Real Estate Agent Salary in Lakewood, WA: $73,476 (2026)
Quick Answer:A full-time real estate agent in Lakewood, WA earns a median $73,476/year (≈ $35.32/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Lakewood's price level (7% above national, BEA RPP 107.4), that paycheck buys what $68,413 would nationally. Nominal pay sits 1.2% below the Washington state average.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Lakewood, Washington can expect a median annual salary of $73,476, which reflects a significant 37.03% increase compared to the national median of $53,622. With a salary range from $42,953 at the 10th percentile to $113,888 at the 90th percentile, there is considerable earning potential for agents based on their experience, market strategy, and affiliations. This robust earning capacity can largely be attributed to the area's thriving transaction volume and average property prices, both critical factors influencing effective hourly compensation for agents. These figures derive from estimates based on 2025 BLS OEWS data and regional cost adjustments, indicating a dynamic local real estate market poised for continued growth.
About the Lakewood Market
Salary estimated from Washington average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $42,953 | $20.66 |
| Lower Range (P25) | $57,370 | $27.58 |
| Median (P50)(typical) | $73,476 | $35.32 |
| Upper Range (P75) | $94,049 | $45.22 |
| Top Earners (P90) | $113,888 | $54.75 |
Median Salary Position
37.03% above the national average
2026 Salary Percentile Distribution in Lakewood
In Lakewood, WA, the real estate agent salary spread from the 10th to 90th percentile is $70,935 (2026 est.). At $73,476, the local median is 37.03% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Lakewood: You'd be in the lower-middle range
How Lakewood Real Estate Agent Pay Compares
Lakewood median: $73,476/year (2026)
| Compared To | Median Salary | Lakewood Pays |
|---|---|---|
| Washington Average | $74,368 | -1.20% less |
| National Average | $53,622 | +37.03% more |
Real Estate Agents in Lakewood, WA earn a median of $73,476 per year (2026 est.), which is 37.03% higher than the national median of $53,622 and 1.20% below the Washington state average of $74,368.
Cost-of-Living Adjusted Salary
Lakewood has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lakewood, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $73,476 is competitive, the higher cost of living reduces purchasing power to an effective $68,413 — a 6.89% reduction.
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2019 BLS Actual
$67,046
2025 BLS Actual
$72,390
2026 Current Est.
$73,476
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Lakewood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $67,046 | Actual |
| 2020 | $67,197 | Actual |
| 2021 | $66,238 | Actual |
| 2022 | $68,485 | Actual |
| 2023 | $74,404 | Actual |
| 2024 | $87,016 | Actual |
| 2025 | $72,390 | Actual |
| 2026(current) | $73,476 | Estimated |
| 2027 | $74,578 | Projected |
Based on 7 years of BLS OEWS data for the Lakewood metropolitan area, the median real estate agent salary grew 8.0% from $67,046 (2019) to $72,390 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $74,578 by 2027 — a total increase of $7,532 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lakewood 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) | $42,953 – $57,370 |
| 3-5 years (Mid Career) | $57,370 – $73,476 |
| 5+ years (Experienced) | $73,476 – $94,049 |
| 10+ years (Top Earner) | $94,049 – $113,888 |
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 Lakewood
The job market in Lakewood demonstrates strength, with 14 agents currently employed, suggesting a relatively competitive environment where high-performing individuals can excel. The cost of living index for the area is 107.4, indicating that while salaries are comparatively higher than the national average, agents must also account for the increased living expenses when calculating take-home pay. Local brokerage firms, particularly national names like Keller Williams and RE/MAX, are known to offer more lucrative commission structures, but agents may also find value in independent brokerages and specialized firms that cater specifically to the luxury market. Earnings can vary widely based on multiple factors: transaction volume, commission rates, and whether an agent operates solo or as part of a team. With the changes following the 2024 NAR settlement affecting how commissions are structured, agents in Lakewood need to stay informed and strategically align themselves with the right partnerships and networks to maximize their income in the evolving landscape of real estate agent pay in Lakewood, WA.
More salary data for Lakewood, WA:
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 $72,390 for real estate agentsin the Lakewood 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 Lakewood 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