Real Estate Broker salary in Maryland
Real Estate Brokers in Maryland earn a median of $81,550 a year ($39.21 an hour), based on BLS data for 430 workers.
Pay ranges from $56,320 for the lowest-paid 10% to $164,860 for the top 10%. That is 11% higher than the national median of $73,220. Maryland ranks 7th 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 0.53). The average (mean) salary is $97,390, above the median because a few high earners pull it up.
Pay range for real estate brokers in Maryland
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $56,320 | $27.08 |
| 25th percentile | $56,320 | $27.08 |
| Median | $81,550 | $39.21 |
| 75th percentile | $125,860 | $60.51 |
| 90th percentile (top earners) | $164,860 | $79.26 |
| Average (mean) | $97,390 | $46.82 |
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 | $6,795.83 |
| Semi-monthly (24 a year) | $3,397.92 |
| Biweekly (26 a year) | $3,136.54 |
| Weekly | $1,568.27 |
| Hourly | $39.21 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $81,550 salary, see how much house you can afford in Maryland at today's mortgage rates, or work out a payment with the mortgage calculator.
Real Estate Broker salary in cities in Maryland
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $87,670 | n/a |
| Baltimore-Columbia-Towson, MD | $81,550 | 150 |
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 Maryland
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $52,630 | $25.31 |
| Sales Engineer | $153,410 | $73.76 |
| Telemarketer | $35,590 | $17.11 |
| Sales and Related Workers, All Other | $48,920 | $23.52 |
| Demonstrators and Product Promoters | $38,900 | $18.70 |
| Model | $47,170 | $22.68 |
| Door-to-Door Sales Workers, News and Street Vendors, and Related Workers | $34,290 | $16.49 |
| Retail Salesperson | $35,510 | $17.07 |
| Cashier | $34,390 | $16.54 |
| First-Line Supervisors of Retail Sales Workers | $47,000 | $22.60 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $63,310 | $30.44 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $73,080 | $35.14 |
| Securities, Commodities, and Financial Services Sales Agents | $61,660 | $29.65 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $95,040 | $45.69 |
More: Sales and Related Occupations · all salaries in Maryland
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 Maryland?
The median salary for real estate brokers in Maryland is $81,550 a year, or $39.21 an hour. Pay ranges from $56,320 for the lowest-paid 10% to $164,860 for the top 10%.
How much do the highest-paid real estate brokers make in Maryland?
The top 10% of real estate brokers in Maryland earn at least $164,860 a year. The top 25% earn $125,860 or more.
What is the starting pay for real estate brokers in Maryland?
Entry-level pay (the 10th percentile) is about $56,320 a year, and a quarter of real estate brokers earn $56,320 or less.
How many real estate brokers work in Maryland?
About 430 real estate brokers are employed in Maryland, not counting the self-employed.