Real Estate Agent Salary in Portland, OR: $66,361 (2026)
Quick Answer:A full-time real estate agent in Portland, OR earns a median $66,361/year (≈ $31.91/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Portland's price level (5% above national, BEA RPP 105.4), that paycheck buys what $62,949 would nationally. Nominal pay sits 5.7% above the Oregon state average.
Official BLS data · View source
For real estate agents in Portland, Oregon, the projected median annual salary in 2026 is $66,361, representing a 23.76% increase over the national median of $53,622. Agents in the area can expect to earn between $37,657 and $107,560 annually, depending on various factors such as whether they work as solo agents, within a team, or as part of commercial brokerage operations. This salary data, derived from official BLS OEWS surveys, highlights the lucrative opportunities available in Portland's real estate market. The city’s unique structural choices in agency practices influence compensation significantly, as top-performing agents align themselves with high-performing teams or luxury-focused franchises, driving their earnings upwards in this competitive field.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,657 | $18.11 |
| Lower Range (P25) | $46,832 | $22.51 |
| Median (P50)(typical) | $66,361 | $31.91 |
| Upper Range (P75) | $90,345 | $43.43 |
| Top Earners (P90) | $107,560 | $51.71 |
Median Salary Position
23.76% above the national average
2026 Salary Percentile Distribution in Portland
In Portland, OR, the real estate agent salary spread from the 10th to 90th percentile is $69,903 (2026 est.). At $66,361, the local median is 23.76% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Portland: You'd be in the lower-middle range
How Portland Real Estate Agent Pay Compares
Portland median: $66,361/year (2026)
| Compared To | Median Salary | Portland Pays |
|---|---|---|
| Oregon Average | $62,782 | +5.70% more |
| National Average | $53,622 | +23.76% more |
Real Estate Agents in Portland, OR earn a median of $66,361 per year (2026 est.), which is 23.76% higher than the national median of $53,622 and 5.70% above the Oregon state average of $62,782.
Cost-of-Living Adjusted Salary
Portland has a cost of living 5.42% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Portland, OR has a cost-of-living index of 105.421 (above the national average of 100). While the nominal salary of $66,361 is competitive, the higher cost of living reduces purchasing power to an effective $62,949 — a 5.14% reduction.
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2019 BLS Actual
$38,820
2025 BLS Actual
$65,380
2026 Current Est.
$66,361
2019–2027 Growth
+73.5%
Salary Trajectory for Real Estate Agents in Portland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $38,820 | Actual |
| 2020 | $40,960 | Actual |
| 2021 | $46,910 | Actual |
| 2022 | $52,650 | Actual |
| 2023 | $62,570 | Actual |
| 2024 | $60,880 | Actual |
| 2025 | $65,380 | Actual |
| 2026(current) | $66,361 | Estimated |
| 2027 | $67,356 | Projected |
Based on 7 years of BLS OEWS data for the Portland metropolitan area, the median real estate agent salary grew 68.4% from $38,820 (2019) to $65,380 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $67,356 by 2027 — a total increase of $28,536 (73.51%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Portland 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) | $37,657 – $46,832 |
| 3-5 years (Mid Career) | $46,832 – $66,361 |
| 5+ years (Experienced) | $66,361 – $90,345 |
| 10+ years (Top Earner) | $90,345 – $107,560 |
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 Portland
Portland's job market for real estate agents is robust, with approximately 1,410 professionals employed in the area. Although the cost-of-living index stands at 105.421, indicating a higher-than-average expense environment, it also signifies a need for competitive salaries to maintain purchasing power. Employers such as national franchise brokerages offer some of the highest compensation packages, particularly for agents engaging in high transaction volumes or luxury markets. The disparity in salaries often arises from factors such as commission splits with brokerages, team membership dynamics, and the evolving commission structures post-2024 NAR settlement, which decouple buyer agent commissions from the traditional listing-paid model. To maximize earnings in Portland's market, agents should consider specializing in lucrative sectors, whether that be luxury or commercial real estate, and positioning themselves within supportive team structures to capitalize on referral networks and shared marketing resources.
More salary data for Portland, OR:
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 $65,380 for real estate agentsin the Portland 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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