SOC 41-9021 · Grand Rapids-Wyoming-Kentwood, MI metro

Real Estate Brokers Salary in Grand Rapids, MI

The average salary for real estate brokers in Grand Rapids, Michigan is $81,500 a year ($39.19 an hour), according to BLS estimates for May 2025. The median is $58,340: half of the people in this job in the Grand Rapids-Wyoming-Kentwood, MI metro area earn more than that, half earn less. That average is about the same as the U.S. average for this job ($83,950).

$81,500average per year

$39.19 / hourMedian $58,340Take-home ≈ $61,812

  • $31K10th
  • $45K25th
  • $58KMedian
  • $76K75th
  • $220K90th

median average · bar = middle 50% of workers · how to read it

n/apeople in this job
-3%vs U.S. average
#4 of 4Michigan metros
96cost of living (U.S. = 100)
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Real Estate Brokers pay range in Grand Rapids

New workers and the lowest-paid 10% earn about $31,340 a year or less, while the top 10% make $219,700 or more. The middle half of real estate brokers in Grand Rapids earn between $45,330 and $75,980.

  • $31K10th
  • $45K25th
  • $58KMedian
  • $76K75th
  • $220K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$81,500$6,792$39.18
Median$58,340$4,862$28.05
Entry level (25th percentile)$45,330$3,778$21.79
Experienced (75th percentile)$75,980$6,332$36.53

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Real Estate Brokers pay in Grand Rapids vs. Michigan and the U.S.

Real estate brokers in Grand Rapids earn 6% less than the Michigan average ($86,600) and about the same as the U.S. average ($83,950). At the median the gap is -20% against the U.S. median of $73,220.

AreaAverageMedian10th pct.90th pct.Jobs
Grand Rapids$81,500$58,340$31,340$219,700n/a
Michigan$86,600$82,510$43,990$118,6801,150
United States$83,950$73,220$37,110$143,30046,100

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Real Estate Brokers salary after taxes in Grand Rapids

On the average salary of $81,500, a single filer in Grand Rapids takes home about $61,812 a year, or $5,151 a month and $2,377 every two weeks. Taxes take 24% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Grand Rapids's local income tax (1.5%).

Michigan paycheck calculator: try your own salary

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Is Grand Rapids a good place for real estate brokers? Pay vs. cost of living

Prices in the Grand Rapids area are 4% below the U.S. average (BEA price parity 95.5), so the average $81,500 buys what about $85,299 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Grand Rapids ($47,570). A typical home costs $359,923, or 4.4 years of this average salary before tax.

See what $81,500 is worth in another city

Real Estate Brokers salary in other Michigan cities

Grand Rapids ranks 4th of 4 Michigan metro areas for this job; Lansing pays the most ($87,070).

All Real Estate Brokers salaries in Michigan

Highest-paying cities for real estate brokers

Milwaukee, WI pays this job the most of the metro areas we cover ($137,160).

Real Estate Brokers salary by city

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Reviewed before it counts. Real Estate Brokers in Grand Rapids, MI.

Real Estate Brokers salary in Grand Rapids: questions

How much do real estate brokers make an hour in Grand Rapids?

$39.19 an hour on average, and $28.05 at the median (BLS, May 2025).

What is the entry-level real estate brokers salary in Grand Rapids?

The lowest-paid 10% earn about $31,340 a year and the 25th percentile is $45,330, a fair guide to starting pay.

What is the real estate brokers take-home pay in Grand Rapids?

About $61,812 a year ($5,151 a month) for a single filer on the average salary of $81,500. Includes Grand Rapids's local income tax (1.5%).

Do real estate brokers earn more in Grand Rapids than elsewhere?

The average here is about the same as the U.S. average for this job ($83,950).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 41-9021; area Grand Rapids-Wyoming-Kentwood, MI (24340). Relative standard error of the mean wage: 13.7%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Grand Rapids's local income tax (1.5%).

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