Real Estate Agent Hourly Pay in Passaic, NJ: $29.07 (2026)
Quick Answer:Hourly pay for a real estate agent working in Passaic, NJ runs $29.07 at the median for 2026 — annualizing to $60,463 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Passaic's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $25.23 nationally would. A 24-hour part-time schedule grosses $36,279 per year.
Based on BLS state-level estimates · View source

In Passaic, NJ, real estate agents earn a median hourly pay of $29.07, which is notably higher than the national median of $25.78. This rate can significantly impact individuals working part-time or on a per-diem basis. For instance, an agent working three days a week would realistically earn around $22,244 annually, a figure that is challenging to sustain solely through sporadic property showings or meetings. The hourly compensation for this role ranges from $18.88 at the entry-level to a remarkable $45.06 for top earners in the market. Ultimately, these hourly rates are informed by annual salary projections and reflect the dynamic environments where agents typically operate, including brokerage offices, client property tours, and remote consulting.
About the Passaic Market
Salary estimated from New Jersey average ($82,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.88 | $151.03 |
| Lower Range (P25) | $22.37 | $178.96 |
| Median (P50) | $29.07 | $232.56 |
| Upper Range (P75) | $37.21 | $297.68 |
| Top Earners (P90) | $45.06 | $360.45 |
Estimated Annual Income by Work Schedule in Passaic
Based on $29.07/hr median hourly rate · 2026 est.
At $29.07/hr, a real estate agent working full-time (40 hr/wk) in Passaic, NJ can expect to earn approximately $60,465 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,884. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Passaic.
Hourly Rate Calculator
Schedule Comparison in Passaic
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,162.78 | $5,039 | $60,465 |
| Part-Time (24 hrs) | $697.67 | $3,023 | $36,279 |
| Per Diem (16 hrs) | $465.11 | $2,015 | $24,186 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Passaic) | $29.07 |
| 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 Passaic, NJ earn a median of $60,463 per year (2026 est.), which is 12.76% higher than the national median of $53,622 and 2.10% below the New Jersey state average of $61,759.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $29.07/hr = $36,279/year (purchasing power: $31,492).
Working 40h/week (full-time) = $60,465/year (purchasing power: $52,487).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$26.53/hr
2025 BLS Actual
$28.64/hr
2026 Current Est.
$29.07/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Passaic (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.53/hr | Actual |
| 2020 | $26.59/hr | Actual |
| 2021 | $26.21/hr | Actual |
| 2022 | $27.09/hr | Actual |
| 2023 | $29.44/hr | Actual |
| 2024 | $44.45/hr | Actual |
| 2025 | $28.64/hr | Actual |
| 2026(current) | $29.07/hr | Estimated |
| 2027 | $29.51/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Passaic grew 8.0% from $26.53/hr (2019) to $28.64/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $29.51/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 Passaic 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 Passaic
The part-time income potential in Passaic presents a distinctive challenge for real estate agents, particularly given the predominance of commission-based structures in this industry. For those dedicating just three days a week, total annual earnings can often fall short compared to their full-time counterparts. It's important to recognize the per-diem landscape within real estate as largely non-existent, primarily because agents are primarily compensated through commissions—the reality of 1099 employment status means that hourly work as a per diem real estate agent is uncommon. The compensation for high-performing agents can escalate quickly, with opportunities for hourly equivalents soaring to between $100 and $300 when factoring commission splits and variations in base pay arrangements. Conversely, new agents might see their time efforts yield returns below minimum wage due to the unpaid nature of essential prospecting tasks. Hourly rates will often differ across various employer types in Passaic, ranging from national franchises like Keller Williams to luxury firms such as Sotheby’s. Balancing benefits against pay is a typical trade-off agents face, with many opting for lower hourly rates in exchange for health insurance and other perks. Negotiation within this sector can pivot on demonstrating industry value while recognizing that commission-based environments demand flexibility and persistence.
More salary data for Passaic, NJ:
Frequently Asked Questions
What is the hourly rate for real estate agents in Passaic in 2026?
How much do part-time real estate agents make in Passaic?
Are real estate agents in Passaic paid hourly or salary?
How much does a full-time real estate agent make per year in Passaic?
Do real estate agents earn more per hour working part-time in Passaic?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
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 Passaic. 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 Passaic 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