Real Estate Agent Hourly Pay in Cheyenne, WY: $28.04 (2026)
Quick Answer:Hourly pay for a real estate agent working in Cheyenne, WY runs $28.04 at the median for 2026 — annualizing to $58,332 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Cheyenne's regional price level (BEA RPP 96.5, 4% below national), each hour of work buys what $29.06 nationally would. A 24-hour part-time schedule grosses $34,999 per year.
Official BLS data · View source
In Cheyenne, Wyoming, the real estate agent hourly pay reaches a median of $28.04, which is notably higher than the national median hourly rate of $25.78. This hourly rate reflects the diverse opportunities accessible for part-time positions, such as those working three days a week, which could translate into flexible work schedules tailored for their lifestyle. Real estate agents typically operate in various environments, including brokerage office desks, client property tours, listing presentation appointments at seller homes, and closing tables at title companies, as well as engaging in remote or mobile work as necessary. Entry-level agents can expect to earn around $11.70, whereas the top earners in Cheyenne can realize hourly compensation up to $47.56, according to 2026 estimates based on 2025 BLS data.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $11.70 | $93.62 |
| Lower Range (P25) | $19.03 | $152.25 |
| Median (P50) | $28.04 | $224.36 |
| Upper Range (P75) | $40.30 | $322.36 |
| Top Earners (P90) | $47.56 | $380.50 |
Estimated Annual Income by Work Schedule in Cheyenne
Based on $28.04/hr median hourly rate · 2026 est.
At $28.04/hr, a real estate agent working full-time (40 hr/wk) in Cheyenne, WY can expect to earn approximately $58,332 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $33,653. With a cost-of-living index of 96.49 (below the national average), these earnings stretch further in Cheyenne.
Hourly Rate Calculator
Schedule Comparison in Cheyenne
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,121.78 | $4,861 | $58,332 |
| Part-Time (24 hrs) | $673.07 | $2,917 | $34,999 |
| Per Diem (16 hrs) | $448.71 | $1,944 | $23,333 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Cheyenne) | $28.04 |
| 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 Cheyenne, WY earn a median of $58,332 per year (2026 est.), which is 8.78% higher than the national median of $53,622 and 13.60% above the Wyoming state average of $51,349.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $28.04/hr = $34,999/year (purchasing power: $36,272).
Working 40h/week (full-time) = $58,332/year (purchasing power: $60,454).
CoL index: 96.491 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$33.69/hr
2025 BLS Actual
$27.63/hr
2026 Current Est.
$28.04/hr
2019–2027 Growth
+-15.5%
Hourly Rate Trajectory for Real Estate Agents in Cheyenne (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $33.69/hr | Actual |
| 2020 | $38.18/hr | Actual |
| 2021 | $27.40/hr | Actual |
| 2022 | $28.94/hr | Actual |
| 2023 | $36.93/hr | Actual |
| 2024 | $22.50/hr | Actual |
| 2025 | $27.63/hr | Actual |
| 2026(current) | $28.04/hr | Estimated |
| 2027 | $28.47/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Cheyenne grew -18.0% from $33.69/hr (2019) to $27.63/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $28.47/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 Cheyenne 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 Cheyenne
Analyzing the potential for earnings, a part-time real estate agent working 24 hours a week could take home approximately $43,980 annually, significantly less than a full-time agent. However, commission-based income can fluctuate widely. For those in agency positions, per diem real estate agent pay in Cheyenne is less common, as most agents operate under a 1099 model and earn primarily from commissions. Top-producing agents can earn an hourly equivalent averaging between $100 to $300. It's crucial to recognize the differences in hourly compensation among various brokerage types in Cheyenne—national franchises, luxury firms, and local independents all have distinct payment structures. Furthermore, agents may choose lower hourly rates for the added benefit of health insurance, while higher pay may come without such benefits. Understanding these aspects can empower agents, particularly new ones, to negotiate effectively and seek positions that align with their financial expectations and personal circumstances.
More salary data for Cheyenne, WY:
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 Cheyenne. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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