Real Estate Agent Salary in Burnsville, MN: $44,793 (2026)
Quick Answer:A full-time real estate agent in Burnsville, MN earns a median $44,793/year (≈ $21.54/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Burnsville's price level (1% below national, BEA RPP 98.5), that paycheck buys what $45,475 would nationally. Nominal pay sits 1.4% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Burnsville, Minnesota, a real estate agent's earnings reflect the dynamics of the local housing market, with a median annual salary projected at $44,793 for 2026. This figure positions Burnsville approximately 16.47% below the national median of $53,622, indicating a distinct local economic context. Salaries for real estate agents in the area range from $29,631 at the lower end to $69,429 for those at the higher echelon, highlighting the potential for significant income variance based on experience, market fluctuations, and individual performance. These estimates, drawn from 2025 BLS data and adjusted for regional economic conditions, underscore the importance of transaction volume and average sale prices in influencing commissions and overall pay. The job market is poised for a slight growth rate of 1.50%, suggesting continued opportunities for agents choosing to navigate Burnsville's real estate landscape.
About the Burnsville Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,631 | $14.25 |
| Lower Range (P25) | $34,871 | $16.77 |
| Median (P50)(typical) | $44,793 | $21.54 |
| Upper Range (P75) | $57,335 | $27.57 |
| Top Earners (P90) | $69,429 | $33.38 |
Median Salary Position
16.47% below the national average
2026 Salary Percentile Distribution in Burnsville
In Burnsville, MN, the real estate agent salary spread from the 10th to 90th percentile is $39,798 (2026 est.). At $44,793, the local median is 16.47% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Burnsville: You'd be in the lower-middle range
How Burnsville Real Estate Agent Pay Compares
Burnsville median: $44,793/year (2026)
| Compared To | Median Salary | Burnsville Pays |
|---|---|---|
| Minnesota Average | $45,429 | -1.40% less |
| National Average | $53,622 | -16.47% less |
Real Estate Agents in Burnsville, MN earn a median of $44,793 per year (2026 est.), which is 16.47% lower than the national median of $53,622 and 1.40% below the Minnesota state average of $45,429.
Cost-of-Living Adjusted Salary
Burnsville has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Burnsville, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $44,793 nominally has purchasing power equivalent to $45,475 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$40,873
2025 BLS Actual
$44,131
2026 Current Est.
$44,793
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Burnsville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $40,873 | Actual |
| 2020 | $40,965 | Actual |
| 2021 | $40,380 | Actual |
| 2022 | $41,750 | Actual |
| 2023 | $45,359 | Actual |
| 2024 | $66,053 | Actual |
| 2025 | $44,131 | Actual |
| 2026(current) | $44,793 | Estimated |
| 2027 | $45,465 | Projected |
Based on 7 years of BLS OEWS data for the Burnsville metropolitan area, the median real estate agent salary grew 8.0% from $40,873 (2019) to $44,131 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $45,465 by 2027 — a total increase of $4,592 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Burnsville 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) | $29,631 – $34,871 |
| 3-5 years (Mid Career) | $34,871 – $44,793 |
| 5+ years (Experienced) | $44,793 – $57,335 |
| 10+ years (Top Earner) | $57,335 – $69,429 |
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 Burnsville
With only nine real estate agents currently employed in Burnsville, local saturation in the market appears limited, yet the cost of living index at 98.5 suggests an affordable living environment, potentially enhancing take-home pay. In terms of employer competitiveness, national franchise brokerages such as Keller Williams and RE/MAX typically offer stronger commission structures compared to independent agencies. Agents dedicated to specialties in luxury or commercial properties may command higher earnings, whereas the shift following the 2024 NAR settlement could affect overall commission splits. To maximize income in Burnsville, agents should consider building robust referral networks, opting for team-based operations, or positioning themselves in higher-value transactions. Understanding local trends, leveraging education, and maintaining flexibility in commission structures are essential strategies in this evolving market.
More salary data for Burnsville, MN:
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 $44,131 for real estate agentsin the Burnsville 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 Burnsville 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