Real Estate Agent Hourly Pay in Coventry, RI: $25.50 (2026)
Quick Answer:Hourly pay for a real estate agent working in Coventry, RI runs $25.50 at the median for 2026 — annualizing to $53,025 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Coventry's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $25.37 nationally would. A 24-hour part-time schedule grosses $31,820 per year.
Based on BLS state-level estimates · View source
In Coventry, Rhode Island, the 2026 projected median hourly pay for real estate agents stands at $25.50, slightly below the national average of $25.78. This hourly rate reflects the diverse working conditions of real estate agents, who manage various tasks such as client meetings, on-site property tours, and presentations from both brokerage offices and client homes. For part-time agents working three days a week, this median hourly wage translates into flexible earning potential while balancing personal commitments. Entry-level agents might earn as little as $15.95 per hour, whereas seasoned professionals can see rates rise to $39.51, underscoring the potential for income growth in a commission-based environment. While hourly figures are derived from annual salary data, they provide an essential insight into the real estate landscape in Coventry.
About the Coventry Market
Salary estimated from Rhode Island average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $15.95 | $127.57 |
| Lower Range (P25) | $19.16 | $153.31 |
| Median (P50) | $25.50 | $203.97 |
| Upper Range (P75) | $32.63 | $261.06 |
| Top Earners (P90) | $39.51 | $316.11 |
Estimated Annual Income by Work Schedule in Coventry
Based on $25.50/hr median hourly rate · 2026 est.
At $25.50/hr, a real estate agent working full-time (40 hr/wk) in Coventry, RI can expect to earn approximately $53,033 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $30,596. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in Coventry.
Hourly Rate Calculator
Schedule Comparison in Coventry
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,019.87 | $4,419 | $53,033 |
| Part-Time (24 hrs) | $611.92 | $2,652 | $31,820 |
| Per Diem (16 hrs) | $407.95 | $1,768 | $21,213 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Coventry) | $25.50 |
| 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 Coventry, RI earn a median of $53,025 per year (2026 est.), which is 1.11% lower than the national median of $53,622 and 1.60% below the Rhode Island state average of $53,887.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $25.50/hr = $31,820/year (purchasing power: $31,662).
Working 40h/week (full-time) = $53,033/year (purchasing power: $52,769).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$23.27/hr
2025 BLS Actual
$25.12/hr
2026 Current Est.
$25.50/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Coventry (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $23.27/hr | Actual |
| 2020 | $23.32/hr | Actual |
| 2021 | $22.99/hr | Actual |
| 2022 | $23.76/hr | Actual |
| 2023 | $25.82/hr | Actual |
| 2024 | $32.33/hr | Actual |
| 2025 | $25.12/hr | Actual |
| 2026(current) | $25.50/hr | Estimated |
| 2027 | $25.88/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Coventry grew 8.0% from $23.27/hr (2019) to $25.12/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $25.88/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 Coventry 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 Coventry
For those exploring part-time opportunities, a real estate agent working 24 hours a week could anticipate a take-home equivalent to approximately $31,104 a year. However, this figure can drastically differ for those engaging in per-diem real estate arrangements, which remain largely uncommon due to the commission-dominated structure of the workforce (1099). Many top producers can command hourly rates ranging from $100 to $300, influenced heavily by their commission splits and the market dynamics in Coventry. Agents often choose between various brokerage types, from national franchises to independent firms, with pay rates varying accordingly. Some opt for lower hourly pay in exchange for health benefits, while others prefer higher commission splits without additional employee perks. Understanding these nuances can aid in better negotiation strategies for prospective agents in this competitive field.
More salary data for Coventry, RI:
Frequently Asked Questions
What is the hourly rate for real estate agents in Coventry in 2026?
How much do part-time real estate agents make in Coventry?
Are real estate agents in Coventry paid hourly or salary?
How much does a full-time real estate agent make per year in Coventry?
Do real estate agents earn more per hour working part-time in Coventry?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Rhode Island
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 Coventry. 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 Coventry 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