Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.
| Tennessee | National | Difference | |
|---|---|---|---|
| Median annual salary | $46,250 | $55,733 | -17% |
| Median hourly wage | $22.24 | $26.79 | -17% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $50,326.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| Nashville | $56,620 | $35,000 | $120,000 | 105 |
| Memphis | $49,826 | $30,800 | $105,600 | 85 |
The median annual salary for a Real Estate Agent in Tennessee is $46,250, or about $22.24 per hour, according to BLS OEWS data.
The national median for Real Estate Agents is $55,733. Tennessee is -17% below the national median.
Entry-level real estate agents in Tennessee typically earn from $35,000 depending on the city and employer.
With 2,360 real estate agent jobs on record and a median salary of $46,250, Tennessee offers competitive pay compared to the rest of the country.