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Real Estate Agent Salary in Ann Arbor, MI β€” 2026 Guide

Estimated salaries are adjusted for Ann Arbor's cost of living (index: 116). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Ann Arbor β€” Key Numbers

$62,988
Median Salary
$37,213
25th Percentile
$108,298
75th Percentile
$184,695
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median+16.0%
Ann Arbor median household income$78,600
vs. City household income-19.9%

Cost of Living in Ann Arbor

Cost of Living Index
116(100 = avg)
Median Monthly Rent$1,730/mo
Rent-to-Income Ratio33.0%
Annual rent cost$20,760
Median Home Price$420,000
Home Price / Salary6.7Γ—
20% Down Payment$84,000
Years to save (20% rate)6.7 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Ann Arbor

3.0%
Unemployment Rate
370,000
Metro Population
22 min
Avg Commute
31.2
Median Age

Ann Arbor has a metro population of 370,000, offering a growing job market with opportunities especially in established local industries. The 3.0% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Real Estate Agent Salary β€” Other Michigan Cities

Frequently Asked Questions

How much does a Real Estate Agent make in Ann Arbor, MI?

The estimated median salary for a Real Estate Agent in Ann Arbor is $62,988 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Ann Arbor's cost of living index (116). The typical salary range runs from $37,213 (25th percentile) to $108,298 (75th percentile), with top earners reaching $184,695.

Is Ann Arbor affordable for a Real Estate Agent?

On a $62,988 annual salary, a Real Estate Agent in Ann Arbor would spend approximately 33.0% of gross monthly income on median rent ($1,730/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $420,000 is 6.7Γ— the annual salary.

How does a Real Estate Agent's salary compare to Ann Arbor's overall income?

Ann Arbor's median household income is $78,600. A Real Estate Agent earning the city-adjusted median of $62,988 earns 19.9% less than the typical Ann Arbor household income. This may reflect that the profession is entry-level or that Ann Arbor has a particularly high median household income due to high-earning industries.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.