Real Estate Agent Salary in Springfield, MA: $93,560 (2026)
Quick Answer:A full-time real estate agent in Springfield, MA earns a median $93,560/year (≈ $44.98/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Springfield's price level (9% above national, BEA RPP 108.5), that paycheck buys what $86,230 would nationally. Nominal pay sits 0.9% above the Massachusetts state average.
Based on BLS state-level estimates · View source
In Springfield, Massachusetts, real estate agents are projected to earn a median annual salary of $93,560 in 2026, a figure significantly higher than the national median of $53,622. Salaries span from $54,265 at the lower end (P10) to $145,017 at the upper end (P90), highlighting the diverse earning potential based on factors like transaction volume and average sale price in the local market. As this is a competitive sector, agents can capitalize on Springfield's evolving real estate dynamics driven by its unique economic factors, including growing demand for residential and commercial properties. This monetary landscape suggests that effective hourly compensation, averaging approximately $44.98, is shaped by fluctuating pricing and commission structures prevalent in the area.
About the Springfield Market
Salary estimated from Massachusetts average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $54,265 | $26.09 |
| Lower Range (P25) | $70,357 | $33.83 |
| Median (P50)(typical) | $93,560 | $44.98 |
| Upper Range (P75) | $119,757 | $57.57 |
| Top Earners (P90) | $145,017 | $69.72 |
Median Salary Position
74.48% above the national average
2026 Salary Percentile Distribution in Springfield
In Springfield, MA, the real estate agent salary spread from the 10th to 90th percentile is $90,752 (2026 est.). At $93,560, the local median is 74.48% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Springfield: You'd be in the lower-middle range
How Springfield Real Estate Agent Pay Compares
Springfield median: $93,560/year (2026)
| Compared To | Median Salary | Springfield Pays |
|---|---|---|
| Massachusetts Average | $92,725 | +0.90% more |
| National Average | $53,622 | +74.48% more |
Real Estate Agents in Springfield, MA earn a median of $93,560 per year (2026 est.), which is 74.48% higher than the national median of $53,622 and 0.90% above the Massachusetts state average of $92,725.
Cost-of-Living Adjusted Salary
Springfield has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Springfield, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $93,560 is competitive, the higher cost of living reduces purchasing power to an effective $86,230 — a 7.83% reduction.
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2019 BLS Actual
$32,640
2025 BLS Actual
$92,177
2026 Current Est.
$93,560
2019–2027 Growth
+190.9%
Salary Trajectory for Real Estate Agents in Springfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $32,640 | Actual |
| 2020 | $44,450 | Actual |
| 2021 | $48,590 | Actual |
| 2022 | $47,680 | Actual |
| 2023 | $75,780 | Actual |
| 2024 | $71,040 | Actual |
| 2025 | $92,177 | Actual |
| 2026(current) | $93,560 | Estimated |
| 2027 | $94,963 | Projected |
Based on 7 years of BLS OEWS data for the Springfield metropolitan area, the median real estate agent salary grew 182.4% from $32,640 (2019) to $92,177 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $94,963 by 2027 — a total increase of $62,323 (190.94%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Springfield 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) | $54,265 – $70,357 |
| 3-5 years (Mid Career) | $70,357 – $93,560 |
| 5+ years (Experienced) | $93,560 – $119,757 |
| 10+ years (Top Earner) | $119,757 – $145,017 |
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 Springfield
Considering the employment of 31 real estate agents in Springfield, MA, the local job market remains relatively tight in terms of competition. With a cost-of-living index of 108.5, agents face economic pressures that influence their take-home pay, making it essential to adapt their business strategies accordingly. Top earnings in this field are often associated with national franchise brokerages, where commission structures can be more favorable. Factors driving income disparities include transaction volume, commission splits with brokerages, team membership dynamics, and the shift in commission payment practices following the 2024 NAR settlement. For those looking to maximize their earnings, it’s imperative to build referral networks and specialize in higher-value transactions, such as luxury or commercial real estate, where commissions tend to yield higher returns. Balancing these elements effectively can lead to substantial gains in the competitive market of Springfield.
More salary data for Springfield, MA:
Frequently Asked Questions
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Can real estate agents make $100K in Springfield?
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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 $92,177 for real estate agentsin the Springfield 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 Springfield 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