Real Estate Agent Hourly Pay in Austin, MN: $20.66 (2026)
Quick Answer:Hourly pay for a real estate agent working in Austin, MN runs $20.66 at the median for 2026 — annualizing to $42,961 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Austin's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $20.97 nationally would. A 24-hour part-time schedule grosses $25,778 per year.
Based on BLS state-level estimates · View source
In Austin, MN, real estate agents earn a median hourly rate of $20.66. This figure falls below the national hourly median of $25.78, signifying a notable difference in earnings for agents in the area. Those working part-time, such as three days a week, may find this rate translates to a moderate income while engaging in various tasks that include property tours, client meetings, and remote work. The hourly wage ranges from $12.66 for entry-level positions to $32.01 for high earners, highlighting the disparities in earnings across different career stages. Given that most agents operate as independent contractors under a 1099 status, the hourly rates are partly derived from prospective annual earnings, reflecting the commission-based nature of the industry.
About the Austin Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.66 | $101.26 |
| Lower Range (P25) | $15.34 | $122.69 |
| Median (P50) | $20.66 | $165.24 |
| Upper Range (P75) | $26.44 | $211.53 |
| Top Earners (P90) | $32.01 | $256.10 |
Estimated Annual Income by Work Schedule in Austin
Based on $20.66/hr median hourly rate · 2026 est.
At $20.66/hr, a real estate agent working full-time (40 hr/wk) in Austin, MN can expect to earn approximately $42,963 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $24,786. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Austin.
Hourly Rate Calculator
Schedule Comparison in Austin
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $826.21 | $3,580 | $42,963 |
| Part-Time (24 hrs) | $495.73 | $2,148 | $25,778 |
| Per Diem (16 hrs) | $330.48 | $1,432 | $17,185 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Austin) | $20.66 |
| 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 Austin, MN earn a median of $42,961 per year (2026 est.), which is 19.88% lower than the national median of $53,622 and 5.40% below the Minnesota state average of $45,413.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $20.66/hr = $25,778/year (purchasing power: $26,170).
Working 40h/week (full-time) = $42,963/year (purchasing power: $43,617).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$18.85/hr
2025 BLS Actual
$20.35/hr
2026 Current Est.
$20.66/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Austin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $18.85/hr | Actual |
| 2020 | $18.89/hr | Actual |
| 2021 | $18.62/hr | Actual |
| 2022 | $19.25/hr | Actual |
| 2023 | $20.92/hr | Actual |
| 2024 | $30.46/hr | Actual |
| 2025 | $20.35/hr | Actual |
| 2026(current) | $20.66/hr | Estimated |
| 2027 | $20.97/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Austin grew 8.0% from $18.85/hr (2019) to $20.35/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $20.97/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 Austin 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 Austin
Evaluating the potential for part-time earnings shows that a real estate agent working 24 hours a week would take home significantly less than someone working full-time, impacting financial stability and benefits. While per diem real estate agent pay in Austin is not common due to the commission structure, top agents can earn impressive hourly equivalents, reaching $100 to $300 per hour, specifically when they convert commissions into their effective hourly rates. New agents entering the market may face a challenging reality, often earning below the minimum wage when factoring in the demands of unpaid prospecting and client engagement. Hourly earnings can fluctuate depending on the type of brokerage, with national franchises usually offering more stability in base pay compared to independent or discount brokerages. Agents aligned with larger firms may also have the leverage of benefits, which can impact their overall income strategy. For those negotiating pay in Austin, understanding the landscape of commission splits and market trends is essential, especially with the industry dynamics shifting post-2024 NAR settlement, which affects how commissions are structured and earned.
More salary data for Austin, MN:
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 Austin. 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 Austin 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