Real Estate Agent Salary in Sheridan, WY: $49,047 (2026)
Quick Answer:A full-time real estate agent in Sheridan, WY earns a median $49,047/year (≈ $23.58/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Sheridan's price level (4% below national, BEA RPP 95.8), that paycheck buys what $51,197 would nationally. Nominal pay sits 4.5% below the Wyoming state average.
Based on BLS state-level estimates · View source
In Sheridan, WY, the projected median annual salary for real estate agents in 2026 is $49,047, which is approximately 8.53% lower than the national median of $53,622. Local agents experience a salary range from $31,979 at the 10th percentile to as high as $76,022 at the 90th percentile. These figures, derived from state-level data and adjusted for regional cost variations, reflect the realities of the market, influenced significantly by the structural choices agents make—opting to work independently or as part of a team can affect earning potential. Those in team-based environments might enjoy more consistent leads, while solo agents may have higher commission splits but face challenges in consistently closing deals.
About the Sheridan Market
Salary estimated from Wyoming average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $31,979 | $15.38 |
| Lower Range (P25) | $37,537 | $18.05 |
| Median (P50)(typical) | $49,047 | $23.58 |
| Upper Range (P75) | $62,780 | $30.19 |
| Top Earners (P90) | $76,022 | $36.55 |
Median Salary Position
8.53% below the national average
2026 Salary Percentile Distribution in Sheridan
In Sheridan, WY, the real estate agent salary spread from the 10th to 90th percentile is $44,043 (2026 est.). At $49,047, the local median is 8.53% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Sheridan: You'd be in the lower-middle range
How Sheridan Real Estate Agent Pay Compares
Sheridan median: $49,047/year (2026)
| Compared To | Median Salary | Sheridan Pays |
|---|---|---|
| Wyoming Average | $51,358 | -4.50% less |
| National Average | $53,622 | -8.53% less |
Real Estate Agents in Sheridan, WY earn a median of $49,047 per year (2026 est.), which is 8.53% lower than the national median of $53,622 and 4.50% below the Wyoming state average of $51,358.
Cost-of-Living Adjusted Salary
Sheridan has a cost of living 4.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sheridan, WY has a cost-of-living index of 95.8 (below the national average of 100). A real estate agent earning $49,047 nominally has purchasing power equivalent to $51,197 in an average-cost city — an effective 4.38% boost.
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2019 BLS Actual
$44,755
2025 BLS Actual
$48,322
2026 Current Est.
$49,047
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Sheridan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $44,755 | Actual |
| 2020 | $44,855 | Actual |
| 2021 | $44,215 | Actual |
| 2022 | $45,715 | Actual |
| 2023 | $49,667 | Actual |
| 2024 | $53,051 | Actual |
| 2025 | $48,322 | Actual |
| 2026(current) | $49,047 | Estimated |
| 2027 | $49,783 | Projected |
Based on 7 years of BLS OEWS data for the Sheridan metropolitan area, the median real estate agent salary grew 8.0% from $44,755 (2019) to $48,322 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $49,783 by 2027 — a total increase of $5,028 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sheridan 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) | $31,979 – $37,537 |
| 3-5 years (Mid Career) | $37,537 – $49,047 |
| 5+ years (Experienced) | $49,047 – $62,780 |
| 10+ years (Top Earner) | $62,780 – $76,022 |
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 Sheridan
With only five real estate agents currently employed in Sheridan, the job market is notably small, yet the area boasts a cost-of-living index of 95.8, suggesting that agents may retain more purchasing power relative to their earnings. Among Sherman's employers, national franchise brokerages like Keller Williams and RE/MAX generally offer higher pay compared to local independent firms and discount brokerages. Transaction volume and average sale price drive the divergence in earnings. Agents focused on luxury markets or those who form strong referral networks might find better opportunities, especially following the evolving commission structures post-2024 NAR settlement. To maximize pay in this specific market, embracing team-based affiliations for increased lead generation alongside crafting niche specialties can help agents enhance their income potential while navigating the changing commission landscape.
More salary data for Sheridan, WY:
Frequently Asked Questions
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Can real estate agents make $100K in Sheridan?
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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 $48,322 for real estate agentsin the Sheridan 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 Sheridan 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