Real Estate Agent Pay

Memphis vs Oak Ridge: Real Estate Agent Salary (2026)

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

Memphis, TN
$47,187
$22.69/hr
Oak Ridge, TN
$46,297
$22.26/hr

Side-by-Side Comparison

MetricMemphis, TNOak Ridge, TN
Median Salary$47,187$46,297
Hourly Rate$22.69$22.26
Entry Level (P10)$31,160$28,733
25th Percentile$35,657$34,641
75th Percentile$77,972$59,261
Top Earner (P90)$106,534$71,761
Total Employed4706
Side-by-side bar chart comparing Memphis ($47,187) and Oak Ridge ($46,297) real estate agent salaries.MemphisOak RidgeMedian Salary$47,187$46,297Entry Level (P10)$31,160$28,733Top Earner (P90)$106,534$71,761US Median $53,622

Verdict

Memphis, TN offers better overall compensation for real estate agents, winning 4 out of 4 metrics compared to Oak Ridge.

The salary gap between Memphis and Oak Ridge is $890 (1.92%). Memphis's median is -12.00% compared to the US national median of $53,622.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Memphis spans $75,374,Oak Ridge spans $43,028. Memphis has a wider pay range, meaning more potential for high earners but also more variation.

Memphis
P10 (Entry)$31,160
P25$35,657
Median$47,187
P75$77,972
P90 (Top)$106,534
Oak Ridge
P10 (Entry)$28,733
P25$34,641
Median$46,297
P75$59,261
P90 (Top)$71,761

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Memphis ($51,191 effective) pays 1.50% more than Oak Ridge ($50,432 effective).

Memphis
Nominal: $47,187
CoL Index: 92.179
Adjusted: $51,191
Oak Ridge
Nominal: $46,297
CoL Index: 91.8
Adjusted: $50,432

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

Which City Is Right for You?

Choose Memphis if…

  • Higher median salary ($47,187/year)
  • Better top-earner potential ($106,534)
  • Larger job market (470 employed)
  • Better purchasing power (CoL-adjusted: $51,191)
  • You prefer the Tennessee area and lifestyle

Choose Oak Ridge if…

  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, real estate agent salaries in Memphis grew -14.9% from 2019 to 2025, compared to -12.7% growth in Oak Ridge over the same period.

Memphis, TN

+-14.9%

$54,610 (2019) → $46,490 (2025)

Oak Ridge, TN

+-12.7%

$52,240 (2024) → $45,613 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays real estate agents more: Memphis or Oak Ridge?

Memphis has a higher median real estate agent salary at $47,187/year, compared to Oak Ridge at $46,297/year — a difference of $890 (1.92%).

What is the hourly rate difference between Memphis and Oak Ridge?

Memphis real estate agents earn $22.69/hr while Oak Ridge hygienists earn $22.26/hr (2026 est.).

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

Consider more than just salary when comparing Memphis and Oak Ridge. Factor in cost of living (CoL-adjusted: Memphis = $51,191, Oak Ridge = $50,432), job availability (470 vs 6 employed), commute, and career growth potential.

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

Entry-level (10th percentile) real estate agents earn $31,160 in Memphis and $28,733 in Oak Ridge. 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