Real Estate Agent

$66,988 (USD)/yr

$32.21 (USD)/hr

$10,008 (USD)/yr

The average real estate agent gross salary in Cannon Falls, Minnesota is $66,988 or an equivalent hourly rate of $32. This is 5% lower (-$3,583) than the average real estate agent salary in the United States. In addition, they earn an average bonus of $10,008. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Cannon Falls, Minnesota. An entry level real estate agent (1-3 years of experience) earns an average salary of $39,049. On the other end, a senior level real estate agent (8+ years of experience) earns an average salary of $75,925.

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Salary Potential

$76,125 (USD)

14 %

Based on our compensation data, the estimated salary potential for Real Estate Agent will increase 14 % over 5 years.

Education

This chart displays the highest level of education for:
Real Estate Agent, the majority at 53% with high schools.

Typical Field of Study: Real Estate

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City Overview

Cannon Falls, Minnesota

The cost of living in Cannon Falls, Minnesota is 3% less than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

View Cost of Living Page

Cannon Falls is a city in Goodhue County, Minnesota, United States. The population was 4,220 at the 2020 census. Located along U.S. Route 52, southeast of the Twin Cities, Cannon Falls is the home of Pachyderm Studios, where many famous musicians have recorded, including Nirvana, which recorded its 1993 album In Utero there. Cannon Falls is named for the falls along the Cannon River and serves as the western trailhead for the Cannon Valley Trail.

Sourced from Wikipedia
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Disclaimer
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Job Description
Rents, buys, and sells property for clients on commission basis. Solicits real estate services from property owners in order to obtain new listings. Checks property listings to become familiar with properties for sale. Accompanies prospects to property sites, quotes purchase price, describes features, and discusses conditions of sale or terms of lease. Draws up real estate contracts, such as deeds,... leases, and mortgages.Read More
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