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Real Estate Agent Salary in Phoenix, AZ β€” 2026 Guide

Estimated salaries are adjusted for Phoenix's cost of living (index: 106). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Phoenix β€” Key Numbers

$57,558
Median Salary
$34,005
25th Percentile
$98,962
75th Percentile
$168,773
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median+6.0%
Phoenix median household income$67,600
vs. City household income-14.9%

Cost of Living in Phoenix

Cost of Living Index
106(100 = avg)
Median Monthly Rent$1,150/mo
Rent-to-Income Ratio24.0%
Annual rent cost$13,800
Median Home Price$420,000
Home Price / Salary7.3Γ—
20% Down Payment$84,000
Years to save (20% rate)7.3 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 Phoenix

3.7%
Unemployment Rate
5,130,000
Metro Population
26 min
Avg Commute
33.8
Median Age

Phoenix has a metro population of 5,130,000, offering a large, diverse job market with many employers across all industries. The 3.7% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Real Estate Agent Salary β€” Other Arizona Cities

Frequently Asked Questions

How much does a Real Estate Agent make in Phoenix, AZ?

The estimated median salary for a Real Estate Agent in Phoenix is $57,558 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Phoenix's cost of living index (106). The typical salary range runs from $34,005 (25th percentile) to $98,962 (75th percentile), with top earners reaching $168,773.

Is Phoenix affordable for a Real Estate Agent?

On a $57,558 annual salary, a Real Estate Agent in Phoenix would spend approximately 24.0% of gross monthly income on median rent ($1,150/month). This is well within the 28% affordability threshold, making Phoenix relatively affordable for this profession. The median home price of $420,000 is 7.3Γ— the annual salary.

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

Phoenix's median household income is $67,600. A Real Estate Agent earning the city-adjusted median of $57,558 earns 14.9% less than the typical Phoenix household income. This may reflect that the profession is entry-level or that Phoenix 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.