Real Estate Brokers pay in Michigan
In Michigan, the median pay for real estate brokers is $39.67 an hour ($82,510 a year). About 1,150 people work in this job there.
That is 13% higher than the U.S. median ($73,220). Michigan ranks 6th of 36 states and territories for this job’s median pay.
Pay range for real estate brokers in Michigan
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $21.15 | $43,990 |
| 25% of workers | $31.10 | $64,680 |
| Half of workers (median) | $39.67 | $82,510 |
| 75% of workers | $53.74 | $111,770 |
| 90% of workers | $57.06 | $118,680 |
Real Estate Brokers pay in Michigan metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Detroit-Warren-Dearborn | $85,600 | 690 |
| Lansing-East Lansing | $82,490 | 80 |
| Ann Arbor | $70,080 | 0 |
| Grand Rapids-Wyoming-Kentwood | $58,340 | 0 |
Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for real estate brokers
- Typical education to start: High school diploma or equivalent (BLS)
- Related work experience most have: 6 months to 1 year (O*NET)
- Experience usually needed to start: Less than 5 years (BLS)
- Job outlook: +0.8% over ten years, little or no change · about 7,800 openings a year (BLS)
Related jobs in Michigan
| Job | Median yearly pay |
|---|---|
| Sales Managers | $136,870 |
| Insurance Sales Agents | $61,900 |
| Loan Officers | $74,470 |
| Financial and Investment Analysts | $95,420 |
| Securities, Commodities, and Financial Services Sales Agents | $73,480 |
| Property, Real Estate, and Community Association Managers | $60,350 |
| Real Estate Sales Agents | $57,880 |
| Sales Engineers | $114,180 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.