Real Estate Agent Salary in Providence, RI: $59,459 (2026)
Quick Answer:A full-time real estate agent in Providence, RI earns a median $59,459/year (≈ $28.58/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Providence's price level (2% above national, BEA RPP 101.8), that paycheck buys what $58,423 would nationally. Nominal pay sits 10.3% above the Rhode Island state average.
Official BLS data · View source
In 2026, real estate agents in Providence, Rhode Island, can expect a median annual salary of $59,459, which is notably higher than the national average of $53,622, reflecting a regional advantage in compensation of approximately 10.89%. The salary range for agents in this area is significant, spanning from $40,732 at the lowest decile to $121,871 for the top earners (P90), as reported by BLS OEWS data. This data illustrates the diverse earnings possibilities shaped by various structural choices within the profession. Agents may find that success as solo practitioners varies greatly compared to those working within a team framework or with commercial brokers. As the job market stabilizes with around 450 real estate agents currently employed in Providence, the compensation context is evolving, influenced by transaction values and the ongoing shifts in commission structures following the 2024 NAR settlement.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $40,732 | $19.58 |
| Lower Range (P25) | $48,710 | $23.42 |
| Median (P50)(typical) | $59,459 | $28.58 |
| Upper Range (P75) | $73,385 | $35.28 |
| Top Earners (P90) | $121,871 | $58.60 |
Median Salary Position
10.89% above the national average
2026 Salary Percentile Distribution in Providence
In Providence, RI, the real estate agent salary spread from the 10th to 90th percentile is $81,139 (2026 est.). At $59,459, the local median is 10.89% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Providence: You'd be in the entry-level range
How Providence Real Estate Agent Pay Compares
Providence median: $59,459/year (2026)
| Compared To | Median Salary | Providence Pays |
|---|---|---|
| Rhode Island Average | $53,906 | +10.30% more |
| National Average | $53,622 | +10.89% more |
Real Estate Agents in Providence, RI earn a median of $59,459 per year (2026 est.), which is 10.89% higher than the national median of $53,622 and 10.30% above the Rhode Island state average of $53,906.
Cost-of-Living Adjusted Salary
Providence has a cost of living 1.77% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Providence, RI has a cost-of-living index of 101.773 (above the national average of 100). While the nominal salary of $59,459 is competitive, the higher cost of living reduces purchasing power to an effective $58,423 — a 1.74% reduction.
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
$55,800
2025 BLS Actual
$58,580
2026 Current Est.
$59,459
2019–2027 Growth
+8.2%
Salary Trajectory for Real Estate Agents in Providence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,800 | Actual |
| 2020 | $50,910 | Actual |
| 2021 | $48,050 | Actual |
| 2022 | $52,000 | Actual |
| 2023 | $49,880 | Actual |
| 2024 | $58,450 | Actual |
| 2025 | $58,580 | Actual |
| 2026(current) | $59,459 | Estimated |
| 2027 | $60,351 | Projected |
Based on 7 years of BLS OEWS data for the Providence metropolitan area, the median real estate agent salary grew 5.0% from $55,800 (2019) to $58,580 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $60,351 by 2027 — a total increase of $4,551 (8.16%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Providence 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) | $40,732 – $48,710 |
| 3-5 years (Mid Career) | $48,710 – $59,459 |
| 5+ years (Experienced) | $59,459 – $73,385 |
| 10+ years (Top Earner) | $73,385 – $121,871 |
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 Providence
While the typical salary for a real estate agent in Providence is competitive, the cost of living index sits at 101.773, slightly above the national average, which means that take-home pay must stretch further than it might in lower-cost areas. Earnings potential is deeply tied to market dynamics, with local franchise brokerages such as Keller Williams and RE/MAX often providing higher payouts due to their established referral networks and training resources. Conversely, independent and fee-based brokerages may offer different commission splits, impacting overall agent compensation. Factors like transaction volume, average sale price, and agent specialty, such as commercial or luxury real estate, can significantly influence pay scales. To maximize earnings in this competitive landscape, agents should focus on building strong networks and referrals, adapting to market changes, and considering team affiliations that align with their personal goals and financial aspirations in Providence, RI.
More salary data for Providence, RI:
Frequently Asked Questions
How much do real estate agents make in Providence, RI in 2026?
Is Providence, RI a good place to work as a real estate agent?
Can real estate agents make $100K in Providence?
What is the cost-of-living adjusted real estate agent salary in Providence?
How much does a real estate agent make per hour in Providence?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Rhode Island
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 $58,580 for real estate agentsin the Providence 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