Real Estate Agent.
Minneapolis.
$60,000
median salary, at the national average
$40,000 to $93,000. Last updated August 2026.
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Data points to own the conversation.
Orbyt estimates Real Estate Agent pay in Minneapolis at $60,000, within a range of $40,000 to $93,000. That is right at the national average. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.
Salary range.
Where do you fall?
Orbyt estimate for Real Estate Agent in Minneapolis, modelled from national occupation wages adjusted for local cost of living. The published government benchmark for this occupation is below.
Government benchmark for this occupation
The US Bureau of Labor Statistics reports a median annual wage of $46,410 for Real Estate Sales Agents (SOC 41-9022) in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, based on 1,980 employed workers (May 2025 release).
10th percentile
$36,220
25th percentile
$43,280
Median
$46,410
75th percentile
$62,070
90th percentile
$108,040
Workers surveyed
1,980
Why this differs from the estimate above. The Orbyt estimate of $60,000 is 29% higher than this published figure. That is usually not an error in either number: BLS reports by occupation code, and Real Estate Sales Agents covers a different population than the Real Estate Agent title as it is typically advertised. Both are shown, unreconciled, so you can judge which one describes the job you mean.
BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Real Estate Sales Agents (SOC 41-9022) rather than Real Estate Agent specifically. The Minneapolisrange at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.
View the BLS source for SOC 41-9022Salary by experience.
The gap between entry and lead level is typically $54,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$39,000
to $48,000
Mid (3-5 yrs)
$51,000
to $63,000
Senior (6-9 yrs)
$66,000
to $78,000
Lead (10+ yrs)
$75,000
to $93,000
Total compensation.
Base salary is not the full picture. Equity, bonus, and signing can add $14,000 to the total package.
Base
$60,000
Equity
$8,000
Bonus
$5,000
Signing
$1,000
Estimated total: $74,000
How Minneapolis compares.
Minneapolis, MN
$60,000
Cost of living: 5% above average
National Average
$60,000
Same as local rate
Real Estate Agent salary by city.
Salary by role in Minneapolis.
What you should know.
Before you negotiate a Real Estate Agent offer in Minneapolis, understand the terrain. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. The city's strong corporate base creates consistent demand across finance, healthcare, retail tech, and supply chain roles. Quality of life is high, and employers offer competitive salaries to offset the cold winters. Market location and personal transaction volume create enormous salary variance. Agents in high-value markets like San Francisco, New York, or Miami earn substantially more per deal. Top-producing agents closing 20 or more transactions annually can earn multiples of the median, while part-time agents may earn below minimum wage.
New agents typically earn $25,000 to $45,000 in their first year. Established agents with a referral network earn $60,000 to $100,000. Top producers consistently earn $120,000 to $250,000. Team leaders and broker-owners can exceed $300,000, though with significant business overhead. In Minneapolis, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Most agents are independent contractors earning 100% commission with no base salary. The listed figures reflect typical gross commission income. Agents pay their own health insurance, self-employment taxes, MLS fees, marketing costs, and brokerage splits of 20 to 50%. And on the tax side: minnesota's top income tax rate is 9.85%, one of the highest state rates. There is no city income tax in Minneapolis, but the state burden significantly reduces take home pay. When someone quotes you $60,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat. The range for Real Estate Agents in Minneapolis runs from $40,000 to $93,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology
Considering a related role?
- An Insurance Agent in Minneapolis earns $59,000 (2% less)
- The highest-paying role in Minneapolis is CTO at $321,000
Common questions.
Real Estate Agent salary in other cities.
Other salaries in Minneapolis.
Related salary pages
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