Real Estate Agent Hourly Pay in Mishawaka, IN: $31.81 (2026)
Quick Answer:Hourly pay for a real estate agent working in Mishawaka, IN runs $31.81 at the median for 2026 — annualizing to $66,170 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Mishawaka's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $34.84 nationally would. A 24-hour part-time schedule grosses $39,699 per year.
Based on BLS state-level estimates · View source
In Mishawaka, Indiana, a real estate agent earns a median hourly pay of $31.81, significantly higher than the national median of $25.78. This hourly rate reflects the potential for both full-time and part-time agents, offering flexibility in work schedules which can include three-day work weeks. For those seeking per-diem opportunities, the income earned can vary greatly depending on the nature of the work, whether it involves client property tours, listings at seller homes, or closing tables at title companies. The hourly earnings for real estate agents can range from $20.58 for entry-level positions to as much as $49.31 for seasoned professionals reaching the top tier in the field.
About the Mishawaka Market
Salary estimated from Indiana average ($55,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $20.58 | $164.67 |
| Lower Range (P25) | $24.42 | $195.37 |
| Median (P50) | $31.81 | $254.48 |
| Upper Range (P75) | $40.72 | $325.77 |
| Top Earners (P90) | $49.31 | $394.47 |
Estimated Annual Income by Work Schedule in Mishawaka
Based on $31.81/hr median hourly rate · 2026 est.
At $31.81/hr, a real estate agent working full-time (40 hr/wk) in Mishawaka, IN can expect to earn approximately $66,165 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $38,172. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Mishawaka.
Hourly Rate Calculator
Schedule Comparison in Mishawaka
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,272.40 | $5,514 | $66,165 |
| Part-Time (24 hrs) | $763.44 | $3,308 | $39,699 |
| Per Diem (16 hrs) | $508.96 | $2,206 | $26,466 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Mishawaka) | $31.81 |
| 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 Mishawaka, IN earn a median of $66,170 per year (2026 est.), which is 23.40% higher than the national median of $53,622 and 34.90% above the Indiana state average of $49,051.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $31.81/hr = $39,699/year (purchasing power: $43,482).
Working 40h/week (full-time) = $66,165/year (purchasing power: $72,470).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$29.03/hr
2025 BLS Actual
$31.34/hr
2026 Current Est.
$31.81/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Mishawaka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $29.03/hr | Actual |
| 2020 | $29.09/hr | Actual |
| 2021 | $28.68/hr | Actual |
| 2022 | $29.65/hr | Actual |
| 2023 | $32.21/hr | Actual |
| 2024 | $23.59/hr | Actual |
| 2025 | $31.34/hr | Actual |
| 2026(current) | $31.81/hr | Estimated |
| 2027 | $32.29/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Mishawaka grew 8.0% from $29.03/hr (2019) to $31.34/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $32.29/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 Mishawaka 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 Mishawaka
When considering the part-time earning potential, a real estate agent in Mishawaka working three days a week typically takes home a significantly lower annual income compared to full-time agents. The per-diem compensation model is less common in this commission-based industry; most agents typically work under a 1099 arrangement rather than receiving hourly pay. For established agents, the hourly equivalent of their commissions can range between $100 to $300 for successful transactions, while newer agents in their first couple of years may find themselves earning less than minimum wage when factoring in unpaid prospecting time. Additionally, different brokerage types in Mishawaka—ranging from national franchises like Keller Williams to local independents—can lead to variations in hourly pay. Some agents might prefer positions offering lower hourly rates due to health insurance benefits, while others opt for higher-paying roles without benefits. Practical negotiation in this field is essential, especially for those looking to establish their worth in a competitive market.
More salary data for Mishawaka, IN:
Frequently Asked Questions
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Related Pages
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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 Mishawaka. 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 Mishawaka 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