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Midland, TX is the Best City for Real Estate Sales Agents

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NEW YORK - Rezul -- AdvisorSmith, a leading information resource for small business owners, published a study today about the most attractive cities for real estate agents.

The study which ranked 219 of the largest U.S. cities, was based upon the following factors:

• Mean salaries for real estate agents in each city

• A cost of living index

• The availability of jobs for real estate agents as measured by location quotient

Key Findings

• The #1 city for Real Estate Sales Agents is Midland, TX, which offers an average salary of $111,560, and has 3% lower cost of living than the rest of the nation. The city hosts 149% more jobs for Real Estate Sales Agents on a per-capita basis compared with the U.S. average.

• The best cities for Real Estate Sales Agents are midsize and large cities, with 9 of the top 10, and 44 of the top 50 cities having populations over 150,000. Larger and midsize cities intuitively makes sense because of the dense marketplace and transactional nature of a higher population.

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• The top large cities for Real Estate Sales Agents are Charleston, SC; Jackson, MS; and Virginia Beach, VA. The top midsize cities are Midland, TX; Hilton Head Island, SC; and Grand Junction, CO. The top small cities are Walla Walla, WA; Farmington, NM; and Ames, IA.

Top 50 Cities for Real Estate Sales Agents

Midland, TX
Rank: 1
Annual Salary: $111,560
Cost of Living: 97
Location Quotient: 2.49

Hilton Head Island, SC
Rank: 2
Annual Salary: $64,160
Cost of Living: 117
Location Quotient: 6.3

Charleston, SC
Rank: 3
Annual Salary: $55,180
Cost of Living: 106
Location Quotient: 5.57

Jackson, MS
Rank: 4
Annual Salary: $77,300
Cost of Living: 87
Location Quotient: 1.37

Virginia Beach, VA
Rank: 5
Annual Salary: $81,710
Cost of Living: 105
Location Quotient: 2.46

Tulsa, OK
Rank: 6
Annual Salary: $66,630
Cost of Living: 87
Location Quotient: 2.41

Grand Junction, CO
Rank: 7
Annual Salary: $79,950
Cost of Living: 100
Location Quotient: 1.95

Houston, TX
Rank: 8
Annual Salary: $74,830
Cost of Living: 93
Location Quotient: 1.82

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Dayton, OH
Rank: 9
Annual Salary: $72,900
Cost of Living: 84
Location Quotient: 1.15

Walla Walla, WA
Rank: 10
Annual Salary: $76,380
Cost of Living: 102
Location Quotient: 2.06

To view the original report and see the rest of the top 50, visit: https://advisorsmith.com/data/best-cities-for-real-estate-agents/

About AdvisorSmith

AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, go to https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc.



Source: AdvisorSmith
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Filed Under: Real Estate, Property

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