Real Estate Agent · Rhode Island · SOC 41-9022
Rhode Island Real Estate Agent Salary — 2026 BLS + BEA RPP
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-08.
TL;DR
- $55,460 is the BLS median wage for Real Estate Agents in Rhode Island; $54,338 is the BEA-adjusted purchasing-power equivalent.
- Quartile range $47,340 (bottom 25%) to $64,890 (top 25%); the P10-P90 envelope is $34,050 to $126,250.
- Cost of living tracks roughly with the national index, so nominal and real wages stay close.
- Nominal: #18/51 · Real: #23/51 — ranking shifts by 5 positions after RPP.
Wage breakdown — Rhode Island
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $34,050 | $33,361 |
| P25 (lower quartile) | $47,340 | $46,382 |
| P50 (median) | $55,460 | $54,338 |
| P75 (upper quartile) | $64,890 | $63,577 |
| P90 (top tier) | $126,250 | $123,696 |
| Mean | $62,570 | $61,304 |
| Employment | 850 Real Estate Agents in Rhode Island | |
Cost of living — BEA Regional Price Parity
| Component | Rhode Island index (US = 100) |
|---|---|
| All-items RPP | 102.1 |
| Goods | 98.3 |
| Services | 145.1 |
| Rents | 102.7 |
Rhode Island's overall RPP (102.1) is close to the national 100 baseline; nominal and real wage move roughly together.
After-tax take-home — Rhode Island (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) | $55,460 | nominal median |
| Federal income tax | −$4,517 | 8.1% effective; std deduction $15,750 applied |
| State income tax | −$1,684 | 3.75–5.99% (graduated) |
| FICA (SS 6.2% + Medicare 1.45%) | −$4,243 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $45,016 | 81.2% of gross |
| Real take-home (RPP-adjusted) | $44,105 | ÷ (102.1 / 100) BEA cost-of-living |
What the Rhode Island 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 $45,016 (81.2% of gross). After the 102.1 RPP, real take-home is $44,105.
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. Rhode Island sits at #18 on nominal pay and #23 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Rhode Island falls 5 positions — the cost premium eats into the headline wage.
Frequently asked questions
- How much does a Real Estate Agent make in Rhode Island?
- BLS reports a median annual wage of $55,460 for Real Estate Agents in Rhode Island as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $47,340 and the 75th-percentile is $64,890.
- What does the top of the Real Estate Agent pay scale look like in Rhode Island?
- The 90th percentile lands at $126,250. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $64,890.
- Where does Rhode Island rank for Real Estate Agent pay?
- On nominal BLS wages alone, Rhode Island 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.
- How wide is the wage spread in Rhode Island?
- P10 to P90 spans $34,050 to $126,250. That spread captures entry-level to top-quartile pay, including specialty differentials and metro-area variance within the state.
- Should I negotiate based on the BLS median for Rhode Island?
- 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 Rhode Island.
- Does the BLS real estate agent figure represent typical Rhode Island agent income?
- Probably not — and this is the single largest BLS limitation for this occupation. The vast majority of Rhode Island 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 Rhode Island 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 Rhode Island 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 Rhode Island's competitive metros. Combined with cyclically suppressed transaction volume in 2024-2025 high-rate environment, gross commission income for the median Rhode Island 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 Rhode Island 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.