Real Estate Broker salary in Knoxville, TN
Real Estate Brokers in the Knoxville, TN metro area earn a median of $58,280 a year ($28.02 an hour), based on BLS data for 70 workers.
Pay ranges from $31,090 for the lowest-paid 10% to $73,970 for the top 10%. That is 20% lower than the national median of $73,220. Pay here is 3% lower than the Tennessee statewide median of $60,150. There are 0.17 real estate brokers per 1,000 jobs here — the job is less common than nationally (location quotient 0.59). The average (mean) salary is $57,900, close to the median.
Pay range for real estate brokers in Knoxville, TN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $31,090 | $14.95 |
| 25th percentile | $38,120 | $18.33 |
| Median | $58,280 | $28.02 |
| 75th percentile | $66,420 | $31.93 |
| 90th percentile (top earners) | $73,970 | $35.56 |
| Average (mean) | $57,900 | $27.84 |
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 | $4,856.67 |
| Semi-monthly (24 a year) | $2,428.33 |
| Biweekly (26 a year) | $2,241.54 |
| Weekly | $1,120.77 |
| Hourly | $28.02 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $58,280 salary, see how much house you can afford in Tennessee 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 |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $62,350 | 170 |
| Memphis, TN-MS-AR | $52,570 | 80 |
| Kingsport-Bristol, TN-VA | $45,250 | 40 |
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 Tennessee statewide figures.
Related jobs in Knoxville, TN
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $37,820 | $18.18 |
| Telemarketer | $21,990 | $10.57 |
| Sales and Related Workers, All Other | $49,420 | $23.76 |
| Sales Engineer | $104,170 | $50.08 |
| Demonstrators and Product Promoters | $34,660 | $16.66 |
| Retail Salesperson | $31,150 | $14.97 |
| Cashier | $29,110 | $13.99 |
| First-Line Supervisors of Retail Sales Workers | $47,970 | $23.06 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $59,430 | $28.57 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $59,400 | $28.56 |
| Counter and Rental Clerks | $37,440 | $18.00 |
| Securities, Commodities, and Financial Services Sales Agents | $50,970 | $24.51 |
| Insurance Sales Agent | $65,060 | $31.28 |
| Parts Salesperson | $36,200 | $17.40 |
More: Sales and Related Occupations · all salaries in Knoxville, TN
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 Knoxville, TN?
The median salary for real estate brokers in the Knoxville, TN metro area is $58,280 a year, or $28.02 an hour. Pay ranges from $31,090 for the lowest-paid 10% to $73,970 for the top 10%.
How much do the highest-paid real estate brokers make in Knoxville, TN?
The top 10% of real estate brokers in the Knoxville, TN metro area earn at least $73,970 a year. The top 25% earn $66,420 or more.
What is the starting pay for real estate brokers in Knoxville, TN?
Entry-level pay (the 10th percentile) is about $31,090 a year, and a quarter of real estate brokers earn $38,120 or less.
How many real estate brokers work in Knoxville, TN?
About 70 real estate brokers are employed in the Knoxville, TN metro area, not counting the self-employed.