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
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Nashville, TN | $55,642 | $26.75/hr | $35,079 | $79,445 | 411 |
| Memphis, TN | $49,045 | $23.58/hr | $31,542 | $71,690 | 429 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Tennessee vs National Average
Real Estate Agent Salary Comparison
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
Related Occupations in Tennessee
Real Estate Agent Salary in Neighboring States
Compare Real Estate Agent salaries in Tennessee with nearby states to find the best opportunities.
More Real Estate Agent Data
More Tennessee Data
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
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Tennessee. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.