Real Estate Agent Salary in Winona, MN: $43,045 (2026)
Quick Answer:A full-time real estate agent in Winona, MN earns a median $43,045/year (≈ $20.70/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Winona's price level (1% below national, BEA RPP 98.5), that paycheck buys what $43,701 would nationally. Nominal pay sits 5.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Winona, Minnesota, prospective real estate agents can expect a median annual salary of $43,045 in 2026, which illustrates a significant gap compared to the national median of $53,622. The salary range for these agents varies widely, with the lower end starting at $27,998 and the upper echelon reaching $66,720. These figures are derived from BLS state-level data and are adjusted for regional pricing, reflecting local market conditions. As transaction volumes and average home prices fluctuate, so too does the effectiveness of agent compensation, influencing how much agents can take home based on the sales they generate.
About the Winona Market
Salary estimated from Minnesota average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $27,998 | $13.46 |
| Lower Range (P25) | $33,022 | $15.87 |
| Median (P50)(typical) | $43,045 | $20.70 |
| Upper Range (P75) | $55,098 | $26.49 |
| Top Earners (P90) | $66,720 | $32.07 |
Median Salary Position
19.73% below the national average
2026 Salary Percentile Distribution in Winona
In Winona, MN, the real estate agent salary spread from the 10th to 90th percentile is $38,722 (2026 est.). At $43,045, the local median is 19.73% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Winona: You'd be in the lower-middle range
How Winona Real Estate Agent Pay Compares
Winona median: $43,045/year (2026)
| Compared To | Median Salary | Winona Pays |
|---|---|---|
| Minnesota Average | $45,406 | -5.20% less |
| National Average | $53,622 | -19.73% less |
Real Estate Agents in Winona, MN earn a median of $43,045 per year (2026 est.), which is 19.73% lower than the national median of $53,622 and 5.20% below the Minnesota state average of $45,406.
Cost-of-Living Adjusted Salary
Winona 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.
Winona, MN has a cost-of-living index of 98.5 (below the national average of 100). A real estate agent earning $43,045 nominally has purchasing power equivalent to $43,701 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$39,278
2025 BLS Actual
$42,409
2026 Current Est.
$43,045
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Winona (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,278 | Actual |
| 2020 | $39,367 | Actual |
| 2021 | $38,805 | Actual |
| 2022 | $40,121 | Actual |
| 2023 | $43,589 | Actual |
| 2024 | $63,476 | Actual |
| 2025 | $42,409 | Actual |
| 2026(current) | $43,045 | Estimated |
| 2027 | $43,691 | Projected |
Based on 7 years of BLS OEWS data for the Winona metropolitan area, the median real estate agent salary grew 8.0% from $39,278 (2019) to $42,409 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $43,691 by 2027 — a total increase of $4,413 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Winona 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) | $27,998 – $33,022 |
| 3-5 years (Mid Career) | $33,022 – $43,045 |
| 5+ years (Experienced) | $43,045 – $55,098 |
| 10+ years (Top Earner) | $55,098 – $66,720 |
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 Winona
Currently, Winona's real estate job market supports only four agents, reflecting a tight labor pool that may strain competition, especially given the area's cost-of-living index of 98.5. This index suggests that agents may have slightly more purchasing power than in many other U.S. cities, despite lower average salaries. Among the potential employers in the market, national franchise brokerages like Keller Williams and RE/MAX tend to offer some of the highest compensation due to their established structures, though local independents and team-based operations are also viable options. With various factors driving the disparity in pay—including transaction volume, average sale price, and commission structures following the recent NAR settlement—it’s critical for agents to build a strong referral network and possibly align with teams that effectively leverage resources. Maximizing earnings in this local market often hinges on understanding client needs and the specifics of property dynamics while cultivating lasting client relationships.
More salary data for Winona, 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 $42,409 for real estate agentsin the Winona 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 Winona 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