Real Estate Agent Salary in Minneapolis
2026 compensation data for Real Estate Agent positions in Minneapolis, MN. Ranges from $36,000 (entry-level) to $163,000 (senior). Median: $73,000.
Median (Mid)
$73,000
$35.1/hr
vs National
+11%
US: $66,000
COL Index
108
vs US avg = 100
Senior Max
$163,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $36,000 | $45,000 | $56,000 | $21.63/hr |
| Mid-Level (3–5 yrs) | $56,000 | $73,000 | $92,000 | $35.1/hr |
| Senior (6+ yrs) | $92,000 | $124,000 | $163,000 | $59.62/hr |
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Practice negotiating this salaryWhat Your Salary Is Really Worth in Minneapolis
A mid-level real estate agent earning $73,000 in Minneapolis has the same buying power as $68,000 in an average US city, after adjusting for the local cost of living (COL index 108).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Real Estate Agent Salaries in Minneapolis
Facilitate property transactions, advise clients on market conditions, pricing strategies, and negotiate deals. This page covers real estate agent compensation specifically in Minneapolis, MN.
The median real estate agent salary in Minneapolis, MN is $73,000 for mid-level professionals, which is 11% above the national median. With a cost of living index of 108 (national average = 100), Minneapolis offers a moderate cost of living with competitive salaries.
Entry-level real estate agents in Minneapolis can expect to earn between $36,000 and $56,000 (about $21.63/hour), while senior professionals with 6+ years of experience earn up to $163,000 ($163K annually, or about $78.37/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Minneapolis.
Frequently Asked Questions: Real Estate Agent Salary in Minneapolis
What is the average Real Estate Agent salary in Minneapolis?+
The average Real Estate Agent salary in Minneapolis is $73,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $45,000 and senior-level pay reaches $124,000.
How much does an entry-level real estate agent make in Minneapolis?+
Entry-level real estate agents in Minneapolis earn between $36,000 and $56,000, with a median of $45,000 per year (about $21.63/hour).
What is the hourly rate for a Real Estate Agent in Minneapolis?+
Based on a 2,080-hour work year, a Real Estate Agent in Minneapolis earns roughly $21.63/hour at entry-level, $35.1/hour at mid-level, and $59.62/hour at senior-level.
Is the Real Estate Agent salary in Minneapolis higher than the US average?+
Yes — Real Estate Agent salaries in Minneapolis are about 11% higher than the US national median of $66,000.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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