Real Estate Sales Agent salary in Memphis, TN-MS-AR
Real Estate Sales Agents in the Memphis, TN-MS-AR metro area earn a median of $46,490 a year ($22.35 an hour), based on BLS data for 470 workers.
Pay ranges from $30,700 for the lowest-paid 10% to $104,960 for the top 10%. That is 12% lower than the national median of $52,830. Pay here is 1% higher than the Tennessee statewide median of $46,250. There are 0.77 real estate sales agents per 1,000 jobs here — the job is less common than nationally (location quotient 0.62). The average (mean) salary is $58,560, above the median because a few high earners pull it up.
Pay range for real estate sales agents in Memphis, TN-MS-AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $30,700 | $14.76 |
| 25th percentile | $35,130 | $16.89 |
| Median | $46,490 | $22.35 |
| 75th percentile | $76,820 | $36.93 |
| 90th percentile (top earners) | $104,960 | $50.46 |
| Average (mean) | $58,560 | $28.16 |
Half of real estate sales agents 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 | $3,874.17 |
| Semi-monthly (24 a year) | $1,937.08 |
| Biweekly (26 a year) | $1,788.08 |
| Weekly | $894.04 |
| Hourly | $22.35 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $46,490 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 Sales Agent salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN | $52,250 | 1,080 |
| Chattanooga, TN-GA | $46,910 | 170 |
| Kingsport-Bristol, TN-VA | $46,670 | 60 |
| Jackson, MS | $44,990 | 120 |
| Clarksville, TN-KY | $43,960 | 90 |
| Jonesboro, AR | $43,860 | n/a |
| Gulfport-Biloxi, MS | $43,600 | 180 |
| Hattiesburg, MS | $39,480 | 60 |
| Fayetteville-Springdale-Rogers, AR | $38,710 | 600 |
| Little Rock-North Little Rock-Conway, AR | $38,080 | 500 |
| Knoxville, TN | $37,820 | 290 |
| Fort Smith, AR-OK | $37,120 | n/a |
| Texarkana, TX-AR | $36,660 | 30 |
| Johnson City, TN | $36,650 | 40 |
| Hot Springs, AR | $35,530 | 80 |
Highest-paying states for real estate sales agents
| State | Median salary |
|---|---|
| District of Columbia | $123,770 |
| New York | $102,990 |
| New Jersey | $99,990 |
| Alaska | $89,170 |
| Nevada | $79,990 |
| Washington | $79,130 |
| Montana | $79,100 |
| New Mexico | $76,170 |
| North Dakota | $73,920 |
| South Dakota | $65,170 |
See Real Estate Sales Agent pay in every state or the Tennessee statewide figures.
Related jobs in Memphis, TN-MS-AR
| Job | Median salary | Hourly |
|---|---|---|
| Telemarketer | $30,700 | $14.76 |
| Sales and Related Workers, All Other | $39,550 | $19.01 |
| Real Estate Broker | $52,570 | $25.27 |
| Sales Engineer | $110,940 | $53.34 |
| Retail Salesperson | $32,580 | $15.67 |
| Cashier | $29,160 | $14.02 |
| First-Line Supervisors of Retail Sales Workers | $49,010 | $23.56 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,430 | $29.53 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $59,140 | $28.43 |
| Securities, Commodities, and Financial Services Sales Agents | $58,500 | $28.12 |
| Counter and Rental Clerks | $37,430 | $17.99 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $96,940 | $46.61 |
| Insurance Sales Agent | $51,570 | $24.79 |
| Parts Salesperson | $38,730 | $18.62 |
More: Sales and Related Occupations · all salaries in Memphis, TN-MS-AR
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 41-9022. 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 sales agent make in Memphis, TN-MS-AR?
The median salary for real estate sales agents in the Memphis, TN-MS-AR metro area is $46,490 a year, or $22.35 an hour. Pay ranges from $30,700 for the lowest-paid 10% to $104,960 for the top 10%.
How much do the highest-paid real estate sales agents make in Memphis, TN-MS-AR?
The top 10% of real estate sales agents in the Memphis, TN-MS-AR metro area earn at least $104,960 a year. The top 25% earn $76,820 or more.
What is the starting pay for real estate sales agents in Memphis, TN-MS-AR?
Entry-level pay (the 10th percentile) is about $30,700 a year, and a quarter of real estate sales agents earn $35,130 or less.
How many real estate sales agents work in Memphis, TN-MS-AR?
About 470 real estate sales agents are employed in the Memphis, TN-MS-AR metro area, not counting the self-employed.