Real Estate Agent Salary in Silver Spring, MD: $57,111 (2026)
Quick Answer:A full-time real estate agent in Silver Spring, MD earns a median $57,111/year (≈ $27.46/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Silver Spring's price level (9% above national, BEA RPP 109.3), that paycheck buys what $52,252 would nationally. Nominal pay sits 2.6% below the Maryland state average.
Based on BLS state-level estimates · View source
In Silver Spring, Maryland, the projected annual salary for a real estate agent in 2026 stands at $57,111, which reflects a slight premium compared to the national median of $53,622. This salary illustrates the nuanced dynamics of the local market, where agents can earn between $36,698 and $88,522 depending on their experience and structural choices. The local estimates are adjusted based on cost of living and other factors relatable to the Silver Spring area, which has a higher cost of living index at 109.3. Agents operating as part of teams or commercial brokers may find distinct differences in compensation owing to varied commission structures. Understanding these influences is key when evaluating the overall potential for earnings in this vibrant market.
About the Silver Spring Market
Salary estimated from Maryland average ($72,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $36,698 | $17.64 |
| Lower Range (P25) | $43,649 | $20.99 |
| Median (P50)(typical) | $57,111 | $27.46 |
| Upper Range (P75) | $73,102 | $35.15 |
| Top Earners (P90) | $88,522 | $42.56 |
Median Salary Position
6.51% above the national average
2026 Salary Percentile Distribution in Silver Spring
In Silver Spring, MD, the real estate agent salary spread from the 10th to 90th percentile is $51,824 (2026 est.). At $57,111, the local median is 6.51% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Silver Spring: You'd be in the lower-middle range
How Silver Spring Real Estate Agent Pay Compares
Silver Spring median: $57,111/year (2026)
| Compared To | Median Salary | Silver Spring Pays |
|---|---|---|
| Maryland Average | $58,636 | -2.60% less |
| National Average | $53,622 | +6.51% more |
Real Estate Agents in Silver Spring, MD earn a median of $57,111 per year (2026 est.), which is 6.51% higher than the national median of $53,622 and 2.60% below the Maryland state average of $58,636.
Cost-of-Living Adjusted Salary
Silver Spring has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Silver Spring, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $57,111 is competitive, the higher cost of living reduces purchasing power to an effective $52,252 — a 8.51% reduction.
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2019 BLS Actual
$52,113
2025 BLS Actual
$56,267
2026 Current Est.
$57,111
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Silver Spring (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $52,113 | Actual |
| 2020 | $52,230 | Actual |
| 2021 | $51,485 | Actual |
| 2022 | $53,232 | Actual |
| 2023 | $57,833 | Actual |
| 2024 | $76,684 | Actual |
| 2025 | $56,267 | Actual |
| 2026(current) | $57,111 | Estimated |
| 2027 | $57,968 | Projected |
Based on 7 years of BLS OEWS data for the Silver Spring metropolitan area, the median real estate agent salary grew 8.0% from $52,113 (2019) to $56,267 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $57,968 by 2027 — a total increase of $5,855 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Silver Spring 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) | $36,698 – $43,649 |
| 3-5 years (Mid Career) | $43,649 – $57,111 |
| 5+ years (Experienced) | $57,111 – $73,102 |
| 10+ years (Top Earner) | $73,102 – $88,522 |
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 Silver Spring
The job market for real estate agents in Silver Spring offers a competitive environment, with 12 professionals currently employed in the area. However, the cost of living does impact take-home pay, making the understanding of salary distribution essential. Among employers, national franchise brokerages like Keller Williams and RE/MAX typically offer higher commission splits compared to local independents. Agents looking to maximize their income should consider joining teams within these franchises, where shared commissions can yield significant benefits. Additionally, the ongoing shifts in commission structures post-2024 affect income potential; specialists focusing on luxury or commercial real estate often enjoy higher sale prices and transaction volumes. Combining these insights with an aggressive approach to building a robust referral network can substantially enhance how much real estate agents make in Silver Spring.
More salary data for Silver Spring, MD:
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 $56,267 for real estate agentsin the Silver Spring 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 Silver Spring 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