Real Estate Agent Pay

Key West vs Miami: Real Estate Agent Salary (2026)

Compare real estate agent salaries between Key West, FL and Miami, FL. All figures are 2026 estimates projected from BLS 2025 data.

Key West, FL
$47,085
$22.63/hr
Miami, FL
$47,786
$22.97/hr

Side-by-Side Comparison

MetricKey West, FLMiami, FL
Median Salary$47,085$47,786
Hourly Rate$22.63$22.97
Entry Level (P10)$29,557$36,905
25th Percentile$35,478$42,863
75th Percentile$60,269$120,318
Top Earner (P90)$72,982$155,498
Total Employed49,160
Side-by-side bar chart comparing Key West ($47,085) and Miami ($47,786) real estate agent salaries.Key WestMiamiMedian Salary$47,085$47,786Entry Level (P10)$29,557$36,905Top Earner (P90)$72,982$155,498US Median $53,622

Verdict

Miami, FL offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to Key West.

The salary gap between Key West and Miami is $701 (1.49%). Miami's median is -10.88% compared to the US national median of $53,622.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Key West spans $43,425,Miami spans $118,593. Miami has a wider pay range, suggesting more variation in pay between entry-level and experienced real estate agents.

Key West
P10 (Entry)$29,557
P25$35,478
Median$47,085
P75$60,269
P90 (Top)$72,982
Miami
P10 (Entry)$36,905
P25$42,863
Median$47,786
P75$120,318
P90 (Top)$155,498

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Key West ($46,711 effective) pays 11.59% more than Miami ($41,861 effective).

Key West
Nominal: $47,085
CoL Index: 100.8
Adjusted: $46,711
Miami
Nominal: $47,786
CoL Index: 114.155
Adjusted: $41,861

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

Which City Is Right for You?

Choose Key West if…

  • Better purchasing power (CoL-adjusted: $46,711)
  • You prefer the Florida area and lifestyle

Choose Miami if…

  • Higher median salary ($47,786/year)
  • Better top-earner potential ($155,498)
  • Larger job market (9,160 employed)
  • You prefer the Florida area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Key West grew -24.7% from 2024 to 2025, compared to 0.9% growth in Miami over the same period.

Key West, FL

+-24.7%

$61,579 (2024) → $46,389 (2025)

Miami, FL

+0.9%

$46,670 (2019) → $47,080 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Key West or Miami?

Miami has a higher median real estate agent salary at $47,786/year, compared to Key West at $47,085/year — a difference of $701 (1.49%).

What is the hourly rate difference between Key West and Miami?

Key West real estate agents earn $22.63/hr while Miami hygienists earn $22.97/hr (2026 est.).

Should I relocate from Key West to Miami as a real estate agent?

Consider more than just salary when comparing Key West and Miami. Factor in cost of living (CoL-adjusted: Key West = $46,711, Miami = $41,861), job availability (4 vs 9,160 employed), commute, and career growth potential.

What do entry-level real estate agents earn in Key West vs Miami?

Entry-level (10th percentile) real estate agents earn $29,557 in Key West and $36,905 in Miami. The Miami area offers higher starting salaries.

Related Comparisons

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