Real Estate Agent Salary in Kokomo, IN: $48,304 (2026)
Quick Answer:A full-time real estate agent in Kokomo, IN earns a median $48,304/year (≈ $23.22/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Kokomo's price level (9% below national, BEA RPP 91.3), that paycheck buys what $52,907 would nationally. Nominal pay sits 1.5% below the Indiana state average.
Based on BLS state-level estimates · View source
In Kokomo, Indiana, the 2026 median annual salary for real estate agents is projected to reach $48,304, showcasing a modest variance from the national level, which stands at $53,622. This local estimate reflects earnings set against a salary range stretching from $31,855 at the lower tenth percentile to $74,871 at the upper ninetieth percentile. Factors such as industry structure greatly influence these figures; agents in team settings may benefit from shared resources and overlapping client networks, while solo agents might operate in a more competitive environment, risking wider income variances. For agents in Kokomo, understanding the dynamics of the local market is crucial, as determination between team versus solo operations can significantly impact overall compensation.
About the Kokomo Market
Salary estimated from Indiana average ($55,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $31,855 | $15.32 |
| Lower Range (P25) | $37,530 | $18.05 |
| Median (P50)(typical) | $48,304 | $23.22 |
| Upper Range (P75) | $61,829 | $29.73 |
| Top Earners (P90) | $74,871 | $35.99 |
Median Salary Position
9.92% below the national average
2026 Salary Percentile Distribution in Kokomo
In Kokomo, IN, the real estate agent salary spread from the 10th to 90th percentile is $43,016 (2026 est.). At $48,304, the local median is 9.92% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Kokomo: You'd be in the lower-middle range
How Kokomo Real Estate Agent Pay Compares
Kokomo median: $48,304/year (2026)
| Compared To | Median Salary | Kokomo Pays |
|---|---|---|
| Indiana Average | $49,039 | -1.50% less |
| National Average | $53,622 | -9.92% less |
Real Estate Agents in Kokomo, IN earn a median of $48,304 per year (2026 est.), which is 9.92% lower than the national median of $53,622 and 1.50% below the Indiana state average of $49,039.
Cost-of-Living Adjusted Salary
Kokomo 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.
Kokomo, IN has a cost-of-living index of 91.3 (below the national average of 100). A real estate agent earning $48,304 nominally has purchasing power equivalent to $52,907 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$44,077
2025 BLS Actual
$47,590
2026 Current Est.
$48,304
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Kokomo (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $44,077 | Actual |
| 2020 | $44,176 | Actual |
| 2021 | $43,545 | Actual |
| 2022 | $45,023 | Actual |
| 2023 | $48,914 | Actual |
| 2024 | $49,456 | Actual |
| 2025 | $47,590 | Actual |
| 2026(current) | $48,304 | Estimated |
| 2027 | $49,028 | Projected |
Based on 7 years of BLS OEWS data for the Kokomo metropolitan area, the median real estate agent salary grew 8.0% from $44,077 (2019) to $47,590 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $49,028 by 2027 — a total increase of $4,951 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Kokomo 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) | $31,855 – $37,530 |
| 3-5 years (Mid Career) | $37,530 – $48,304 |
| 5+ years (Experienced) | $48,304 – $61,829 |
| 10+ years (Top Earner) | $61,829 – $74,871 |
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 Kokomo
With 13 active real estate agents employed in the Kokomo area, job opportunities are relatively limited, yet the local cost of living index, at 91.3, suggests that agents benefit from a more affordable lifestyle relative to national averages. This advantageous cost of living enhances purchasing power, allowing agents to retain a larger portion of their earnings. Among local employers, national franchises like Keller Williams and RE/MAX are among the highest-paying, while local independent brokerages and discount firms might offer varying compensation structures driven by transaction volume and sales commissions. The significant pay disparity among agents is largely influenced by their ability to close deals and their experience level, compounded by changes resulting from the post-2024 NAR commission settlement. To maximize earnings, Kokomo agents should consider aligning with high-yield brokerages and harnessing referral networks, while also exploring specialty markets such as luxury properties where commission potential tends to be higher.
More salary data for Kokomo, IN:
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 $47,590 for real estate agentsin the Kokomo 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 Kokomo 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