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Real estate developer salary
Average real estate developer salary
$93,510
Average Real Estate Developer Salary
The average salary for real estate developers stands at $93,510 per year as of October 2025. This figure can vary based on several factors, including years of experience, geographic location, and the specific sector within real estate. For instance, developers in metropolitan areas often earn higher salaries due to increased demand and cost of living.
Salary by State
In states like California and New York, salaries can exceed the national average, reflecting higher living costs and competitive markets. Here are the highest-paying states for real estate developers:
- California: $112,000
- New York: $105,000
- Massachusetts: $98,000
Additionally, developers working in commercial real estate typically earn more than those in residential sectors. By understanding these dynamics, job seekers can better navigate their career paths and negotiate salaries effectively.
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Where can a Real Estate Developer earn more?
Real estate developer salary estimates from across the web
Average real estate developer salary by state
The highest-paying states for real estate developers are Connecticut, Maryland, and Virginia. The lowest average real estate developer salary states are Louisiana, Minnesota, and Kansas.
- State view
- County view
Highest paying states for real estate developers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Texas | $105,478 | $50.71 |
| 2 | Connecticut | $114,760 | $55.17 |
| 3 | Michigan | $95,576 | $45.95 |
| 4 | Ohio | $95,031 | $45.69 |
| 5 | Pennsylvania | $100,740 | $48.43 |
| 6 | Tennessee | $92,329 | $44.39 |
| 7 | Rhode Island | $100,834 | $48.48 |
| 8 | Maine | $95,249 | $45.79 |
| 9 | Massachusetts | $100,690 | $48.41 |
| 10 | Virginia | $111,169 | $53.45 |
| 11 | Maryland | $112,416 | $54.05 |
| 12 | Kentucky | $90,008 | $43.27 |
| 13 | Indiana | $91,404 | $43.94 |
| 14 | Nevada | $92,542 | $44.49 |
| 15 | Delaware | $99,162 | $47.67 |
| 16 | Washington | $96,052 | $46.18 |
| 17 | District of Columbia | $112,162 | $53.92 |
| 18 | North Carolina | $98,456 | $47.33 |
| 19 | New Mexico | $89,346 | $42.95 |
| 20 | Vermont | $98,425 | $47.32 |
| 21 | Alabama | $88,402 | $42.50 |
| 22 | New Jersey | $99,662 | $47.91 |
| 23 | Iowa | $86,751 | $41.71 |
| 24 | Georgia | $89,219 | $42.89 |
| 25 | West Virginia | $86,950 | $41.80 |
| 26 | Alaska | $91,297 | $43.89 |
| 27 | South Dakota | $86,202 | $41.44 |
| 28 | California | $96,920 | $46.60 |
| 29 | New York | $93,616 | $45.01 |
| 30 | New Hampshire | $88,065 | $42.34 |
| 31 | Mississippi | $86,185 | $41.44 |
| 32 | Illinois | $91,143 | $43.82 |
| 33 | Montana | $88,879 | $42.73 |
| 34 | Nebraska | $78,161 | $37.58 |
| 35 | Missouri | $83,992 | $40.38 |
| 36 | North Dakota | $81,664 | $39.26 |
| 37 | Arizona | $86,031 | $41.36 |
| 38 | South Carolina | $81,429 | $39.15 |
| 39 | Utah | $85,101 | $40.91 |
| 40 | Wisconsin | $77,736 | $37.37 |
| 41 | Kansas | $75,693 | $36.39 |
| 42 | Idaho | $85,269 | $40.99 |
| 43 | Minnesota | $77,218 | $37.12 |
| 44 | Louisiana | $77,531 | $37.27 |
| 45 | Wyoming | $82,423 | $39.63 |
| 46 | Arkansas | $73,410 | $35.29 |
| 47 | Hawaii | $78,344 | $37.67 |
| 48 | Colorado | $70,638 | $33.96 |
| 49 | Oregon | $81,563 | $39.21 |
| 50 | Oklahoma | $73,629 | $35.40 |
| 51 | Florida | $78,722 | $37.85 |
Highest paying cities for real estate developers
The highest-paying cities for real estate developers are Catonsville, MD, Austin, TX, and Natick, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Catonsville, MD | $112,566 | $54.12 |
| 2 | Austin, TX | $106,045 | $50.98 |
| 3 | Natick, MA | $100,734 | $48.43 |
| 4 | Mooresville, NC | $97,082 | $46.67 |
| 5 | Bellevue, WA | $96,628 | $46.46 |
| 6 | New York, NY | $93,717 | $45.06 |
| 7 | Chicago, IL | $91,614 | $44.05 |
| 8 | Memphis, TN | $91,498 | $43.99 |
| 9 | Las Vegas, NV | $91,495 | $43.99 |
| 10 | Davenport, IA | $88,297 | $42.45 |
| 11 | Minneapolis, MN | $77,167 | $37.10 |
Real estate developer salary details
A real estate developer's salary ranges from $66,000 a year at the 10th percentile to $131,000 at the 90th percentile.
What is a real estate developer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $131,000 | $10,917 | $63 |
| 75th Percentile | $112,000 | $9,333 | $54 |
| Average | $93,510 | $7,793 | $45 |
| 25th Percentile | $78,000 | $6,500 | $38 |
| 10th Percentile | $66,000 | $5,500 | $32 |
Highest paying real estate developer jobs
The highest paying types of real estate developers are director of property management, real estate consultant, and real estate manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Leasing Professional | $32,944 | $2,745 | $15.84 | 48,976 |
| Property Administrator | $39,619 | $3,302 | $19.05 | 56,820 |
| Property Manager | $49,958 | $4,163 | $24.02 | 15,402 |
| Building Manager | $66,595 | $5,550 | $32.02 | 15,982 |
| Communications Manager | $81,304 | $6,775 | $39.09 | 26,350 |
| Leasing Agent | $33,660 | $2,805 | $16.18 | 32,462 |
Top companies hiring real estate developers now:
Which companies pay real estate developers the most?
Real estate developer salaries at RSM US and Deloitte are the highest-paying according to our most recent salary estimates. In addition, the average real estate developer salary at companies like Ernst & Young and Citi are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | RSM US | $115,691 | $55.62 |
| 2 | Deloitte | $112,908 | $54.28 |
| 3 | Ernst & Young | $111,068 | $53.40 |
| 4 | Citi | $106,583 | $51.24 |
| 5 | MathWorks | $95,280 | $45.81 |
| 6 | CBRE Group | $89,815 | $43.18 |
| 7 | Champions School of Real Estate | $89,592 | $43.07 |
| 8 | SunEnergy1 | $88,724 | $42.66 |
| 9 | Robert Half | $86,676 | $41.67 |
| 10 | Sherman Associates | $68,227 | $32.80 |
| 11 | The Place Family Restaurant | $66,088 | $31.77 |
| 12 | Erickson Senior Living | $61,900 | $29.76 |
Wage gap by gender, race and education
Real Estate Developer salary by industry
The average real estate developer salary varies across industries:
- The average real estate developer salary in the media industry is $111,442, the highest of any industry.
- The average real estate developer salary in the finance industry is $90,924.
- Real estate developers in the utilities industry earn an average salary of $88,421, the lowest of any industry.
Highest paying industries for real estate developers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Media | $111,442 | $53.58 |
| 2 | Real Estate | $90,924 | $43.71 |
| 3 | Transportation | $90,762 | $43.64 |
| 4 | Utilities | $88,421 | $42.51 |
High paying real estate developer jobs
Real estate developer salary trends
The average real estate developer salary has risen by $11,207 over the last ten years. In 2014, the average real estate developer earned $82,303 annually, but today, they earn $93,510 a year. That works out to a 5% change in pay for real estate developers over the last decade.
Compare real estate developer salaries for cities or states with the national average over time.
Average real estate developer salary over time
Compare real estate developer salaries for individual cities or states with the national average.
Real estate developer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $93,500 | $44.96 | +1.5% |
| 2024 | $92,100 | $44.28 | +0.7% |
| 2023 | $91,400 | $43.96 | -0.6% |
| 2022 | $92,000 | $44.21 | +2.8% |
| 2021 | $89,400 | $42.98 | +2.9% |
Recently added real estate developer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Pyramid Consulting, Inc. | Network Real Estate Specialist/Developer | Portland, OR | 05/28/2025 | $93,915 |
| Pyramid Consulting, Inc. | Network Real Estate Specialist/Developer | Bellevue, WA | 05/28/2025 | $114,785 |
| Keybank National Association | Real Estate Collections | Amherst, NY | 05/08/2025 | $41,740 |
| Compass Business Solutions, Inc. | Real Estate Developer | Homestead, PA | 04/18/2025 | $60,000 |
| Compass Business Solutions, Inc. | Real Estate Developer | Homestead, PA | 03/21/2025 | $60,000 |
| Compass Business Solutions | Real Estate Developer | Homestead, PA | 03/20/2025 | $60,000 |
| Biggerpockets Inc. | Commercial Real Estate Developer | Dallas, TX | 02/20/2025 | $62,610 |
| Biggerpockets Inc. | Real Estate Funding | Albuquerque, NM | 02/17/2025 | $62,610 |
| Biggerpockets Inc. | Seeking Advice On Lazy 1031 Exchange and Real Estate Development Strategies | Denver, CO | 02/17/2025 | $62,610 |
| Biggerpockets Inc. | Shovel Ready Real Estate Development Projects | Columbus, OH | 02/16/2025 | $62,610 |
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