | $30,370 |
| 75th Percentile Wage | $44,110 |
| 90th Percentile Wage | $68,540 |
Table 1 shows the average annual salary for real estate sales agents in Tennessee in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $68,540. The median (50th percentile) annual salary is $30,370. The average annual salary for the bottom 10 percent is $18,140.
The table and chart below show the trend of the median salary of real estate sales agents from 2012 to 2021.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2021 | $30,370 | -32.47% | 3.62% |
| 2020 | $40,230 | -8.92% | - |
| 2019 | $43,820 | 4.45% | - |
| 2018 | $41,870 | 26.65% | - |
| 2017 | $30,710 | -0.36% | - |
| 2016 | $30,820 | 2.92% | - |
| 2015 | $29,920 | 1.47% | - |
| 2014 | $29,480 | 1.49% | - |
| 2013 | $29,040 | -0.79% | - |
| 2012 | $29,270 | - | - |
Table 3 shows the median annual salary of real estate sales agents in some Tennessee cities and metropolitan areas. We note that the median annual salary of real estate sales agents in state of Tennessee ranges from $27,460 to $60,350. The highest paying area for real estate sales agents in Tennessee is North Central Tennessee nonmetropolitan area with a median annual salary of $60,350. The second highest paying city/area in Tennessee State is Eastern Tennessee nonmetropolitan area (mean annual salary $48,430). The lowest paying area is South Central Tennessee nonmetropolitan area with a median annual salary of $27,460.