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Transactional specialist salary
Average transactional specialist salary
$64,483
Transactional Specialist Salary Overview
The average salary for a Transactional Specialist is approximately $64,483 a year. This figure can vary based on factors such as geographic location, industry, and years of experience. For instance, entry-level positions may start at lower salaries, while experienced specialists can command significantly higher wages. Understanding these variations can help job seekers gauge their earning potential in this role.
Salary by State
Transactional specialists' salaries differ from state to state. For example, states like California and New York often offer higher compensation due to the cost of living and demand for skilled professionals. Conversely, states with lower living costs may provide salaries below the national average.
Experience Level Impact
Experience plays a crucial role in determining salary. Those with more years in the field typically earn more. The progression from entry-level to senior positions can see salary increases of up to 20-30% based on skill development and specialization.
Top Paying Cities
Highly populated urban areas often yield the highest salaries. Cities such as San Francisco, New York, and Washington D.C. lead in average compensation for transactional specialists. Understanding the local job market can help you target your job search effectively.
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Where can a Transactional Specialist earn more?
Transactional specialist salaries by experience level
Average transactional specialist salary by state
The average transactional specialist salary in New Jersey, Maryland, and Rhode Island are the highest in the U.S. The lowest average transactional specialist salary states are Arizona, Utah, and Oklahoma.
- State view
- County view
Highest paying states for transactional specialists
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Vermont | $90,704 | $43.61 |
| 2 | Rhode Island | $93,345 | $44.88 |
| 3 | District of Columbia | $97,156 | $46.71 |
| 4 | New Jersey | $97,523 | $46.89 |
| 5 | New York | $86,816 | $41.74 |
| 6 | Delaware | $79,602 | $38.27 |
| 7 | Michigan | $82,623 | $39.72 |
| 8 | Pennsylvania | $80,934 | $38.91 |
| 9 | Maryland | $93,780 | $45.09 |
| 10 | Connecticut | $87,114 | $41.88 |
| 11 | Ohio | $80,347 | $38.63 |
| 12 | Massachusetts | $88,383 | $42.49 |
| 13 | Maine | $77,136 | $37.08 |
| 14 | Iowa | $64,316 | $30.92 |
| 15 | Illinois | $76,614 | $36.83 |
| 16 | Virginia | $81,506 | $39.19 |
| 17 | New Hampshire | $79,741 | $38.34 |
| 18 | Wisconsin | $64,960 | $31.23 |
| 19 | Colorado | $64,783 | $31.15 |
| 20 | Arkansas | $56,268 | $27.05 |
| 21 | Indiana | $66,012 | $31.74 |
| 22 | Nebraska | $58,478 | $28.11 |
| 23 | North Dakota | $61,599 | $29.61 |
| 24 | South Carolina | $68,069 | $32.73 |
| 25 | North Carolina | $62,225 | $29.92 |
| 26 | Wyoming | $53,660 | $25.80 |
| 27 | Minnesota | $66,012 | $31.74 |
| 28 | Tennessee | $54,806 | $26.35 |
| 29 | West Virginia | $61,357 | $29.50 |
| 30 | Alabama | $53,338 | $25.64 |
| 31 | Alaska | $50,331 | $24.20 |
| 32 | Florida | $51,369 | $24.70 |
| 33 | Oregon | $60,240 | $28.96 |
| 34 | Texas | $53,863 | $25.90 |
| 35 | Louisiana | $50,478 | $24.27 |
| 36 | Nevada | $50,346 | $24.20 |
| 37 | South Dakota | $49,005 | $23.56 |
| 38 | California | $52,453 | $25.22 |
| 39 | Arizona | $45,371 | $21.81 |
| 40 | Kentucky | $54,858 | $26.37 |
| 41 | Washington | $53,674 | $25.80 |
| 42 | Idaho | $48,248 | $23.20 |
| 43 | Georgia | $50,699 | $24.37 |
| 44 | Hawaii | $37,759 | $18.15 |
| 45 | Utah | $44,001 | $21.15 |
| 46 | Missouri | $52,519 | $25.25 |
| 47 | Kansas | $50,673 | $24.36 |
| 48 | Montana | $46,975 | $22.58 |
| 49 | Oklahoma | $43,560 | $20.94 |
| 50 | New Mexico | $43,076 | $20.71 |
| 51 | Mississippi | $39,515 | $19.00 |
Highest paying cities for transactional specialists
The highest-paying cities for transactional specialists are Jersey City, NJ, Washington, DC, and Andover, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Jersey City, NJ | $98,160 | $47.19 |
| 2 | Washington, DC | $97,326 | $46.79 |
| 3 | Andover, MA | $88,269 | $42.44 |
| 4 | Enfield, CT | $87,937 | $42.28 |
| 5 | Harrison, NY | $87,430 | $42.03 |
| 6 | McLean, VA | $84,986 | $40.86 |
| 7 | Wilmington, DE | $80,106 | $38.51 |
| 8 | Westerville, OH | $79,350 | $38.15 |
| 9 | Chicago, IL | $77,391 | $37.21 |
| 10 | Minneapolis, MN | $65,965 | $31.71 |
| 11 | Indianapolis, IN | $65,495 | $31.49 |
| 12 | Milwaukee, WI | $65,202 | $31.35 |
| 13 | Fort Collins, CO | $64,942 | $31.22 |
| 14 | Charlotte, NC | $60,147 | $28.92 |
| 15 | Hillsboro, OR | $59,287 | $28.50 |
| 16 | Knoxville, TN | $57,371 | $27.58 |
| 17 | Berkeley, CA | $55,802 | $26.83 |
| 18 | San Antonio, TX | $54,391 | $26.15 |
| 19 | Birmingham, AL | $53,860 | $25.89 |
| 20 | Seattle, WA | $53,264 | $25.61 |
Transactional specialist salary details
A transactional specialist's salary ranges from $39,000 a year at the 10th percentile to $105,000 at the 90th percentile.
What is a transactional specialist's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $105,000 | $8,750 | $50 |
| 75th Percentile | $83,000 | $6,917 | $40 |
| Average | $64,483 | $5,374 | $31 |
| 25th Percentile | $49,000 | $4,083 | $24 |
| 10th Percentile | $39,000 | $3,250 | $19 |
How would you rate the starting salaries for transactional specialists, as well as the prospects for salary advancement?
Dr. Kate Seltzer Ph.D.
Assistant Professor, Rowan University
Top companies hiring transactional specialists now:
Which companies pay transactional specialists the most?
Transactional specialist salaries at Apple and Morgan Stanley are the highest-paying according to our most recent salary estimates. In addition, the average transactional specialist salary at companies like MUFG EMEA and J.P. Morgan are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Apple | $103,058 | $49.55 |
| 2 | Morgan Stanley | $91,158 | $43.83 |
| 3 | MUFG EMEA | $83,809 | $40.29 |
| 4 | J.P. Morgan | $82,790 | $39.80 |
| 5 | Booz Allen Hamilton | $81,605 | $39.23 |
| 6 | Tolleson Wealth Management | $81,164 | $39.02 |
| 7 | Western & Southern Financial Group | $80,342 | $38.63 |
| 8 | Stifel Financial | $80,084 | $38.50 |
| 9 | Standard Bancshares, Inc | $73,060 | $35.13 |
| 10 | *n/a* | $70,400 | $33.85 |
| 11 | CB Richard Ellis Memphis LLC | $70,261 | $33.78 |
| 12 | Portland State University | $67,454 | $32.43 |
| 13 | Freddie Mac | $65,926 | $31.70 |
| 14 | CBRE Group | $60,312 | $29.00 |
| 15 | JPMorgan Chase & Co. | $55,976 | $26.91 |
| 16 | Empower Retirement | $54,584 | $26.24 |
| 17 | University of California-Berkeley | $53,513 | $25.73 |
| 18 | BGC Partners | $52,160 | $25.08 |
| 19 | INTRUST Bank | $50,517 | $24.29 |
| 20 | Robert Half | $50,112 | $24.09 |
Wage gap by gender, race and education
Transactional specialist salary trends
The average transactional specialist salary has risen by $9,394 over the last ten years. In 2014, the average transactional specialist earned $55,089 annually, but today, they earn $64,483 a year. That works out to a 11% change in pay for transactional specialists over the last decade.
Compare transactional specialist salaries for cities or states with the national average over time.
Average transactional specialist salary over time
Compare transactional specialist salaries for individual cities or states with the national average.
Transactional specialist salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $64,500 | $31.00 | +3.1% |
| 2025 | $62,500 | $30.03 | +2.8% |
| 2024 | $60,700 | $29.20 | +2.5% |
| 2023 | $59,200 | $28.46 | +1.8% |
| 2022 | $58,100 | $27.95 | +1.8% |
Recently added transactional specialist salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Ten Credit Union | Service Transaction Specialist | Goodlettsville, TN | 06/28/2025 | $35,479 |
| Haynes and Boone | Business Transaction Specialist | Denver, CO | 06/27/2025 | $75,000 |
| Colliers International | Real Estate Transaction Specialist | Oakland, CA | 06/24/2025 | $72,653 |
| Colliers International Valuation & Advisory Services | Real Estate Transaction Specialist | Oakland, CA | 06/24/2025 | $72,653 |
| Jpmorgan Chase | Transaction Specialist IV-Receivable Operations | Chicago, IL | 06/18/2025 | $51,653 |
| CBRE | Transaction Specialist | Denver, CO | 05/17/2025 | $55,000 |
| Jpmorgan Chase | Transactions Specialist I-Receivable Operations | Binghamton, NY | 05/16/2025 | $41,740 |
| Ten Credit Union | Service Transaction Specialist | Goodlettsville, TN | 05/16/2025 | $35,479 |
| The Tennessee Credit Union | Service Transaction Specialist | Goodlettsville, TN | 05/15/2025 | $35,479 |
| Cornerstone Partners LLC | Transaction Specialist (Investment Operations) | Charlottesville, VA | 04/28/2025 | $65,000 |
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