Real Estate Agent Salary in Minneapolis, MN — 2026 Guide
Estimated salaries are adjusted for Minneapolis's cost of living (index: 105). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Real Estate Agent Salary in Minneapolis — Key Numbers
Cost of Living in Minneapolis
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Minneapolis
Minneapolis has a metro population of 3,730,000, offering a large, diverse job market with many employers across all industries. The 3.3% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.
Financial Calculators for Minneapolis
Other Professions in Minneapolis
Frequently Asked Questions
How much does a Real Estate Agent make in Minneapolis, MN?
The estimated median salary for a Real Estate Agent in Minneapolis is $57,015 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Minneapolis's cost of living index (105). The typical salary range runs from $33,684 (25th percentile) to $98,028 (75th percentile), with top earners reaching $167,181.
Is Minneapolis affordable for a Real Estate Agent?
On a $57,015 annual salary, a Real Estate Agent in Minneapolis would spend approximately 23.4% of gross monthly income on median rent ($1,114/month). This is well within the 28% affordability threshold, making Minneapolis relatively affordable for this profession. The median home price of $330,000 is 5.8× the annual salary.
How does a Real Estate Agent's salary compare to Minneapolis's overall income?
Minneapolis's median household income is $80,600. A Real Estate Agent earning the city-adjusted median of $57,015 earns 29.3% less than the typical Minneapolis household income. This may reflect that the profession is entry-level or that Minneapolis has a particularly high median household income due to high-earning industries.
Explore More Salary Data
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.