Real Estate Agent Hourly Pay in Wayne, NJ: $29.08 (2026)
Quick Answer:Hourly pay for a real estate agent working in Wayne, NJ runs $29.08 at the median for 2026 — annualizing to $60,487 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Wayne's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $25.24 nationally would. A 24-hour part-time schedule grosses $36,292 per year.
Based on BLS state-level estimates · View source
In Wayne, NJ, the real estate agent hourly pay is projected to be around $29.08 in 2026, significantly exceeding the national median hourly rate of $25.78. This competitive rate is particularly advantageous for part-time agents working three days a week, allowing them to earn a respectable hourly wage while balancing other commitments. The range for real estate agents in this area varies widely, starting from $18.91 for entry-level positions to an impressive $45.08 for more experienced agents, providing flexible opportunities for individuals at different stages of their careers. Work environments are quite diverse, encompassing anything from brokerage office desks to client property tours and remote engagements. All these factors combined create an intriguing mix of earning potentials that reflect both the market demand and the unique character of the profession in Wayne.
About the Wayne 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) | $18.91 | $151.28 |
| Lower Range (P25) | $21.76 | $174.09 |
| Median (P50) | $29.08 | $232.64 |
| Upper Range (P75) | $37.22 | $297.76 |
| Top Earners (P90) | $45.08 | $360.61 |
Estimated Annual Income by Work Schedule in Wayne
Based on $29.08/hr median hourly rate · 2026 est.
At $29.08/hr, a real estate agent working full-time (40 hr/wk) in Wayne, NJ can expect to earn approximately $60,486 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $34,896. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Wayne.
Hourly Rate Calculator
Schedule Comparison in Wayne
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,163.19 | $5,040 | $60,486 |
| Part-Time (24 hrs) | $697.91 | $3,024 | $36,292 |
| Per Diem (16 hrs) | $465.28 | $2,016 | $24,194 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Wayne) | $29.08 |
| 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 Wayne, NJ earn a median of $60,487 per year (2026 est.), which is 12.80% higher than the national median of $53,622 and 2.10% below the New Jersey state average of $61,784.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $29.08/hr = $36,292/year (purchasing power: $31,503).
Working 40h/week (full-time) = $60,486/year (purchasing power: $52,505).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$26.54/hr
2025 BLS Actual
$28.65/hr
2026 Current Est.
$29.08/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Wayne (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $26.54/hr | Actual |
| 2020 | $26.59/hr | Actual |
| 2021 | $26.22/hr | Actual |
| 2022 | $27.10/hr | Actual |
| 2023 | $29.45/hr | Actual |
| 2024 | $44.47/hr | Actual |
| 2025 | $28.65/hr | Actual |
| 2026(current) | $29.08/hr | Estimated |
| 2027 | $29.52/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Wayne grew 8.0% from $26.54/hr (2019) to $28.65/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $29.52/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 Wayne 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 Wayne
Examining the potential annual income for agents working part-time reveals that a 3-day workweek, amounting to approximately 24 hours, can yield substantial compensation but still falls short compared to full-time earnings. It's critical to highlight that most real estate agents operate as 1099 independent contractors, entangled in a commission-based structure where true per diem opportunities are quite rare. Those at the higher end may find themselves earning an hourly equivalent ranging from $100 to $300, while newly licensed agents often face realities that result in hours worked being compensated below minimum wage if unpaid prospecting time is considered. Notably, hourly rates can differ based on the type of brokerage—national franchises often provide higher stability in income while local firms and discount brokerages may offer less predictable earnings. As the industry navigates the ramifications of the 2024 NAR commission settlement, agents may find themselves reassessing the balance between higher hourly pay with no benefits versus lower pay with essential health coverage, making negotiation skills paramount for success in Wayne.
More salary data for Wayne, NJ:
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 Wayne. 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 Wayne 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