Real Estate Agent Salary in Elk Grove, CA: $63,785 (2026)
Quick Answer:A full-time real estate agent in Elk Grove, CA earns a median $63,785/year (≈ $30.66/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Elk Grove's price level (13% above national, BEA RPP 113.1), that paycheck buys what $56,397 would nationally. Nominal pay sits 1.5% above the California state average.
Based on BLS state-level estimates · View source
In Elk Grove, California, the projected median annual salary for real estate agents in 2026 is $63,785, which significantly surpasses the national median of $53,622 by approximately 18.95%. Compensation in this area fluctuates widely, with salaries ranging from a lower 10th percentile at $37,205 to an upper 90th percentile of $98,866. These figures, based on 2025 BLS OEWS data projected to 2026, reveal how a robust transaction volume and the average sale price can drive effective hourly pay, helping agents earn approximately $30.66 per hour. This dynamic reflects the local housing market's performance, as Elk Grove continues to attract those seeking affordable yet quality living options in the Sacramento region.
About the Elk Grove Market
Salary estimated from California average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,205 | $17.88 |
| Lower Range (P25) | $46,063 | $22.15 |
| Median (P50)(typical) | $63,785 | $30.66 |
| Upper Range (P75) | $81,645 | $39.25 |
| Top Earners (P90) | $98,866 | $47.53 |
Median Salary Position
18.95% above the national average
2026 Salary Percentile Distribution in Elk Grove
In Elk Grove, CA, the real estate agent salary spread from the 10th to 90th percentile is $61,661 (2026 est.). At $63,785, the local median is 18.95% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Elk Grove: You'd be in the lower-middle range
How Elk Grove Real Estate Agent Pay Compares
Elk Grove median: $63,785/year (2026)
| Compared To | Median Salary | Elk Grove Pays |
|---|---|---|
| California Average | $62,842 | +1.50% more |
| National Average | $53,622 | +18.95% more |
Real Estate Agents in Elk Grove, CA earn a median of $63,785 per year (2026 est.), which is 18.95% higher than the national median of $53,622 and 1.50% above the California state average of $62,842.
Cost-of-Living Adjusted Salary
Elk Grove has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Elk Grove, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $63,785 is competitive, the higher cost of living reduces purchasing power to an effective $56,397 — a 11.58% reduction.
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2019 BLS Actual
$58,203
2025 BLS Actual
$62,842
2026 Current Est.
$63,785
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Elk Grove (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,203 | Actual |
| 2020 | $58,334 | Actual |
| 2021 | $57,501 | Actual |
| 2022 | $59,452 | Actual |
| 2023 | $64,591 | Actual |
| 2024 | $105,635 | Actual |
| 2025 | $62,842 | Actual |
| 2026(current) | $63,785 | Estimated |
| 2027 | $64,741 | Projected |
Based on 7 years of BLS OEWS data for the Elk Grove metropolitan area, the median real estate agent salary grew 8.0% from $58,203 (2019) to $62,842 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $64,741 by 2027 — a total increase of $6,538 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Elk Grove 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $37,205 – $46,063 |
| 3-5 years (Mid Career) | $46,063 – $63,785 |
| 5+ years (Experienced) | $63,785 – $81,645 |
| 10+ years (Top Earner) | $81,645 – $98,866 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Elk Grove
With only 25 real estate agents currently employed in Elk Grove, the local job market remains competitive, yet manageable for newcomers seeking entry. The cost of living index stands at 113.1, indicating that while salaries are relatively high, the increased costs associated with housing and daily expenses can impact take-home pay. Among the local firms, national brokerages such as Keller Williams and RE/MAX often provide the highest compensation, influenced by their resources and brand recognition. However, independent brokerages and specialty firms may also offer appealing commission structures tailored to niche markets, including luxury and commercial properties. Agents must strategically navigate commission splits, team dynamics, and client relationships, particularly in light of the upcoming changes following the 2024 NAR commission settlement. To maximize earnings, real estate professionals in Elk Grove should focus on building a strong referral network and considering team membership, which can provide shared resources and lead to higher transaction volumes.
More salary data for Elk Grove, CA:
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $62,842 for real estate agentsin the Elk Grove metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Elk Grove 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