Real Estate Agent Salary in Great Falls, MT: $51,446 (2026)
Quick Answer:A full-time real estate agent in Great Falls, MT earns a median $51,446/year (≈ $24.74/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Great Falls's price level (4% below national, BEA RPP 96.2), that paycheck buys what $53,478 would nationally. Nominal pay sits 0.3% below the Montana state average.
Based on BLS state-level estimates · View source
In Great Falls, Montana, the projected 2026 median annual salary for real estate agents stands at $51,446, which trails slightly behind the national median of $53,622. Local salaries range from $30,635 at the 10th percentile to as high as $79,741 at the 90th percentile. This salary data is based on estimates derived from 2025 BLS state-level figures adjusted for regional price variations. The transaction volume and average sale prices in the area play a significant role in determining effective hourly compensation, as agents often earn commissions based on these metrics. As the local market stabilizes, the growth rate of 1.50% annually suggests a gradually improving landscape for aspiring agents in Great Falls.
About the Great Falls Market
Salary estimated from Montana average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,635 | $14.73 |
| Lower Range (P25) | $37,661 | $18.11 |
| Median (P50)(typical) | $51,446 | $24.74 |
| Upper Range (P75) | $65,851 | $31.66 |
| Top Earners (P90) | $79,741 | $38.34 |
Median Salary Position
4.06% below the national average
2026 Salary Percentile Distribution in Great Falls
In Great Falls, MT, the real estate agent salary spread from the 10th to 90th percentile is $49,106 (2026 est.). At $51,446, the local median is 4.06% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Great Falls: You'd be in the lower-middle range
How Great Falls Real Estate Agent Pay Compares
Great Falls median: $51,446/year (2026)
| Compared To | Median Salary | Great Falls Pays |
|---|---|---|
| Montana Average | $51,601 | -0.30% less |
| National Average | $53,622 | -4.06% less |
Real Estate Agents in Great Falls, MT earn a median of $51,446 per year (2026 est.), which is 4.06% lower than the national median of $53,622 and 0.30% below the Montana state average of $51,601.
Cost-of-Living Adjusted Salary
Great Falls has a cost of living 3.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Great Falls, MT has a cost-of-living index of 96.2 (below the national average of 100). A real estate agent earning $51,446 nominally has purchasing power equivalent to $53,478 in an average-cost city — an effective 3.95% boost.
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2019 BLS Actual
$46,944
2025 BLS Actual
$50,686
2026 Current Est.
$51,446
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Great Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $46,944 | Actual |
| 2020 | $47,050 | Actual |
| 2021 | $46,378 | Actual |
| 2022 | $44,730 | Actual |
| 2023 | $40,650 | Actual |
| 2024 | $47,180 | Actual |
| 2025 | $50,686 | Actual |
| 2026(current) | $51,446 | Estimated |
| 2027 | $52,218 | Projected |
Based on 7 years of BLS OEWS data for the Great Falls metropolitan area, the median real estate agent salary grew 8.0% from $46,944 (2019) to $50,686 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $52,218 by 2027 — a total increase of $5,274 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Great Falls 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) | $30,635 – $37,661 |
| 3-5 years (Mid Career) | $37,661 – $51,446 |
| 5+ years (Experienced) | $51,446 – $65,851 |
| 10+ years (Top Earner) | $65,851 – $79,741 |
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 Great Falls
At present, there are only 12 employed real estate agents in Great Falls, reflecting a competitive yet small local job market. The cost of living, indexed at 96.2, indicates that the economic environment is slightly below the national average, influencing the actual purchasing power of agents' salaries. Among local brokers, national franchise firms like Keller Williams and RE/MAX likely offer the highest compensation due to their established presence and marketing resources, reflecting industry trends. The variation in pay within this market often arises from factors such as transaction volume, commission splits, and team dynamics, especially as the commission structure shifts following the 2024 NAR settlement. Agents seeking to maximize their incomes should focus on building a robust referral network and consider specializing in niche markets, whether luxury or commercial, to elevate their earning potential and adjust to the evolving real estate landscape in Great Falls, MT.
More salary data for Great Falls, MT:
Frequently Asked Questions
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Related Pages
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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 $50,686 for real estate agentsin the Great Falls 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 Great Falls 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