Real Estate Agent Hourly Pay in Oak Ridge, TN: $22.26 (2026)
Quick Answer:Hourly pay for a real estate agent working in Oak Ridge, TN runs $22.26 at the median for 2026 — annualizing to $46,297 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Oak Ridge's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $24.25 nationally would. A 24-hour part-time schedule grosses $27,779 per year.
Based on BLS state-level estimates · View source
In Oak Ridge, TN, real estate agents earn a median hourly rate of $22.26, which is notably lower than the national median of $25.78. This disparity highlights potential challenges for agents operating in this area, especially for those who may work part-time or per-diem. A part-time agent, working three days a week at 24 hours, would gross approximately $1,069, or around $52,000 annually, while agents can face various work settings such as client property tours, listing presentations at seller homes, and closing tables at title companies. With hourly rates ranging from $13.81 for entry-level agents to $34.50 for top earners, it reflects an understanding based on overall earning trends and the commission-based nature of this profession.
About the Oak Ridge Market
Salary estimated from Tennessee average ($58,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $13.81 | $110.51 |
| Lower Range (P25) | $16.66 | $133.25 |
| Median (P50) | $22.26 | $178.07 |
| Upper Range (P75) | $28.49 | $227.93 |
| Top Earners (P90) | $34.50 | $276.00 |
Estimated Annual Income by Work Schedule in Oak Ridge
Based on $22.26/hr median hourly rate · 2026 est.
At $22.26/hr, a real estate agent working full-time (40 hr/wk) in Oak Ridge, TN can expect to earn approximately $46,299 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,711. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Oak Ridge.
Hourly Rate Calculator
Schedule Comparison in Oak Ridge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $890.36 | $3,858 | $46,299 |
| Part-Time (24 hrs) | $534.21 | $2,315 | $27,779 |
| Per Diem (16 hrs) | $356.14 | $1,543 | $18,519 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Oak Ridge) | $22.26 |
| 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 Oak Ridge, TN earn a median of $46,297 per year (2026 est.), which is 13.66% lower than the national median of $53,622 and 1.90% below the Tennessee state average of $47,194.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.26/hr = $27,779/year (purchasing power: $30,261).
Working 40h/week (full-time) = $46,299/year (purchasing power: $50,434).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$20.31/hr
2025 BLS Actual
$21.93/hr
2026 Current Est.
$22.26/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Oak Ridge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.31/hr | Actual |
| 2020 | $20.36/hr | Actual |
| 2021 | $20.07/hr | Actual |
| 2022 | $20.75/hr | Actual |
| 2023 | $22.54/hr | Actual |
| 2024 | $25.12/hr | Actual |
| 2025 | $21.93/hr | Actual |
| 2026(current) | $22.26/hr | Estimated |
| 2027 | $22.59/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Oak Ridge grew 8.0% from $20.31/hr (2019) to $21.93/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.59/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 Oak Ridge 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 Oak Ridge
With a growth rate of 1.50%, the market for real estate agents in Oak Ridge presents both challenges and opportunities. Part-time agents can earn significantly less annually compared to their full-time counterparts, particularly given that many real estate roles are commission-driven rather than hourly. Per diem real estate agent pay in Oak Ridge is quite rare, as the industry primarily operates on 1099 contracts and commission splits, especially following the seismic shifts from the 2024 NAR settlement that affected commission structures. New agents often find themselves in a difficult position, facing hourly equivalents that may dip below the minimum wage when factoring in unpaid prospecting time. Several types of employers in the area, including national franchise brokerages and local independent firms, offer varying pay scales, which can influence overall earnings. Those working for luxury specialty firms or team-based operations may find their earnings structured differently, often weighing benefits against potential hourly wages. It’s advisable for agents to develop strong negotiation skills, tailoring their strategies based on the employer type and the specific dynamics prevalent within the Oak Ridge market.
More salary data for Oak Ridge, TN:
Frequently Asked Questions
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Related Pages
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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 Oak Ridge. 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 Oak Ridge 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