Real Estate Brokers pay in Tennessee

In Tennessee, the median pay for real estate brokers is $28.92 an hour ($60,150 a year). About 540 people work in this job there.

$28.92Median hourly pay
$36,620–$72,660Middle half of workers, yearly
540People in this job in Tennessee

That is 18% lower than the U.S. median ($73,220). Tennessee ranks 28th of 36 states and territories for this job’s median pay.

Pay range for real estate brokers in Tennessee

Earns more thanHourlyYearly
10% of workers$16.13$33,560
25% of workers$17.60$36,620
Half of workers (median)$28.92$60,150
75% of workers$34.93$72,660
90% of workers$52.10$108,370

Real Estate Brokers pay in Tennessee metro areas

Metro areaMedian yearly payPeople in this job
Nashville-Davidson--Murfreesboro--Franklin$62,350170
Knoxville$58,28070
Memphis$52,57080
Kingsport-Bristol$45,25040

Tennessee unemployment rate: 3.4% (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 Tennessee

JobMedian yearly pay
Sales Managers$128,040
Securities, Commodities, and Financial Services Sales Agents$58,050
Insurance Sales Agents$57,120
Loan Officers$62,800
Financial and Investment Analysts$92,990
Property, Real Estate, and Community Association Managers$64,870
Real Estate Sales Agents$46,250
Telemarketers$29,470

Other job titles for this job

Broker AssociateBuyer BrokerCommercial Leasing BrokerCommercial Real Estate AdvisorCommercial Real Estate BrokerDesignated BrokerLease Administration AnalystLease AnalystLease CoordinatorLicensed Real Estate BrokerManaging BrokerProperty Broker

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Source: 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.