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Real Estate Sales Agents salary in Miami, FL

Median pay for real estate sales agents in Miami, FL: $54,950/yr

Typical range (10th–90th percentile): $30,180 – $88,150 · about 10,790 employed locally

Above the typical metro median ($50,020) by +$4,930 (+10%).

What it's really worth in Miami

With Miami's cost of living at 112 (US=100), that $54,950 has the buying power of about $49,024 in an average-cost US metro.

Local context: median household income $69,085 · median home $475,622 · median rent $2,693/mo.

Full Miami cost of living & taxes →

How Miami ranks for this job

On raw pay, Miami, FL is 67th of the 167 metros we hold real estate sales agents wages for. Once Miami's cost of living is applied, it ranks 104th.

The headline number flatters Miami. Once housing and everyday costs are taken into account, real estate sales agents here keep less of what they earn than the raw salary implies.

What that salary buys in Miami

A median home in Miami, FL costs $475,622 — about 8.7× this salary, against a typical US metro figure of 4.7×. Buying is harder here than in the average metro on this income.

Median rent of $2,693/mo works out at 59% of gross pay — above the conventional 30% affordability ceiling, so renting would stretch this salary.

Where real estate sales agents earn more

Pay on its own is only half the picture, so each row shows what rent costs there relative to Miami.

MetroMedian payvs MiamiRent vs Miami
New York, NY $103,960 +89% 1.3×
Buffalo, NY $83,670 +52% 0.5×
Rochester, NY $83,200 +51% 0.6×
Seattle, WA $80,950 +47% 0.8×

Same job elsewhere in FL

MetroMedian payvs MiamiRent vs Miami
Tampa, FL $76,150 +39% 0.7×
Palm Bay, FL $65,340 +19% 0.7×
Cape Coral, FL $61,030 +11% 0.7×
North Port, FL $58,650 +7% 0.8×

Staying in FL keeps state income tax and licensing the same, which makes these the most directly comparable moves.

Other jobs in Miami

Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 167 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.