Real Estate Broker salary in Illinois
Real Estate Brokers in Illinois earn a median of $62,540 a year ($30.07 an hour), based on BLS data for 990 workers.
Pay ranges from $35,450 for the lowest-paid 10% to $137,380 for the top 10%. That is 15% lower than the national median of $73,220. Illinois ranks 26th of 36 states for real estate brokers pay. There are 0.16 real estate brokers per 1,000 jobs here — the job is less common than nationally (location quotient 0.55). The average (mean) salary is $78,710, above the median because a few high earners pull it up.
Pay range for real estate brokers in Illinois
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,450 | $17.04 |
| 25th percentile | $51,590 | $24.80 |
| Median | $62,540 | $30.07 |
| 75th percentile | $105,670 | $50.81 |
| 90th percentile (top earners) | $137,380 | $66.05 |
| Average (mean) | $78,710 | $37.84 |
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 | $5,211.67 |
| Semi-monthly (24 a year) | $2,605.83 |
| Biweekly (26 a year) | $2,405.38 |
| Weekly | $1,202.69 |
| Hourly | $30.07 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $62,540 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 cities in Illinois
| Metro area | Median salary | Workers |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $67,320 | 800 |
| 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 |
Related jobs in Illinois
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $59,220 | $28.47 |
| Demonstrators and Product Promoters | $36,550 | $17.57 |
| Sales and Related Workers, All Other | $50,960 | $24.50 |
| Sales Engineer | $99,710 | $47.94 |
| Telemarketer | $31,200 | $15.00 |
| Model | $53,280 | $25.62 |
| Cashier | $34,490 | $16.58 |
| Retail Salesperson | $35,370 | $17.00 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $66,900 | $32.17 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $73,510 | $35.34 |
| First-Line Supervisors of Retail Sales Workers | $47,990 | $23.07 |
| Securities, Commodities, and Financial Services Sales Agents | $99,840 | $48.00 |
| Insurance Sales Agent | $64,280 | $30.90 |
| Parts Salesperson | $42,240 | $20.31 |
More: Sales and Related Occupations · all salaries in Illinois
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 Illinois?
The median salary for real estate brokers in Illinois is $62,540 a year, or $30.07 an hour. Pay ranges from $35,450 for the lowest-paid 10% to $137,380 for the top 10%.
How much do the highest-paid real estate brokers make in Illinois?
The top 10% of real estate brokers in Illinois 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 Illinois?
Entry-level pay (the 10th percentile) is about $35,450 a year, and a quarter of real estate brokers earn $51,590 or less.
How many real estate brokers work in Illinois?
About 990 real estate brokers are employed in Illinois, not counting the self-employed.