Real Estate Agent Salary in Peabody, MA: $92,861 (2026)
Quick Answer:A full-time real estate agent in Peabody, MA earns a median $92,861/year (≈ $44.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Peabody's price level (9% above national, BEA RPP 108.5), that paycheck buys what $85,586 would nationally. Nominal pay sits 0.1% above the Massachusetts state average.
Based on BLS state-level estimates · View source
In Peabody, Massachusetts, real estate agents earn a median annual salary of $92,861 in 2026, reflecting a significant 73.18% increase over the national median of $53,622 for the same year. The salary range spans from $56,223 at the 10th percentile to $143,935 at the 90th percentile, illustrating the variability in earnings based on experience, specialization, and brokerage type. These figures are derived from state-level data provided by the Bureau of Labor Statistics, adjusted for the locally relevant cost of living. With 8 real estate agents currently employed in Peabody, the job market is tightly knit, emphasizing the impact that team structure versus solo practice can have on individual earnings potential.
About the Peabody Market
Salary estimated from Massachusetts average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,223 | $27.03 |
| Lower Range (P25) | $71,927 | $34.58 |
| Median (P50)(typical) | $92,861 | $44.65 |
| Upper Range (P75) | $118,863 | $57.14 |
| Top Earners (P90) | $143,935 | $69.20 |
Median Salary Position
73.18% above the national average
2026 Salary Percentile Distribution in Peabody
In Peabody, MA, the real estate agent salary spread from the 10th to 90th percentile is $87,712 (2026 est.). At $92,861, the local median is 73.18% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Peabody: You'd be in the lower-middle range
How Peabody Real Estate Agent Pay Compares
Peabody median: $92,861/year (2026)
| Compared To | Median Salary | Peabody Pays |
|---|---|---|
| Massachusetts Average | $92,769 | +0.10% more |
| National Average | $53,622 | +73.18% more |
Real Estate Agents in Peabody, MA earn a median of $92,861 per year (2026 est.), which is 73.18% higher than the national median of $53,622 and 0.10% above the Massachusetts state average of $92,769.
Cost-of-Living Adjusted Salary
Peabody has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Peabody, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $92,861 is competitive, the higher cost of living reduces purchasing power to an effective $85,586 — a 7.83% reduction.
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2019 BLS Actual
$84,735
2025 BLS Actual
$91,489
2026 Current Est.
$92,861
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Peabody (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $84,735 | Actual |
| 2020 | $84,926 | Actual |
| 2021 | $83,713 | Actual |
| 2022 | $86,553 | Actual |
| 2023 | $94,035 | Actual |
| 2024 | $95,573 | Actual |
| 2025 | $91,489 | Actual |
| 2026(current) | $92,861 | Estimated |
| 2027 | $94,254 | Projected |
Based on 7 years of BLS OEWS data for the Peabody metropolitan area, the median real estate agent salary grew 8.0% from $84,735 (2019) to $91,489 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $94,254 by 2027 — a total increase of $9,519 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Peabody 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) | $56,223 – $71,927 |
| 3-5 years (Mid Career) | $71,927 – $92,861 |
| 5+ years (Experienced) | $92,861 – $118,863 |
| 10+ years (Top Earner) | $118,863 – $143,935 |
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 Peabody
While Peabody’s cost of living index is notably above the national average at 108.5, it shapes the effective purchasing power of agents in the area. Local employers such as Keller Williams and RE/MAX often provide competitive commission splits that can significantly affect take-home pay. The spread in earnings can largely be attributed to factors like transaction volume, commission structures, and agents’ affiliations with teams or luxury markets. Additionally, the evolving commission landscape following the 2024 NAR settlement may further influence real estate agent pay in Peabody, emphasizing the importance of adaptability in this market. Agents looking to maximize earnings should consider aligning with high-performing teams, specializing in lucrative segments like commercial or luxury properties, and enhancing their referral networks to elevate their business success.
More salary data for Peabody, MA:
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 $91,489 for real estate agentsin the Peabody 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 Peabody 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