Agent income

How much do real estate agents make in Rhode Island?

Real estate agents in Rhode Island earn a median of about $60,000 per year, according to May 2025 U.S. government wage data. First-year agents typically start near $33,000, while the top 10% of Rhode Island agents earn more than $122,000. Pay is commission-based, so income scales with each agent's deal volume and price point.

Median salary
$60k
▲ 13% vs US
Top 10% earn
$122k+
High producers
Entry level
$33k
First year or two

Rhode Island real estate agent salary by experience

Real estate pay in Rhode Island climbs sharply with experience. Newer agents earn near $33,000, the typical agent earns about $60,000, experienced agents around $91,000, and the top 10% clear $122,000 — a range driven mostly by deal volume and average sale price.

Entry (first year or two)
$33k
Median
$60k
Experienced
$91k
Top 10%
$122k

Because income is commission-based rather than salaried, the gap between a first-year agent and a top producer in Rhode Island is wide and depends on production, not tenure alone. The single fastest lever on income is average sale price, which is why luxury and high-cost metros pay a multiple of the state median. Ready to start? See how to get licensed in Rhode Island.

Do Rhode Island agents earn more than the national average?

Rhode Island's median agent pay of $60,000 is about 13% higher than the U.S. median of $53,000. At the top end, the best Rhode Island agents earn $122,000, versus $124,000 for the top 10% of agents nationally.

Real estate agent pay in Rhode Island vs. the U.S., May 2025
MeasureRhode IslandNationalvs. U.S.
Median annual pay$60,000$53,000+13%
Top 10% (90th percentile)$122,000$124,000−2%
Entry-level (estimated)$33,000$29,000+14%

How are real estate agents paid in Rhode Island?

Agents in Rhode Island are almost always paid on commission — a percentage of each sale price, split with their brokerage — not a fixed salary. Earnings rise directly with deal volume and price point, so the numbers above are ranges, not guaranteed pay.

Four factors drive what a Rhode Island agent actually takes home:

  • Average sale price. A 2.5–3% commission on a $1M home dwarfs the same rate on a $250K home, so market and price tier matter more than hours worked.
  • Deal volume. Income scales linearly with closings; the top decile simply completes more transactions per year.
  • Commission split. New agents may keep 50–70% of each commission; established producers negotiate 80–100% splits or cap arrangements.
  • Niche and referrals. Repeat and referral business lowers acquisition cost and lifts effective hourly pay over time.
“The single biggest lever on a Rhode Island agent’s income isn’t the commission rate — it’s average sale price, which is why luxury markets pay a multiple of the state median.”— Priya Nandakumar, Housing Economist

Rhode Island real estate agent salary FAQ

What is the average real estate agent salary in Rhode Island?
The median real estate agent in Rhode Island earns about $60,000 per year, based on May 2025 U.S. government wage data. Because pay is commission-based, entry-level agents often earn near $33,000, experienced agents around $91,000, and top producers more than $122,000.
Do Rhode Island real estate agents earn more than the national average?
Rhode Island's median agent pay of $60,000 is about 13% higher than the national median of $53,000 for real estate sales agents. At the top end, the best Rhode Island agents earn $122,000, compared with $124,000 for the top 10% nationally.
How much do beginner real estate agents make in Rhode Island?
New agents in Rhode Island typically earn around $33,000 in their first year or two while they build a client pipeline and close their first deals. Because income is commission-based, first-year earnings vary widely and depend heavily on how many transactions an agent completes.
How are real estate agents paid in Rhode Island?
Agents in Rhode Island are almost always paid on commission — a percentage of each property's sale price, split with their brokerage — rather than a fixed salary. Income scales directly with deal volume and average sale price, so higher-priced markets and busier agents earn far more.
How long does it take to earn six figures as a Rhode Island agent?
With a median of $60,000, a six-figure income in Rhode Island usually takes several years of consistent production and a strong referral base. Agents who focus on higher-priced listings or close more transactions reach the top-10% level of $122,000 fastest; there is no fixed timeline.
Salary figures are official U.S. government wage statistics for real estate sales agents in Rhode Island — May 2025 estimates, rounded to the nearest $1,000. Entry-level and experienced figures are WealthyBud estimates derived from the median and 90th-percentile wages. Reported wages reflect W-2 employment; actual commission income varies widely by brokerage, market and production.

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.