Median Salary
$62,494
Above National Avg
Hourly Wage
$30.05
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Buckeye Stands
Buckeye, Arizona, is a city in full sprint. Once a sprawling exurb, it's now a magnet for families and professionals priced out of Phoenix and Scottsdale. For real estate agents, this creates a dynamic market: high volume, diverse price points, and fierce competition. But is it a financially viable career? Let's start with the numbers.
According to the latest available data from the Bureau of Labor Statistics (BLS) and aggregated market reports, the median salary for a real estate agent in Buckeye is $62,494 per year. This translates to an hourly rate of $30.05, assuming a standard 40-hour workweek. It's crucial to understand that this is a median figure—half of all agents earn more, and half earn less. The national average for real estate agents sits at $61,480 per year, meaning Buckeye agents perform right on par with the country, a strong sign for a mid-sized market.
However, salary in this profession is heavily tied to experience and specialization. The market is segmented, and your earnings will reflect your niche. Here’s a realistic breakdown of what you can expect to earn based on your career stage in the Buckeye area:
| Experience Level | Typical Yearly Earnings | What It Looks Like in Buckeye |
| :--- | :--- | :--- | :--- |
| Entry-Level (0-2 years) | $40,000 - $55,000 | You're building your book. Expect to work with first-time homebuyers in growing neighborhoods like Citrus Park or Westwing Mountain. Commission checks are smaller but frequent as you learn the market. |
| Mid-Level (3-7 years) | $60,000 - $80,000 | You have a solid referral network and can handle transactions from $300k to $600k. You might specialize in a specific area (e.g., North Buckeye) or buyer type (veterans using VA loans). |
| Senior Level (8-15 years) | $85,000 - $110,000+ | You're a known entity. You handle luxury listings in Verrado's master-planned community or new construction in the White Tank Mountains foothills. Your income is driven by high-dollar sales and repeat clients. |
| Expert/Specialist (15+ years) | $120,000+ | This is the top tier. These agents are often team leads, broker-owners, or specialists in commercial property, land sales for development, or high-end estate properties in areas like the Waddell area. |
Compared to other Arizona cities, Buckeye offers a unique value proposition. While Phoenix and Scottsdale agents might have access to a higher volume of multimillion-dollar sales, they also face sky-high cost of living and advertising costs. In Tucson, the median salary is slightly lower, around $58,000, with a slower market pace. Flagstaff's market is niche and seasonal. Buckeye provides a "Goldilocks" scenario: a high-growth market with a cost of living that, while rising, is still more manageable than the state's major metros. The key is that jobs in the metro area are listed at 217, indicating a steady, competitive, but not oversaturated job market for licensed professionals.
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Real purchasing power breakdown
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The Real Take-Home: After Taxes and Rent
Let's get practical. A median salary of $62,494 sounds solid, but what does it mean for your monthly budget? Real estate agents are typically 1099 independent contractors, meaning you pay both the employer and employee portions of Social Security and Medicare (about 15.3% total), plus federal and state income taxes. After taxes, your take-home pay will be roughly $4,000 - $4,500 per month, depending on your deductions and filing status.
Now, let's layer in the cost of living. The Cost of Living Index in Buckeye is 105.5 (US avg = 100), meaning it's about 5.5% more expensive than the national average, primarily driven by housing costs. The average rent for a 1-bedroom apartment is $1,424/month. This is a critical number.
Here’s a sample monthly budget for a single real estate agent earning the median salary:
- Gross Monthly Income: $5,207
- Estimated Taxes & Deductions (30%): -$1,562
- Net Monthly Take-Home: ~$3,645
- Rent (1BR Average): -$1,424
- Utilities & Internet: -$200
- Car Payment & Insurance (Essential in AZ): -$450
- Groceries & Essentials: -$400
- Professional Expenses (MLS, E&O Insurance, ads): -$250
- Discretionary/Leftover: $921
This leaves about $921 for savings, entertainment, and unexpected costs. It's manageable but tight, especially in the first few years.
Can you afford to buy a home? It's a common goal for agents. The median home price in Buckeye is approximately $425,000. With a 10% down payment ($42,500), a 30-year mortgage at 6.5% interest would have a monthly payment of around $2,400 (including taxes and insurance). On a take-home pay of $3,645, that's 66% of your income—a severe strain. Most financial advisors recommend a housing payment be no more than 30% of your gross income (~$1,560). To comfortably buy, you'd need to be in the mid-level or senior income bracket ($80k+), have a substantial down payment, or partner with a dual-income household. It's possible, but not on a median agent salary alone in your first few years.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Buckeye's Major Employers
For real estate agents, "jobs" come from the underlying economic health of the community. A strong local economy means more residents, more relocations, and more transactions. Buckeye's growth is fueled by a mix of logistics, healthcare, education, and aerospace.
Amazon Fulfillment Center (Buckeye 1 & 2): This is the economic engine of the city. These massive facilities employ thousands in logistics, management, and support roles. They create a constant churn of employees relocating for work, driving demand for both rentals and starter homes. Hiring trends here are stable, with a focus on warehouse and tech roles.
Banner Health: Banner has a significant presence in the West Valley, including a new hospital in nearby Surprise and numerous clinics. As Buckeye's population ages (median age ~36), demand for healthcare services—and the professionals who staff them—grows. This attracts stable, middle-class families looking for homes near work.
Aerospace & Defense Corridor: While not in Buckeye proper, the "West Valley Aerospace Corridor" in nearby Goodyear (home of Lockheed Martin and Northrop Grumman facilities) is a major draw. These high-paying engineering and tech jobs fuel demand for housing in Buckeye, which offers more space and value than cities closer to the bases.
Buckeye Union School District & Local Charter Schools: A growing city needs schools. The Buckeye Union School District is one of the fastest-growing in the state, constantly hiring teachers, administrators, and support staff. These educators are often first-time homebuyers, a key demographic for new agents.
Verrado Master-Planned Community: This isn't a single employer but a massive economic driver. Developed by DMB Associates, Verrado is a self-contained town with its own main street, golf courses, and commercial centers. It attracts retirees and empty-nesters from the Midwest and California. The constant development and sales within Verrado create a consistent pipeline of real estate transactions.
Local Government & Construction: The City of Buckeye itself is a major employer, with roles in planning, public works, and administration. More importantly, the sheer volume of new home construction—builders like D.R. Horton, Lennar, and Taylor Morrison are active here—creates opportunities for agents who specialize in new construction sales.
Insider Tip: The most successful agents in Buckeye don't just sell homes; they embed themselves in these employment hubs. They sponsor local youth sports teams, host open houses near these employers, and build relationships with HR departments for relocation services.
Getting Licensed in AZ
Arizona makes it straightforward to get licensed, but it requires dedication. The process is governed by the Arizona Department of Real Estate (ADRE).
Step-by-Step Requirements:
- Pre-Licensing Education: You must complete 90 hours of approved real estate education from an accredited school. This covers real estate principles, law, and ethics. Many schools offer this online (e.g., The CE Shop, Kaplan) or in-person in Phoenix.
- Fingerprinting & Background Check: You must submit fingerprints for a state and federal background check through an ADRE-approved vendor.
- Examination: Pass the Arizona Real Estate Exam, administered by Pearson VUE. It consists of a national section (80 questions) and a state-specific section (30 questions). You need a score of 70% on each.
- Application & Fees: Submit your license application (Form RE 03) along with the required fees. As of 2023, the total cost is approximately $200-$300, broken down into application, examination, and license fees.
- Sponsorship: You must be affiliated with a licensed Arizona broker. Finding the right broker is critical—look for one who offers mentorship, fair commission splits, and office support.
Timeline to Get Started:
- Pre-Licensing (Self-Paced): 2-3 months of dedicated study.
- Exam Scheduling: 1-2 weeks after completing education.
- Application Processing: ADRE can take 4-6 weeks to process a complete application.
- Total Time: Expect 3 to 5 months from start to holding your license. You can work as an assistant or in a real estate-adjacent role while you study.
Insider Tip: Don't just pick the cheapest school. A quality course with practice exams will dramatically increase your pass rate on the first try. Also, start networking with brokers before you pass your exam. Many will offer interview slots to promising candidates who are already enrolled in pre-licensing.
Best Neighborhoods for Real Estate Agents
Your zip code matters almost as much as your license. Your commute, client base, and lifestyle are determined by where you live. Here are four distinct Buckeye neighborhoods, tailored for agents.
| Neighborhood | Vibe & Commute | Typical Apartment 1BR Rent | Why It's Good for Agents |
|---|---|---|---|
| Verrado | Upscale, resort-like. 45-60 min commute to downtown Phoenix via I-10. Walkable Main Street. | $1,600 - $1,900 | The Luxury Niche. Living here puts you at the epicenter of high-end sales. You can walk to listings, network at golf clubs, and target affluent retirees and empty-nesters. It's prime for branding as a specialist. |
| Citrus Park / Sun Valley | Family-oriented, suburban. 30-40 min commute to Phoenix. More affordable, newer homes. | $1,350 - $1,550 | The Volume Play. This is where young families and first-time buyers are landing. As an agent, you're in the heartbeat of the busiest market segment. You can easily host open houses and build a referral network from soccer fields and PTA meetings. |
| Westwing Mountain / Perrin Ranch | Quiet, desert foothills. 40-50 min commute. Scenic, larger lots, some new construction. | $1,450 - $1,700 | The Lifestyle Niche. This area attracts buyers seeking space and views. Agents here often specialize in land sales, custom builds, or working with buyers in the $500k-$750k range. It's a bit more exclusive but with steady demand. |
| Downtown Buckeye | Historic, walkable, evolving. 35-45 min commute. Quirky restaurants, older bungalows. | $1,200 - $1,400 | The Urban Pioneer. This is for the agent who loves character and investment opportunities. The downtown revitalization is creating opportunities for flipping and rental properties. It's a great place to meet local business owners who can become clients. |
Insider Tip: If you're new, Citrus Park offers the best balance of affordability and market activity. You'll be surrounded by people at a similar life stage, making it easier to build your first sphere of influence. If you have experience and capital, Verrado is where the higher commissions are, but the competition is fierce.
The Long Game: Career Growth
A real estate career in Buckeye isn't a sprint; it's a marathon with strategic detours. The 10-year job growth is projected at 3%, which is modest but stable, indicating a mature market rather than a volatile boom.
Specialty Premiums (How to Earn More):
- New Construction Specialist: Work directly with builders. This often means guaranteed volume but lower per-transaction commission. You become an expert in builder contracts and incentives.
- Relocation Specialist: Focus on corporate transferees, especially from the aerospace corridor. This requires building relationships with HR departments and relocation companies. It's a lucrative, repeat-business niche.
- Luxury Market (Verrado): Selling $750k+ homes requires higher marketing budgets and a polished brand, but the commissions are significantly larger. You'll need a deep understanding of high-end amenities and financing.
- Investment Property Specialist: With Buckeye's growth, investors are buying rental properties. This niche requires knowledge of cap rates, property management, and 1031 exchanges.
Advancement Paths:
- Solo Agent to Team Lead: After building a strong business, you can hire a buyer's agent, a transaction coordinator, and an assistant, scaling your income beyond what one person can handle.
- Brokerage Leadership: Move from a salesperson to an associate broker, and eventually a managing broker. This path involves more administrative and mentoring duties but offers a piece of every transaction in the office.
- Broker-Owner: The ultimate goal for many. Starting your own boutique brokerage in Buckeye allows you to set your own culture, splits, and direction. It's a business ownership challenge, not just a sales job.
10-Year Outlook: Buckeye is projected to continue its growth trajectory, potentially doubling in population over the next decade. The expansion of the Loop 202 South Mountain Freeway will further connect it to the Phoenix metro, making commutes easier and attracting more residents. Agents who adapt to technology (virtual tours, digital marketing) and specialize in a growing niche will thrive. The key will be building a brand based on deep local knowledge and client service, not just transactional volume.
The Verdict: Is Buckeye Right for You?
Buckeye is not for every real estate agent. It requires patience, a willingness to drive, and a strategic mindset. The table below summarizes the core trade-offs.
| Pros | Cons |
|---|---|
| High Growth Market: A steady pipeline of new residents and homes for sale. | Competitive Landscape: Many agents chase the same clients; standing out is hard. |
| Manageable Cost of Living: More affordable than Phoenix/Scottsdale, allowing for better margins. | Long Commutes: You will spend significant time in your car, especially to Phoenix. |
| Diverse Client Base: From first-time buyers to retirees, there's a niche for everyone. | Volatile Income: Especially in the first 2-3 years; savings are essential. |
| Room to Specialize: Less saturated than major metros in specific luxury or niche markets. | Limited High-End Inventory (vs. Scottsdale): Fewer multimillion-dollar sales. |
| Strong Local Economy: Diversified employers provide stability against market dips. | New Agent Hurdles: Building a sphere of influence from scratch in a new city takes time. |
Final Recommendation:
Buckeye is an excellent choice for hustlers, specialists, and those looking for a long-term play. If you are a newer agent ready to grind, the volume in family-oriented neighborhoods is a solid foundation. If you are an experienced agent looking to pivot to a high-growth market with less saturation than Phoenix, Buckeye offers a unique opportunity, particularly in new construction or luxury niches.
It is not recommended for agents seeking instant high earnings or those unwilling to commute. Your success will be directly tied to your work ethic, ability to network, and strategic choice of specialty. If you're prepared to invest 3-5 years to build a reputation in a booming community, Buckeye can be a highly rewarding home for your career.
FAQs
Q: Do I need a car to be a real estate agent in Buckeye?
A: Absolutely. Buckeye is a car-dependent city. You will drive to showings, client meetings, open houses, and your brokerage office. A reliable vehicle with good gas mileage is a non-negotiable business expense.
Q: What's the commission structure like?
A: As an independent contractor, you typically split the gross commission with your broker. Splits range from 50/50 for new agents to 80/20 or 90/10 for top producers. Some brokerages charge desk fees or monthly fees instead of a split. Always calculate your net income after these splits and fees.
Q: Is the market in Buckeye still growing?
A: Yes, but it's moderating. After the post-20
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