Real Estate Agent Hourly Pay in Decatur, IL: $22.73 (2026)
Quick Answer:Hourly pay for a real estate agent working in Decatur, IL runs $22.73 at the median for 2026 — annualizing to $47,270 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Decatur's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $23.40 nationally would. A 24-hour part-time schedule grosses $28,362 per year.
Based on BLS state-level estimates · View source
In Decatur, Illinois, the projected real estate agent hourly pay for 2026 stands at $22.73, which is notably lower than the national median hourly rate of $25.78. This difference may significantly influence those considering part-time work, as agents often operate on flexible schedules, working three days a week or fewer. Typical environments include brokerage offices, client property tours, and remote mobile settings, which are essential for accommodating client needs. Entry-level agents in Decatur can expect to earn around $14.21 per hour, while experienced agents, especially those in higher-performing roles, can see hourly earnings reach up to $35.22. The wide range in expected earnings reflects both the competitive nature of the real estate market and the implications of commission structures, greatly impacting the financial landscape for agents in the area.
About the Decatur Market
Salary estimated from Illinois average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.21 | $113.68 |
| Lower Range (P25) | $17.09 | $136.74 |
| Median (P50) | $22.73 | $181.81 |
| Upper Range (P75) | $29.09 | $232.72 |
| Top Earners (P90) | $35.22 | $281.76 |
Estimated Annual Income by Work Schedule in Decatur
Based on $22.73/hr median hourly rate · 2026 est.
At $22.73/hr, a real estate agent working full-time (40 hr/wk) in Decatur, IL can expect to earn approximately $47,270 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,271. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Decatur.
Hourly Rate Calculator
Schedule Comparison in Decatur
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $909.03 | $3,939 | $47,270 |
| Part-Time (24 hrs) | $545.42 | $2,363 | $28,362 |
| Per Diem (16 hrs) | $363.61 | $1,576 | $18,908 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Decatur) | $22.73 |
| 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 Decatur, IL earn a median of $47,270 per year (2026 est.), which is 11.85% lower than the national median of $53,622 and 1.40% above the Illinois state average of $46,617.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.73/hr = $28,362/year (purchasing power: $29,209).
Working 40h/week (full-time) = $47,270/year (purchasing power: $48,682).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.74/hr
2025 BLS Actual
$22.39/hr
2026 Current Est.
$22.73/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Decatur (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.74/hr | Actual |
| 2020 | $20.78/hr | Actual |
| 2021 | $20.49/hr | Actual |
| 2022 | $21.18/hr | Actual |
| 2023 | $23.01/hr | Actual |
| 2024 | $32.19/hr | Actual |
| 2025 | $22.39/hr | Actual |
| 2026(current) | $22.73/hr | Estimated |
| 2027 | $23.07/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Decatur grew 8.0% from $20.74/hr (2019) to $22.39/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.07/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 Decatur 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 Decatur
When considering the potential earnings of part-time real estate agents working in Decatur, it’s important to analyze the realities of commission-based compensation. A three-day work week, amounting to roughly 24 hours, translates to an annual income significantly less than that of full-time agents, especially when factoring in the unpaid hours typical in this profession. For market leaders, hourly equivalents can soar as high as $100-$300, illustrating how top performers maximize their earning potential. In contrast, new agents might face challenges, often earning less than minimum wage when unpaid prospecting is considered. The choice of brokerage can also greatly affect hourly earnings. Agents affiliated with national franchises may benefit from better marketing support, while independent brokers or discount firms might provide greater commission splits but lack such resources. Ultimately, some agents may accept lower hourly rates for benefits like healthcare, highlighting a critical trade-off that any agent in Decatur should carefully assess. For effective negotiation, understanding local market dynamics and incorporating strategies aligned with personal work styles are key for securing favorable terms in this competitive field.
More salary data for Decatur, IL:
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 Decatur. 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 Decatur 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