Tennessee Median
$60,150
per year
Hourly Rate
$28.92
based on 2,080 hrs/yr
vs National
-18% vs US median
US median $73,220
State Rank
#28 of 36
540 employed here
How much does a Real Estate Broker make in Tennessee?
A Real Estate Broker working in Tennessee earns a median salary of $60,150 per year, or about $28.92 per hour. That is 18% below the national median of $73,220 for this occupation.
Within Tennessee, entry-level pay starts around $33,560 while the top 10% make $108,370 or more. The middle 50% of earners fall between $36,620 and $72,660 a year.
Real Estate Broker salary range in Tennessee
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $33,560 | $16.13 |
|
| 25th percentile (early career) | $36,620 | $17.61 |
|
| 50th percentile (median) | $60,150 | $28.92 |
|
| 75th percentile (experienced) | $72,660 | $34.93 |
|
| 90th percentile (top earners) | $108,370 | $52.10 |
|
How Tennessee compares
Tennessee ranks 28th 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 $82,630Michigan $82,510Maryland $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 $62,280West 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 Tennessee
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 Tennessee pay ($60,150) 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 Tennessee?
The median Real Estate Broker salary in Tennessee is $60,150 per year, or about $28.92 per hour, per official BLS state wage estimates. Salaries typically range from $33,560 at the entry level to $108,370 for the top 10% of earners.
How does Tennessee pay compare to the national average?
Tennessee pays Real Estate Brokers about 18% less than the national median of $73,220. Tennessee ranks 28th out of 36 states and territories reporting this occupation.
Is Tennessee a good state for Real Estate Brokers?
Pay runs below the national median here, at $60,150 a year. About 540 Real Estate Brokers are employed in Tennessee. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in Tennessee?
The highest-paying occupations in Tennessee include Cardiologist ($610,080), Dermatologist ($433,630), Surgeon, All Other ($373,510), 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.