Real Estate Agent · Illinois · SOC 41-9022
Real Estate Agents in Illinois: 2026 Salary, Real Wage, and Cost-Adjusted Pay
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-08.
TL;DR
- Illinois pays Real Estate Agents a BLS median of $51,210 — the more useful number is $51,857, what that paycheck buys after rent and services.
- BEA RPP near 100 means nominal pay translates almost 1:1 into real take-home.
- Wage envelope: $34,340 (P10) to $85,440 (P90), with quartiles at $40,280 and $65,240.
- On a real-wage basis, this state sits at #29 of 51; nominal rank is #23.
Wage breakdown — Illinois
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $34,340 | $34,774 |
| P25 (lower quartile) | $40,280 | $40,789 |
| P50 (median) | $51,210 | $51,857 |
| P75 (upper quartile) | $65,240 | $66,064 |
| P90 (top tier) | $85,440 | $86,520 |
| Mean | $57,560 | $58,287 |
| Employment | 4,220 Real Estate Agents in Illinois | |
Cost of living — BEA Regional Price Parity
| Component | Illinois index (US = 100) |
|---|---|
| All-items RPP | 98.8 |
| Goods | 101.6 |
| Services | 80.4 |
| Rents | 92.4 |
Illinois's overall RPP (98.8) is close to the national 100 baseline; nominal and real wage move roughly together.
After-tax take-home — Illinois (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (Real Estate Agent) | $51,210 | nominal median |
| Federal income tax | −$4,007 | 7.8% effective; std deduction $15,750 applied |
| State income tax | −$2,535 | 4.95% flat (2026) |
| FICA (SS 6.2% + Medicare 1.45%) | −$3,918 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $40,750 | 79.6% of gross |
| Real take-home (RPP-adjusted) | $41,265 | ÷ (98.8 / 100) BEA cost-of-living |
What the Illinois state-tax burden means for Real Estate Agent take-home
Mid-band state-tax burden at 5.0% effective. Combined with federal and FICA, take-home is $40,750 (79.6% of gross). After the 98.8 RPP, real take-home is $41,265.
Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).
National context
Across the United States, BLS reports a national median of $56,320 for Real Estate Agents with mean pay of $70,970 and total employment of 190,600. Illinois sits at #23 on nominal pay and #29 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Illinois falls 6 positions — the cost premium eats into the headline wage.
Frequently asked questions
- How are Illinois Real Estate Agent salaries calculated on this page?
- Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.
- How many Real Estate Agents does Illinois employ?
- BLS OES counts 4,220 Real Estate Agents employed in Illinois in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.
- Why is the BEA RPP for Illinois different from a single CPI number?
- BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Illinois's overall index of 98.8 reflects rents 92.4, services 80.4, and goods 101.6.
- Where does Illinois rank for Real Estate Agent pay?
- On nominal BLS wages alone, Illinois ranks among the 51 states and DC by median pay. After the BEA cost-of-living adjustment the ordering changes — high-cost states fall, low-cost states rise. Both rankings are shown in the data table on this page.
- What are the limits of these Real Estate Agent salary numbers?
- BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.
- Should I negotiate based on the BLS median for Illinois?
- The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Illinois.
- When does this data update?
- BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
Sources & methodology
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 41-9022, 2024 reference period.
- U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
- Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
- See the methodology page for full computation details and limitations.
Cross-comparison: see how Illinois Real Estate Agent pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.