Real Estate Agent Hourly Pay in Shaker Heights, OH: $20.78 (2026)
Quick Answer:Hourly pay for a real estate agent working in Shaker Heights, OH runs $20.78 at the median for 2026 — annualizing to $43,215 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Shaker Heights's regional price level (BEA RPP 90.7, 9% below national), each hour of work buys what $22.91 nationally would. A 24-hour part-time schedule grosses $25,930 per year.
Based on BLS state-level estimates · View source
In Shaker Heights, OH, real estate agents earn a median hourly rate of $20.78, marking a significant disparity when compared to the national hourly median of $25.78. This rate accommodates various work schedules, particularly appealing to part-time agents who may opt for a flexible arrangement, such as working three days a week. For these professionals operating out of brokerage offices, conducting client property tours, or facilitating showings, the hourly rate provides a steady income that can support their efforts in an industry characterized by fluctuating commission-based pay. Furthermore, the hourly range spans from $14.08 for entry-level positions to $32.21 for high-achieving agents, reflecting the competitive nature of the real estate market in this suburban setting.
About the Shaker Heights Market
Salary estimated from Ohio average ($58,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.08 | $112.62 |
| Lower Range (P25) | $16.37 | $130.98 |
| Median (P50) | $20.78 | $166.22 |
| Upper Range (P75) | $26.59 | $212.74 |
| Top Earners (P90) | $32.21 | $257.65 |
Estimated Annual Income by Work Schedule in Shaker Heights
Based on $20.78/hr median hourly rate · 2026 est.
At $20.78/hr, a real estate agent working full-time (40 hr/wk) in Shaker Heights, OH can expect to earn approximately $43,216 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $24,932. With a cost-of-living index of 90.70 (below the national average), these earnings stretch further in Shaker Heights.
Hourly Rate Calculator
Schedule Comparison in Shaker Heights
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $831.08 | $3,601 | $43,216 |
| Part-Time (24 hrs) | $498.65 | $2,161 | $25,930 |
| Per Diem (16 hrs) | $332.43 | $1,441 | $17,287 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Shaker Heights) | $20.78 |
| 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 Shaker Heights, OH earn a median of $43,215 per year (2026 est.), which is 19.41% lower than the national median of $53,622 and 3.60% below the Ohio state average of $44,828.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $20.78/hr = $25,930/year (purchasing power: $28,588).
Working 40h/week (full-time) = $43,216/year (purchasing power: $47,647).
CoL index: 90.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$18.96/hr
2025 BLS Actual
$20.47/hr
2026 Current Est.
$20.78/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Shaker Heights (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $18.96/hr | Actual |
| 2020 | $19.00/hr | Actual |
| 2021 | $18.73/hr | Actual |
| 2022 | $19.37/hr | Actual |
| 2023 | $21.04/hr | Actual |
| 2024 | $24.39/hr | Actual |
| 2025 | $20.47/hr | Actual |
| 2026(current) | $20.78/hr | Estimated |
| 2027 | $21.09/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Shaker Heights grew 8.0% from $18.96/hr (2019) to $20.47/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $21.09/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 Shaker Heights 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 Shaker Heights
A part-time real estate agent in Shaker Heights, working a typical schedule of 24 hours per week, could expect to earn approximately $26,094 annually, compared to a full-time agent whose earnings would far exceed this figure. While per diem real estate agent pay is less common due to the commission-based nature of the profession, top producers can command hourly equivalents of $100 to $300 based on their performance and established client bases. In Shaker Heights, hourly rates can vary significantly depending on the type of brokerage. Traditional national franchises like Keller Williams or Coldwell Banker may offer more stability and benefits, while independent or fee-based brokerages might entice agents with higher commission splits at the cost of fewer benefits. Newly licensed agents often find themselves in a challenging position, facing lower effective pay when considering unpaid hours dedicated to prospecting. As agents negotiate their compensation, they may weigh the allure of higher hourly rates against the security of traditional employment benefits, a consideration increasingly relevant in a post-2024 NAR commission landscape where traditional commission structures are under review.
More salary data for Shaker Heights, OH:
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 Shaker Heights. 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 Shaker Heights 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