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

Estimated salaries are adjusted for Lansing's cost of living (index: 88). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Lansing β€” Key Numbers

$47,784
Median Salary
$28,230
25th Percentile
$82,157
75th Percentile
$140,114
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median-12.0%
Lansing median household income$55,400
vs. City household income-13.7%

Cost of Living in Lansing

Cost of Living Index
88(100 = avg)
Median Monthly Rent$950/mo
Rent-to-Income Ratio23.9%
Annual rent cost$11,400
Median Home Price$195,000
Home Price / Salary4.1Γ—
20% Down Payment$39,000
Years to save (20% rate)4.1 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 Lansing

4.4%
Unemployment Rate
540,000
Metro Population
21 min
Avg Commute
34.8
Median Age

Lansing has a metro population of 540,000, offering a sizeable job market with strong opportunities across key sectors. The 4.4% unemployment rate is near the national average.

Real Estate Agent Salary β€” Other Michigan Cities

Frequently Asked Questions

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

The estimated median salary for a Real Estate Agent in Lansing is $47,784 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Lansing's cost of living index (88). The typical salary range runs from $28,230 (25th percentile) to $82,157 (75th percentile), with top earners reaching $140,114.

Is Lansing affordable for a Real Estate Agent?

On a $47,784 annual salary, a Real Estate Agent in Lansing would spend approximately 23.9% of gross monthly income on median rent ($950/month). This is well within the 28% affordability threshold, making Lansing relatively affordable for this profession. The median home price of $195,000 is 4.1Γ— the annual salary.

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

Lansing's median household income is $55,400. A Real Estate Agent earning the city-adjusted median of $47,784 earns 13.7% less than the typical Lansing household income. This may reflect that the profession is entry-level or that Lansing 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.