Throw on your gold blazers, it’s time for the best states for real estate sales agents. I always wanted to own one of those Century 21 agent special blazers. I didn’t necessarily want to BE an agent, but those blazers looked really snazzy. “Snazzy” is a word that should be exclusively reserved for describing blazers–and maybe slacks.
Living in New York City I have enjoyed the roller coaster ride through hell that is the New York Real Estate scene. It is a deep (dumpster) dive into some of the most SUN DRENCHED rat holes in Manhattan. The thing is New York is such an owner’s market that you need real estate agents–they have the inside track on the best properties you couldn’t find otherwise. In many other areas in the country you don’t necessarily need an agent until you are buying a house–but in New York you need it just for renting. What a fun exception!
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The agents I’ve worked with ranged from nice and truthful to total sleazeball weirdo. There has been so many baits and switches too–a 3-bedroom in super submarket rent that just happens to get rented the minute I call. But they’re happy to show me a dirt shack for a billion dollars. Still, like I said, I also have a real estate agent to thank for the wonderful apartment I now call home.
But if you’re a real estate agent where can you call home? What are the best states for real estate agents? We’ve got the list for you. You may also be interested in the 10 Most Expensive Cities in the World to Buy Real Estate.
Being a real estate sales agent isn’t easy, and like every other person in the world, you probably want your effort to pay off. That is why we decided to create this list of best states for real estate sales agents and show them which are the best states for them to move, live and work. We collected statistics and data from Bureau of Labor Statistics for a number of employees and the average annual wage. Then we took the cost of living index from Missouri Economic Research and Information Center, calculated and sorted the list of best states for real estate sales agents by how good one state is for the real estate sales agents. Let’s check the best ones!
25. Minnesota
Cost of living index: 101.1
Average annual Wage: $51,300
Hourly wage: $24.66
Number of Employees: 1,900
In Minnesota, the average home costs just over $200K. You could make some pretty decent commissions there.
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24. Delaware
Cost of living index: 102.6
Average annual Wage: $52,460
Hourly wage: $25.22
Number of Employees: 610
If you are tired of constantly worrying about living expenses and whether your salary will be enough to cover all of them, you should consider moving to Delaware. Join the more than 610 real estate sales agents who are already working in Delaware.
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23. Montana
Cost of living index: 100.8
Average annual Wage: $52,850
Hourly wage: $25.40
Number of Employees: 320
We are continuing our list of best states for real estate sales agents with Montana that is one of the most beautiful states and as a real estate sales agent, you are lucky because you can move, live and work in Montana and earn a great salary. Sounds like a great state indeed, for a real estate agent to call home.
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22. Idaho
Cost of living index: 89.6
Average annual Wage: $47,160
Hourly wage: $22.67
Number of Employees: 820
Maybe you noticed that Idaho, the next one in the list of best states for real estate sales agents is offering a lower paycheck for real estate sales agents compared to previously listed Montana but you should also compare the cost of living index which is significantly lower in Idaho. This makes Idaho a better place to move for you as a real estate sales agent because you can cover all of your living expenses and you can also enjoy the rest of your salary.
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21. Utah
Cost of living index: 92.8
Average annual Wage: $50,050
Hourly wage: $24.06
Number of Employees: 2,310
Up next in our list of best states for real estate sales agents is Utah that will make you enjoy your life in the best living and working conditions as well. Also, in Utah, you will forget about your financial problems because the average annual wage is pretty high and it will allow you to cover all of your living expenses like bills and rent and enjoy the rest of your well-earned salary.
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20. Florida
Cost of living index: 99
Average annual Wage: $54,090
Hourly wage: $26.00
Number of Employees: 20,360
Do you know how many real estate sales agents are already working in Florida? The answer is a lot bigger than you thought, 20,360! That’s like a whole town’s worth of agents selling beachside properties. Who doesn’t want to move, live and work in Florida? Luckily for you, as a real estate sales agent, Florida is offering great working as well as living conditions.
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19. Arizona
Cost of living index: 98.1
Average annual Wage: $54,900
Hourly wage: $26.39
Number of Employees: 2,790
In Arizona, that ranks 19th in our list of best states for real estate sales agents, you won’t have to worry anymore about the unpaid bills, or rent, instead, you can cover all of your living expenses because Arizona is offering a pretty huge average annual salary for real estate sales agents like you.
18. Wisconsin
Cost of living index: 96.9
Average annual Wage: $54,440
Hourly wage: $26.17
Number of Employees: 900
Despite being one of the cheesiest states, Wisconsin is also offering great living as well as working conditions for real estate sales agents like you. In Wisconsin, the average cost of living index is pretty low and the average annual wage is high which means you can cover all of your living expenses and you can enjoy the rest of your salary on things you want.
17. Pennsylvania
Cost of living index: 102.8
Average annual Wage: $57,970
Hourly wage: $27.87
Number of Employees: 6,800
In Pennsylvania the cost of living index is a little bit higher compared to previously listed Wisconsin, but, you probably already noticed that the average annual salary is also higher which makes Pennsylvania a better state for you to move, live and work as a real estate sales agent.
16. Massachusetts
Cost of living index: 134.7
Average annual Wage: $78,760
Hourly wage: $37.86
Number of Employees: 2,340
As a real estate sales agent, you are lucky because Massachusetts also found its way on our list of best states for real estate sales agents. Massachusetts is a great historic state, which is offering some nice New England conditions. Yes, the cost of living index is way higher compared to every previously listed state, but as you can see the average annual wage is also significantly higher, and because of it, it doesn’t make a big difference.
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15. Missouri
Cost of living index:90.8
Average annual Wage: $53,360
Hourly wage: $25.65
Number of Employees: 2,180
If you are tired of constantly worrying whether your monthly salary can cover all of your expenses this month or not, you should consider moving to Missouri. The median home value in Missouri is just under $140k.
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14. Nevada
Cost of living index: 104.5
Average annual Wage: $61,850
Hourly wage: $29.73
Number of Employees: 1,530
In Nevada, you probably noticed that the cost of living index is a little bit higher compared to previously listed Missouri, but the average annual salary is also higher. This means that Nevada is a better place for you as a real estate sales agent to move, live and work.
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13. North Dakota
Cost of living index: 98.9
Average annual Wage: $59,860
Hourly wage: $28.77
Number of Employees: 5,160
North Dakota also found its way on our list of best states for real estate sales agents and the cost of living index and the average annual wage significantly contributed to that. There might be a few things you can Fargo in order to live here.
12. New Mexico
Cost of living index: 95.7
Average annual Wage: $58,170
Hourly wage: $27.96
Number of Employees: 860
Compared to previously listed North Dakota, New Mexico has a little bit lower salary but the cost of living index is significantly lower. This is why New Mexico is one of the best states for real estate agents.
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11. Virginia
Cost of living index: 100.2
Average annual Wage: $62,240
Hourly wage: $29.92
Number of Employees: 6,090
In Virginia, you can forget about all your problems, visit some civil war sites and you can finally start living the life you always wanted and worked so hard for.
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10. Maryland
Cost of living index: 125.0
Average annual Wage: $78,760
Hourly wage: $37.86
Number of Employees: 2,340
We are continuing our list of best states for real estate sales agents with Maryland that is one of the most beautiful states if you like bays and crab and the city of Baltimore. As a real estate sales agent, you are lucky because you can move, live and work in Maryland. You probably noticed that like previously listed Massachusetts, Maryland also has a significantly higher cost of living index compared to other listed states, but the average hourly wage is high enough to make Maryland affordable.
9. North Carolina
Cost of living index: 94.2
Average annual Wage: $59,860
Hourly wage: $28.77
Number of Employees: 5,160
In North Carolina you won’t have to worry about your living expenses like bills and rent, (just sometimes you’ll have to worry whether or not it’s legal for you to use a public restroom.) Overall, in North Carolina, you can cover all of your expenses and enjoy the rest of your salary.
8. Oklahoma
Cost of living index: 88.6
Average annual Wage: $56,370
Hourly wage: $27.10
Number of Employees: 3,800
Despite just working, you can also enjoy every opportunity and adventure Oklahoma is offering you–like a visit to Tulsa! Join the 3,800 real estate agents already calling this place home.
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7. Alabama
Cost of living index: 91.2
Average annual Wage: $61,130
Hourly wage: $29.38
Number of Employees: 1,110
As a real estate sales agent, you should be happy because Alabama if offering great living as well as working conditions for people like you. Come root for ‘Bama–the only football team you’re allowed to care about in Alabama, ROLL TIDE.
6. Kansas
Cost of living index: 90.4
Average annual Wage: $64,850
Hourly wage: $31.17
Number of Employees: 770
If you don’t want to worry whether your salary will be enough to cover all of your living expenses, you should seriously consider moving to Kansas. It was the home to Dorothy and even though hers blew away in a twister–it returned again. I’m sure yours will be even more sturdy and you won’t need to take a sojourn in Oz to retrieve it.
5. Indiana
Cost of living index: 87.9
Average annual Wage: $65,350
Hourly wage: $31.41
Number of Employees: 1,760
Maybe you didn’t even think about Indiana when you were looking for the best states for real estate sales agents, but you should give it a serious thought–think of all the car races you can attend!
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4. Colorado
Cost of living index: 102.1
Average annual Wage: $76,590
Hourly wage: $36.82
Number of Employees: 3,660
Colorado is on the fourth place on our list of best states for real estate sales agents because of the high average annual salary and the low cost of living index. Colorado will constantly remind you why you chose to move, live and work here with its beauty and great living as well as working conditions. Rocky mountain hi, how ya doin?
3. Texas
Cost of living index: 90.7
Average annual Wage: $68,410
Hourly wage: $32.88
Number of Employees: 14,350
Texas is one of the best states for you to move, live and work as a real estate sales agent–you can also get great queso dip here. As one, you should definitely consider moving here. Texas found its way on the third place on our list of best states for real estate sales agents.
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2. Wyoming
Cost of living index: 91.7
Average annual Wage: $72,660
Hourly wage: $34.93
Number of Employees: 210
Wyoming is in the second place in our list of best states for real estate sales agents because it is offering great living as well as working conditions for real estate sales agents. The average home in Wyoming is just under $200k.
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1. Illinois
Cost of living index: 95.5
Average annual Wage: $76,800
Hourly wage: $36.92
Number of Employees: 5,070
Illinois found its way on top of our list, not because it is one of the most beautiful states, though Chicago has its charm, but because it is offering great conditions for people like you. As a real estate sales agent, you should give it a serious thought about moving here because the cost of living index is pretty low, 95.5 but the average annual wage is significantly high. Congrats to Illinois, and to all you real estate agents who call it home.
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This is our list of best states for real estate sales agents. We hope we managed to show you what are your best options and help you decide where to move.
