Average Real Estate Agent Salary in TennesseeNo State Income Tax

Real Estate Agents in Tennessee earn an average of $52,344 per year across 2 metro areas. This is +7.6% lower than the national average.

Average Salary

$52,344

per year

Hourly Rate

$25.17

per hour

vs National

-7.6%

$56,620 national

Salary Range

$33,311

to $75,568

About Real Estate Agent Careers in Tennessee

Real estate agents represent buyers and sellers in property transactions, earning commissions based on sale price rather than a fixed salary — which makes compensation highly variable but uncapped. The median annual earnings for real estate agents are approximately $54,300, but this figure is skewed by the large number of part-time agents; top-producing agents and brokers in high-value markets regularly earn $150,000–$500,000+. Real estate is simultaneously one of the most accessible careers to enter (requiring only a state license exam) and one of the most challenging to succeed in long-term — over half of new agents leave within two years. Success depends on building a referral network, mastering local market knowledge, and consistently generating buyer and seller leads.

In Tennessee, real estate agents earn an average of $52,344 per year as of 2026, with salaries ranging from $33,311 for entry-level roles to $75,568 for the most experienced professionals — +7.6% below the national average. Pay is influenced most by transaction volume and average sale price — income scales directly with both, market segment — luxury real estate, commercial, and investment property transactions yield larger commissions, and the specific metro area within Tennessee.

Cost of Living Adjusted Salary

Nominal Salary

$52,344

Cost of Living Index

93

100 = national average

Adjusted Salary

$56,284

purchasing power equivalent

After adjusting for Tennessee's cost of living (below average), a Real Estate Agent's salary of $52,344 has the purchasing power of $56,284 in an average-cost area. Additionally, Tennessee has no state income tax, further increasing take-home pay.

Real Estate Agent Salary by City in Tennessee

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Nashville, TN$55,642$26.75/hr$35,079$79,445411
Memphis, TN$49,045$23.58/hr$31,542$71,690429

Modeled estimates derived from the 2026 Bureau of Labor Statistics OEWS national median and regional cost factors. Sorted by estimated median salary (highest first).

Tennessee vs National Average

Real Estate Agent Salary Comparison

Tennessee Average$52,344
National Average$56,620
Difference-$4,276 (-7.6%)

Employment in Tennessee

There are approximately 840 Real Estate Agents employed across 2 metro areas in Tennessee.

Key Industries: Healthcare, Automotive, Music & Entertainment

State Income Tax: None (tax-free state)

Real Estate Agent Salary Range in Tennessee

Entry Level (10th Percentile)

$33,311

Starting salary for new Real Estate Agents

Median (50th Percentile)

$52,344

Mid-career Real Estate Agent salary

Senior (90th Percentile)

$75,568

Top earners in the field

Real Estate Agent Salary in Neighboring States

Compare Real Estate Agent salaries in Tennessee with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Real Estate Agent salary in Tennessee?

The average Real Estate Agent salary in Tennessee is $52,344 per year ($25.17/hour) based on 2026 data across 2 metro areas. This is 7.6% below the national average of $56,620.

What is the highest paying city for Real Estate Agents in Tennessee?

Nashville, TN is the highest paying city for Real Estate Agents in Tennessee, with a median salary of $55,642 per year. The lowest paying metro area is Memphis, TN at $49,045.

What is the salary range for Real Estate Agents in Tennessee?

Real Estate Agent salaries in Tennessee range from $33,311 (entry-level, 10th percentile) to $75,568 (experienced, 90th percentile). The median salary is $52,344 per year.

About This Data

The national median for this occupation comes from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. The metro and state figures on this page are modeled estimates: we adjust that national median using regional wage differentials and cost-of-living indexes, then average the metros within Tennessee. They are not direct BLS metro observations and may not reflect all employers or self-employed workers.