Real Estate Sales Agents pay range in Memphis
New workers and the lowest-paid 10% earn about $30,700 a year or less, while the top 10% make $104,960 or more. The middle half of real estate sales agents in Memphis earn between $35,130 and $76,820.
- $31K10th
- $35K25th
- $46KMedian
- $77K75th
- $105K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $58,560 | $4,880 | $28.15 |
| Median | $46,490 | $3,874 | $22.35 |
| Entry level (25th percentile) | $35,130 | $2,928 | $16.89 |
| Experienced (75th percentile) | $76,820 | $6,402 | $36.93 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Real Estate Sales Agents pay in Memphis vs. Tennessee and the U.S.
Real estate sales agents in Memphis earn about the same as the Tennessee average ($57,350) and 16% less than the U.S. average ($69,510). At the median the gap is -12% against the U.S. median of $52,830.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Memphis | $58,560 | $46,490 | $30,700 | $104,960 | 470 |
| Tennessee | $57,350 | $46,250 | $32,160 | $92,010 | 2,360 |
| United States | $69,510 | $52,830 | $32,970 | $123,590 | 193,370 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Real Estate Sales Agents salary after taxes in Memphis
On the average salary of $58,560, a single filer in Memphis takes home about $49,233 a year, or $4,103 a month and $1,894 every two weeks. Taxes take 16% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $49,233 | $4,103 |
| Working in MS | $47,623 | $3,969 |
| Working in AR | $47,554 | $3,963 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for real estate sales agents? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $58,560 buys what about $63,529 would buy in a typical U.S. metro. This job pays 1.0 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 4.2 years of this average salary before tax.
Real Estate Sales Agents salary in other Tennessee cities
Memphis ranks 2nd of 7 Tennessee metro areas for this job; Nashville pays the most ($62,400).
- Nashville$62,400
- Memphis$58,560
- Chattanooga$57,360
- Kingsport$53,730
- Clarksville$52,830
- Knoxville$48,660
- Johnson City$44,220
Highest-paying cities for real estate sales agents
Midland, TX pays this job the most of the metro areas we cover ($118,580).
- Midland, TX$118,580
- Oxnard, CA$116,500
- New York, NY$113,500
- Buffalo, NY$109,760
- Palm Bay, FL$105,970
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Real Estate Sales Agents salary in Memphis: questions
How much do real estate sales agents make an hour in Memphis?
$28.16 an hour on average, and $22.35 at the median (BLS, May 2025).
What is the entry-level real estate sales agents salary in Memphis?
The lowest-paid 10% earn about $30,700 a year and the 25th percentile is $35,130, a fair guide to starting pay.
What is the real estate sales agents take-home pay in Memphis?
About $49,233 a year ($4,103 a month) for a single filer on the average salary of $58,560. Tennessee has no state income tax.
Do real estate sales agents earn more in Memphis than elsewhere?
The average here is 16% less than the U.S. average for this job ($69,510).
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 41-9022; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 5.9%.
- 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 no state income tax.
- Job concentration: location quotient 0.62, this job is less common than in the U.S. overall (location quotient 0.62).
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