Real Estate Agent Salary in Payson, UT: $49,034 (2026)
Quick Answer:A full-time real estate agent in Payson, UT earns a median $49,034/year (≈ $23.58/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Payson's price level (2% below national, BEA RPP 98.1), that paycheck buys what $49,984 would nationally. Nominal pay sits 6.1% below the Utah state average.
Based on BLS state-level estimates · View source
In 2026, the real estate agent salary in Payson, UT, reaches a median annual figure of $49,034, which is notably lower than the national median of $53,622. This disparity may be attributed to the local housing market dynamics and commission structures that prioritize volume over high individual transactions. Real estate agents in Payson can expect salaries to range from $30,581 at the 10th percentile to $76,002 at the 90th percentile. With salaries adjusted according to local cost of living, which stands at a relatively low 98.1, real estate professionals may have more favorable purchasing power in the area, so understanding local economic factors and transaction volumes is key for agents aiming to optimize earnings.
About the Payson Market
Salary estimated from Utah average ($62,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $30,581 | $14.71 |
| Lower Range (P25) | $39,552 | $19.01 |
| Median (P50)(typical) | $49,034 | $23.58 |
| Upper Range (P75) | $62,764 | $30.18 |
| Top Earners (P90) | $76,002 | $36.54 |
Median Salary Position
8.56% below the national average
2026 Salary Percentile Distribution in Payson
In Payson, UT, the real estate agent salary spread from the 10th to 90th percentile is $45,421 (2026 est.). At $49,034, the local median is 8.56% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Payson: You'd be in the lower-middle range
How Payson Real Estate Agent Pay Compares
Payson median: $49,034/year (2026)
| Compared To | Median Salary | Payson Pays |
|---|---|---|
| Utah Average | $52,219 | -6.10% less |
| National Average | $53,622 | -8.56% less |
Real Estate Agents in Payson, UT earn a median of $49,034 per year (2026 est.), which is 8.56% lower than the national median of $53,622 and 6.10% below the Utah state average of $52,219.
Cost-of-Living Adjusted Salary
Payson has a cost of living 1.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Payson, UT has a cost-of-living index of 98.1 (below the national average of 100). A real estate agent earning $49,034 nominally has purchasing power equivalent to $49,984 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$44,743
2025 BLS Actual
$48,309
2026 Current Est.
$49,034
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Payson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $44,743 | Actual |
| 2020 | $44,843 | Actual |
| 2021 | $44,203 | Actual |
| 2022 | $45,703 | Actual |
| 2023 | $49,653 | Actual |
| 2024 | $57,120 | Actual |
| 2025 | $48,309 | Actual |
| 2026(current) | $49,034 | Estimated |
| 2027 | $49,769 | Projected |
Based on 7 years of BLS OEWS data for the Payson metropolitan area, the median real estate agent salary grew 8.0% from $44,743 (2019) to $48,309 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $49,769 by 2027 — a total increase of $5,026 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Payson 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) | $30,581 – $39,552 |
| 3-5 years (Mid Career) | $39,552 – $49,034 |
| 5+ years (Experienced) | $49,034 – $62,764 |
| 10+ years (Top Earner) | $62,764 – $76,002 |
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 Payson
The job market for real estate agents in Payson is relatively small, with only 6 agents currently employed in the area, indicating a niche market that can yield varying pay outcomes. Local independent brokerages and national franchises like Keller Williams and RE/MAX typically offer competitive splits that can range significantly. For instance, commission structures can vary from traditional splits to more flexible agreements that cater to top performers or team leads. Factors influencing earning potential include the volume of sales and the types of properties sold—agents specializing in luxury or commercial real estate can command higher commissions. To enhance earnings, real estate agents in Payson should focus on building a robust referral network and considering team structures that allow for shared resources and broader market reach, especially in light of the evolving compensation landscape post-2024 NAR settlement. Choosing to work as part of a team can be advantageous, particularly when navigating market fluctuations and maximizing outreach.
More salary data for Payson, UT:
Frequently Asked Questions
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Can real estate agents make $100K in Payson?
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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 $48,309 for real estate agentsin the Payson 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 Payson 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