Real Estate Broker Salary in Maryland
Based on 430+ workers in Maryland
Median Annual Salary (MD)
$81,550
$39.21/hr
vs National Average
$70,075
+16.4% vs national median
Salary Range (10th–90th)
$56K – $165K
430 employed in Maryland
Real Estate Broker salary in Maryland averages $81,550 annually, placing the state 16% above the national average. With approximately 430 brokers currently employed across Maryland, the field demonstrates solid earning potential. Salaries in the state range from $56,320 to $164,860, reflecting significant variation based on individual circumstances and experience levels.
Several factors influence Real Estate Broker salary in Maryland, including commission structures, geographic location within the state, years of experience, and client portfolio size. Market conditions and property values in high-demand areas like Baltimore and suburbs of Washington D.C. typically support higher earnings. Additionally, broker licensing level, specialization in commercial or residential real estate, and individual agency reputation play important roles in determining overall compensation.
Salary Distribution — Real Estate Broker in Maryland
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $56,320 |
| 25th percentile | $56,320 |
| Median (50th percentile) | $81,550 |
| 75th percentile | $125,860 |
| 90th percentile | $164,860 |
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 Maryland 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 Maryland vs National
| Year | Median Salary (Maryland) |
|---|---|
| 2024 | $82,500 |
| 2025 | $81,550 |
| 2026 (projected) | $81,550 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Maryland Median | National Median |
|---|---|---|
| 2024 | $82,500 | $68,556 |
| 2025 | $81,550 | $70,075 |
| 2026 (projected) | $81,550 | $70,075 |
Real Estate Broker Salary by Experience Level in Maryland
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $56,320 |
| Mid-level | 3-5 yrs | $81,550 |
| Senior | 6-9 yrs | $125,860 |
| Staff / Lead | 10+ yrs | $164,860 |
Real Estate Broker Salary in Other States
Related Real Estate Broker Salaries in Maryland
How other high-demand occupations in Maryland compare to Real Estate Broker ($81,550 median).
| Occupation | Median Salary | vs Real Estate Broker | Hourly |
|---|---|---|---|
| Writer and Author in MD | $104,330 | +27.9% | $50.16/hr |
| Logistician in MD | $102,700 | +25.9% | $49.38/hr |
| Purchasing Agent in MD | $90,900 | +11.5% | $43.70/hr |
| Public Relations Specialist in MD | $79,560 | -2.4% | $38.25/hr |
| Training and Development Specialist in MD | $76,370 | -6.4% | $36.72/hr |
| Market Research Analyst in MD | $76,370 | -6.4% | $36.72/hr |
| Editor in MD | $75,550 | -7.4% | $36.32/hr |
| Real Estate Sales Agent in MD | $52,630 | -35.5% | $25.30/hr |
| Property and Real Estate Manager in MD | $81,900 | +0.4% | $39.38/hr |
| Producer and Director in MD | $79,350 | -2.7% | $38.15/hr |
| Human Resources Specialist in MD | $83,910 | +2.9% | $40.34/hr |
| Environmental Scientist in MD | $84,190 | +3.2% | $40.48/hr |
Frequently Asked Questions
How much do real estate brokers make in Maryland?
- Real estate brokers in Maryland earn a median salary of $81,550 per year, or $39 per hour. This is 16.4% higher than the national average, making Maryland an above-average market for broker compensation.
What is the salary range for real estate brokers in Maryland?
- The salary range for real estate brokers in Maryland spans from $56,320 at the lower end to $164,860 at the upper end. This wide range reflects differences in experience, performance, and market success among brokers in the state.
How many real estate brokers work in Maryland?
- There are approximately 430 real estate brokers currently employed in Maryland. This represents the total workforce count for licensed brokers operating in the state.
Is Maryland a good state for real estate broker salaries?
- Yes, Maryland offers competitive real estate broker salaries with a median of $81,550 annually, which exceeds the national average by 16.4%. This makes it an attractive state for brokers seeking above-average earning potential.