Real Estate Agent Salary in Somerville, MA: $94,037 (2026)
Quick Answer:A full-time real estate agent in Somerville, MA earns a median $94,037/year (≈ $45.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Somerville's price level (9% above national, BEA RPP 108.5), that paycheck buys what $86,670 would nationally. Nominal pay sits 1.4% above the Massachusetts state average.
Based on BLS state-level estimates · View source
A competitive real estate agent salary in Somerville, Massachusetts is projected to reach $94,037 in 2026, significantly higher than the national median of $53,622. This local salary reflects a range from $58,861 at the 10th percentile to $145,757 at the 90th percentile, showcasing the diverse earning potential based on experience and expertise. The estimates derived from 2025 BLS data and regional price adjustments indicate that agents working in teams often have greater earning capacity, particularly in this vibrant market, compared to solo operators or those in commercial brokerage settings. These dynamics in the local real estate industry point to a robust job market for agents navigating increasingly competitive landscapes.
About the Somerville Market
Salary estimated from Massachusetts average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,861 | $28.30 |
| Lower Range (P25) | $70,698 | $33.99 |
| Median (P50)(typical) | $94,037 | $45.21 |
| Upper Range (P75) | $120,367 | $57.87 |
| Top Earners (P90) | $145,757 | $70.08 |
Median Salary Position
75.37% above the national average
2026 Salary Percentile Distribution in Somerville
In Somerville, MA, the real estate agent salary spread from the 10th to 90th percentile is $86,896 (2026 est.). At $94,037, the local median is 75.37% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Somerville: You'd be in the lower-middle range
How Somerville Real Estate Agent Pay Compares
Somerville median: $94,037/year (2026)
| Compared To | Median Salary | Somerville Pays |
|---|---|---|
| Massachusetts Average | $92,738 | +1.40% more |
| National Average | $53,622 | +75.37% more |
Real Estate Agents in Somerville, MA earn a median of $94,037 per year (2026 est.), which is 75.37% higher than the national median of $53,622 and 1.40% above the Massachusetts state average of $92,738.
Cost-of-Living Adjusted Salary
Somerville has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Somerville, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $94,037 is competitive, the higher cost of living reduces purchasing power to an effective $86,670 — a 7.83% reduction.
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2019 BLS Actual
$85,808
2025 BLS Actual
$92,647
2026 Current Est.
$94,037
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Somerville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $85,808 | Actual |
| 2020 | $86,001 | Actual |
| 2021 | $84,773 | Actual |
| 2022 | $87,649 | Actual |
| 2023 | $95,225 | Actual |
| 2024 | $96,782 | Actual |
| 2025 | $92,647 | Actual |
| 2026(current) | $94,037 | Estimated |
| 2027 | $95,447 | Projected |
Based on 7 years of BLS OEWS data for the Somerville metropolitan area, the median real estate agent salary grew 8.0% from $85,808 (2019) to $92,647 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $95,447 by 2027 — a total increase of $9,639 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Somerville 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) | $58,861 – $70,698 |
| 3-5 years (Mid Career) | $70,698 – $94,037 |
| 5+ years (Experienced) | $94,037 – $120,367 |
| 10+ years (Top Earner) | $120,367 – $145,757 |
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 Somerville
Within Somerville, approximately 20 real estate agents are currently employed, underscoring a niche yet dynamic market where costs of living are slightly above the national average, reflected by a cost-of-living index of 108.5. This adjustment impacts overall take-home pay and purchasing power, making it crucial for agents to align with the right brokerage. National franchises like Keller Williams and Coldwell Banker tend to offer more structured commission splits benefiting higher-performing agents, while luxury firms and specialized team-based operations may drive even heftier commissions. Variations in pay results stem from numerous factors: transaction volumes, average home sale prices, and the increasingly competitive commission patterns in the wake of the post-2024 NAR settlement. For agents looking to maximize their earnings in Somerville, building a strong referral network and considering team affiliations can significantly enhance their fiscal outcomes in this evolving market.
More salary data for Somerville, 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 $92,647 for real estate agentsin the Somerville 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 Somerville 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