Real Estate Agent Salary in Saginaw, MI: $57,761 (2026)
Quick Answer:A full-time real estate agent in Saginaw, MI earns a median $57,761/year (≈ $27.77/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Saginaw's price level (7% below national, BEA RPP 93.2), that paycheck buys what $61,975 would nationally. Nominal pay sits 1.5% below the Michigan state average.
Based on BLS state-level estimates · View source
In 2026, the projected median annual salary for a real estate agent in Saginaw, MI is $57,761, which reflects a notable increase over the previous years. With a salary range extending from $36,518 at the 10th percentile to $89,529 at the 90th percentile, these figures provide a comprehensive look at potential earnings in a market that's adjusting following the 2024 NAR commission settlement. Local estimates based on 2025 BLS data reveal that Saginaw's real estate agent pay is competitive, outpacing the national median, which sits at $53,622. This reflects a 7.72% advantage, indicating that agents in Saginaw may benefit from a more lucrative income in comparison to many other regions.
About the Saginaw Market
Salary estimated from Michigan average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $36,518 | $17.56 |
| Lower Range (P25) | $43,533 | $20.93 |
| Median (P50)(typical) | $57,761 | $27.77 |
| Upper Range (P75) | $73,934 | $35.55 |
| Top Earners (P90) | $89,529 | $43.05 |
Median Salary Position
7.72% above the national average
2026 Salary Percentile Distribution in Saginaw
In Saginaw, MI, the real estate agent salary spread from the 10th to 90th percentile is $53,011 (2026 est.). At $57,761, the local median is 7.72% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Saginaw: You'd be in the lower-middle range
How Saginaw Real Estate Agent Pay Compares
Saginaw median: $57,761/year (2026)
| Compared To | Median Salary | Saginaw Pays |
|---|---|---|
| Michigan Average | $58,640 | -1.50% less |
| National Average | $53,622 | +7.72% more |
Real Estate Agents in Saginaw, MI earn a median of $57,761 per year (2026 est.), which is 7.72% higher than the national median of $53,622 and 1.50% below the Michigan state average of $58,640.
Cost-of-Living Adjusted Salary
Saginaw has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Saginaw, MI has a cost-of-living index of 93.2 (below the national average of 100). A real estate agent earning $57,761 nominally has purchasing power equivalent to $61,975 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$52,706
2025 BLS Actual
$56,907
2026 Current Est.
$57,761
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Saginaw (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $52,706 | Actual |
| 2020 | $52,825 | Actual |
| 2021 | $52,070 | Actual |
| 2022 | $53,837 | Actual |
| 2023 | $58,490 | Actual |
| 2024 | $53,271 | Actual |
| 2025 | $56,907 | Actual |
| 2026(current) | $57,761 | Estimated |
| 2027 | $58,627 | Projected |
Based on 7 years of BLS OEWS data for the Saginaw metropolitan area, the median real estate agent salary grew 8.0% from $52,706 (2019) to $56,907 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $58,627 by 2027 — a total increase of $5,921 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Saginaw 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) | $36,518 – $43,533 |
| 3-5 years (Mid Career) | $43,533 – $57,761 |
| 5+ years (Experienced) | $57,761 – $73,934 |
| 10+ years (Top Earner) | $73,934 – $89,529 |
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 Saginaw
Saginaw's real estate market is characterized by a unique dynamic, with only 7 agents currently employed in the area, which may impact competition and job security. The cost of living index in Saginaw is 93.2, suggesting that while salaries may be higher than the national average, the purchasing power of agents remains closely tied to local economic conditions. Among the various employers, national franchises like Keller Williams and RE/MAX generally pay more due to their extensive resources and brand recognition. The disparity in salaries can also be attributed to factors such as transaction volume, average sale price, and commission structures, which can vary significantly between independent and franchise brokerages. For agents looking to maximize their earning potential, aligning with high-commission splits, specializing in luxury or commercial properties, and leveraging referral networks can be effective strategies to enhance their overall compensation in Saginaw's evolving market landscape.
More salary data for Saginaw, MI:
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 $56,907 for real estate agentsin the Saginaw 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 Saginaw 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