Real Estate Broker salary in Chicago-Naperville-Elgin, IL-IN
Real Estate Brokers in the Chicago-Naperville-Elgin, IL-IN metro area earn a median of $67,320 a year ($32.36 an hour), based on BLS data for 800 workers.
Pay ranges from $35,660 for the lowest-paid 10% to $137,380 for the top 10%. That is 8% lower than the national median of $73,220. Pay here is 8% higher than the Illinois statewide median of $62,540. There are 0.18 real estate brokers per 1,000 jobs here — the job is less common than nationally (location quotient 0.60). The average (mean) salary is $82,190, above the median because a few high earners pull it up.
Pay range for real estate brokers in Chicago-Naperville-Elgin, IL-IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,660 | $17.14 |
| 25th percentile | $51,590 | $24.80 |
| Median | $67,320 | $32.36 |
| 75th percentile | $105,670 | $50.81 |
| 90th percentile (top earners) | $137,380 | $66.05 |
| Average (mean) | $82,190 | $39.52 |
Half of real estate brokers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,610 |
| Semi-monthly (24 a year) | $2,805 |
| Biweekly (26 a year) | $2,589.23 |
| Weekly | $1,294.62 |
| Hourly | $32.36 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $67,320 salary, see how much house you can afford in Illinois at today's mortgage rates, or work out a payment with the mortgage calculator.
Real Estate Broker salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN | $77,200 | n/a |
| Columbus, IN | $75,920 | 30 |
| Evansville, IN | $72,980 | 100 |
| St. Louis, MO-IL | $63,210 | 650 |
| Davenport-Moline-Rock Island, IA-IL | $41,220 | 60 |
Highest-paying states for real estate brokers
| State | Median salary |
|---|---|
| New Jersey | $111,390 |
| Connecticut | $105,800 |
| Utah | $92,830 |
| Washington | $82,790 |
| Alabama | $82,630 |
| Michigan | $82,510 |
| Maryland | $81,550 |
| California | $80,450 |
| New Mexico | $80,340 |
| Colorado | $79,970 |
See Real Estate Broker pay in every state or the Illinois statewide figures.
Related jobs in Chicago-Naperville-Elgin, IL-IN
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $61,790 | $29.71 |
| Demonstrators and Product Promoters | $36,400 | $17.50 |
| Sales and Related Workers, All Other | $53,270 | $25.61 |
| Telemarketer | $31,200 | $15.00 |
| Sales Engineer | $104,070 | $50.04 |
| Model | $53,700 | $25.82 |
| Cashier | $35,010 | $16.83 |
| Retail Salesperson | $35,820 | $17.22 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $70,710 | $34.00 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $75,350 | $36.23 |
| First-Line Supervisors of Retail Sales Workers | $48,900 | $23.51 |
| Securities, Commodities, and Financial Services Sales Agents | $100,760 | $48.44 |
| Insurance Sales Agent | $69,240 | $33.29 |
| Counter and Rental Clerks | $38,180 | $18.35 |
More: Sales and Related Occupations · all salaries in Chicago-Naperville-Elgin, IL-IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-9021. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a real estate broker make in Chicago-Naperville-Elgin, IL-IN?
The median salary for real estate brokers in the Chicago-Naperville-Elgin, IL-IN metro area is $67,320 a year, or $32.36 an hour. Pay ranges from $35,660 for the lowest-paid 10% to $137,380 for the top 10%.
How much do the highest-paid real estate brokers make in Chicago-Naperville-Elgin, IL-IN?
The top 10% of real estate brokers in the Chicago-Naperville-Elgin, IL-IN metro area earn at least $137,380 a year. The top 25% earn $105,670 or more.
What is the starting pay for real estate brokers in Chicago-Naperville-Elgin, IL-IN?
Entry-level pay (the 10th percentile) is about $35,660 a year, and a quarter of real estate brokers earn $51,590 or less.
How many real estate brokers work in Chicago-Naperville-Elgin, IL-IN?
About 800 real estate brokers are employed in the Chicago-Naperville-Elgin, IL-IN metro area, not counting the self-employed.