Real Estate Agent Salary in TennesseeNo State Income Tax

Real Estate Agents in Tennessee earn an average of $52,344 per year across 2 metro areas. This is +7.6% lower than the national average.

Average Salary

$52,344

per year

Hourly Rate

$25.17

per hour

vs National

-7.6%

$56,620 national

Salary Range

$33,311

to $75,568

Cost of Living Adjusted Salary

Nominal Salary

$52,344

Cost of Living Index

93

100 = national average

Adjusted Salary

$56,284

purchasing power equivalent

After adjusting for Tennessee's cost of living (below average), a Real Estate Agent's salary of $52,344 has the purchasing power of $56,284 in an average-cost area. Additionally, Tennessee has no state income tax, further increasing take-home pay.

Real Estate Agent Salary by City in Tennessee

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Nashville, TN$55,642$26.75/hr$35,079$79,445411
Memphis, TN$49,045$23.58/hr$31,542$71,690429

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Tennessee vs National Average

Real Estate Agent Salary Comparison

Tennessee Average$52,344
National Average$56,620
Difference-$4,276 (-7.6%)

Employment in Tennessee

There are approximately 840 Real Estate Agents employed across 2 metro areas in Tennessee.

Key Industries: Healthcare, Automotive, Music & Entertainment

State Income Tax: None (tax-free state)

Real Estate Agent Salary Range in Tennessee

Entry Level (10th Percentile)

$33,311

Starting salary for new Real Estate Agents

Median (50th Percentile)

$52,344

Mid-career Real Estate Agent salary

Senior (90th Percentile)

$75,568

Top earners in the field

Frequently Asked Questions

What is the average Real Estate Agent salary in Tennessee?

The average Real Estate Agent salary in Tennessee is $52,344 per year ($25.17/hour) based on 2026 data across 2 metro areas. This is 7.6% below the national average of $56,620.

What is the highest paying city for Real Estate Agents in Tennessee?

Nashville, TN is the highest paying city for Real Estate Agents in Tennessee, with a median salary of $55,642 per year. The lowest paying metro area is Memphis, TN at $49,045.

What is the salary range for Real Estate Agents in Tennessee?

Real Estate Agent salaries in Tennessee range from $33,311 (entry-level, 10th percentile) to $75,568 (experienced, 90th percentile). The median salary is $52,344 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Tennessee. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.