Real Estate Agent Salary in Indianapolis, IN: $47,583 (2026)
Quick Answer:A full-time real estate agent in Indianapolis, IN earns a median $47,583/year (≈ $22.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Indianapolis's price level (4% below national, BEA RPP 95.7), that paycheck buys what $49,723 would nationally. Nominal pay sits 3.0% below the Indiana state average.
Official BLS data · View source
Real estate agents in Indianapolis can expect a median annual salary of $47,583 in 2026, which is approximately 11.26% lower than the national median of $53,622. This compensation reflects the earning potential within a variety of structural choices, such as team-based operations versus solo agents or commercial brokers, where pay can significantly differ based on sales volume and specialization. Salary ranges from $28,664 at the lower end to $83,504 at the top, indicating that while the market offers solid earning potential, actual compensation varies widely. This data is derived from official BLS OEWS surveys, painting a picture of a competitive yet accessible real estate landscape in Indianapolis.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,664 | $13.78 |
| Lower Range (P25) | $39,615 | $19.05 |
| Median (P50)(typical) | $47,583 | $22.88 |
| Upper Range (P75) | $67,954 | $32.67 |
| Top Earners (P90) | $83,504 | $40.15 |
Median Salary Position
11.26% below the national average
2026 Salary Percentile Distribution in Indianapolis
In Indianapolis, IN, the real estate agent salary spread from the 10th to 90th percentile is $54,840 (2026 est.). At $47,583, the local median is 11.26% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Indianapolis: You'd be in the lower-middle range
How Indianapolis Real Estate Agent Pay Compares
Indianapolis median: $47,583/year (2026)
| Compared To | Median Salary | Indianapolis Pays |
|---|---|---|
| Indiana Average | $49,055 | -3.00% less |
| National Average | $53,622 | -11.26% less |
Real Estate Agents in Indianapolis, IN earn a median of $47,583 per year (2026 est.), which is 11.26% lower than the national median of $53,622 and 3.00% below the Indiana state average of $49,055.
Cost-of-Living Adjusted Salary
Indianapolis has a cost of living 4.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Indianapolis, IN has a cost-of-living index of 95.696 (below the national average of 100). A real estate agent earning $47,583 nominally has purchasing power equivalent to $49,723 in an average-cost city — an effective 4.5% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$45,010
2025 BLS Actual
$46,880
2026 Current Est.
$47,583
2019–2027 Growth
+7.3%
Salary Trajectory for Real Estate Agents in Indianapolis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $45,010 | Actual |
| 2020 | $43,790 | Actual |
| 2021 | $47,370 | Actual |
| 2022 | $50,070 | Actual |
| 2023 | $61,530 | Actual |
| 2024 | $60,610 | Actual |
| 2025 | $46,880 | Actual |
| 2026(current) | $47,583 | Estimated |
| 2027 | $48,297 | Projected |
Based on 7 years of BLS OEWS data for the Indianapolis metropolitan area, the median real estate agent salary grew 4.2% from $45,010 (2019) to $46,880 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,297 by 2027 — a total increase of $3,287 (7.30%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Indianapolis 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) | $28,664 – $39,615 |
| 3-5 years (Mid Career) | $39,615 – $47,583 |
| 5+ years (Experienced) | $47,583 – $67,954 |
| 10+ years (Top Earner) | $67,954 – $83,504 |
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 Indianapolis
The Indianapolis market employs around 1,920 real estate agents, contributing to a robust job environment within the sector. With a cost-of-living index of 95.696, agents find that their take-home pay stretches further compared to national averages. Key employers such as Keller Williams and RE/MAX often set the bar for higher wages, particularly for agents specializing in luxury properties or team-based listings. Factors influencing earnings include transaction volume, average sale prices, and commission structures; for example, an independent agent may earn a higher percentage on commissions compared to those at discount brokerages. To maximize income, agents should cultivate strong referral networks, consider joining teams for shared resources, and adapt their strategies in response to the upcoming changes from the post-2024 NAR commission structure. This dynamic landscape requires adaptability and proactive engagement for agents to effectively enhance their compensation in the Indianapolis real estate market.
More salary data for Indianapolis, IN:
Frequently Asked Questions
How much do real estate agents make in Indianapolis, IN in 2026?
Is Indianapolis, IN a good place to work as a real estate agent?
Can real estate agents make $100K in Indianapolis?
What is the cost-of-living adjusted real estate agent salary in Indianapolis?
How much does a real estate agent make per hour in Indianapolis?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Indiana
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 $46,880 for real estate agentsin the Indianapolis 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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