Real Estate Agent Hourly Pay in Skokie, IL: $21.91 (2026)
Quick Answer:Hourly pay for a real estate agent working in Skokie, IL runs $21.91 at the median for 2026 — annualizing to $45,575 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Skokie's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $22.57 nationally would. A 24-hour part-time schedule grosses $27,348 per year.
Based on BLS state-level estimates · View source
In Skokie, real estate agents can expect a median hourly rate of $21.91, which is notably lower than the national median of $25.78. This disparity may influence those considering part-time work or per-diem opportunities, as agents in this market can be seen working from brokerage offices, conducting property tours, or engaging in listing presentations. With hourly wages ranging from $14.17 for entry-level positions to $33.96 for top performers, potential part-time agents should weigh their options carefully. Many agents operate as independent contractors, often facing unpredictable pay structures tied to commission, which translates to varying hourly earnings depending on client interactions and sales success.
About the Skokie 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) | $14.17 | $113.36 |
| Lower Range (P25) | $16.35 | $130.81 |
| Median (P50) | $21.91 | $175.31 |
| Upper Range (P75) | $28.04 | $224.36 |
| Top Earners (P90) | $33.96 | $271.70 |
Estimated Annual Income by Work Schedule in Skokie
Based on $21.91/hr median hourly rate · 2026 est.
At $21.91/hr, a real estate agent working full-time (40 hr/wk) in Skokie, IL can expect to earn approximately $45,581 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,297. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Skokie.
Hourly Rate Calculator
Schedule Comparison in Skokie
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $876.55 | $3,798 | $45,581 |
| Part-Time (24 hrs) | $525.93 | $2,279 | $27,348 |
| Per Diem (16 hrs) | $350.62 | $1,519 | $18,232 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Skokie) | $21.91 |
| 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 Skokie, IL earn a median of $45,575 per year (2026 est.), which is 15.01% lower than the national median of $53,622 and 2.20% below the Illinois state average of $46,600.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $21.91/hr = $27,348/year (purchasing power: $28,165).
Working 40h/week (full-time) = $45,581/year (purchasing power: $46,942).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.00/hr
2025 BLS Actual
$21.59/hr
2026 Current Est.
$21.91/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Skokie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.00/hr | Actual |
| 2020 | $20.04/hr | Actual |
| 2021 | $19.76/hr | Actual |
| 2022 | $20.43/hr | Actual |
| 2023 | $22.19/hr | Actual |
| 2024 | $31.03/hr | Actual |
| 2025 | $21.59/hr | Actual |
| 2026(current) | $21.91/hr | Estimated |
| 2027 | $22.24/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Skokie grew 8.0% from $20.00/hr (2019) to $21.59/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.24/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 Skokie 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 Skokie
For those willing to work part-time, if an agent works three days a week for 24 hours, their annual take-home can be significantly less than a full-time counterpart, resulting in about $27,485 before expenses. The nature of real estate work primarily revolves around commission, limiting opportunities for typical per-diem arrangements common in other fields. However, as agents gain experience, they might find themselves earning significantly more—top producers often command hourly equivalents of $100-$300. In Skokie, the type of brokerage significantly impacts hourly rates; national franchises and local independent firms may offer different earning structures, while luxury or commercial firms often require longer training and offer larger commissions. Real estate agents may opt for lower hourly rates in exchange for benefits like health insurance, while others may negotiate based on their commission-based earning potential. Understanding the distinct dynamics of hourly pay in Skokie’s real estate sector can empower agents to make informed career choices.
More salary data for Skokie, 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 Skokie. 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 Skokie 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