Real Estate Broker Salary in Illinois
Based on 990+ workers in Illinois
Median Annual Salary (IL)
$62,540
$30.07/hr
vs National Average
$70,075
-10.8% vs national median
Salary Range (10th–90th)
$35K – $137K
990 employed in Illinois
Real Estate Broker salary in Illinois averages $62,540 per year, according to current employment data covering 990 workers in the state. This median income falls approximately 11% below the national average for the profession, reflecting regional economic conditions and market dynamics specific to Illinois.
Several factors influence Real Estate Broker salary in Illinois, including experience level, brokerage size, and market location within the state. Commission structures, client base, and specialization in residential or commercial properties also significantly impact annual earnings, as brokers typically earn a percentage of transactions rather than fixed salaries.
Salary Distribution — Real Estate Broker in Illinois
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $35,450 |
| 25th percentile | $51,590 |
| Median (50th percentile) | $62,540 |
| 75th percentile | $105,670 |
| 90th percentile | $137,380 |
Top-Paying Industries for Real Estate Broker (U.S.)
Which industries pay Real Estate Brokers the most — nationwide figures (industry-level data is not available by state). Real Estate Brokers in Illinois tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Finance and Insurance | $98,070 | 2K |
| Other Services (except Public Administration) | $97,480 | — |
| Administrative and Support Services | $81,290 | 140 |
| Health Care and Social Assistance | $75,960 | 70 |
| Management of Companies and Enterprises | $73,170 | 350 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Real Estate Broker in Illinois vs National
| Year | Median Salary (Illinois) |
|---|---|
| 2022 | $60,860 |
| 2024 | $55,290 |
| 2025 | $62,540 |
| 2026 (projected) | $66,292 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Illinois Median | National Median |
|---|---|---|
| 2022 | $60,860 | $71,669 |
| 2024 | $55,290 | $68,556 |
| 2025 | $62,540 | $70,075 |
| 2026 (projected) | $66,292 | $74,280 |
Real Estate Broker Salary by Experience Level in Illinois
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $51,590 |
| Mid-level | 3-5 yrs | $62,540 |
| Senior | 6-9 yrs | $105,670 |
| Staff / Lead | 10+ yrs | $137,380 |
Real Estate Broker Salary in Other States
Related Real Estate Broker Salaries in Illinois
How other high-demand occupations in Illinois compare to Real Estate Broker ($62,540 median).
| Occupation | Median Salary | vs Real Estate Broker | Hourly |
|---|---|---|---|
| Logistician in IL | $80,100 | +28.1% | $38.51/hr |
| Market Research Analyst in IL | $79,120 | +26.5% | $38.04/hr |
| Purchasing Agent in IL | $78,470 | +25.5% | $37.73/hr |
| Public Relations Specialist in IL | $76,380 | +22.1% | $36.72/hr |
| Editor in IL | $76,060 | +21.6% | $36.57/hr |
| Writer and Author in IL | $68,220 | +9.1% | $32.80/hr |
| Training and Development Specialist in IL | $67,380 | +7.7% | $32.39/hr |
| Real Estate Sales Agent in IL | $59,220 | -5.3% | $28.47/hr |
| Graphic Designer in IL | $62,560 | +0.0% | $30.08/hr |
| School Counselor in IL | $62,420 | -0.2% | $30.01/hr |
| Librarian in IL | $62,700 | +0.3% | $30.14/hr |
| Paralegal in IL | $63,670 | +1.8% | $30.61/hr |
Frequently Asked Questions
How much do real estate brokers make in Illinois?
- The median salary for real estate brokers in Illinois is $62,540 per year, or approximately $30 per hour. This is about 10.8% lower than the national average for this profession.
What is the salary range for real estate brokers in Illinois?
- Real estate broker salaries in Illinois range from $35,450 on the lower end to $137,380 on the upper end, showing significant earning potential as brokers gain experience and build their client base.
How many real estate brokers are employed in Illinois?
- There are approximately 990 real estate brokers currently employed in Illinois, representing the total workforce in this occupation across the state.
Is the real estate broker salary in Illinois above or below the national average?
- Real estate broker salaries in Illinois are 10.8% below the national average, with the state median of $62,540 annually falling short of typical earnings in other states.