Real Estate Agent Hourly Pay in Somerville, MA: $45.21 (2026)
Quick Answer:Hourly pay for a real estate agent working in Somerville, MA runs $45.21 at the median for 2026 — annualizing to $94,037 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Somerville's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $41.67 nationally would. A 24-hour part-time schedule grosses $56,420 per year.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Somerville, Massachusetts, can expect to earn a median hourly wage of $45.21, significantly surpassing the national median of $25.78. This hourly rate suggests a lucrative environment for part-time professionals, particularly those working three days a week, who could generate considerable income while managing flexibility in their schedules. Typical settings for this role include brokerage offices, property tours, and closing appointments, all of which offer opportunities for agents to capitalize on their hourly earnings. For those entering the field, hourly pay can vary widely, from $28.30 for entry-level positions up to $70.08 for the highest earners in the area. These estimates derive from annual salary data, reflecting the commission-based nature of real estate work and the fluctuating income structures prevalent in Somerville’s competitive market.
About the Somerville Market
Salary estimated from Massachusetts average ($88,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.30 | $226.39 |
| Lower Range (P25) | $33.99 | $271.94 |
| Median (P50) | $45.21 | $361.66 |
| Upper Range (P75) | $57.87 | $462.92 |
| Top Earners (P90) | $70.08 | $560.60 |
Estimated Annual Income by Work Schedule in Somerville
Based on $45.21/hr median hourly rate · 2026 est.
At $45.21/hr, a real estate agent working full-time (40 hr/wk) in Somerville, MA can expect to earn approximately $94,033 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $54,250. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Somerville.
Hourly Rate Calculator
Schedule Comparison in Somerville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,808.32 | $7,836 | $94,033 |
| Part-Time (24 hrs) | $1,084.99 | $4,702 | $56,420 |
| Per Diem (16 hrs) | $723.33 | $3,134 | $37,613 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Somerville) | $45.21 |
| 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 Somerville, MA earn a median of $94,037 per year (2026 est.), which is 75.37% higher than the national median of $53,622 and 1.40% above the Massachusetts state average of $92,738.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $45.21/hr = $56,420/year (purchasing power: $52,000).
Working 40h/week (full-time) = $94,033/year (purchasing power: $86,666).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$41.25/hr
2025 BLS Actual
$44.54/hr
2026 Current Est.
$45.21/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Somerville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $41.25/hr | Actual |
| 2020 | $41.34/hr | Actual |
| 2021 | $40.75/hr | Actual |
| 2022 | $42.14/hr | Actual |
| 2023 | $45.78/hr | Actual |
| 2024 | $46.53/hr | Actual |
| 2025 | $44.54/hr | Actual |
| 2026(current) | $45.21/hr | Estimated |
| 2027 | $45.89/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Somerville grew 8.0% from $41.25/hr (2019) to $44.54/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $45.89/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 Somerville 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 Somerville
A part-time agent operating on a three-day work schedule, contributing 24 hours weekly, can feasibly take home around $56,036 annually. This contrasts sharply with the financial outcomes for full-time agents. Given that most real estate professionals work as 1099 contractors, per diem real estate agent pay in Somerville tends to lean heavily on commission, with few opportunities for guaranteed hourly wages. High-performing agents may command hourly rates ranging between $100 and $300, while newer agents often face a grueling start where unpaid prospecting can lead to an effective hourly rate below minimum wage. Compensation varies based on employer type; national franchises might offer slightly higher hourly rates, but local independents and discount brokerages can present different financial dynamics. Some agents opt for lower hourly pay in exchange for benefits like health insurance, affecting their overall earnings. Negotiation remains key, particularly for independent agents seeking to establish a fair rate in the evolving market structure post-2024 NAR commission settlement.
More salary data for Somerville, MA:
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 Somerville. 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 Somerville 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