Skip to main content

Real Estate Agent Salary in Providence, RI β€” 2026 Guide

Estimated salaries are adjusted for Providence's cost of living (index: 115). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Providence β€” Key Numbers

$62,445
Median Salary
$36,892
25th Percentile
$107,364
75th Percentile
$183,103
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median+15.0%
Providence median household income$66,200
vs. City household income-5.7%

Cost of Living in Providence

Cost of Living Index
115(100 = avg)
Median Monthly Rent$1,725/mo
Rent-to-Income Ratio33.1%
Annual rent cost$20,700
Median Home Price$380,000
Home Price / Salary6.1Γ—
20% Down Payment$76,000
Years to save (20% rate)6.1 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 Providence

4.0%
Unemployment Rate
1,640,000
Metro Population
25 min
Avg Commute
37
Median Age

Providence has a metro population of 1,640,000, offering a sizeable job market with strong opportunities across key sectors. The 4.0% unemployment rate is near the national average.

Frequently Asked Questions

How much does a Real Estate Agent make in Providence, RI?

The estimated median salary for a Real Estate Agent in Providence is $62,445 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Providence's cost of living index (115). The typical salary range runs from $36,892 (25th percentile) to $107,364 (75th percentile), with top earners reaching $183,103.

Is Providence affordable for a Real Estate Agent?

On a $62,445 annual salary, a Real Estate Agent in Providence would spend approximately 33.1% of gross monthly income on median rent ($1,725/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $380,000 is 6.1Γ— the annual salary.

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

Providence's median household income is $66,200. A Real Estate Agent earning the city-adjusted median of $62,445 earns 5.7% less than the typical Providence household income. This may reflect that the profession is entry-level or that Providence 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.