Real Estate Agent Salary in Mountlake Terrace, WA: $68,842 (2026)
Quick Answer:A full-time real estate agent in Mountlake Terrace, WA earns a median $68,842/year (≈ $33.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Mountlake Terrace's price level (7% above national, BEA RPP 107.4), that paycheck buys what $64,099 would nationally. Nominal pay sits 7.4% below the Washington state average.
Based on BLS state-level estimates · View source
In the wake of the 2024 NAR settlement that transformed commission structures, the real estate agent salary in Mountlake Terrace, WA, has seen projections for 2026 indicating a median annual salary of $68,842. This figure reflects a salary range from approximately $47,125 for the lower 10% of earners to around $106,706 for the top 90%. These estimates are derived from BLS state-level data and regional price adjustments, highlighting a market that has adjusted to significant changes in compensation dynamics. As Mountlake Terrace continues to experience shifts in its real estate landscape, agents must adapt to the implications of these commission changes and structure their strategies accordingly.
About the Mountlake Terrace Market
Salary estimated from Washington average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $47,125 | $22.65 |
| Lower Range (P25) | $54,317 | $26.12 |
| Median (P50)(typical) | $68,842 | $33.10 |
| Upper Range (P75) | $88,118 | $42.37 |
| Top Earners (P90) | $106,706 | $51.30 |
Median Salary Position
28.38% above the national average
2026 Salary Percentile Distribution in Mountlake Terrace
In Mountlake Terrace, WA, the real estate agent salary spread from the 10th to 90th percentile is $59,581 (2026 est.). At $68,842, the local median is 28.38% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Mountlake Terrace: You'd be in the lower-middle range
How Mountlake Terrace Real Estate Agent Pay Compares
Mountlake Terrace median: $68,842/year (2026)
| Compared To | Median Salary | Mountlake Terrace Pays |
|---|---|---|
| Washington Average | $74,344 | -7.40% less |
| National Average | $53,622 | +28.38% more |
Real Estate Agents in Mountlake Terrace, WA earn a median of $68,842 per year (2026 est.), which is 28.38% higher than the national median of $53,622 and 7.40% below the Washington state average of $74,344.
Cost-of-Living Adjusted Salary
Mountlake Terrace has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mountlake Terrace, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $68,842 is competitive, the higher cost of living reduces purchasing power to an effective $64,099 — a 6.89% reduction.
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2019 BLS Actual
$62,818
2025 BLS Actual
$67,825
2026 Current Est.
$68,842
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Mountlake Terrace (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,818 | Actual |
| 2020 | $62,959 | Actual |
| 2021 | $62,061 | Actual |
| 2022 | $64,166 | Actual |
| 2023 | $69,712 | Actual |
| 2024 | $81,529 | Actual |
| 2025 | $67,825 | Actual |
| 2026(current) | $68,842 | Estimated |
| 2027 | $69,875 | Projected |
Based on 7 years of BLS OEWS data for the Mountlake Terrace metropolitan area, the median real estate agent salary grew 8.0% from $62,818 (2019) to $67,825 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $69,875 by 2027 — a total increase of $7,057 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mountlake Terrace 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) | $47,125 – $54,317 |
| 3-5 years (Mid Career) | $54,317 – $68,842 |
| 5+ years (Experienced) | $68,842 – $88,118 |
| 10+ years (Top Earner) | $88,118 – $106,706 |
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 Mountlake Terrace
The local job market for real estate agents in Mountlake Terrace consists of just four employed professionals, which may suggest a competitive environment for real estate agent pay. With a cost-of-living index of 107.4, agents in the area may face challenges in maximizing their purchasing power. National franchise brokerages such as Keller Williams and Coldwell Banker often command the highest salaries among local employers, but agents affiliated with luxury specialty firms like Sotheby's could also see considerable income based on transaction volume and average sale prices. The variation in compensation is influenced by several factors: commission splits with brokerages, membership in successful teams, and specialization in high-value markets. To enhance earnings, agents may focus on establishing a robust referral network and evaluating the potential benefits of team membership while remaining sensitive to the impact of commission changes instituted after the 2024 settlement.
More salary data for Mountlake Terrace, WA:
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 $67,825 for real estate agentsin the Mountlake Terrace 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 Mountlake Terrace 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