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2026 Salary Data — Minneapolis, MN
Updated April 28, 2026

Real Estate Agent Salary in Minneapolis: $62K Median

Real Estate Agents in Minneapolis, MN earn between $35K and $182K per year.

That's +10% above the US national median of $56,620 for this role.

Quick Answer

As of April 2026, the median Real Estate Agent salary in Minneapolis, MN is $62,282 per year — +10% above the US national median of $56,620. Salaries range from $35,200 (entry, 25th percentile) to $181,500 (90th percentile). Real Estate Agents in Minneapolis earned approximately $12,975 in 2025, representing 380.0% year-over-year growth.

Median
$62,282
+380.0% YoY · $5,190/mo
Entry
$38,500
0–2 years
Experienced
$132,000
5+ years
Top 10%
$181,500
Senior/lead
Real Estate Agent Salary — Minneapolis vs Nearby
Minneapolis
$62K
Philadelphia
$59K
+6% vs Minneapolis
Las Vegas
$54K
+16% vs Minneapolis
Chicago
$59K
+5% vs Minneapolis

Free ATS scan · Minneapolis employers · Results in 60 seconds

About Real Estate Agents in Minneapolis

Real estate agents help buyers and sellers navigate property transactions, mostly compensated through commissions.

Core Responsibilities

  • Property listings and showings
  • Client representation
  • Negotiation
  • Market analysis
  • Marketing

Education & Certifications

Typical path: High school + state-specific licensing course

In-demand certifications

State real estate licenseNAR REALTOR designationCRSABRGRI

Minneapolis Job Market

Twin Cities hub with major Fortune 500 corporate presence.

Population
429K
Cost of Living
109
vs 100 US avg
Unemployment
3%
Median Home
$350K

Top Industries in Minneapolis

Healthcare (UnitedHealth)FinanceRetail (Target)ManufacturingTech

Top Employers Hiring Real Estate Agents

Major employers active in Minneapolis or hiring remotely from this metro.

Independent (most agents)
Compass
eXp Realty
Redfin
Coldwell Banker
Berkshire Hathaway

All major employers use ATS software.

Workday, Greenhouse, Taleo, and iCIMS auto-screen 75% of resumes before a human ever sees them. Scan your resume free to see your match rate.

2026 Hot Skills & Resume Keywords

Skills that command salary premiums and pass ATS keyword filters.

Hottest 2026 Skills

These appear in the highest-paying Real Estate Agent listings.

Digital marketingCRM (KW Command)Virtual toursAI toolsLocal market expertise

ATS Resume Keywords

Include these naturally throughout your resume.

real estate licenseCRMMLSnegotiationlead generationclosingmarket analysis
Career Outlook
+5% Growth Projected (2024-2034)

Real estate agent income highly variable based on market and effort. Top 10% earn $200K+ in hot markets.

Real Estate Agent Salary Breakdown — Minneapolis

PeriodEntry (25th)Median (50th)Top (90th)
Annual$35,200$62,282$181,500
Monthly$2,933$5,190$15,125
Weekly$677$1,198$3,490
Hourly$17$30$87

Based on 2080 working hours/year. Local figures derived from BLS Occupational Employment and Wage Statistics national median ($56,620) adjusted for Minneapolis's cost-of-living multiplier (1.10×, sourced from BEA Regional Price Parities).

Real Estate Agent Take-Home Pay in Minneapolis

After federal, state and FICA taxes — single filer, standard deduction.

Net Annual Take-Home
$48,048.039
Per month$4,004
Biweekly paycheck$1,848
Effective tax rate22.9%

Tax Breakdown on $62,282

Gross salary$62,282
Federal income tax−$5,483.34
Minnesota state tax−$3,986.048
FICA (Social Security + Medicare)−$4,764.573
Take-home (net)$48,048.039

Estimates assume single filer, standard deduction ($14,600 for 2026), no 401(k)/HSA/dependents. Actual take-home varies with deductions, dependents, and benefits elections. Not tax advice.

Real Estate Agent Salary by Experience — Minneapolis

Career-stage progression for Real Estate Agents in Minneapolis.

ExperienceAnnual Salary
0–1 yr$35,420
2–3 yr$38,500
4–6 yr$85,250
7–10 yr$132,000
11–15 yr$155,760
15+ yr$156,750

Curve derived from BLS percentile data adjusted for Minneapolis's 1.10× cost-of-living multiplier. Highlighted row = 7–10 year experienced level.

Year-Over-Year Trend

+380.0% vs 2025

2025 median:$12,975
2026 median:$62,282
Change:+$49,307

Sales sector growth driven by demand for Digital marketing and CRM (KW Command).

Is This A Good Salary?

Livable middle-class

Cost-adjusted, this is a workable middle-class salary. Budgeting matters - dual-income households fare materially better, and saving for a down payment will take discipline.

COL-Adjusted Purchasing Power
$57,139
Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.

How to Negotiate Your Real Estate Agent Salary in Minneapolis

Walk-away anchor: $56,620 (offers below this are below market for Minneapolis).

Leverage Points

  • Quota attainment history: bring receipts (% to plan, presidents club, ranking)
  • OTE (on-target earnings) split, accelerators above quota, and ramp-period guarantee
  • Territory quality, account list, and existing pipeline you inherit
  • Average deal size and sales cycle length vs. comparable roles

Beyond Base Salary, Negotiate

Ramp-period guaranteed commission (60-90 days at full target)Accelerators above quota (1.5x-3x past 100%)Sign-on bonus to offset commission you forfeit by leavingSPIFs, presidents club trips, equity for senior AEsQuality territory and named-account list

What To Say

"I've hit 120% of quota three years running. I'm comfortable with this OTE if we add accelerators above 100% attainment and a 90-day ramp guarantee at full pay."

Anchor on $132K–$182K for experienced roles, citing Minneapolis market data and your specific Digital marketing/CRM (KW Command) expertise.

Real Estate Agent Salary FAQ — Minneapolis

What is the average Real Estate Agent salary in Minneapolis, MN?
The average Real Estate Agent salary in Minneapolis is $62,282 per year as of April 2026 — $5,190/month, $1,198/week, or about $30/hour. Salaries range from $35,200 (entry, 25th percentile) up to $181,500 (experienced, 90th percentile). Source: BLS Occupational Employment and Wage Statistics adjusted for Minneapolis's cost-of-living multiplier (1.10×).
Is $62,282 a good Real Estate Agent salary in Minneapolis?
Livable middle-class. Cost-adjusted, this is a workable middle-class salary. Budgeting matters - dual-income households fare materially better, and saving for a down payment will take discipline. Minneapolis's cost-of-living index is 109 (vs 100 nationally), giving $62,282 a real purchasing power of approximately $57,139 in national terms. Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.
Can you live on $62,282 in Minneapolis?
Dual-income households support a comfortable family lifestyle. Single-earner families on the median may need to compromise on neighborhood, square footage, or college savings. Aim for 28-30% of pre-tax income on rent. The classic 30% rule still works here, though housing costs are creeping up faster than wages. For Minneapolis specifically (median home price $350,000), a $62,282 salary supports a moderate lifestyle with careful budgeting.
Is $62,282 enough for a single person in Minneapolis?
A single adult in Minneapolis typically needs ~$49,050 for a comfortable lifestyle (housing, food, transport, healthcare, modest savings). A $62,282 salary is above that threshold — a single person can live comfortably with reasonable budgeting.
Is $62,282 enough for a couple in Minneapolis?
A couple (one earner) in Minneapolis typically needs ~$78,480 for a comfortable lifestyle. A $62,282 salary as the sole household income is below the comfortable threshold — most couples at this level need both partners working or significant lifestyle adjustments. Two earners at $62,282 each ($124,564 household) provides solid middle-class comfort.
Is $62,282 enough for a family of 4 in Minneapolis?
A family of 4 (one earner) in Minneapolis typically needs ~$119,900 for a comfortable middle-class lifestyle (housing for 4, childcare/school, food, healthcare, transport, savings). A $62,282 salary as the sole household income is below the comfortable threshold — most families need a second income or to live in cheaper suburbs/exurbs of Minneapolis. Childcare costs in Minneapolis typically run $16K-$31K per child per year.
What is the take-home pay for a Real Estate Agent in Minneapolis?
On a $62,282 Real Estate Agent salary in Minneapolis, MN, you take home approximately $48,048.039 per year ($4,004/month, $1,848 per biweekly paycheck) after taxes. Breakdown: federal $5,483.34, state $3,986.048, FICA $4,764.573. Effective tax rate: 22.9%. (Single filer, standard deduction, no other adjustments.)
How much do Real Estate Agents in Minneapolis earn compared to the US average?
Real Estate Agents in Minneapolis earn approximately 10% more than the US national median for this role ($56,620 nationally vs $62,282 in Minneapolis). However, Minneapolis's cost-of-living index of 109 means real purchasing power is approximately $57,139 when adjusted for local prices.
What does an entry-level Real Estate Agent earn in Minneapolis?
Entry-level Real Estate Agents in Minneapolis typically start at around $38,500 (0–2 years experience). With 5+ years, Real Estate Agents earn $132,000 or more. Top earners (90th percentile) reach $181,500+, typically at senior or lead levels with specialized skills.
Did Real Estate Agent salaries in Minneapolis increase in 2026?
Yes — Real Estate Agent salaries in Minneapolis grew approximately 380.0% year-over-year, from $12,975 in 2025 to $62,282 in 2026 (+$49,307). This reflects the broader Sales sector's compensation trend, driven by Digital marketing and CRM (KW Command) demand.
What's the job outlook for Real Estate Agents in Minneapolis?
Real estate agent income highly variable based on market and effort. Top 10% earn $200K+ in hot markets. Minneapolis's top industries include Healthcare (UnitedHealth), Finance, Retail (Target), and the metro's current unemployment rate is 3% — a tight labor market favoring candidates.
What skills are most in demand for Real Estate Agents in 2026?
The hottest 2026 skills for Real Estate Agents are: Digital marketing, CRM (KW Command), Virtual tours, AI tools, Local market expertise. ATS systems specifically scan for these keywords. Adding them to your resume — naturally and in context — significantly improves your match rate with employers in Minneapolis.
Who are the top employers hiring Real Estate Agents in Minneapolis?
Top employers hiring Real Estate Agents in or near Minneapolis include: Independent (most agents), Compass, eXp Realty, Redfin, Coldwell Banker, Berkshire Hathaway. Most use ATS software (Workday, Greenhouse, Taleo, iCIMS) to screen resumes — meaning your resume must be ATS-optimized to even get a human reader.
How do I negotiate a higher Real Estate Agent salary in Minneapolis?
I've hit 120% of quota three years running. I'm comfortable with this OTE if we add accelerators above 100% attainment and a 90-day ramp guarantee at full pay. Key leverage points for Sales negotiations: Quota attainment history: bring receipts (% to plan, presidents club, ranking); OTE (on-target earnings) split, accelerators above quota, and ramp-period guarantee; Territory quality, account list, and existing pipeline you inherit. Beyond base salary, negotiate for: Ramp-period guaranteed commission (60-90 days at full target), Accelerators above quota (1.5x-3x past 100%), Sign-on bonus to offset commission you forfeit by leaving, SPIFs, presidents club trips, equity for senior AEs.
How can I increase my Real Estate Agent salary in Minneapolis?
Three highest-leverage moves: (1) Add 2026's hot skills (Digital marketing, CRM (KW Command), Virtual tours) — they command 15-30% premiums. (2) Get a recognized certification (e.g., State real estate license or NAR REALTOR designation). (3) Tailor your resume to each role's keywords — CVCraft's ATS scanner shows you exactly what's missing.
What education do I need to become a Real Estate Agent in Minneapolis?
High school + state-specific licensing course is the typical path. However, Minneapolis's competitive market increasingly values demonstrable skills, portfolios, and certifications alongside (or in place of) traditional degrees — particularly for Sales roles.

Methodology & Sources

Real Estate Agent salary figures for Minneapolis are computed by adjusting the BLS national median ($56,620) by Minneapolis's cost-of-living multiplier of 1.10× — a composite of regional wage data and price parities. Year-over-year change (380.0%) reflects the Sales sector's 2025-2026 wage growth per BLS Employment Cost Index trends. Last reviewed April 28, 2026.

Data Sources

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Real Estate Agent Salary in Other Cities

Austin, TX$65KDenver, CO$62KPortland, OR$62KBaltimore, MD$62KSacramento, CA$61K

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