Real Estate Agent Hourly Pay in Hannibal, MO: $18.77 (2026)
Quick Answer:Hourly pay for a real estate agent working in Hannibal, MO runs $18.77 at the median for 2026 — annualizing to $39,037 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Hannibal's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $20.95 nationally would. A 24-hour part-time schedule grosses $23,422 per year.
Based on BLS state-level estimates · View source
In Hannibal, Missouri, real estate agents are projected to earn a median hourly rate of $18.77 in 2026, which is notably lower than the national median of $25.78 per hour. This discrepancy can pose challenges for those working in part-time roles or seeking per diem work arrangements. Agents commuting to client appointments, conducting property showings, and engaging in listing presentations may find themselves adjusting their weekly schedules to fit within a typical three-day work plan. Entering the industry as a newcomer can mean starting on the lower end of the hourly range, with the bottom 10% earning around $12.75 and top earners pocketing up to $29.09 an hour. Given that these hourly rates are based on annual salary estimates and the prevalent commission-based structure of the profession, it's clear that financial stability can vary significantly from agent to agent.
About the Hannibal Market
Salary estimated from Missouri average ($58,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $12.75 | $101.99 |
| Lower Range (P25) | $14.74 | $117.90 |
| Median (P50) | $18.77 | $150.14 |
| Upper Range (P75) | $24.03 | $192.20 |
| Top Earners (P90) | $29.09 | $232.72 |
Estimated Annual Income by Work Schedule in Hannibal
Based on $18.77/hr median hourly rate · 2026 est.
At $18.77/hr, a real estate agent working full-time (40 hr/wk) in Hannibal, MO can expect to earn approximately $39,036 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $22,521. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Hannibal.
Hourly Rate Calculator
Schedule Comparison in Hannibal
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $750.69 | $3,253 | $39,036 |
| Part-Time (24 hrs) | $450.42 | $1,952 | $23,422 |
| Per Diem (16 hrs) | $300.28 | $1,301 | $15,614 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Hannibal) | $18.77 |
| 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 Hannibal, MO earn a median of $39,037 per year (2026 est.), which is 27.20% lower than the national median of $53,622 and 7.70% below the Missouri state average of $42,293.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $18.77/hr = $23,422/year (purchasing power: $26,140).
Working 40h/week (full-time) = $39,036/year (purchasing power: $43,567).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$17.13/hr
2025 BLS Actual
$18.49/hr
2026 Current Est.
$18.77/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Hannibal (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $17.13/hr | Actual |
| 2020 | $17.16/hr | Actual |
| 2021 | $16.92/hr | Actual |
| 2022 | $17.49/hr | Actual |
| 2023 | $19.00/hr | Actual |
| 2024 | $23.05/hr | Actual |
| 2025 | $18.49/hr | Actual |
| 2026(current) | $18.77/hr | Estimated |
| 2027 | $19.05/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Hannibal grew 8.0% from $17.13/hr (2019) to $18.49/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $19.05/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 Hannibal 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 Hannibal
Part-time agents in Hannibal, those working three days a week for around 24 hours, might take home approximately $22,000 annually if they maintain consistent deal flow, contrasting sharply with a full-time agent's earnings. Although commission structures dominate the market, which means few will work on a per diem basis, independent contractors still strive to balance the potential for higher earnings with the risks of fluctuating income. This reality underscores the complex dynamics of real estate, especially in the aftermath of the 2024 NAR commission settlement, which has reshaped how commissions are earned. Independent agents, particularly those in local franchises and independent firms, often face varied pay rates influenced by the brokerage's business model and positioning in the market. Moreover, some agents choose to trade higher hourly compensation for enhanced benefits like health insurance, which can provide necessary security in a commission-driven field. Negotiation for hourly rates often requires understanding the local market’s nuances, the competitive landscape of various brokers, and the ever-evolving expectations from clients.
More salary data for Hannibal, MO:
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 Hannibal. 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 Hannibal 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