Real Estate Agent Salary in Waukee, IA: $46,377 (2026)
Quick Answer:A full-time real estate agent in Waukee, IA earns a median $46,377/year (≈ $22.30/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Waukee's price level (10% below national, BEA RPP 90.4), that paycheck buys what $51,302 would nationally. Nominal pay sits 4.3% below the Iowa state average.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Waukee, Iowa, can expect a median annual salary of $46,377, reflecting local market conditions and the regional cost of living. Those in the lowest earning bracket may find themselves making around $30,200, while the top earners can expect up to $71,885 annually. This pay range highlights the variation in compensation that can result from factors such as team versus solo agent structures and whether agents operate within national franchise brokerages or local independents. Given the competitive nature of the real estate market in Waukee, agents must strategically navigate these structural choices to optimize their earnings, particularly in a town where the demand for knowledgeable professionals remains robust.
About the Waukee Market
Salary estimated from Iowa average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,200 | $14.51 |
| Lower Range (P25) | $35,613 | $17.12 |
| Median (P50)(typical) | $46,377 | $22.30 |
| Upper Range (P75) | $59,363 | $28.54 |
| Top Earners (P90) | $71,885 | $34.56 |
Median Salary Position
13.51% below the national average
2026 Salary Percentile Distribution in Waukee
In Waukee, IA, the real estate agent salary spread from the 10th to 90th percentile is $41,685 (2026 est.). At $46,377, the local median is 13.51% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Waukee: You'd be in the lower-middle range
How Waukee Real Estate Agent Pay Compares
Waukee median: $46,377/year (2026)
| Compared To | Median Salary | Waukee Pays |
|---|---|---|
| Iowa Average | $48,461 | -4.30% less |
| National Average | $53,622 | -13.51% less |
Real Estate Agents in Waukee, IA earn a median of $46,377 per year (2026 est.), which is 13.51% lower than the national median of $53,622 and 4.30% below the Iowa state average of $48,461.
Cost-of-Living Adjusted Salary
Waukee has a cost of living 9.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Waukee, IA has a cost-of-living index of 90.4 (below the national average of 100). A real estate agent earning $46,377 nominally has purchasing power equivalent to $51,302 in an average-cost city — an effective 10.62% boost.
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2019 BLS Actual
$42,319
2025 BLS Actual
$45,692
2026 Current Est.
$46,377
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Waukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,319 | Actual |
| 2020 | $42,414 | Actual |
| 2021 | $41,809 | Actual |
| 2022 | $43,227 | Actual |
| 2023 | $46,963 | Actual |
| 2024 | $50,163 | Actual |
| 2025 | $45,692 | Actual |
| 2026(current) | $46,377 | Estimated |
| 2027 | $47,073 | Projected |
Based on 7 years of BLS OEWS data for the Waukee metropolitan area, the median real estate agent salary grew 8.0% from $42,319 (2019) to $45,692 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,073 by 2027 — a total increase of $4,754 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Waukee 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) | $30,200 – $35,613 |
| 3-5 years (Mid Career) | $35,613 – $46,377 |
| 5+ years (Experienced) | $46,377 – $59,363 |
| 10+ years (Top Earner) | $59,363 – $71,885 |
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 Waukee
The local real estate market in Waukee is characterized by a modest level of competition, with only four licensed agents currently active. The cost of living index at 90.4 indicates that housing expenses are below the national average, allowing real estate professionals slightly more purchasing power. Although local independent brokerages often offer more flexible commission structures, national franchises like Keller Williams and RE/MAX may provide higher potential earnings due to their established brand value and marketing support. Factors such as transaction volume, average sale price, and commission splits strongly influence earning potential. With the commission structures evolving after the post-2024 NAR settlement, agents must leverage networking opportunities and consider team membership or specialty markets, such as luxury or commercial real estate, to maximize their pay in Waukee, IA.
More salary data for Waukee, IA:
Frequently Asked Questions
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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 $45,692 for real estate agentsin the Waukee 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 Waukee 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