Real Estate Agent Salary in Memphis, TN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$45,604
Hourly Rate
$21.93
/hour
Jobs in Area
412
employed
Real Estate Agent Salary Range in Memphis, TN
Annual Salary Range
$29k
10th percentile
$38k
25th
$55k
75th
$65k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $28,514 | $13.71 |
| 25th Percentile | $38,256 | $18.39 |
| Median (50th Percentile) | $45,604 | $21.93 |
| 75th Percentile | $54,657 | $26.28 |
| 90th Percentile (Top Earners) | $64,953 | $31.23 |
| Average (Mean) | $48,377 | $23.26 |
Frequently Asked Questions
The average Real Estate Agent salary in Memphis, TN is $45,604 per year or $21.93 per hour as of 2023. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2023. The geographic area covered is the Memphis Metropolitan Statistical Area.
Last updated: 1/14/2026
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How Memphis, TN Compares
vs National Average
$52,030
vs Tennessee Average
$50,513
Cost-of-Living Adjusted
$51,941
Cost of living in Memphis, TN is 12.2% below the national average.
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