Michigan Median
$82,510
per year
Hourly Rate
$39.67
based on 2,080 hrs/yr
vs National
+13% vs US median
US median $73,220
State Rank
#6 of 36
1,150 employed here
How much does a Real Estate Broker make in Michigan?
A Real Estate Broker working in Michigan earns a median salary of $82,510 per year, or about $39.67 per hour. That is 13% above the national median of $73,220 for this occupation.
Within Michigan, entry-level pay starts around $43,990 while the top 10% make $118,680 or more. The middle 50% of earners fall between $64,680 and $111,770 a year.
Real Estate Broker salary range in Michigan
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $43,990 | $21.15 |
|
| 25th percentile (early career) | $64,680 | $31.10 |
|
| 50th percentile (median) | $82,510 | $39.67 |
|
| 75th percentile (experienced) | $111,770 | $53.74 |
|
| 90th percentile (top earners) | $118,680 | $57.06 |
|
How Michigan compares
Michigan ranks 6th out of 36 states and territories for Real Estate Broker pay. The top 5 best-paying states:
Real Estate Broker salary in other states
New Jersey $111,390Connecticut $105,800Utah $92,830Washington $82,790Alabama $82,630Maryland $81,550California $80,450New Mexico $80,340Colorado $79,970Virginia $77,270Vermont $76,920Indiana $75,000Hawaii $74,310Arizona $74,260Arkansas $73,800North Dakota $73,300Kansas $69,990Delaware $68,690Florida $66,010Alaska $65,820Ohio $64,510Texas $63,390Montana $63,240Oregon $63,070Illinois $62,540Missouri $62,280Tennessee $60,150West Virginia $58,960Idaho $57,660Maine $55,280North Carolina $52,830New Hampshire $51,490Iowa $50,140Mississippi $41,690Minnesota $39,850
Working as a Real Estate Broker in Michigan
Nationally, about 46,000 people work as Real Estate Brokers in the United States. No college degree is required — most training happens on the job.
Considering a move? Compare Michigan pay ($82,510) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Real Estate Broker make in Michigan?
The median Real Estate Broker salary in Michigan is $82,510 per year, or about $39.67 per hour, per official BLS state wage estimates. Salaries typically range from $43,990 at the entry level to $118,680 for the top 10% of earners.
How does Michigan pay compare to the national average?
Michigan pays Real Estate Brokers about 13% more than the national median of $73,220. Michigan ranks 6th out of 36 states and territories reporting this occupation.
Is Michigan a good state for Real Estate Brokers?
Yes on pay — Michigan pays above the national median for this occupation, at $82,510 a year. About 1,150 Real Estate Brokers are employed in Michigan. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in Michigan?
The highest-paying occupations in Michigan include Radiologist ($485,920), Airline Pilots, Copilots, and Flight Engineers ($428,570), Cardiologist ($419,030), based on median annual pay in official BLS state estimates.
← See the national Real Estate Broker salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.