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Real Estate Agent Salary in Philadelphia, PA β€” 2026 Guide

Estimated salaries are adjusted for Philadelphia's cost of living (index: 101). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Philadelphia β€” Key Numbers

$54,843
Median Salary
$32,401
25th Percentile
$94,294
75th Percentile
$160,812
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median+1.0%
Philadelphia median household income$54,800
vs. City household income+0.1%

Cost of Living in Philadelphia

Cost of Living Index
101(100 = avg)
Median Monthly Rent$1,350/mo
Rent-to-Income Ratio29.5%
Annual rent cost$16,200
Median Home Price$265,000
Home Price / Salary4.8Γ—
20% Down Payment$53,000
Years to save (20% rate)4.8 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 Philadelphia

4.4%
Unemployment Rate
6,250,000
Metro Population
30 min
Avg Commute
34.8
Median Age

Philadelphia has a metro population of 6,250,000, offering a large, diverse job market with many employers across all industries. The 4.4% unemployment rate is near the national average.

Frequently Asked Questions

How much does a Real Estate Agent make in Philadelphia, PA?

The estimated median salary for a Real Estate Agent in Philadelphia is $54,843 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Philadelphia's cost of living index (101). The typical salary range runs from $32,401 (25th percentile) to $94,294 (75th percentile), with top earners reaching $160,812.

Is Philadelphia affordable for a Real Estate Agent?

On a $54,843 annual salary, a Real Estate Agent in Philadelphia would spend approximately 29.5% of gross monthly income on median rent ($1,350/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $265,000 is 4.8Γ— the annual salary.

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

Philadelphia's median household income is $54,800. A Real Estate Agent earning the city-adjusted median of $54,843 earns 0.1% more than the typical Philadelphia household β€” placing them solidly in the middle-to-upper income tier for the city.

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.