Real Estate Agent Hourly Pay in Chaska, MN: $21.58 (2026)
Quick Answer:Hourly pay for a real estate agent working in Chaska, MN runs $21.58 at the median for 2026 — annualizing to $44,888 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Chaska's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $21.91 nationally would. A 24-hour part-time schedule grosses $26,930 per year.
Based on BLS state-level estimates · View source
Real estate agents in Chaska, MN, can expect a median hourly pay of $21.58 in 2026, which falls below the national median of $25.78. This hourly rate suggests that those working part-time, say three days a week, could earn a decent income while balancing other commitments, often conducting client property tours, listing presentations, and closing appointments in varied settings. For entry-level agents, hourly earnings can start as low as $13.74, while seasoned professionals may enjoy rates reaching up to $33.45 depending on their experience and market demand. It’s essential to understand that the figures provided are estimates derived from annual salary data, which highlights the considerable variation within the real estate sector.
About the Chaska 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) | $13.74 | $109.94 |
| Lower Range (P25) | $16.34 | $130.73 |
| Median (P50) | $21.58 | $172.63 |
| Upper Range (P75) | $27.63 | $221.03 |
| Top Earners (P90) | $33.45 | $267.64 |
Estimated Annual Income by Work Schedule in Chaska
Based on $21.58/hr median hourly rate · 2026 est.
At $21.58/hr, a real estate agent working full-time (40 hr/wk) in Chaska, MN can expect to earn approximately $44,884 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $25,895. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Chaska.
Hourly Rate Calculator
Schedule Comparison in Chaska
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $863.16 | $3,740 | $44,884 |
| Part-Time (24 hrs) | $517.89 | $2,244 | $26,930 |
| Per Diem (16 hrs) | $345.26 | $1,496 | $17,954 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Chaska) | $21.58 |
| 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 Chaska, MN earn a median of $44,888 per year (2026 est.), which is 16.29% lower than the national median of $53,622 and 1.20% below the Minnesota state average of $45,434.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $21.58/hr = $26,930/year (purchasing power: $27,341).
Working 40h/week (full-time) = $44,884/year (purchasing power: $45,568).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$19.69/hr
2025 BLS Actual
$21.26/hr
2026 Current Est.
$21.58/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Chaska (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $19.69/hr | Actual |
| 2020 | $19.73/hr | Actual |
| 2021 | $19.45/hr | Actual |
| 2022 | $20.11/hr | Actual |
| 2023 | $21.85/hr | Actual |
| 2024 | $31.82/hr | Actual |
| 2025 | $21.26/hr | Actual |
| 2026(current) | $21.58/hr | Estimated |
| 2027 | $21.90/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Chaska grew 8.0% from $19.69/hr (2019) to $21.26/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.90/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 Chaska 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 Chaska
In the Chaska real estate market, part-time agents working 24 hours a week might earn approximately $26,000 annually, a figure that contrasts with a full-time agent's potential earnings, where commission plays a significant role. The per diem structure is less common in this field; most transactions are commission-based, which can vary significantly. Top producers might command hourly equivalents between $100 and $300, while newer agents may find initial earnings insufficient to sustain a living, especially considering unpaid time spent on prospecting. Different brokerage types also influence hourly rates; franchise brokerages may offer steadier wages but often include a commission split that impacts take-home pay. Local independent and discount brokerages may provide lower rates but attract agents seeking flexibility. Ultimately, agents must weigh the benefits of steady income against the flexibility and potential flexibility of commission-driven arrangements. Negotiating terms based on client load and previous sales can enhance job satisfaction in this dynamic field.
More salary data for Chaska, MN:
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 Chaska. 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 Chaska 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