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As of October 2025, the average salary for a Real Estate Analyst stands at $71,206 annually, translating to approximately $34 per hour. This compensation reflects the critical role analysts play in evaluating property markets and advising on investment decisions.
Several factors contribute to salary variations, including geographic location, years of experience, and specific sectors within the real estate industry. For instance, analysts in high-demand markets may see significantly higher salaries. States like California and New York consistently rank among the highest-paying regions, driven by their competitive housing markets.
For those looking to enter or advance in this field, developing expertise in data analysis and market research can open doors to higher-paying positions. Continuing education and certifications can further enhance career prospects, offering pathways to senior analyst roles or specialized positions in real estate investment.
The role of a Real Estate Analyst not only offers a solid salary but also presents numerous opportunities for growth and specialization within the dynamic real estate market.
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The highest-paying states for real estate analysts are Connecticut, Washington, and New Jersey. The lowest average real estate analyst salary states are Louisiana, Oklahoma, and Florida.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $84,617 | $40.68 |
| 2 | New York | $80,719 | $38.81 |
| 3 | New Jersey | $80,846 | $38.87 |
| 4 | Pennsylvania | $80,293 | $38.60 |
| 5 | Massachusetts | $75,309 | $36.21 |
| 6 | Rhode Island | $78,963 | $37.96 |
| 7 | California | $78,264 | $37.63 |
| 8 | Washington | $81,540 | $39.20 |
| 9 | Nevada | $78,527 | $37.75 |
| 10 | New Hampshire | $71,954 | $34.59 |
| 11 | Vermont | $71,241 | $34.25 |
| 12 | Virginia | $68,968 | $33.16 |
| 13 | Iowa | $63,613 | $30.58 |
| 14 | North Carolina | $69,748 | $33.53 |
| 15 | Maryland | $70,304 | $33.80 |
| 16 | District of Columbia | $69,413 | $33.37 |
| 17 | Indiana | $66,846 | $32.14 |
| 18 | Oregon | $69,954 | $33.63 |
| 19 | Delaware | $64,525 | $31.02 |
| 20 | Wyoming | $63,663 | $30.61 |
| 21 | West Virginia | $68,079 | $32.73 |
| 22 | Michigan | $62,006 | $29.81 |
| 23 | New Mexico | $66,145 | $31.80 |
| 24 | South Carolina | $65,502 | $31.49 |
| 25 | Maine | $66,145 | $31.80 |
| 26 | Idaho | $65,367 | $31.43 |
| 27 | Texas | $63,268 | $30.42 |
| 28 | Arizona | $61,279 | $29.46 |
| 29 | Illinois | $62,483 | $30.04 |
| 30 | Minnesota | $63,068 | $30.32 |
| 31 | Colorado | $62,225 | $29.92 |
| 32 | Ohio | $60,849 | $29.25 |
| 33 | Wisconsin | $59,969 | $28.83 |
| 34 | Utah | $62,250 | $29.93 |
| 35 | Alabama | $56,287 | $27.06 |
| 36 | Alaska | $63,264 | $30.42 |
| 37 | North Dakota | $57,952 | $27.86 |
| 38 | Montana | $61,795 | $29.71 |
| 39 | Oklahoma | $53,766 | $25.85 |
| 40 | Kentucky | $56,752 | $27.28 |
| 41 | Kansas | $53,859 | $25.89 |
| 42 | Missouri | $58,847 | $28.29 |
| 43 | Nebraska | $57,734 | $27.76 |
| 44 | Arkansas | $53,276 | $25.61 |
| 45 | Hawaii | $53,255 | $25.60 |
| 46 | Tennessee | $53,819 | $25.87 |
| 47 | South Dakota | $56,131 | $26.99 |
| 48 | Georgia | $56,096 | $26.97 |
| 49 | Florida | $53,751 | $25.84 |
| 50 | Louisiana | $53,790 | $25.86 |
| 51 | Mississippi | $52,798 | $25.38 |
The highest-paying cities for real estate analysts are San Francisco, CA, Seattle, WA, and Albany, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $87,154 | $41.90 |
| 2 | Seattle, WA | $82,272 | $39.55 |
| 3 | Albany, NY | $81,293 | $39.08 |
| 4 | Jersey City, NJ | $81,222 | $39.05 |
| 5 | Philadelphia, PA | $80,692 | $38.79 |
| 6 | Boston, MA | $75,414 | $36.26 |
| 7 | McLean, VA | $70,551 | $33.92 |
| 8 | Gaithersburg, MD | $70,084 | $33.69 |
| 9 | Washington, DC | $69,462 | $33.40 |
| 10 | Charlotte, NC | $67,927 | $32.66 |
| 11 | Indianapolis, IN | $66,577 | $32.01 |
| 12 | Greenville, SC | $66,542 | $31.99 |
| 13 | Austin, TX | $63,595 | $30.57 |
| 14 | Minneapolis, MN | $63,083 | $30.33 |
| 15 | Skokie, IL | $62,911 | $30.25 |
| 16 | Des Moines, IA | $62,830 | $30.21 |
| 17 | Cleveland, OH | $62,630 | $30.11 |
| 18 | Denver, CO | $62,187 | $29.90 |
| 19 | Lansing, MI | $61,654 | $29.64 |
| 20 | Phoenix, AZ | $61,477 | $29.56 |
A real estate analyst's salary ranges from $44,000 a year at the 10th percentile to $113,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $113,000 | $9,417 | $54 |
| 75th Percentile | $90,000 | $7,500 | $43 |
| Average | $71,206 | $5,934 | $34 |
| 25th Percentile | $55,000 | $4,583 | $26 |
| 10th Percentile | $44,000 | $3,667 | $21 |
The highest paying types of real estate analysts are investment associate, equity analyst, and real estate manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Professional | $55,551 | $4,629 | $26.71 | 124,570 |
| Investment Banking Internship | $43,637 | $3,636 | $20.98 | 62,819 |
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Corporate Finance Analyst | $76,023 | $6,335 | $36.55 | 114,375 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Summer Analyst | $66,837 | $5,570 | $32.13 | 44,912 |
Top companies hiring real estate analysts now:
Real estate analyst salaries at McKinsey & Company Inc and Google are the highest-paying according to our most recent salary estimates. In addition, the average real estate analyst salary at companies like First Republic Bank and AllianceBernstein are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | McKinsey & Company Inc | $137,314 | $66.02 |
| 2 | $128,893 | $61.97 | |
| 3 | First Republic Bank | $125,810 | $60.49 |
| 4 | AllianceBernstein | $124,082 | $59.65 |
| 5 | Canaan | $119,137 | $57.28 |
| 6 | Ernst & Young | $118,695 | $57.06 |
| 7 | RSM US | $114,701 | $55.14 |
| 8 | Amazon | $114,405 | $55.00 |
| 9 | AIG | $112,974 | $54.31 |
| 10 | GFI Group | $112,855 | $54.26 |
| 11 | Deutsche Bank | $112,422 | $54.05 |
| 12 | UBS | $112,281 | $53.98 |
| 13 | Nuveen Investments | $111,557 | $53.63 |
| 14 | Anglo Irish Bank | $111,391 | $53.55 |
| 15 | Royal Bank of Canada | $111,352 | $53.53 |
| 16 | BNY Mellon | $110,988 | $53.36 |
| 17 | Douglas Elliman | $110,936 | $53.33 |
| 18 | J.P. Morgan | $110,719 | $53.23 |
| 19 | BNP Paribas | $109,838 | $52.81 |
| 20 | MSCI | $109,399 | $52.60 |
The average real estate analyst salary has risen by $10,936 over the last ten years. In 2014, the average real estate analyst earned $60,270 annually, but today, they earn $71,206 a year. That works out to a 9% change in pay for real estate analysts over the last decade.
Compare real estate analyst salaries for cities or states with the national average over time.
Compare real estate analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $71,200 | $34.23 | +2.6% |
| 2024 | $69,400 | $33.36 | +1.6% |
| 2023 | $68,200 | $32.81 | +1.6% |
| 2022 | $67,200 | $32.29 | +3.0% |
| 2021 | $65,100 | $31.32 | +1.8% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Axos Bank | SR. Commercial Real Estate Analyst | San Diego, CA | 06/30/2025 | $75,000 |
| Citigroup | Global Spread Products Financing and Securitization-Commercial Real Estate Conduit-Analyst-New | New York, NY | 06/28/2025 | $110,000 |
| Granite Construction Inc. | Real Estate Analyst | Tucson, AZ | 06/28/2025 | $70,248 |
| Granite Construction Inc. | Real Estate Analyst | Watsonville, CA | 06/28/2025 | $70,248 |
| Granite Construction Inc. | Real Estate Analyst | Reno, NV | 06/28/2025 | $70,248 |
| Granite Construction Inc. | Real Estate Analyst | The Woodlands, TX | 06/28/2025 | $70,248 |
| Morgan Stanley | Mesa West-Morgan Stanley, Private Real Estate Loan Originations, Analyst/Associate | Los Angeles, CA | 06/28/2025 | $125,000 |
| Aresmgmt | Analyst, Real Estate Acquisitions (Logistics) | Rutherford, NJ | 06/28/2025 | $110,000 |
| Bank of America | Real Estate Corporate Banking Credit Products Analyst/Associate | Dallas, TX | 06/27/2025 | $76,500 |
| Morgan Stanley | Real Estate Fund Portfolio Analytics-Analyst | New York, NY | 06/27/2025 | $100,000 |
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