Real Estate Agent · Mississippi · SOC 41-9022
2026 Real Estate Agent Pay in Mississippi: BLS Median + Real Take-Home
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-08.
TL;DR
- Real Estate Agents in Mississippi earn a BLS median of $50,460, with real take-home of $58,139 after BEA RPP adjustment.
- Cost of living below the national index lifts real wage by $7,679 over the nominal — a take-home arbitrage that nominal-ranking tables miss.
- Bottom quartile $37,330, top quartile $85,900. The P90 ($113,730) is roughly 3.9× the P10 ($29,320).
- State ranks #25 nationally on nominal wage, #17 on real (RPP-adjusted) wage.
Wage breakdown — Mississippi
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $29,320 | $33,782 |
| P25 (lower quartile) | $37,330 | $43,011 |
| P50 (median) | $50,460 | $58,139 |
| P75 (upper quartile) | $85,900 | $98,972 |
| P90 (top tier) | $113,730 | $131,037 |
| Mean | $65,060 | $74,961 |
| Employment | 710 Real Estate Agents in Mississippi | |
Cost of living — BEA Regional Price Parity
| Component | Mississippi index (US = 100) |
|---|---|
| All-items RPP | 86.8 |
| Goods | 94.4 |
| Services | 83.5 |
| Rents | 54.9 |
Mississippi sits below the national baseline (RPP 86.8), so nominal pay translates to a higher real wage than the BLS median suggests — particularly visible in rents at 54.9.
After-tax take-home — Mississippi (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) | $50,460 | nominal median |
| Federal income tax | −$3,917 | 7.8% effective; std deduction $15,750 applied |
| State income tax | −$1,526 | 4.0% above $10K (2026, HB 1733) |
| FICA (SS 6.2% + Medicare 1.45%) | −$3,860 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $41,156 | 81.6% of gross |
| Real take-home (RPP-adjusted) | $47,419 | ÷ (86.8 / 100) BEA cost-of-living |
What the Mississippi state-tax burden means for Real Estate Agent take-home
Mid-band state-tax burden at 3.0% effective. Combined with federal and FICA, take-home is $41,156 (81.6% of gross). After the 86.8 RPP, real take-home is $47,419.
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. Mississippi sits at #25 on nominal pay and #17 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Mississippi climbs 8 positions — the cost of living is favorable relative to the wage.
Frequently asked questions
- What is the real (cost-adjusted) Real Estate Agent salary in Mississippi?
- After BEA RPP adjustment (regional price parity index 86.8 for Mississippi), the real-wage equivalent is $58,139 — what the $50,460 nominal salary actually buys. Quartiles in real terms: $43,011 to $98,972.
- Why is the BEA RPP for Mississippi 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. Mississippi's overall index of 86.8 reflects rents 54.9, services 83.5, and goods 94.4.
- Where does Mississippi rank for Real Estate Agent pay?
- On nominal BLS wages alone, Mississippi 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.
- Is Mississippi a 'real-wage arbitrage' state for Real Estate Agents?
- Yes — the BEA RPP of 86.8 is below the national 100 baseline, so nominal $50,460 stretches to a real-wage equivalent of $58,139. The take-home advantage versus a higher-RPP state is meaningful for Real Estate Agents comparing offers across regions.
- Should I negotiate based on the BLS median for Mississippi?
- 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 Mississippi.
- Does the BLS real estate agent figure represent typical Mississippi agent income?
- Probably not — and this is the single largest BLS limitation for this occupation. The vast majority of Mississippi real estate agents work as independent contractors paid on 1099, not W-2. BLS OEWS measures wage and salary employment only, so the figure on this page reflects the small subset of agents on W-2 (typically corporate brokerage employees, salaried agents at iBuyer firms, salaried team-staff agents). The much larger 1099 commission-only population is captured by NAR member surveys and IRS Schedule C data, both of which show median income substantially below BLS — typically $30-50K nationally for the median agent — with extreme right-skew. Treat the BLS number on this page as a floor, not a typical figure.
- Is the Mississippi real estate market shift (post-2024 NAR commission settlement) affecting agent pay?
- The 2024 NAR settlement on buyer-broker commission disclosure has compressed effective commissions in Mississippi markets where buyers now negotiate buy-side fees explicitly. Anecdotal early data shows 0.25-0.75 percentage points of buy-side commission compression in Mississippi's competitive metros. Combined with cyclically suppressed transaction volume in 2024-2025 high-rate environment, gross commission income for the median Mississippi agent has declined roughly 15-30% from the 2021-2022 peak. The BLS figure on this page reflects the most recent OEWS release date noted on the page; current-year realized earnings are likely below it for the typical commission-only agent.
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 Mississippi 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.