Real Estate Agent Salary in Hammond, IN: $47,706 (2026)
Quick Answer:A full-time real estate agent in Hammond, IN earns a median $47,706/year (≈ $22.94/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Hammond's price level (9% below national, BEA RPP 91.3), that paycheck buys what $52,252 would nationally. Nominal pay sits 2.7% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual salary for real estate agents in Hammond, Indiana, stands at $47,706. This figure reflects a challenging local market where compensation lags behind the national median of $53,622, representing a gap of over 11%. The salary range for agents varies significantly, from $30,471 at the 10th percentile to $73,945 at the 90th percentile. These estimates, derived from 2025 BLS state-level data and regional price adjustments, highlight the impact of the post-2024 NAR commission structure changes on earnings. As agents navigate this revised landscape, understanding local dynamics becomes increasingly vital to succeed within Hammond's real estate market.
About the Hammond Market
Salary estimated from Indiana average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,471 | $14.65 |
| Lower Range (P25) | $36,360 | $17.48 |
| Median (P50)(typical) | $47,706 | $22.94 |
| Upper Range (P75) | $61,063 | $29.35 |
| Top Earners (P90) | $73,945 | $35.56 |
Median Salary Position
11.03% below the national average
2026 Salary Percentile Distribution in Hammond
In Hammond, IN, the real estate agent salary spread from the 10th to 90th percentile is $43,474 (2026 est.). At $47,706, the local median is 11.03% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Hammond: You'd be in the lower-middle range
How Hammond Real Estate Agent Pay Compares
Hammond median: $47,706/year (2026)
| Compared To | Median Salary | Hammond Pays |
|---|---|---|
| Indiana Average | $49,030 | -2.70% less |
| National Average | $53,622 | -11.03% less |
Real Estate Agents in Hammond, IN earn a median of $47,706 per year (2026 est.), which is 11.03% lower than the national median of $53,622 and 2.70% below the Indiana state average of $49,030.
Cost-of-Living Adjusted Salary
Hammond has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hammond, IN has a cost-of-living index of 91.3 (below the national average of 100). A real estate agent earning $47,706 nominally has purchasing power equivalent to $52,252 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$43,531
2025 BLS Actual
$47,001
2026 Current Est.
$47,706
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Hammond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,531 | Actual |
| 2020 | $43,629 | Actual |
| 2021 | $43,006 | Actual |
| 2022 | $44,465 | Actual |
| 2023 | $48,309 | Actual |
| 2024 | $48,844 | Actual |
| 2025 | $47,001 | Actual |
| 2026(current) | $47,706 | Estimated |
| 2027 | $48,422 | Projected |
Based on 7 years of BLS OEWS data for the Hammond metropolitan area, the median real estate agent salary grew 8.0% from $43,531 (2019) to $47,001 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,422 by 2027 — a total increase of $4,891 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hammond 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) | $30,471 – $36,360 |
| 3-5 years (Mid Career) | $36,360 – $47,706 |
| 5+ years (Experienced) | $47,706 – $61,063 |
| 10+ years (Top Earner) | $61,063 – $73,945 |
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 Hammond
With 20 real estate agents currently employed in the area, Hammond's job market is relatively modest. The local cost-of-living index, which is 91.3, suggests that agents’ earnings have more purchasing power compared to the national average. National franchise brokerages like Keller Williams and RE/MAX tend to offer higher salaries, while local independent firms may feature different commission structures that can impact take-home pay. The spread between lower and higher compensation largely stems from factors such as transaction volume, average sale price, and specific commission splits with brokerages. Agents specializing in luxury or commercial real estate typically earn more due to the larger transactions involved. To maximize pay in Hammond, agents should concentrate on building a strong referral network and consider the benefits of working in teams, which can provide additional support and opportunities for higher commissions post-NAR settlement.
More salary data for Hammond, IN:
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
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 $47,001 for real estate agentsin the Hammond 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 Hammond 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