Real Estate Agent Salary in Redwood City, CA: $61,456 (2026)
Quick Answer:A full-time real estate agent in Redwood City, CA earns a median $61,456/year (≈ $29.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Redwood City's price level (13% above national, BEA RPP 113.1), that paycheck buys what $54,338 would nationally. Nominal pay sits 2.2% below the California state average.
Based on BLS state-level estimates · View source
In 2026, the median annual salary for real estate agents in Redwood City, California, stands at $61,456, surpassing the national median of $53,622 by over 14%. With a salary range from $39,797 at the 10th percentile to $95,257 at the 90th percentile, compensation mirrors the local real estate dynamics characterized by high transaction volumes and significant average property prices. Estimates derived from state-level BLS data consider regional price adjustments, which factor in the thriving market conditions of Redwood City. Such economic elements shape not only overall compensation but also the earning potential of agents, infusing local agents with opportunities to capitalize on their skill sets effectively.
About the Redwood City Market
Salary estimated from California average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $39,797 | $19.13 |
| Lower Range (P25) | $45,902 | $22.07 |
| Median (P50)(typical) | $61,456 | $29.55 |
| Upper Range (P75) | $78,664 | $37.82 |
| Top Earners (P90) | $95,257 | $45.80 |
Median Salary Position
14.61% above the national average
2026 Salary Percentile Distribution in Redwood City
In Redwood City, CA, the real estate agent salary spread from the 10th to 90th percentile is $55,460 (2026 est.). At $61,456, the local median is 14.61% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Redwood City: You'd be in the lower-middle range
How Redwood City Real Estate Agent Pay Compares
Redwood City median: $61,456/year (2026)
| Compared To | Median Salary | Redwood City Pays |
|---|---|---|
| California Average | $62,839 | -2.20% less |
| National Average | $53,622 | +14.61% more |
Real Estate Agents in Redwood City, CA earn a median of $61,456 per year (2026 est.), which is 14.61% higher than the national median of $53,622 and 2.20% below the California state average of $62,839.
Cost-of-Living Adjusted Salary
Redwood City has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Redwood City, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $61,456 is competitive, the higher cost of living reduces purchasing power to an effective $54,338 — a 11.58% reduction.
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2019 BLS Actual
$56,078
2025 BLS Actual
$60,548
2026 Current Est.
$61,456
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Redwood City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $56,078 | Actual |
| 2020 | $56,204 | Actual |
| 2021 | $55,402 | Actual |
| 2022 | $57,282 | Actual |
| 2023 | $62,233 | Actual |
| 2024 | $101,779 | Actual |
| 2025 | $60,548 | Actual |
| 2026(current) | $61,456 | Estimated |
| 2027 | $62,378 | Projected |
Based on 7 years of BLS OEWS data for the Redwood City metropolitan area, the median real estate agent salary grew 8.0% from $56,078 (2019) to $60,548 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $62,378 by 2027 — a total increase of $6,300 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Redwood City 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) | $39,797 – $45,902 |
| 3-5 years (Mid Career) | $45,902 – $61,456 |
| 5+ years (Experienced) | $61,456 – $78,664 |
| 10+ years (Top Earner) | $78,664 – $95,257 |
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 Redwood City
Currently, there are only 13 real estate agents employed in Redwood City, indicating a niche yet potentially lucrative market. The cost-of-living index of 113.1 suggests that living expenses in the area exceed the national average, impacting real estate agent pay in Redwood City CA significantly. High-earning potential is often tethered to agents operating within established national brokerages like Keller Williams or Century 21, as these firms usually offer more resources and training compared to smaller, local operations. Notably, the compensation range can vary greatly depending on factors such as transaction volume, the average sale price of properties, and commission splits with brokerages. To maximize their pay, agents should consider joining high-performing teams within franchises or exploring luxury property markets where commissions tend to be higher. With the anticipated effects of the post-2024 NAR commission settlement changing the commission structure, real estate professionals must adapt their strategies to maintain and enhance their income potential in this evolving landscape.
More salary data for Redwood City, 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 $60,548 for real estate agentsin the Redwood City 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 Redwood City 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