Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 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.
By median annual wage, real estate agents rank 488 of the 730 occupations reported in Tennessee — higher than 33% of them.
Among occupations in the same job family, Sales Engineers at $111,580, Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products at $94,450, First-Line Supervisors of Non-Retail Sales Workers at $85,980 — all figures are median annual wages for Tennessee.
No. Every figure on this page is a gross (pre-tax) wage. Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
By median annual wage, real estate agents rank 488 of the 730 occupations reported in Tennessee — higher than 33% of them.
| Occupation in the same job family | Median in Tennessee | Jobs |
|---|---|---|
| Sales Engineers | $111,580 | $530 |
| Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products | $94,450 | $8,290 |
| First-Line Supervisors of Non-Retail Sales Workers | $85,980 | $4,510 |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | $61,630 | $23,850 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | $60,230 | $21,600 |
| Real Estate Brokers | $60,150 | $540 |
Tennessee has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 92.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 730 occupations in Tennessee.