Real Estate Agent Salary in Boca Raton, FL: $47,674 (2026)
Quick Answer:A full-time real estate agent in Boca Raton, FL earns a median $47,674/year (≈ $22.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Boca Raton's price level (1% above national, BEA RPP 100.8), that paycheck buys what $47,296 would nationally. Nominal pay sits 0.2% below the Florida state average.
Based on BLS state-level estimates · View source
In the wake of the post-2024 NAR commission structure changes, real estate agents in Boca Raton, FL, can expect a median annual salary of $47,674 in 2026. This amount sits notably below the national median of $53,622, reflecting the local market dynamics and the significant shifts in commission structures that impact earnings. The projected salary range for agents spans from $28,608 at the lower end to $73,894 at the upper end, indicating the variability in potential earnings based on experience, sales volume, and the types of properties transacted. Local estimates derived from BLS state-level data, adjusted for regional price parities, suggest that Boca Raton presents both opportunities and challenges for agents navigating this evolving landscape.
About the Boca Raton Market
Salary estimated from Florida average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,608 | $13.75 |
| Lower Range (P25) | $34,917 | $16.79 |
| Median (P50)(typical) | $47,674 | $22.92 |
| Upper Range (P75) | $61,022 | $29.33 |
| Top Earners (P90) | $73,894 | $35.52 |
Median Salary Position
11.09% below the national average
2026 Salary Percentile Distribution in Boca Raton
In Boca Raton, FL, the real estate agent salary spread from the 10th to 90th percentile is $45,286 (2026 est.). At $47,674, the local median is 11.09% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Boca Raton: You'd be in the lower-middle range
How Boca Raton Real Estate Agent Pay Compares
Boca Raton median: $47,674/year (2026)
| Compared To | Median Salary | Boca Raton Pays |
|---|---|---|
| Florida Average | $47,769 | -0.20% less |
| National Average | $53,622 | -11.09% less |
Real Estate Agents in Boca Raton, FL earn a median of $47,674 per year (2026 est.), which is 11.09% lower than the national median of $53,622 and 0.20% below the Florida state average of $47,769.
Cost-of-Living Adjusted Salary
Boca Raton has a cost of living 0.80% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Boca Raton, FL has a cost-of-living index of 100.8 (above the national average of 100). While the nominal salary of $47,674 is competitive, the higher cost of living reduces purchasing power to an effective $47,296 — a 0.79% reduction.
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2019 BLS Actual
$43,502
2025 BLS Actual
$46,969
2026 Current Est.
$47,674
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Boca Raton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,502 | Actual |
| 2020 | $43,599 | Actual |
| 2021 | $42,977 | Actual |
| 2022 | $44,435 | Actual |
| 2023 | $48,276 | Actual |
| 2024 | $62,349 | Actual |
| 2025 | $46,969 | Actual |
| 2026(current) | $47,674 | Estimated |
| 2027 | $48,389 | Projected |
Based on 7 years of BLS OEWS data for the Boca Raton metropolitan area, the median real estate agent salary grew 8.0% from $43,502 (2019) to $46,969 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,389 by 2027 — a total increase of $4,887 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Boca Raton 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) | $28,608 – $34,917 |
| 3-5 years (Mid Career) | $34,917 – $47,674 |
| 5+ years (Experienced) | $47,674 – $61,022 |
| 10+ years (Top Earner) | $61,022 – $73,894 |
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 Boca Raton
The job market for real estate agents in Boca Raton is relatively stable, with around 17 agents currently employed in the area. However, the cost of living index of 100.8 indicates that housing and living expenses are slightly higher than the national average, impacting take-home purchasing power for agents. National franchise brokerages such as Keller Williams and RE/MAX tend to offer higher pay, but agents can also thrive in local independent firms or luxury specialty companies like Sotheby's that cater to affluent clientele. The disparity in income levels can often be attributed to transaction volume, commission splits with brokerages, and whether agents operate within teams or solo. To maximize earnings in this market, agents should focus on building a strong referral network, specializing in high-value transactions, and adapting to the latest commission structures resulting from the 2024 settlement, ensuring they are positioned for success in a competitive environment.
More salary data for Boca Raton, FL:
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 $46,969 for real estate agentsin the Boca Raton 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 Boca Raton 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