Real Estate Agent Hourly Pay in Groton, CT: $26.97 (2026)
Quick Answer:Hourly pay for a real estate agent working in Groton, CT runs $26.97 at the median for 2026 — annualizing to $56,085 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Groton's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $24.99 nationally would. A 24-hour part-time schedule grosses $33,657 per year.
Based on BLS state-level estimates · View source
In Groton, Connecticut, the 2026 projected median hourly pay for real estate agents is $26.97, which surpasses the national median hourly rate of $25.78 by approximately 4.59%. This competitive rate makes real estate a viable option for those considering part-time work or seeking per-diem assignments. Typically, agents who work three days a week might take on roughly 24 hours of work, allowing for a sustainable income while balancing other commitments. Entry-level agents can expect to earn around $16.28, while those at the higher end of the spectrum could receive up to $41.80 per hour, highlighting the potential for significant earnings in this profession. The varying settings—from brokerages to client property tours and closing tables—also contribute to how agents manage their time and income.
About the Groton Market
Salary estimated from Connecticut average ($78,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $16.28 | $130.24 |
| Lower Range (P25) | $21.42 | $171.33 |
| Median (P50) | $26.97 | $215.75 |
| Upper Range (P75) | $34.51 | $276.08 |
| Top Earners (P90) | $41.80 | $334.38 |
Estimated Annual Income by Work Schedule in Groton
Based on $26.97/hr median hourly rate · 2026 est.
At $26.97/hr, a real estate agent working full-time (40 hr/wk) in Groton, CT can expect to earn approximately $56,095 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $32,362. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in Groton.
Hourly Rate Calculator
Schedule Comparison in Groton
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,078.74 | $4,675 | $56,095 |
| Part-Time (24 hrs) | $647.25 | $2,805 | $33,657 |
| Per Diem (16 hrs) | $431.50 | $1,870 | $22,438 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Groton) | $26.97 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Groton, CT earn a median of $56,085 per year (2026 est.), which is 4.59% higher than the national median of $53,622 and 3.10% below the Connecticut state average of $57,879.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $26.97/hr = $33,657/year (purchasing power: $31,193).
Working 40h/week (full-time) = $56,095/year (purchasing power: $51,988).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$24.61/hr
2025 BLS Actual
$26.57/hr
2026 Current Est.
$26.97/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Groton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.61/hr | Actual |
| 2020 | $24.66/hr | Actual |
| 2021 | $24.31/hr | Actual |
| 2022 | $25.14/hr | Actual |
| 2023 | $27.31/hr | Actual |
| 2024 | $39.22/hr | Actual |
| 2025 | $26.57/hr | Actual |
| 2026(current) | $26.97/hr | Estimated |
| 2027 | $27.37/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Groton grew 8.0% from $24.61/hr (2019) to $26.57/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $27.37/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Groton metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Groton
When examining the realities of the part-time opportunities in Groton's real estate market, a three-day work week could yield an annual income of approximately $33,859 based on a consistent schedule, which contrasts sharply with full-time earnings. Many agents operate on a commission basis, complicating expectations surrounding per diem real estate agent pay in Groton. For seasoned agents, hourly equivalent rates can soar to between $100 and $300, particularly among those who work within established teams. However, newly licensed individuals might earn less than minimum wage when factoring in unpaid prospecting time. The diverse employer types—ranging from prominent national brokerages to local firms and specialized luxury companies—influence pay structures significantly. Agents might choose lower hourly rates for the benefits provided or go for higher pay without health coverage. Staying informed and effectively negotiating within this fluctuating market is crucial for maximizing earnings in Groton's competitive real estate landscape.
More salary data for Groton, CT:
Frequently Asked Questions
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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.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Groton. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Groton is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov