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Real Estate Brokers in Illinois

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Real Estate Brokers in Illinois

Is Illinois a good place for you to work as a Real Estate Broker?

-1% Jobs Projection
$51,920 Median Salary
350 Job Openings

While jobs for Real Estate Brokers in Illinois are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Real Estate Brokers in Illinois is expected to decrease.

  • Real Estate Brokers in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Real Estate Brokers Work in Illinois?

In Illinois, there were 1,780 people working as Real Estate Brokers in the year 2018.

There were 2,590 Real Estate Brokers employed in this state in 2017.

That’s a decline of 810 jobs between 2017 and 2018.

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The typical state has 460 Real Estate Brokers working in it, which means Illinois has more Real Estate Brokers than average.

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Job Projections for Illinois

Jobs for Real Estate Brokers in this state are declining at a rate of 0.5% which is a faster decline than the nationwide estimated projection of 4.9%.

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Illinois Annual Job Openings

The BLS estimates 350 annual job openings, and a total of 3,940 jobs for Illinois Real Estate Brokers in 2026.

Nationwide, the prediction is 9,300 annual jobs and 100,000 total jobs in 2026.

What do Real Estate Brokers Make in Illinois?

In 2018 wages for Real Estate Brokers ranged from $18,350 to $208,000 with $51,920 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $8.82 to $100. The median hourly rate was $24.96.

Workers in this field were paid a median of $25.33 an hour in 2017.

The hourly rate declined by $0.37.

The median salary in Illinois is higher than the nationwide median salary.

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Top Illinois Metros for Real Estate Brokers

The table below shows some of the metros in this state with the most Real Estate Brokers.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 1,680 $52,260
St. Louis, MO-IL 610 n/a

Top States for Real Estate Brokers Employment

The table below shows the states where most Real Estate Brokers work.

State Number Employed Annual Median Salary
California 5,700 $56,500
North Carolina 3,700 $39,890
Florida 3,010 $49,080
Colorado 2,900 $57,100
Texas 2,170 $78,020
Illinois 1,780 $51,920
Missouri 1,760 $36,180
Arizona 1,730 $58,010
New York 1,550 $68,760
Virginia 1,510 $74,480
Oregon 1,500 $57,800
South Carolina 1,100 $59,160
Massachusetts 900 $0
Pennsylvania 840 $0
Michigan 780 $73,100
Ohio 730 $56,380
Indiana 730 $73,880
Maryland 720 $73,060
Georgia 710 $51,650
Washington 610 $61,050

Below are the states where Real Estate Brokers get paid the most:

State Annual Median Salary
Tennessee $80,020
Connecticut $78,080
Texas $78,020
Virginia $74,480
Wisconsin $74,140
Indiana $73,880
Delaware $73,400
Alaska $73,260
Michigan $73,100
Maryland $73,060

You may also be interested in the following careers:

Occupation IL Employment Total

References

More about our data sources and methodologies.

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