Real Estate Agent Pay

Collierville vs Memphis: Real Estate Agent Salary (2026)

Compare real estate agent salaries between Collierville, TN and Memphis, TN. All figures are 2026 estimates projected from BLS 2025 data.

Collierville, TN
$47,293
$22.74/hr
Memphis, TN
$47,187
$22.69/hr

Side-by-Side Comparison

MetricCollierville, TNMemphis, TN
Median Salary$47,293$47,187
Hourly Rate$22.74$22.69
Entry Level (P10)$28,537$31,160
25th Percentile$34,902$35,657
75th Percentile$60,535$77,972
Top Earner (P90)$73,304$106,534
Total Employed8470
Side-by-side bar chart comparing Collierville ($47,293) and Memphis ($47,187) real estate agent salaries.ColliervilleMemphisMedian Salary$47,293$47,187Entry Level (P10)$28,537$31,160Top Earner (P90)$73,304$106,534US Median $53,622

Verdict

Collierville and Memphis are closely matched on overall real estate agent compensation, each winning on different metrics.

The salary gap between Collierville and Memphis is $106 (0.22%). Collierville's median is -11.80% compared to the US national median of $53,622.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Collierville spans $44,767,Memphis spans $75,374. Memphis has a wider pay range, suggesting more variation in pay between entry-level and experienced real estate agents.

Collierville
P10 (Entry)$28,537
P25$34,902
Median$47,293
P75$60,535
P90 (Top)$73,304
Memphis
P10 (Entry)$31,160
P25$35,657
Median$47,187
P75$77,972
P90 (Top)$106,534

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Collierville ($51,517 effective) pays 0.64% more than Memphis ($51,191 effective).

Collierville
Nominal: $47,293
CoL Index: 91.8
Adjusted: $51,517
Memphis
Nominal: $47,187
CoL Index: 92.179
Adjusted: $51,191

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Collierville if…

  • Higher median salary ($47,293/year)
  • Better purchasing power (CoL-adjusted: $51,517)
  • You prefer the Tennessee area and lifestyle

Choose Memphis if…

  • Better top-earner potential ($106,534)
  • Larger job market (470 employed)
  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Collierville grew -12.7% from 2024 to 2025, compared to -14.9% growth in Memphis over the same period.

Collierville, TN

+-12.7%

$53,363 (2024) → $46,594 (2025)

Memphis, TN

+-14.9%

$54,610 (2019) → $46,490 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Collierville or Memphis?

Collierville has a higher median real estate agent salary at $47,293/year, compared to Memphis at $47,187/year — a difference of $106 (0.22%).

What is the hourly rate difference between Collierville and Memphis?

Collierville real estate agents earn $22.74/hr while Memphis hygienists earn $22.69/hr (2026 est.).

Should I relocate from Collierville to Memphis as a real estate agent?

Consider more than just salary when comparing Collierville and Memphis. Factor in cost of living (CoL-adjusted: Collierville = $51,517, Memphis = $51,191), job availability (8 vs 470 employed), commute, and career growth potential.

What do entry-level real estate agents earn in Collierville vs Memphis?

Entry-level (10th percentile) real estate agents earn $28,537 in Collierville and $31,160 in Memphis. The Memphis area offers higher starting salaries.
MG

Written by Maria Gonzalez, REALTOR®

Career Analyst

Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.

Clinically reviewed by David Chen, REALTOR®Data verified by Fatima Ali, REALTOR®

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 1.50% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov