Real Estate Agent Salary in Salt Lake City, UT: $53,785 (2026)
Quick Answer:A full-time real estate agent in Salt Lake City, UT earns a median $53,785/year (≈ $25.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Salt Lake City's price level (1% above national, BEA RPP 100.9), that paycheck buys what $53,322 would nationally. Nominal pay sits 3.0% above the Utah state average.
Official BLS data · View source
Salt Lake City's dynamic real estate market has resulted in a median annual salary of $53,785 for agents in 2026, which is slightly above the national median of $53,622. Salaries in the field vary widely, reflecting the diverse nature of the industry—from entry-level solo agents earning around $35,687 to established professionals and commercial brokers making up to $95,938. Those choosing to work within a team versus operating independently may find substantial differences in earning potential. Team structures often provide a steady stream of leads and shared resources, which can lead to higher overall earnings, while solo agents might retain more commission but face the challenges of securing their own clientele in a competitive market. This data derives from the official Bureau of Labor Statistics (BLS) OEWS surveys, painting a promising picture for prospective and current real estate agents in Salt Lake City.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $35,687 | $17.15 |
| Lower Range (P25) | $39,199 | $18.85 |
| Median (P50)(typical) | $53,785 | $25.85 |
| Upper Range (P75) | $60,890 | $29.27 |
| Top Earners (P90) | $95,938 | $46.12 |
Median Salary Position
0.30% above the national average
2026 Salary Percentile Distribution in Salt Lake City
In Salt Lake City, UT, the real estate agent salary spread from the 10th to 90th percentile is $60,251 (2026 est.). At $53,785, the local median is 0.3% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Salt Lake City: You'd be in the lower-middle range
How Salt Lake City Real Estate Agent Pay Compares
Salt Lake City median: $53,785/year (2026)
| Compared To | Median Salary | Salt Lake City Pays |
|---|---|---|
| Utah Average | $52,218 | +3.00% more |
| National Average | $53,622 | +0.30% more |
Real Estate Agents in Salt Lake City, UT earn a median of $53,785 per year (2026 est.), which is 0.30% higher than the national median of $53,622 and 3.00% above the Utah state average of $52,218.
Cost-of-Living Adjusted Salary
Salt Lake City has a cost of living 0.87% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Salt Lake City, UT has a cost-of-living index of 100.868 (above the national average of 100). While the nominal salary of $53,785 is competitive, the higher cost of living reduces purchasing power to an effective $53,322 — a 0.86% reduction.
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2019 BLS Actual
$49,078
2025 BLS Actual
$52,990
2026 Current Est.
$53,785
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Salt Lake City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $49,078 | Actual |
| 2020 | $49,189 | Actual |
| 2021 | $48,520 | Actual |
| 2022 | $46,280 | Actual |
| 2023 | $59,640 | Actual |
| 2024 | $59,890 | Actual |
| 2025 | $52,990 | Actual |
| 2026(current) | $53,785 | Estimated |
| 2027 | $54,592 | Projected |
Based on 7 years of BLS OEWS data for the Salt Lake City metropolitan area, the median real estate agent salary grew 8.0% from $49,078 (2019) to $52,990 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $54,592 by 2027 — a total increase of $5,514 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Salt Lake City 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) | $35,687 – $39,199 |
| 3-5 years (Mid Career) | $39,199 – $53,785 |
| 5+ years (Experienced) | $53,785 – $60,890 |
| 10+ years (Top Earner) | $60,890 – $95,938 |
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 Salt Lake City
In Salt Lake City, approximately 2,020 real estate agents actively participate in a thriving job market characterized by a cost of living index of 100.868, slightly above the national average. This reality impacts take-home pay and lifestyle choices for agents, making it crucial to understand employer dynamics in the local market. National franchise brokerages like Keller Williams and Coldwell Banker typically offer higher earnings potential, influenced by robust brand recognition and extensive client networks. Variations among agents' earnings stem from several factors, including transaction volume, commission structure, and specialization areas, such as luxury or commercial real estate, which command higher fees. For agents aiming to maximize their pay in Salt Lake City UT, joining a team within a reputable franchise or niche specialty and cultivating a strong referral network can be lucrative strategies, especially in light of shifting commission models following the 2024 NAR settlement.
More salary data for Salt Lake City, UT:
Frequently Asked Questions
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Can real estate agents make $100K in Salt Lake City?
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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 $52,990 for real estate agentsin the Salt Lake City 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, 5-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