Real Estate Agent Salary in Hastings, MN: $43,275 (2026)
Quick Answer:A full-time real estate agent in Hastings, MN earns a median $43,275/year (≈ $20.81/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Hastings's price level (1% below national, BEA RPP 98.5), that paycheck buys what $43,934 would nationally. Nominal pay sits 4.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
Real estate agents in Hastings, MN, earn a projected median annual salary of $43,275 in 2026. This compensation is below the national average of $53,622, reflecting a disparity that suggests local market dynamics may impact earnings. Agent salaries in Hastings show considerable variation, with a salary range spanning from $28,056 at the 10th percentile to $67,075 at the 90th percentile. These salary figures are based on estimates derived from 2025 BLS data, further adjusted for regional price parities. The choice between working as a solo agent, part of a team, or within commercial brokerage operations can greatly influence earning potential in the Hastings real estate market, where the structural configuration significantly affects agent pay.
About the Hastings Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $28,056 | $13.49 |
| Lower Range (P25) | $33,004 | $15.86 |
| Median (P50)(typical) | $43,275 | $20.81 |
| Upper Range (P75) | $55,392 | $26.63 |
| Top Earners (P90) | $67,075 | $32.25 |
Median Salary Position
19.3% below the national average
2026 Salary Percentile Distribution in Hastings
In Hastings, MN, the real estate agent salary spread from the 10th to 90th percentile is $39,019 (2026 est.). At $43,275, the local median is 19.3% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Hastings: You'd be in the lower-middle range
How Hastings Real Estate Agent Pay Compares
Hastings median: $43,275/year (2026)
| Compared To | Median Salary | Hastings Pays |
|---|---|---|
| Minnesota Average | $45,409 | -4.70% less |
| National Average | $53,622 | -19.30% less |
Real Estate Agents in Hastings, MN earn a median of $43,275 per year (2026 est.), which is 19.30% lower than the national median of $53,622 and 4.70% below the Minnesota state average of $45,409.
Cost-of-Living Adjusted Salary
Hastings 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.
Hastings, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $43,275 nominally has purchasing power equivalent to $43,934 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$39,488
2025 BLS Actual
$42,635
2026 Current Est.
$43,275
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Hastings (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,488 | Actual |
| 2020 | $39,576 | Actual |
| 2021 | $39,011 | Actual |
| 2022 | $40,335 | Actual |
| 2023 | $43,821 | Actual |
| 2024 | $63,815 | Actual |
| 2025 | $42,635 | Actual |
| 2026(current) | $43,275 | Estimated |
| 2027 | $43,924 | Projected |
Based on 7 years of BLS OEWS data for the Hastings metropolitan area, the median real estate agent salary grew 8.0% from $39,488 (2019) to $42,635 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $43,924 by 2027 — a total increase of $4,436 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hastings 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) | $28,056 – $33,004 |
| 3-5 years (Mid Career) | $33,004 – $43,275 |
| 5+ years (Experienced) | $43,275 – $55,392 |
| 10+ years (Top Earner) | $55,392 – $67,075 |
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 Hastings
In Hastings, only five real estate agents are reported to be employed, which suggests a niche market where competition can be less fierce. The local cost of living index stands at 98.5, indicating that while salaries may be lower than national averages, agents can still enjoy relative purchasing power due to lower living expenses. Among local employers, national franchise brokerages tend to offer more competitive pay compared to independent firms or discount brokerages. The variation between low and high earnings is driven by factors like transaction volume, average sale prices, and commission splits with brokerages. To maximize their income, agents should consider joining established teams, specializing in high-value transactions, or building strong referral networks. Adapting strategies to the specific demands of Hastings's market can lead to greater financial success within this unique real estate landscape.
More salary data for Hastings, 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 $42,635 for real estate agentsin the Hastings 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 Hastings 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