Real Estate Agent Hourly Pay in New Albany, IN: $22.77 (2026)
Quick Answer:Hourly pay for a real estate agent working in New Albany, IN runs $22.77 at the median for 2026 — annualizing to $47,344 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against New Albany's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $24.94 nationally would. A 24-hour part-time schedule grosses $28,413 per year.
Based on BLS state-level estimates · View source
In New Albany, Indiana, the projected median hourly pay for real estate agents in 2026 is $22.77, which is notably lower than the national average of $25.78. This means that agents in the area who work part-time, say three days a week, can expect to earn around $1,093 per week before any deductions; however, variations exist based on experience and market conditions. At the lower end of the spectrum, entry-level agents may earn about $14.71 per hour, while seasoned professionals can reach upwards of $35.28 per hour, heavily influenced by commission-based structures typical for this field. The hours can vary widely, with many agents working from brokerage office desks, conducting client property tours, or meeting at closing tables, often balancing their schedules with remote work opportunities.
About the New Albany 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) | $14.71 | $117.66 |
| Lower Range (P25) | $17.46 | $139.66 |
| Median (P50) | $22.77 | $182.13 |
| Upper Range (P75) | $29.13 | $233.04 |
| Top Earners (P90) | $35.28 | $282.25 |
Estimated Annual Income by Work Schedule in New Albany
Based on $22.77/hr median hourly rate · 2026 est.
At $22.77/hr, a real estate agent working full-time (40 hr/wk) in New Albany, IN can expect to earn approximately $47,354 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,320. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in New Albany.
Hourly Rate Calculator
Schedule Comparison in New Albany
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $910.66 | $3,946 | $47,354 |
| Part-Time (24 hrs) | $546.39 | $2,368 | $28,413 |
| Per Diem (16 hrs) | $364.26 | $1,578 | $18,942 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (New Albany) | $22.77 |
| 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 New Albany, IN earn a median of $47,344 per year (2026 est.), which is 11.71% lower than the national median of $53,622 and 3.50% below the Indiana state average of $49,061.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.77/hr = $28,413/year (purchasing power: $31,120).
Working 40h/week (full-time) = $47,354/year (purchasing power: $51,867).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.77/hr
2025 BLS Actual
$22.43/hr
2026 Current Est.
$22.77/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in New Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.77/hr | Actual |
| 2020 | $20.82/hr | Actual |
| 2021 | $20.52/hr | Actual |
| 2022 | $21.22/hr | Actual |
| 2023 | $23.05/hr | Actual |
| 2024 | $23.30/hr | Actual |
| 2025 | $22.43/hr | Actual |
| 2026(current) | $22.77/hr | Estimated |
| 2027 | $23.11/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in New Albany grew 8.0% from $20.77/hr (2019) to $22.43/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.11/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 New Albany 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 New Albany
Focusing on the income dynamics within the industry, a part-time real estate agent working 24 hours a week in New Albany could expect to earn an annual equivalent of approximately $28,576, a stark comparison to full-time agents who are more likely to surpass $47,344. The structure of real estate work centers primarily around commission, which means that while hourly work is feasible in team environments or for some agencies, many agents operate as independent contractors and may not receive hourly pay often. In New Albany, top-producing agents might command hourly rates between $100 and $300, reflecting their success and experience, while new agents could earn rates significantly lower than minimum wage when factoring in non-billable prospecting hours. Different employer types, from large national franchises to local independent firms, create a varied landscape for pay scales, with the benefits of a steady paycheck often leading some to sacrifice hourly rates for benefits like health insurance. It's advisable for real estate professionals to negotiate effectively within their local market, particularly considering the upcoming changes in commission structures following the 2024 NAR settlement.
More salary data for New Albany, IN:
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 New Albany. 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 New Albany 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