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Real Estate Brokers in Tennessee

Get the information you need to know about working as a Real Estate Broker.

26.3% Jobs Projection

$80,020 Median Salary

150 Job Openings

You’re in luck! Jobs for Real Estate Brokers in Tennessee are projected to grow and these jobs tend to pay higher than average.

Projected employment for Real Estate Brokers in Tennessee is growing faster than average.
Real Estate Brokers in Tennessee earn higher salaries than the typical U.S. wage earner.

What Major Will Prepare You For a Real Estate Broker Career?

How Many Real Estate Brokers Work in Tennessee?

330 people worked as Real Estate Brokers in 2018 in this state.

There were 450 Real Estate Brokers employed in this state in 2017.

That’s a decline of 120 jobs between 2017 and 2018.

The typical state has 460 Real Estate Brokers working in it, which means Tennessee has fewer Real Estate Brokers than average.

Job Projections for Tennessee

Jobs for Real Estate Brokers in this state are growing at a rate of 26.3% which is faster than the nationwide estimated projection of 4.9%.

Tennessee Annual Job Openings

The BLS estimates 150 annual job openings, and a total of 1,440 jobs for Tennessee Real Estate Brokers in 2026.

Nationwide, the prediction is 9,300 annual jobs and 100,000 total jobs in 2026.

What do Real Estate Brokers Make in Tennessee?

In 2018 wages for Real Estate Brokers ranged from $21,290 to $103,670 with $80,020 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $10.23 to $49.84. The median hourly rate was $38.47.

In 2017 the median pay for this field was $32.1 an hour.

The hourly rate grew by $6.37.

The median salary in Tennessee is higher than the nationwide median salary.

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Top Tennessee Metros for Real Estate Brokers

The table below shows some of the metros in this state with the most Real Estate Brokers.

Metro	Number Employed	Annual Median Salary
Memphis, TN-MS-AR	80	$54,560

Top States for Real Estate Brokers Employment

The table below shows the states where most Real Estate Brokers work.

State	Number Employed	Annual Median Salary
California	5,700	$56,500
North Carolina	3,700	$39,890
Florida	3,010	$49,080
Colorado	2,900	$57,100
Texas	2,170	$78,020
Illinois	1,780	$51,920
Missouri	1,760	$36,180
Arizona	1,730	$58,010
New York	1,550	$68,760
Virginia	1,510	$74,480
Oregon	1,500	$57,800
South Carolina	1,100	$59,160
Massachusetts	900	$0
Pennsylvania	840	$0
Michigan	780	$73,100
Ohio	730	$56,380
Indiana	730	$73,880
Maryland	720	$73,060
Georgia	710	$51,650
Washington	610	$61,050

Below are the states where Real Estate Brokers get paid the most:

State	Annual Median Salary
Tennessee	$80,020
Connecticut	$78,080
Texas	$78,020
Virginia	$74,480
Wisconsin	$74,140
Indiana	$73,880
Delaware	$73,400
Alaska	$73,260
Michigan	$73,100
Maryland	$73,060

You may also be interested in the following careers:

Occupation	Tennessee Employment Total
Real Estate Sales Agents	1,600

References

Bureau of Labor Statistics (BLS)
College Factual
National Center for Education Statistics
O*NET Online
Image Credit: By Godrej Mamurdi Pune under License

More about our data sources and methodologies.

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