Real Estate Agent Salary in Grand Island, NE: $47,892 (2026)
Quick Answer:A full-time real estate agent in Grand Island, NE earns a median $47,892/year (≈ $23.02/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Grand Island's price level (8% below national, BEA RPP 91.5), that paycheck buys what $52,341 would nationally. Nominal pay sits 2.4% below the Nebraska state average.
Based on BLS state-level estimates · View source
In 2026, the real estate agent salary in Grand Island, NE, is projected to be $47,892, which is notably lower than the national median of $53,622. The local salary spectrum ranges from $30,903 at the 10th percentile to as much as $74,232 for the top earners in the field. This projection incorporates adjustments based on regional price levels and BLS state-level estimates, reflecting the local realities of the real estate market. This backdrop is particularly significant in the wake of the 2024 NAR commission structure changes, which have altered earning potentials for real estate agents across the board, creating a more competitive environment in Grand Island.
About the Grand Island Market
Salary estimated from Nebraska average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,903 | $14.86 |
| Lower Range (P25) | $35,651 | $17.14 |
| Median (P50)(typical) | $47,892 | $23.02 |
| Upper Range (P75) | $61,302 | $29.48 |
| Top Earners (P90) | $74,232 | $35.69 |
Median Salary Position
10.69% below the national average
2026 Salary Percentile Distribution in Grand Island
In Grand Island, NE, the real estate agent salary spread from the 10th to 90th percentile is $43,329 (2026 est.). At $47,892, the local median is 10.69% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Grand Island: You'd be in the lower-middle range
How Grand Island Real Estate Agent Pay Compares
Grand Island median: $47,892/year (2026)
| Compared To | Median Salary | Grand Island Pays |
|---|---|---|
| Nebraska Average | $49,069 | -2.40% less |
| National Average | $53,622 | -10.69% less |
Real Estate Agents in Grand Island, NE earn a median of $47,892 per year (2026 est.), which is 10.69% lower than the national median of $53,622 and 2.40% below the Nebraska state average of $49,069.
Cost-of-Living Adjusted Salary
Grand Island has a cost of living 8.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Grand Island, NE has a cost-of-living index of 91.5 (below the national average of 100). A real estate agent earning $47,892 nominally has purchasing power equivalent to $52,341 in an average-cost city — an effective 9.29% boost.
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2019 BLS Actual
$43,701
2025 BLS Actual
$47,184
2026 Current Est.
$47,892
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Grand Island (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,701 | Actual |
| 2020 | $55,370 | Actual |
| 2021 | $43,174 | Actual |
| 2022 | $44,639 | Actual |
| 2023 | $48,497 | Actual |
| 2024 | $55,374 | Actual |
| 2025 | $47,184 | Actual |
| 2026(current) | $47,892 | Estimated |
| 2027 | $48,610 | Projected |
Based on 7 years of BLS OEWS data for the Grand Island metropolitan area, the median real estate agent salary grew 8.0% from $43,701 (2019) to $47,184 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $48,610 by 2027 — a total increase of $4,909 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Grand Island 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) | $30,903 – $35,651 |
| 3-5 years (Mid Career) | $35,651 – $47,892 |
| 5+ years (Experienced) | $47,892 – $61,302 |
| 10+ years (Top Earner) | $61,302 – $74,232 |
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 Grand Island
With only 14 employed real estate agents in the Grand Island area, the job market is limited yet shows modest growth potential, forecasted at around 1.50% annually. The cost of living index is set at 91.5, indicating that while salaries may be lower compared to national averages, the relative affordability can enhance purchasing power for residents. Notably, national franchise brokerages such as Keller Williams and RE/MAX tend to offer higher compensation, while local independent firms and fee-based brokerages may provide different earning structures tied to commission splits. The income disparity among real estate agents in Grand Island largely stems from transaction volume, average sale prices, and the commission arrangements with brokerages, as well as team versus solo agent dynamics. Agents looking to maximize their pay should consider focusing on specialties that drive higher commissions and building a strong referral network in the community.
More salary data for Grand Island, NE:
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 $47,184 for real estate agentsin the Grand Island 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 Grand Island 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