Real Estate Agent Hourly Pay in Northfield, MN: $20.85 (2026)
Quick Answer:Hourly pay for a real estate agent working in Northfield, MN runs $20.85 at the median for 2026 — annualizing to $43,367 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Northfield's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $21.17 nationally would. A 24-hour part-time schedule grosses $26,018 per year.
Based on BLS state-level estimates · View source
In Northfield, Minnesota, real estate agents earn a median hourly pay of $20.85, which falls below the national median of $25.78. This disparity has implications for both part-time and per-diem workers, particularly given the flexible nature of real estate work. Agents typically find themselves working from brokerage office desks, showing properties to clients, presenting listings in sellers' homes, and closing transactions at title companies. The hourly pay for agents ranges from $13.59 for entry-level positions up to $32.32 for the higher earners, indicating a varied earning potential based on experience and market demand. With hourly rates derived from annual salary estimates, these figures illustrate the dynamic earning landscape for real estate professionals in this Minnesota city.
About the Northfield 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) | $13.59 | $108.73 |
| Lower Range (P25) | $15.96 | $127.65 |
| Median (P50) | $20.85 | $166.78 |
| Upper Range (P75) | $26.68 | $213.47 |
| Top Earners (P90) | $32.32 | $258.54 |
Estimated Annual Income by Work Schedule in Northfield
Based on $20.85/hr median hourly rate · 2026 est.
At $20.85/hr, a real estate agent working full-time (40 hr/wk) in Northfield, MN can expect to earn approximately $43,364 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $25,018. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Northfield.
Hourly Rate Calculator
Schedule Comparison in Northfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $833.92 | $3,614 | $43,364 |
| Part-Time (24 hrs) | $500.35 | $2,168 | $26,018 |
| Per Diem (16 hrs) | $333.57 | $1,445 | $17,346 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Northfield) | $20.85 |
| 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 Northfield, MN earn a median of $43,367 per year (2026 est.), which is 19.12% lower than the national median of $53,622 and 4.50% below the Minnesota state average of $45,410.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $20.85/hr = $26,018/year (purchasing power: $26,415).
Working 40h/week (full-time) = $43,364/year (purchasing power: $44,024).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$19.02/hr
2025 BLS Actual
$20.54/hr
2026 Current Est.
$20.85/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Northfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $19.02/hr | Actual |
| 2020 | $19.07/hr | Actual |
| 2021 | $18.79/hr | Actual |
| 2022 | $19.43/hr | Actual |
| 2023 | $21.11/hr | Actual |
| 2024 | $30.75/hr | Actual |
| 2025 | $20.54/hr | Actual |
| 2026(current) | $20.85/hr | Estimated |
| 2027 | $21.16/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Northfield grew 8.0% from $19.02/hr (2019) to $20.54/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.16/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 Northfield 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 Northfield
For part-time real estate agents in Northfield working three days a week, the financial situation can vary significantly compared to full-time associates. A part-time agent operating 24 hours weekly could expect to take home around $25,999 annually, while full-time agents might see considerably higher earnings, especially in lucrative markets. However, due to the commission-based pay structure typical in the industry—where most agents work as 1099 independent contractors—the concept of per diem real estate agent pay in Northfield is largely uncommon. Industry trends show that top producers can make the equivalent of $100-$300 per hour, while newer agents may struggle to reach minimum wage when factoring in unpaid prospecting time. Additionally, hourly rates can differ based on the type of brokerage; national franchises often provide steadier incomes due to brand recognition, while independent firms may offer more flexible arrangements. Ultimately, many agents must weigh benefits such as health insurance against potential higher hourly earnings without such support. Negotiating pay in Northfield requires an understanding of these nuances and the ability to articulate value, particularly when competing among diverse brokerage models and agent structures.
More salary data for Northfield, 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 Northfield. 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 Northfield 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