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U.S. Real Estate Salaries

Key U.S. Salary Findings

$130,000

median U.S. salary in real estate

62%

of professionals awarded a salary rise

11.3%

U.S. real estate gender wage gap

Alex Parkes, Managing Principal - North America

We are pleased to include survey responses from the U.S. for the first time in the annual Macdonald & Company survey report, reflecting a truly global picture of remuneration in Real Estate and the Built Environment.

In 2022, real estate professionals earned 31% higher; with a median annual salary of $130,000, when compared with the national average found in other white-collar/professional services industries.

As a result of salary adjustments and promotions, we found that 60% of real estate professionals received a salary increase in 2022. Those that saw an increase in their base salary compensation by moving to a new employer saw an average increase of $20,000; double the amount than they saw from an increase/adjustment by remaining with their current employer.

The gender wage gap in the real estate industry in the U.S. stands at 11.3%, which is lower than the wider national reported wage gap at 19.8%.

Average U.S. base salaries & bonus

by industry / profession and seniority (median)

Search a salary

NET MEDIAN SALARY $ 100000
President / Principal / C Suite / Founder $ 200000
MD / SMD / EMD / SVP / EVP $ 150000
VP $ 140000
Director $ 87500
Manager $ 80000
Analyst / Associate $ 69500
BONUS $ 25100

NET MEDIAN SALARY $ 106000
BONUS $ 25500

NET MEDIAN SALARY $ 120000
President / Principal / C Suite / Founder $ 200000
MD / SMD / EMD / SVP / EVP $ 172000
VP $ 142500
Director $ 130000
Manager $ 110000
Analyst / Associate $ 85000
BONUS $ 64000

NET MEDIAN SALARY $ 153000
President / Principal / C Suite / Founder $ 250000
MD / SMD / EMD / SVP / EVP $ 158000
VP $ 155000
Director $ 150000
Manager $ 113500
Analyst / Associate $ 95000
BONUS $ 48000

NET MEDIAN SALARY $ 150000
President / Principal / C Suite / Founder $ 400000
MD / SMD / EMD / SVP / EVP $ 200000
VP $ 140000
Director $ 128500
Manager $ 100000
Analyst / Associate $ 86000
BONUS $ 30000

NET MEDIAN SALARY $ 173700
BONUS $ 40000

NET MEDIAN SALARY $ 118000
BONUS $ 21750

NET MEDIAN SALARY $ 200000
BONUS $ 22500

NET MEDIAN SALARY $ 134000
President / Principal / C Suite / Founder $ 250000
MD / SMD / EMD / SVP / EVP $ 175000
VP $ 150000
Director $ 125000
Manager $ 105000
BONUS $ 25000

NET MEDIAN SALARY $ 150000
BONUS $ 37500

NET MEDIAN SALARY $ 117500
President / Principal / C Suite / Founder $ 250000
MD / SMD / EMD / SVP / EVP $ 225000
VP $ 170000
Director $ 112500
Manager $ 96000
Analyst / Associate $ 90000
BONUS $ 25000

NET MEDIAN SALARY $ 122500
BONUS $ 115000

NET MEDIAN SALARY $ 140000
BONUS $ 19000

NET MEDIAN SALARY $ 135000
President / Principal / C Suite / Founder $ 220000
MD / SMD / EMD / SVP / EVP $ 200000
VP $ 160000
Director $ 120000
Manager $ 117500
Analyst / Associate $ 90000
BONUS $ 40000

NET MEDIAN SALARY $ 69500
BONUS $ 12500

NET BONUS SALARY $ 135000
President / Principal / C Suite / Founder $ 285000
MD / SMD / EMD / SVP / EVP $ 225000
VP $ 167000
Director $ 124000
Manager $ 100000
Analyst / Associate $ 94000
BONUS $ 17500

NET MEDIAN SALARY $ 108900
BONUS $ 19000

NET MEDIAN SALARY $ 89300
BONUS $ 15950

NET MEDIAN SALARY $ 275000
BONUS $ 122500

NET MEDIAN SALARY $ 89000
BONUS $ 8500

NET MEDIAN SALARY $ 125000
MD / SMD / EMD / SVP / EVP $ 152000
VP $ 137500
Director $ 125000
Manager $ 87500
BONUS $ 19250

NET MEDIAN SALARY $ 150000
President / Principal / C Suite / Founder $ 237500
MD / SMD / EMD / SVP / EVP $ 187000
VP $ 135000
Director $ 132000
BONUS $ 30000

NET MEDIAN SALARY $ 100000
MD / SMD / EMD / SVP / EVP $ 205000
VP $ 120000
Director $ 110000
Manager $ 97500
Analyst / Associate $ 80000
BONUS $ 13000

NET MEDIAN SALARY $ 110000
BONUS $ 30000

NET MEDIAN SALARY $ 80000
BONUS $ 18000

NET MEDIAN SALARY $ 125000
BONUS $ 35000

NET MEDIAN SALARY $ 90000
BONUS $ 17000

This data is based on the information provided by the survey response.

Hiring managers and businesses can receive in-depth salary and bonus bench-marking data – based on recent placements made and up to the minute market trends – for specific job professions by requesting a bespoke report.

Find out more

Reason for base salary change

Annual pay reviews and promotions were the main reasons why salaries increased in the last 12 months.

Average salary uplift, by reason

For the 2% minority that saw their pay increase from a counter-offer, they benefitted with a salary uplift of $30,000 on average.

Salary increases in real estate in 2021 proved that there is still a war to secure top talent in the industry. Existing employers of candidates, and those competing to hire them competed to hire or retain them with strong employment offers and counter-offers, respectively.

Julian Adams, Principal – Dallas

Average annual base salaries and bonus, by employer main activity and asset class

Median base salary and bonus (by state)

Top 10, by response rate.

Average annual base salary and bonus (by seniority)

Median base salary and bonus (by demographic)

Females respondents earn 4% less than the overall average salary.

U.S. gender pay gap

Our survey reports real estate has an 11.3% pay gap - lower than the wider reported wage gap across the U.S.

It is encouraging to see that, when comparing other professional services industries, nationally, that the gender wage gap in real estate is lower.

We look to see continuous improvements here, and hope that in 2022 we will see the gap close further.

Veronica Guedez, Associate Vice President – Atlanta, GA

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