Real Estate Agent Salary in Plymouth, MN: $44,951 (2026)
Quick Answer:A full-time real estate agent in Plymouth, MN earns a median $44,951/year (≈ $21.61/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Plymouth's price level (1% below national, BEA RPP 98.5), that paycheck buys what $45,636 would nationally. Nominal pay sits 1.0% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, a real estate agent salary in Plymouth, Minnesota, is projected to be $44,951, reflecting a growing but competitive local market. The salary range is quite broad, with entry-level positions earning around $26,393 and the top earners bringing in as much as $69,675, emphasizing the diverse nature of this profession in the city. These figures, derived from 2025 BLS data and adjusted for regional price variations, highlight the distinct local dynamics compared to the national median of $53,622. While the projected median salary is lower than the national average, the factors driving compensation in Plymouth, such as transaction volume and average sale price, significantly influence effective hourly earnings.
About the Plymouth Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $26,393 | $12.69 |
| Lower Range (P25) | $35,184 | $16.92 |
| Median (P50)(typical) | $44,951 | $21.61 |
| Upper Range (P75) | $57,537 | $27.66 |
| Top Earners (P90) | $69,675 | $33.49 |
Median Salary Position
16.17% below the national average
2026 Salary Percentile Distribution in Plymouth
In Plymouth, MN, the real estate agent salary spread from the 10th to 90th percentile is $43,282 (2026 est.). At $44,951, the local median is 16.17% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Plymouth: You'd be in the lower-middle range
How Plymouth Real Estate Agent Pay Compares
Plymouth median: $44,951/year (2026)
| Compared To | Median Salary | Plymouth Pays |
|---|---|---|
| Minnesota Average | $45,405 | -1.00% less |
| National Average | $53,622 | -16.17% less |
Real Estate Agents in Plymouth, MN earn a median of $44,951 per year (2026 est.), which is 16.17% lower than the national median of $53,622 and 1.00% below the Minnesota state average of $45,405.
Cost-of-Living Adjusted Salary
Plymouth 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.
Plymouth, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $44,951 nominally has purchasing power equivalent to $45,636 in an average-cost city — an effective 1.52% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$41,018
2025 BLS Actual
$44,287
2026 Current Est.
$44,951
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Plymouth (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $41,018 | Actual |
| 2020 | $41,110 | Actual |
| 2021 | $40,523 | Actual |
| 2022 | $41,898 | Actual |
| 2023 | $45,519 | Actual |
| 2024 | $66,286 | Actual |
| 2025 | $44,287 | Actual |
| 2026(current) | $44,951 | Estimated |
| 2027 | $45,626 | Projected |
Based on 7 years of BLS OEWS data for the Plymouth metropolitan area, the median real estate agent salary grew 8.0% from $41,018 (2019) to $44,287 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $45,626 by 2027 — a total increase of $4,608 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Plymouth 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) | $26,393 – $35,184 |
| 3-5 years (Mid Career) | $35,184 – $44,951 |
| 5+ years (Experienced) | $44,951 – $57,537 |
| 10+ years (Top Earner) | $57,537 – $69,675 |
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 Plymouth
The job market in Plymouth hosts 14 real estate agents, pointing to a modest but stable employment landscape. With a cost-of-living index of 98.5, agents may find their take-home purchasing power affected by local economic conditions. National franchise brokerages, such as Keller Williams and RE/MAX, typically offer more competitive pay compared to independent local firms or discount brokerages like Redfin, largely due to better commission structures and support systems. The disparity between low and high pay levels is driven by multiple factors, including transaction volume, commission splits, and the relative strength of referral networks. To maximize earnings, agents in Plymouth may want to focus on high-value transactions or align themselves with teams and brokerages that boast robust support and extensive networks, especially considering the shifting landscape of commission structures following the post-2024 NAR settlement.
More salary data for Plymouth, MN:
Frequently Asked Questions
How much do real estate agents make in Plymouth, MN in 2026?
Is Plymouth, MN a good place to work as a real estate agent?
Can real estate agents make $100K in Plymouth?
What is the cost-of-living adjusted real estate agent salary in Plymouth?
How much does a real estate agent make per hour in Plymouth?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
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 $44,287 for real estate agentsin the Plymouth 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 Plymouth 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