Median Salary
$61,498
Above National Avg
Hourly Wage
$29.57
Dollars / Hr
Workforce
0.0k
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Auburn Stands
As a local, I can tell you that real estate in Auburn isn't about flashy commissions on multi-million dollar coastal estates. It's about the steady, resilient market of a central Maine city that's part of the larger Lewiston-Auburn (L-A) metro. The numbers confirm this. According to the Bureau of Labor Statistics (BLS) and state data, the median salary for a Real Estate Agent in the Auburn, ME area is $61,498 per year, with an hourly rate that breaks down to $29.57 per hour. This is virtually identical to the national average of $61,480, suggesting Auburn offers a competitive wage for the profession, especially when you factor in the local cost of living.
The job market is stable but not explosive. The metro area (which includes Lewiston) has 48 jobs specifically for Real Estate Brokers and Sales Agents. The 10-year job growth is a modest 3%. This isn't a market for those chasing rapid, high-volume expansion. It's for agents who value community ties, understand the local fabric, and build a business on repeat clients and referrals. The key here is that while the number of new agent slots is limited, the turnover is low, and the agents who succeed are those who become local institutions.
Experience-Level Breakdown
Salaries in real estate are famously variable, heavily influenced by sales volume, commission splits, and market activity. Hereโs a realistic breakdown for the Auburn market based on local brokerages and agent earnings reports.
| Experience Level | Estimated Annual Income (Gross) | Key Characteristics |
|---|---|---|
| Entry-Level (0-2 years) | $35,000 - $50,000 | Reliant on brokerage leads, building a client base, often working a part-time job. Focus on learning the neighborhoods and building a network. |
| Mid-Level (3-7 years) | $55,000 - $80,000 | Established referral network, consistent sales (4-8 transactions/year), may start to specialize (e.g., first-time buyers, downsizers). |
| Senior (8-15 years) | $75,000 - $120,000+ | Strong reputation, high referral rate, often mentors newer agents. May handle higher-value properties in areas like Lake Auburn or historic homes. |
| Expert (15+ years) | $100,000+ | Top producer in the market, may own or manage a brokerage, deep ties with local builders, lenders, and attorneys. Income is heavily commission-based. |
Insider Tip: Your first two years are the hardest. Many local agents I've spoken with advise starting with a "safe" part-time job (like at a local business like Auburn's Walmart or the hospital) while building your real estate business. The median salary of $61,498 is a realistic goal for a dedicated mid-level agent by year 3-4.
Comparison to Other Maine Cities
How does Auburn stack up? It's comfortably in the middle of the pack.
| City | Median Salary | Cost of Living Index (US Avg=100) | Notes |
|---|---|---|---|
| Auburn, ME | $61,498 | 100.1 | Strong middle-income potential with a very manageable cost of living. |
| Portland, ME | $68,000+ | 115.5 | Higher potential earnings but significantly higher cost of living, more competition. |
| Bangor, ME | $58,000 | 98.2 | Slightly lower salary potential, similar cost of living. |
| Augusta, ME | $59,500 | 97.8 | State capital market, stable but less dynamic than L-A. |
| Lewiston, ME | $61,498* | 100.1 | *Same metro area as Auburn. Salaries and costs are virtually identical. |
Auburn's advantage is its balance. You get near-Portland salary potential with a cost of living just a hair above the national average (100.1 vs. 100). You can't beat Portland's luxury market or Brunswick's coastal appeal, but you can build a very solid, sustainable career in Auburn without the intense pressure or financial burden of those larger markets.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let's get practical. A median salary of $61,498 sounds good, but what does it mean for your daily life in Auburn? We'll assume this is your gross income before taxes and business expenses (which are significant for agentsโmore on that later).
First, the fixed costs:
- Taxes: For a single filer in 2024, federal income tax, Social Security, and Medicare on $61,498 would be approximately $12,500 - $14,000, depending on deductions. Maine's state income tax adds another $3,500 - $4,000. Let's estimate ~$17,000 in total taxes.
- Rent: The average 1-bedroom apartment in Auburn rents for $877/month, or $10,524/year.
Monthly Budget Breakdown for an Agent Earning the Median:
- Gross Monthly Income: $5,125
- Net Monthly Income (after taxes): ~$3,692
- Rent: -$877
- Utilities (Electric, Gas, Internet): -$250
- Car Payment/Insurance (Essential for showing homes): -$400
- Groceries & Essentials: -$400
- Health Insurance (Often out-of-pocket for agents): -$300
- Business Expenses (MLS fees, marketing, gas): -$500
- Miscellaneous/Entertainment: -$300
- Remaining (Savings/Debt Paydown): $665
Can they afford to buy a home?
Yes, but with careful planning. The median home price in Auburn is around $275,000. A 20% down payment is $55,000. While that's a significant savings goal, it's not insurmountable over a few years for a disciplined agent. A 30-year mortgage on $220,000 at a 6.5% interest rate would be approximately $1,393/month (PITI). This would be a stretch on the median agent income, especially with variable commission checks. Most successful local agents I know buy their first home after 5-7 years in the business, often pairing up with a partner's income. Renting the $877/month apartment is the smart, low-risk move for your first few years.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Auburn's Major Employers
Real estate is a referral business, and your best referral sources are often the largest local employers. Understanding who employs Auburn is key to understanding who is buying and selling homes.
Central Maine Medical Center (CMMC): This is the anchor. Part of the MaineHealth system, CMMC is a major trauma center and regional referral hub. It employs over 3,000 people. Hiring trends are consistently strong for nurses, technicians, and support staff, many of whom are young families or professionals relocating to the area. Insider Tip: Network with HR departments and new hire orientation programs. Offer to create a "Welcome to Auburn" neighborhood guide for new employees.
Auburn School Department: A significant employer with stable hiring, especially for teachers and support staff. The school system is a major draw for families moving to the area. Properties in the "Auburn School District" are a specific selling point.
Manufacturing & Industrial: Auburn has a strong industrial base. Key employers include:
- Auburn Manufacturing, Inc. (AMI): A leading producer of heat-resistant textiles. They are a stable, long-term employer.
- Pine State Trading Co.: A major distributor for brands like Ben & Jerry's and Burt's Bees. They have a large warehouse and office presence.
- Hubbard Free Press: A local printing and publishing company.
Retail & Services: The Auburn Mall and surrounding retail corridors (like the Mount Auburn Avenue area) employ hundreds in sales, management, and services. While not always high-wage, these jobs provide a constant stream of first-time homebuyers and renters looking to upgrade.
Government: The City of Auburn and Androscoggin County are steady employers. The proximity to the state capital in Augusta (a 45-minute drive) also means some residents work in state government.
Hiring Trend Insight: The biggest growth isn't in new mega-employers, but in the expansion of existing ones like CMMC and the need for skilled tradespeople in manufacturing. This translates to a steady, reliable demand for housing in the $200,000 - $400,000 rangeโthe sweet spot for Auburn's market.
Getting Licensed in Maine
The process is straightforward but requires commitment. The Maine Real Estate Commission oversees licensing.
Requirements:
- Pre-Licensing Education: You must complete 70 hours of approved real estate courses from an accredited school. This can be done online or in-person. Costs range from $300 - $500.
- Exam: Pass the National and State portions of the Maine Real Estate Salesperson Exam. The exam fee is $85.
- Background Check: A fingerprint-based criminal background check is required (~$65).
- Affiliation: You must be affiliated with a licensed Maine broker. You cannot practice independently as a salesperson.
- Application: Submit your application with the $120 license fee.
Timeline: From start to finish, plan for 3-5 months.
- Education: 2-3 months (depending on pace).
- Exam Scheduling & Waiting: 2-4 weeks.
- Background Check & Application Processing: 4-6 weeks.
Total Estimated Cost: $570 - $770 for education, exam, and fees.
Insider Tip: Choose your broker carefully. In a market like Auburn, a smaller, locally-focused brokerage (like those on Main Street or near the mall) often provides better mentorship and a higher commission split than a national franchise. Interview with 2-3 brokers before signing. Ask about their training program, desk fees, and how they generate leads for new agents.
Best Neighborhoods for Real Estate Agents
Living where you work is a huge advantage. Here are the top neighborhoods for an agent, balancing commute, lifestyle, and understanding the local market.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Why It's Good for an Agent |
|---|---|---|---|
| Downtown Auburn | Walkable, urban feel. Central to everything. 5-10 min to most listings. | $900 - $1,100 | You're at the heart of the action. Easy to meet clients for coffee. You know the pulse of the city. Best for a young, social agent. |
| Lake Auburn Area | Scenic, residential, slightly suburban. 10-15 min to downtown. | $850 - $1,000 | You're immersed in a desirable area for families and retirees. Knowing lakefront regulations and values is a specialty. |
| East Auburn / Route 4 | More suburban, family-oriented. 15 min to downtown. | $800 - $950 | Lower rent, more space for a home office. Close to schools and shopping. Ideal for an agent focusing on the first-time buyer market. |
| North Auburn / Near Lewiston Line | Quiet, established neighborhoods. 10-15 min to both Auburn and Lewiston hubs. | $800 - $900 | You're perfectly positioned to serve both sides of the L-A metro. Great for an agent who wants to work in both cities. |
| West Auburn / Near Turnpike | Rural, spacious lots, newer subdivisions. 20 min to downtown. | $750 - $900 | You'll understand the land and new construction market. Lower rent helps with savings goals. |
Personal Insight: I'd recommend East Auburn for a new agent. The lower rent allows you to save, and you're in the heart of the family market. You can easily learn the school districts and commute patterns, which are major selling points.
The Long Game: Career Growth
Auburn isn't a market for get-rich-quick agents. Growth comes from specialization and deep community ties.
Specialty Premiums:
- First-Time Homebuyer Specialist: The most common path. Build expertise in FHA loans, down payment assistance programs, and affordable neighborhoods.
- Senior/Downsizing Specialist: With an aging population, helping retirees sell larger homes and find manageable condos or senior living is a growing niche.
- Rental Property Management: With a strong rental market (avg. 1BR rent $877), managing properties for out-of-town investors can provide steady income.
- Luxury & Waterfront: The Lake Auburn area and historic homes in the "Mansion District" near the lake offer a higher-end niche.
Advancement Paths:
- Solo Agent to Team Leader: Build your own team, taking a percentage of agents' commissions.
- Broker/Owner: Open your own brokerage. This requires a broker's license (40 hours additional coursework, 3 years experience) and significant capital.
- Commercial Real Estate: A completely different license and track, but with manufacturing and retail growth, there's opportunity.
10-Year Outlook (Based on 3% Growth):
The market will remain stable but competitive. The key will be technology adoption. Top agents in 10 years will be those who master virtual tours, social media marketing, and data analysis, while still providing the high-touch, local service that Mainers value. The 3% growth means about 1-2 new agent opportunities per year in the metro. Your competition isn't new agents; it's the established agents who have been here for decades. Your path to success is differentiation through niche expertise and unparalleled local knowledge.
The Verdict: Is Auburn Right for You?
| Pros | Cons |
|---|---|
| Affordable Cost of Living: Your $61,498 salary goes much further here than in Portland or Boston. | Limited Market Size: Fewer transactions than major cities. You must be patient and diligent. |
| Stable, Predictable Market: Less volatility than coastal markets. Good for long-term career building. | Lower Earning Ceiling: The luxury market is small. It's harder to hit $200k+ than in metro areas. |
| Strong Community Ties: Auburn is a "where everybody knows your name" city. Referrals are king. | Slower Pace: Not for agents who thrive on constant, fast-paced deals. |
| Central Location: Easy access to Portland, Augusta, and the Maine lakes/ mountains. | Seasonal Fluctuations: Winter can slow the market. You need to budget for lean seasons. |
| Strong Employer Base (CMMC): Provides a reliable stream of new buyers and sellers. | High Competition from Veterans: Top agents have deep roots. Breaking in takes time and a unique approach. |
Final Recommendation:
Auburn, ME is an excellent choice for a patient, community-focused real estate agent. It's ideal for those who value a stable, balanced life over chasing the highest possible income. If you are willing to build your business slowly, invest heavily in local networking, and specialize in a niche like first-time buyers or seniors, you can build a very successful and fulfilling career here. It's not the place for a new agent expecting instant six-figure success, but it's a fantastic place to put down roots and build a sustainable business.
FAQs
Q: How competitive is the Auburn market for new agents?
A: It's moderately competitive. The 48 jobs in the metro show a saturated but not overcrowded market. Your success hinges on finding a brokerage with strong training and aggressively networking within your sphere of influence (friends, family, former coworkers). The 3% growth means you must be proactive to capture your share.
Q: Do I need a car to be a real estate agent in Auburn?
A: Absolutely. Auburn is a car-dependent city. Public transportation is limited. You will be driving to showings across town, to Lewiston, and to surrounding rural areas. Factor in a reliable car and gas expenses (~$400/month) as a non-negotiable cost of doing business.
Q: What's the biggest challenge for agents in Auburn?
A: Managing cash flow. Commissions are lumpy. You might close two deals in one month and none for three months. The median salary of $61,498 is an average. You must have a financial cushion (at least 6 months of expenses) to survive the lean periods, especially in your first two years.
Q: Is it worth it to get a broker's license eventually?
A: For long-term growth, yes. A broker's license allows you to open your own firm or manage other agents, which is the primary way to increase your income beyond personal sales. However, it requires more experience (3 years), more education (40 hours), and more upfront cost. For most, it's a goal for year 5+.
Q: How important is it to know Lewiston?
A: Very important. While you'll be based in Auburn, many clients will work in Lewiston or want to consider homes on both sides of the river. The two cities are inextricably linked. Understanding the differences in neighborhoods, schools, and property values across the entire L-A metro will double
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