Real Estate Agent Hourly Pay in Lansing, MI: $24.46 (2026)
Quick Answer:Hourly pay for a real estate agent working in Lansing, MI runs $24.46 at the median for 2026 — annualizing to $50,882 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Lansing's regional price level (BEA RPP 95.0, 5% below national), each hour of work buys what $25.75 nationally would. A 24-hour part-time schedule grosses $30,528 per year.
Official BLS data · View source
In Lansing, Michigan, the real estate agent hourly pay is projected to reach a median of $24.46 by 2026. This rate falls below the national median of $25.78, reflecting the local market dynamics and the economic landscape of the state. For part-time agents working around three days a week, this hourly rate can translate into meaningful income, especially when factoring in the variety of work environments typical for real estate agents—office settings, client property showings, or even working remotely. The hourly pay range is significant, starting at $15.40 for entry-level positions and reaching up to $50.04 for high-performing agents. Such variations stem from the commission-based nature of the industry, where experience and reputation dictate earning potential in Lansing's competitive market.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $15.40 | $123.18 |
| Lower Range (P25) | $20.85 | $166.78 |
| Median (P50) | $24.46 | $195.69 |
| Upper Range (P75) | $30.92 | $247.34 |
| Top Earners (P90) | $50.04 | $400.32 |
Estimated Annual Income by Work Schedule in Lansing
Based on $24.46/hr median hourly rate · 2026 est.
At $24.46/hr, a real estate agent working full-time (40 hr/wk) in Lansing, MI can expect to earn approximately $50,880 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $29,354. With a cost-of-living index of 94.99 (below the national average), these earnings stretch further in Lansing.
Hourly Rate Calculator
Schedule Comparison in Lansing
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $978.46 | $4,240 | $50,880 |
| Part-Time (24 hrs) | $587.08 | $2,544 | $30,528 |
| Per Diem (16 hrs) | $391.38 | $1,696 | $20,352 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Lansing) | $24.46 |
| 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 Lansing, MI earn a median of $50,882 per year (2026 est.), which is 5.11% lower than the national median of $53,622 and 13.20% below the Michigan state average of $58,620.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $24.46/hr = $30,528/year (purchasing power: $32,138).
Working 40h/week (full-time) = $50,880/year (purchasing power: $53,563).
CoL index: 94.991 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$26.54/hr
2025 BLS Actual
$24.10/hr
2026 Current Est.
$24.46/hr
2019–2027 Growth
+-6.4%
Hourly Rate Trajectory for Real Estate Agents in Lansing (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.54/hr | Actual |
| 2020 | $27.54/hr | Actual |
| 2021 | $23.71/hr | Actual |
| 2022 | $27.59/hr | Actual |
| 2023 | $24.77/hr | Actual |
| 2024 | $23.82/hr | Actual |
| 2025 | $24.10/hr | Actual |
| 2026(current) | $24.46/hr | Estimated |
| 2027 | $24.83/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Lansing grew -9.2% from $26.54/hr (2019) to $24.10/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $24.83/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 Lansing 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 Lansing
For those considering real estate as a career in Lansing, part-time agents working twelve hours a week could see annual earnings drastically diverging from their full-time counterparts, who regularly outperform in terms of commissions. Given that real estate work is predominantly commission-based, hourly earnings can be complex; top agents might realize rates between $100 to $300 per hour for their services. New agents face a challenging reality, often earning below minimum wage when considering unpaid time spent on prospecting. Additionally, earnings can vary greatly based on the brokerage type, whether it's a national franchise like Keller Williams or a local independent firm, with health benefits often influencing the decision to accept lower hourly rates. Practical tips for negotiating pay are critical in this field, especially in a market like Lansing, where understanding each brokerage's commission structures can make a significant difference in the long run.
More salary data for Lansing, MI:
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 Lansing. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 6-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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