Real Estate Agent Salary in Davenport, IA: $47,685 (2026)
Quick Answer:A full-time real estate agent in Davenport, IA earns a median $47,685/year (≈ $22.93/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Davenport's price level (11% below national, BEA RPP 89.1), that paycheck buys what $53,531 would nationally. Nominal pay sits 1.6% below the Iowa state average.
Official BLS data · View source
In Davenport, IA, the competitive nature of the real estate market is reflected in the projected median annual salary of $47,685 for real estate agents in 2026. This figure is notably below the national median of $53,622, highlighting the different economic dynamics at play in the local market. The salary range for agents spans from $31,668 at the lowest 10th percentile to an impressive $103,550 at the 90th percentile. These statistics, derived from official BLS OEWS surveys, indicate that while many agents may earn modestly, there exists significant earning potential for those who successfully tap into high-volume transactions and favorable property sale prices. The effective hourly compensation for agents, estimated at $22.93, emphasizes how transaction volume and sale prices can directly impact overall earnings.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $31,668 | $15.22 |
| Lower Range (P25) | $34,419 | $16.54 |
| Median (P50)(typical) | $47,685 | $22.93 |
| Upper Range (P75) | $83,859 | $40.32 |
| Top Earners (P90) | $103,550 | $49.79 |
Median Salary Position
11.07% below the national average
2026 Salary Percentile Distribution in Davenport
In Davenport, IA, the real estate agent salary spread from the 10th to 90th percentile is $71,882 (2026 est.). At $47,685, the local median is 11.07% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Davenport: You'd be in the entry-level range
How Davenport Real Estate Agent Pay Compares
Davenport median: $47,685/year (2026)
| Compared To | Median Salary | Davenport Pays |
|---|---|---|
| Iowa Average | $48,460 | -1.60% less |
| National Average | $53,622 | -11.07% less |
Real Estate Agents in Davenport, IA earn a median of $47,685 per year (2026 est.), which is 11.07% lower than the national median of $53,622 and 1.60% below the Iowa state average of $48,460.
Cost-of-Living Adjusted Salary
Davenport has a cost of living 10.92% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Davenport, IA has a cost-of-living index of 89.079 (below the national average of 100). A real estate agent earning $47,685 nominally has purchasing power equivalent to $53,531 in an average-cost city — an effective 12.26% 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
$81,810
2025 BLS Actual
$46,980
2026 Current Est.
$47,685
2019–2027 Growth
+-40.8%
Salary Trajectory for Real Estate Agents in Davenport (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,810 | Actual |
| 2020 | $80,030 | Actual |
| 2021 | $48,290 | Actual |
| 2022 | $71,800 | Actual |
| 2023 | $72,450 | Actual |
| 2024 | $64,790 | Actual |
| 2025 | $46,980 | Actual |
| 2026(current) | $47,685 | Estimated |
| 2027 | $48,400 | Projected |
Based on 7 years of BLS OEWS data for the Davenport metropolitan area, the median real estate agent salary grew -42.6% from $81,810 (2019) to $46,980 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,400 by 2027 — a total increase of $-33,410 (-40.84%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Davenport 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) | $31,668 – $34,419 |
| 3-5 years (Mid Career) | $34,419 – $47,685 |
| 5+ years (Experienced) | $47,685 – $83,859 |
| 10+ years (Top Earner) | $83,859 – $103,550 |
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 Davenport
With about 80 real estate agents employed in Davenport, the local job market remains stable, but competition is fierce. The cost of living index in the area stands at 89.079, suggesting that agents may have a slightly higher purchasing power compared to national averages, allowing them to stretch their commission-based incomes further. Among the employers, national franchise brokerages like Keller Williams and RE/MAX often offer higher remuneration, but local independent firms also contribute significantly to the pay structure. To maximize earnings, agents should consider aligning with well-established brokerages that provide strong marketing support and favorable commission splits. Additionally, focusing on lucrative segments, such as luxury or commercial real estate, can be instrumental in navigating the salary spectrum. As changes from the 2024 NAR settlement reshape compensation structures, agents must stay informed about commission dynamics and consider building referral networks to enhance their income in Davenport’s evolving market.
More salary data for Davenport, IA:
Frequently Asked Questions
How much do real estate agents make in Davenport, IA in 2026?
Is Davenport, IA a good place to work as a real estate agent?
Can real estate agents make $100K in Davenport?
What is the cost-of-living adjusted real estate agent salary in Davenport?
How much does a real estate agent make per hour in Davenport?
Related Pages
Compare Salaries
Career Resources
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 $46,980 for real estate agentsin the Davenport 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