Real Estate Agent Salary in Hobart, IN: $47,100 (2026)
Quick Answer:A full-time real estate agent in Hobart, IN earns a median $47,100/year (≈ $22.64/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Hobart's price level (9% below national, BEA RPP 91.3), that paycheck buys what $51,588 would nationally. Nominal pay sits 4.0% below the Indiana state average.
Based on BLS state-level estimates · View source
Real estate professionals in Hobart, Indiana, can anticipate a projected median annual salary of $47,100 in 2026, which is lower than the national median of $53,622. Salaries for real estate agents vary significantly, with a range between $31,450 at the 10th percentile to $73,005 at the 90th percentile. The local estimates, derived from 2025 BLS data and adjusted for cost of living, reflect the dynamics of the real estate market in this city. Agents who choose to work as part of a team often experience different pay structures compared to those who operate as solo practitioners or within commercial brokerage firms. Understanding these distinctions is vital when evaluating the potential for income in Hobart's real estate sector.
About the Hobart Market
Salary estimated from Indiana average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $31,450 | $15.12 |
| Lower Range (P25) | $35,835 | $17.22 |
| Median (P50)(typical) | $47,100 | $22.64 |
| Upper Range (P75) | $60,288 | $28.99 |
| Top Earners (P90) | $73,005 | $35.10 |
Median Salary Position
12.16% below the national average
2026 Salary Percentile Distribution in Hobart
In Hobart, IN, the real estate agent salary spread from the 10th to 90th percentile is $41,555 (2026 est.). At $47,100, the local median is 12.16% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Hobart: You'd be in the lower-middle range
How Hobart Real Estate Agent Pay Compares
Hobart median: $47,100/year (2026)
| Compared To | Median Salary | Hobart Pays |
|---|---|---|
| Indiana Average | $49,063 | -4.00% less |
| National Average | $53,622 | -12.16% less |
Real Estate Agents in Hobart, IN earn a median of $47,100 per year (2026 est.), which is 12.16% lower than the national median of $53,622 and 4.00% below the Indiana state average of $49,063.
Cost-of-Living Adjusted Salary
Hobart 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.
Hobart, IN has a cost-of-living index of 91.3 (below the national average of 100). A real estate agent earning $47,100 nominally has purchasing power equivalent to $51,588 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$42,978
2025 BLS Actual
$46,404
2026 Current Est.
$47,100
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Hobart (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,978 | Actual |
| 2020 | $43,075 | Actual |
| 2021 | $42,460 | Actual |
| 2022 | $43,901 | Actual |
| 2023 | $47,695 | Actual |
| 2024 | $48,223 | Actual |
| 2025 | $46,404 | Actual |
| 2026(current) | $47,100 | Estimated |
| 2027 | $47,807 | Projected |
Based on 7 years of BLS OEWS data for the Hobart metropolitan area, the median real estate agent salary grew 8.0% from $42,978 (2019) to $46,404 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,807 by 2027 — a total increase of $4,829 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hobart 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) | $31,450 – $35,835 |
| 3-5 years (Mid Career) | $35,835 – $47,100 |
| 5+ years (Experienced) | $47,100 – $60,288 |
| 10+ years (Top Earner) | $60,288 – $73,005 |
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 Hobart
The employment landscape for real estate agents in Hobart is modest, with only seven agents reported in the area. Adjusted for local cost of living—reflected in a cost-of-living index of 91.3—this means that agents may find their purchasing power slightly enhanced despite lower salaries compared to their national counterparts. Among potential employers, national franchise brokerages like Keller Williams and Coldwell Banker typically offer competitive pay structures while independent firms might provide greater commission flexibility. Factors such as transaction volume, average sale price, and commission splits with brokerages can significantly influence earnings. To maximize income potential in this particular market, agents should focus on developing a robust referral network, consider joining successful listing teams, and be strategic about their marketing efforts—especially in light of the changes set by the post-2024 NAR commission structure that reshapes funding sources in the industry.
More salary data for Hobart, 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 $46,404 for real estate agentsin the Hobart 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 Hobart 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