Real Estate Brokers Salary in Arizona
Official Bureau of Labor Statistics Data - May 2024 - AZ
Median Annual Salary in Arizona
$70,580
$33.93 / hour
▼ 2.0% below national avg
National Median
$72,020
$34.63 / hour nationally
COL-Adjusted Purchasing Power
$68,062
Missouri equivalent (COL: 103.7)
Real Estate Brokers Salary in Arizona
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $37,407 |
| 25th Percentile | $50,818 |
| 50th (Median) | $70,580 |
| 75th Percentile | $97,400 |
| 90th (Top Earners) | $121,398 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Arizona median salary of $70,580 for Real Estate Brokers has the purchasing power of approximately $68,062 in Missouri (the COL baseline state with index 100).
Arizona's higher cost of living (COL index: 103.7) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Real Estate Brokers make in Arizona?
Real Estate Brokers in Arizona earn a median annual salary of $70,580 per year ($33.93/hr) according to BLS OEWS data (May 2024). This is below the national median of $72,020.
Is Arizona a good state for Real Estate Brokers?
Arizona pays slightly below the national average for real estate brokers. Cost of living in Arizona is near the national average (COL index: 103.7).
What is the cost-of-living adjusted salary for Real Estate Brokers in Arizona?
After adjusting for cost of living (COL index: 103.7 vs. Missouri baseline of 100), the $70,580 salary in Arizona has the purchasing power of approximately $68,062 in Missouri. Higher living costs in Arizona reduce real purchasing power.
How does Arizona compare to neighboring states for Real Estate Brokers salaries?
For detailed comparison across all states, see the full Real Estate Brokers salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Arizona
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Radiologists | $303,722 |
| 2 | Orthopedic Surgeons, Except Pediatric | $300,096 |
| 3 | Neurologists | $289,688 |
| 4 | Surgeons, All Other | $288,630 |
| 5 | Ophthalmologists, Except Pediatric | $266,442 |
| 6 | Physicians, Pathologists | $239,042 |
| 7 | General Internal Medicine Physicians | $238,473 |
| 8 | Obstetricians and Gynecologists | $234,416 |
| Source: BLS OEWS May 2024 | ||
About Real Estate Brokers in Arizona
Real Estate Brokers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the sales sector of the U.S. economy.
Education Required: High school diploma