15 Cities With the Most Female Real Estate Agents

Editor’s Notice: This story initially appeared on Construction Coverage.

The residential actual property gross sales career is dominated by girls. In accordance with the Nationwide Affiliation of Realtors, women have been involved within the U.S. actual property trade since its earliest days. Beginning within the late 1800s, girls started to maneuver out of administrative roles and into agent and dealer roles, though at a sluggish charge. Now almost a century and a half later, girls account for 56% of all actual property brokers in accordance with the latest information from the U.S. Census Bureau.

Whereas girls make up nearly all of actual property brokers, they’re much extra prone to work half time than males. Amongst feminine actual property brokers, 43% work half time. Male part-time actual property brokers account for a a lot decrease share, at simply 27%. Actual property brokers are paid on a fee foundation (not salaried) and have versatile schedules, making the true property gross sales career way more accommodating to part-time schedules than many different jobs.

As a result of the true property career affords excessive earnings potential, versatile schedules for households, and a low barrier to entry, it attracts numerous girls who’re on the lookout for a profession change, a second job, or coming again to the workforce after a profession break. Actual property brokers can typically do a lot of their make money working from home and set their very own hours, which is particularly interesting to girls with younger youngsters.

Main U.S. Metros With the Most Feminine Actual Property Brokers

In all however 10 states, girls make up nearly all of actual property brokers. Rhode Island claims the best share of feminine actual property brokers, with girls accounting for 89% of whole. At 82%, New Mexico additionally has a excessive share of feminine brokers. Conversely, South Dakota and Mississippi have the bottom shares of ladies in actual property, at simply 42.8% and 34.4%, respectively.

To seek out the metropolitan areas with essentially the most feminine actual property brokers, researchers at Building Protection analyzed information from the U.S. Census Bureau, the U.S. Bureau of Labor Statistics, and Zillow. The researchers ranked metros in accordance with the proportion of actual property brokers which can be girls. Researchers calculated the median annual earnings for actual property brokers, the focus of actual property brokers in comparison with the nationwide share, and median residence value. Solely massive metros with populations of 1 million or extra had been included within the evaluation.

15. Portland-Vancouver-Hillsboro, OR-WA

• Share of actual property brokers which can be feminine: 60.7%
• Median earnings for actual property brokers: $46,910
• Focus of actual property brokers (in comparison with common): +22%
• Median residence value: $558,513

14. Milwaukee-Waukesha-West Allis, WI

• Share of actual property brokers which can be feminine: 61.3%
• Median earnings for actual property brokers: $39,710
• Focus of actual property brokers (in comparison with common): -2%
• Median residence value: $257,144

13. San Antonio-New Braunfels, TX

• Share of actual property brokers which can be feminine: 62.4%
• Median earnings for actual property brokers: $36,750
• Focus of actual property brokers (in comparison with common): +13%
• Median residence value: $315,208

12. Richmond, VA

• Share of actual property brokers which can be feminine: 62.6%
• Median earnings for actual property brokers: $59,770
• Focus of actual property brokers (in comparison with common): +56%
• Median residence value: $313,876

11. Cincinnati, OH-KY-IN

• Share of actual property brokers which can be feminine: 63.1%
• Median earnings for actual property brokers: $38,340
• Focus of actual property brokers (in comparison with common): -10%
• Median residence value: $246,825

10. Tucson, AZ

• Share of actual property brokers which can be feminine: 63.2%
• Median earnings for actual property brokers: $34,850
• Focus of actual property brokers (in comparison with common): +13%
• Median residence value: $321,613

9. Raleigh, NC

• Share of actual property brokers which can be feminine: 63.7%
• Median earnings for actual property brokers: $38,530
• Focus of actual property brokers (in comparison with common): -13%
• Median residence value: $420,228

8. Las Vegas-Henderson-Paradise, NV

• Share of actual property brokers which can be feminine: 65.3%
• Median earnings for actual property brokers: $46,640
• Focus of actual property brokers (in comparison with common): -7%
• Median residence value: $416,647

7. Windfall-Warwick, RI-MA

• Share of actual property brokers which can be feminine: 65.4%
• Median earnings for actual property brokers: $48,050
• Focus of actual property brokers (in comparison with common): -39%
• Median residence value: $426,226

6. New Orleans-Metairie, LA

• Share of actual property brokers which can be feminine: 67.5%
• Median earnings for actual property brokers: $38,250
• Focus of actual property brokers (in comparison with common): Common
• Median residence value: $258,775

5. Oklahoma Metropolis, OK

• Share of actual property brokers which can be feminine: 69.3%
• Median earnings for actual property brokers: $38,350
• Focus of actual property brokers (in comparison with common): +71%
• Median residence value: $204,073

4. Columbus, OH

• Share of actual property brokers which can be feminine: 69.7%
• Median earnings for actual property brokers: $36,910
• Focus of actual property brokers (in comparison with common): +44%
• Median residence value: $279,883

3. Louisville/Jefferson County, KY-IN

• Share of actual property brokers which can be feminine: 69.8%
• Median earnings for actual property brokers: $44,960
• Focus of actual property brokers (in comparison with common): -42%
• Median residence value: $230,178

2. Greenville-Anderson-Mauldin, SC

• Share of actual property brokers which can be feminine: 70.5%
• Median earnings for actual property brokers: $38,270
• Focus of actual property brokers (in comparison with common): +80%
• Median residence value: $277,257

1. Rochester, NY

• Share of actual property brokers which can be feminine: 81.5%
• Median earnings for actual property brokers: $64,800
• Focus of actual property brokers (in comparison with common): -72%
• Median residence value: $203,384

Detailed Findings & Methodology

To seek out the metropolitan areas with essentially the most feminine actual property brokers, researchers at Building Protection analyzed information from the U.S. Census Bureau’s 2020 American Community Survey Public Use Microdata Sample (ACS PUMS), the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), and Zillow’s most up-to-date Zillow Home Value Index (ZHVI), a measure of typical residence worth.

Utilizing the ACS PUMS information, the researchers ranked metros in accordance with the proportion of actual property brokers which can be feminine. Within the occasion of a tie, the metro with the bigger variety of feminine actual property brokers was ranked larger. Researchers calculated the median annual earnings for actual property brokers and the focus of actual property brokers in comparison with the nationwide share utilizing the OEWS information. Median residence value was calculated from Zillow’s ZHVI. The Census Bureau information contains each actual property gross sales brokers and brokers whereas the BLS information is just for actual property gross sales brokers. Solely massive metros with populations of 1 million or extra had been included within the evaluation.

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