Real Estate Broker salary in Salt Lake City-Murray, UT
Real Estate Brokers in the Salt Lake City-Murray, UT metro area earn a median of $83,690 a year ($40.24 an hour), based on BLS data for this job.
Pay ranges from $47,280 for the lowest-paid 10% to $154,620 for the top 10%. That is 14% higher than the national median of $73,220. Pay here is 10% lower than the Utah statewide median of $92,830. The average (mean) salary is $94,240, above the median because a few high earners pull it up.
Pay range for real estate brokers in Salt Lake City-Murray, UT
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,280 | $22.73 |
| 25th percentile | $66,600 | $32.02 |
| Median | $83,690 | $40.24 |
| 75th percentile | $125,700 | $60.43 |
| 90th percentile (top earners) | $154,620 | $74.34 |
| Average (mean) | $94,240 | $45.31 |
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 | $6,974.17 |
| Semi-monthly (24 a year) | $3,487.08 |
| Biweekly (26 a year) | $3,218.85 |
| Weekly | $1,609.42 |
| Hourly | $40.24 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $83,690 salary, see how much house you can afford in Utah 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 |
|---|---|---|
| Provo-Orem-Lehi, UT | $92,830 | n/a |
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 Utah statewide figures.
Related jobs in Salt Lake City-Murray, UT
| Job | Median salary | Hourly |
|---|---|---|
| Real Estate Sales Agent | $52,990 | $25.47 |
| Sales and Related Workers, All Other | $64,240 | $30.89 |
| Demonstrators and Product Promoters | $38,380 | $18.45 |
| Sales Engineer | $121,270 | $58.31 |
| Telemarketer | $38,250 | $18.39 |
| Retail Salesperson | $34,420 | $16.55 |
| Cashier | $33,390 | $16.06 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $62,560 | $30.08 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $63,340 | $30.45 |
| First-Line Supervisors of Retail Sales Workers | $48,570 | $23.35 |
| Securities, Commodities, and Financial Services Sales Agents | $65,520 | $31.50 |
| Insurance Sales Agent | $65,530 | $31.51 |
| Counter and Rental Clerks | $38,860 | $18.68 |
| Parts Salesperson | $46,740 | $22.47 |
More: Sales and Related Occupations · all salaries in Salt Lake City-Murray, UT
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 Salt Lake City-Murray, UT?
The median salary for real estate brokers in the Salt Lake City-Murray, UT metro area is $83,690 a year, or $40.24 an hour. Pay ranges from $47,280 for the lowest-paid 10% to $154,620 for the top 10%.
How much do the highest-paid real estate brokers make in Salt Lake City-Murray, UT?
The top 10% of real estate brokers in the Salt Lake City-Murray, UT metro area earn at least $154,620 a year. The top 25% earn $125,700 or more.
What is the starting pay for real estate brokers in Salt Lake City-Murray, UT?
Entry-level pay (the 10th percentile) is about $47,280 a year, and a quarter of real estate brokers earn $66,600 or less.