Median Salary
$59,192
Vs National Avg
Hourly Wage
$28.46
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Real Estate Agents considering a move to Lawton, Oklahoma.
The Salary Picture: Where Lawton Stands
Let's cut straight to the numbers, because that's what your mortgage lender cares about. As a Real Estate Agent in Lawton, you're looking at a median salary of $59,192/year. On an hourly basis, that breaks down to roughly $28.46/hour. It's important to understand that this isn't a standard 9-to-5 salary with a guaranteed paycheck. This figure represents the median income for licensed agents in the metro area, which includes the ups and downs of commission-based income. It also places you slightly below the national average for the profession, which sits at $61,480/year. This isn't necessarily a negative; it's a direct reflection of Lawton's lower cost of living. The local market has a finite number of transactions, with approximately 180 real estate agent jobs in the metro area. This isn't a sprawling, high-volume market like Oklahoma City or Dallas. The 10-year job growth is projected at a modest 3%, indicating a stable but not rapidly expanding field. You'll need to carve out your niche and build a strong reputation to thrive.
Experience is the biggest differentiator in your earning potential. While the median sits at $59,192, your actual income will vary significantly based on your years in the business, your sales volume, and the types of properties you handle.
Experience-Level Breakdown
Hereโs a realistic look at what you can expect to earn as you progress in your career in the Lawton area:
| Experience Level | Estimated Annual Income Range | Key Factors in Lawton |
|---|---|---|
| Entry-Level (0-2 years) | $35,000 - $48,000 | Building a client base, learning the local inventory, starting with smaller residential sales. Focus on rentals and first-time buyers. |
| Mid-Level (3-7 years) | $55,000 - $75,000 | Established reputation, repeat clients, consistent sales volume. Likely handling a mix of residential and some land sales. |
| Senior-Level (8-15 years) | $70,000 - $95,000+ | Deep market knowledge, specialized niches (e.g., military housing near Fort Sill), mentoring newer agents, handling higher-value properties. |
| Expert/Top Producer (15+ years) | $95,000+ | Dominant market share in specific neighborhoods, referral-based business, may manage a small team, handles commercial and high-end residential. |
How Lawton Compares to Other OK Cities
When you look at the state, Lawton's salary is competitive for its size and cost of living. Hereโs how it stacks up against other major Oklahoma hubs:
| City | Median Salary | Cost of Living Index (US Avg=100) | Key Market Driver |
|---|---|---|---|
| Lawton | $59,192 | 87.6 | Fort Sill, diversified economy |
| Oklahoma City | $62,400 | 92.8 | State capital, corporate HQs, rapid growth |
| Tulsa | $60,800 | 90.1 | Energy sector, manufacturing, cultural hub |
| Norman | $58,500 | 93.5 | University of Oklahoma, tech corridor |
As you can see, Lawton's salary is right in the mix with Tulsa and Norman, and it's not far behind OKC. The critical advantage is the Cost of Living Index of 87.6, meaning your dollar goes further here than in most other major Oklahoma cities. While OKC agents might earn more, their housing and daily expenses are also higher, often negating the salary advantage.
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
Earning $59,192 a year sounds decent, but what does that mean for your monthly budget in Lawton? Let's break it down. First, a crucial caveat for real estate agents: you are a business owner. Your take-home pay isn't just salary minus taxes. You must also cover your business expenses (MLS fees, board dues, marketing, gas, brokerage splits), which can easily eat up 20-30% of your gross commission. For this budget, we'll assume a conservative 75% retention rate after business expenses and taxes.
- Gross Annual Income: $59,192
- After Business Expenses (25%): $44,394
- Estimated Federal & State Taxes (20%): $35,515
- Net Monthly Take-Home: ~$2,960
Now, let's apply this to local rent. The average 1-bedroom apartment in Lawton rents for $717/month. This is a significant advantage for a new agent or someone building savings.
Monthly Budget Breakdown for a Real Estate Agent
Hereโs a practical monthly budget based on a net take-home of $2,960:
| Expense Category | Estimated Monthly Cost | Notes & Local Context |
|---|---|---|
| Rent (1BR) | $717 | You can find quality 1BRs in older buildings or just outside the core for less. Newer complexes on the west side will be closer to $850. |
| Utilities (Electric, Gas, Water) | $150 - $200 | Summers are hot (AC costs), winters are mild but heating is needed. |
| Groceries (Single) | $250 - $300 | Compare to Walmart, Aldi, and Homeland. Local farmers' markets can help with fresh produce. |
| Car Payment/Insurance | $400 - $500 | Essential in Lawton, where public transit is limited. A reliable car is non-negotiable for showings. |
| Gas/Mileage (Business) | $150 - $200 | You will drive a lot. Factor in the I-44 corridor, trips to Fort Sill, and rural land listings. |
| Health Insurance | $200 - $300 | Purchased on the marketplace, as most brokerages don't offer group plans. |
| Misc. & Personal | $300 - $400 | Cell phone, internet, entertainment, personal care. |
| Savings/Investment | $200 - $400 | Crucial for agents to build an emergency fund for slow markets. |
| TOTAL | $2,367 - $2,817 | This leaves a tight but manageable margin. |
Can They Afford to Buy a Home?
Yes, but with caveats. With a net take-home of ~$2,960, a standard 30-year mortgage for a $150,000 home (a very typical starter home in Lawton) would have a principal and interest payment of around $750-$800 (depending on rate), plus taxes and insurance (~$300). You're looking at roughly $1,050/month. This is higher than the $717 average rent, but still feasible if you have a steady income stream. The bigger challenge for agents is income documentation. Lenders require two years of consistent tax returns to verify income, which can be tricky for commission-based earnings. As a new agent, renting for the first 1-2 years is a wise financial move to build savings and establish a reliable income history.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Lawton's Major Employers
While you work for yourself, your income is directly tied to the health of the local economy. Who is buying and selling homes? Lawton's economy is more diversified than many assume, anchored by a few key sectors.
Fort Sill: This is the economic engine of the region. With over 15,000 military personnel and civilian employees, it creates a constant, churn-based housing market. Soldiers are frequently PCS'd (Permanent Change of Station), creating a steady stream of rentals and home purchases. Insider Tip: Specializing in the military market is a lucrative niche. Understand VA loans, the specific neighborhoods near the base (like the older homes on the north side or newer developments in Medicine Park), and the timeline pressures military families face.
Comanche County Memorial Hospital (CCMH): As the area's largest healthcare provider, CCMH employs hundreds of nurses, technicians, and administrators. Healthcare workers have stable incomes and often look for homes in the quieter, established neighborhoods nearby, like the Golf Course area.
Cameron University: A regional university with over 5,000 students. While students drive the rental market, the faculty and staff are a key demographic for home buyers. They often seek homes close to campus or in walkable neighborhoods with character.
Local Government & Schools: Lawton Public Schools, the City of Lawton, and Comanche County are major employers. These are stable, unionized jobs with good benefits, making employees reliable buyers and sellers. School district boundaries are a critical factor for many families here.
Manufacturing & Energy: While not as dominant as in the past, companies like Goodyear and various machine shops provide stable blue-collar jobs. The oil and gas industry has a presence, though it's more active in the surrounding rural areas. These workers often look for affordable single-family homes in the south and east parts of the city.
Hiring Trends: The job market in Lawton is stable, not booming. The 3% growth in real estate jobs reflects this. You won't see mass hiring at brokerages. Instead, successful agents either work solo or in small, boutique teams. The key is not to "get a job" but to "build a business" by aligning with a brokerage that offers good training and mentorship for new agents.
Getting Licensed in Oklahoma
Becoming a licensed real estate agent in Oklahoma is a regulated process. You can't just start selling houses. Hereโs the step-by-step, no-nonsense guide.
- Meet Basic Requirements: You must be at least 18 years old, have a high school diploma or GED, and be a U.S. citizen or legal resident.
- Complete Pre-Licensing Education: The state requires a 90-hour pre-licensing course from an approved school. This covers real estate principles, contracts, and Oklahoma law. You can take these online or in person. Cost: $300 - $500.
- Pass the State Exam: After completing your course, you'll register for the Oklahoma Real Estate Exam through the testing provider (Pearson VUE). The exam has a national and state portion. The pass rate is challenging; study hard. Cost: $60.
- Apply for Your License: Once you pass, you'll submit your application to the Oklahoma Real Estate Commission (OREC). This includes a background check and fingerprinting. Cost for application and background check: ~$150.
- Find a Sponsoring Broker: You cannot practice until you are affiliated with a licensed Oklahoma broker. This is a critical partnership. Interview multiple brokerages in Lawton to find the right fit for your personality and goals. Look for mentorship, commission splits, and office culture.
Total Estimated Cost to Get Licensed: $510 - $710 (excluding course study materials).
Timeline: From starting your course to actively selling homes, you're looking at 3-6 months. This includes study time, scheduling exams, and finding a brokerage. The biggest variable is how quickly you find the right broker.
Best Neighborhoods for Real Estate Agents
Where you live affects your commute, your lifestyle, and your network. As an agent, you also need to consider how easy it is to get to key areas like Fort Sill, downtown, or the interstate.
Central/North Lawton (The Golf Course Area): This is one of the most established and desirable areas, featuring older, larger homes with character. It's centrally located, making commutes to most parts of the city easy. You'll find a mix of owners and some rentals. Rent Estimate: A 2-3 bedroom house here rents for $900 - $1,200/month. Great for agents who want to live in a classic neighborhood and showcase the city's history.
Southwest Lawton (Newer Developments): This is where the newer, more expensive subdivisions are. The homes are bigger, the yards are smaller, and the neighbors are often young families or professionals. Commutes to the interstate (I-44) are quick. Rent Estimate: A 2BR apartment or townhome is $800 - $1,000/month. Ideal for agents who prefer a modern lifestyle and want to be near the city's growth corridors.
East Lawton (Quiet & Affordable): This area offers more affordable housing, both for rent and purchase. It's generally quieter, with more space between houses. It's a good commute to Fort Sill via Highway 7. The clientele here is often first-time buyers and military families looking for value. Rent Estimate: You can find a solid 2-3 bedroom house for $750 - $950/month. Perfect for an agent on a budget who wants to focus on the entry-level market.
Medicine Park: While not technically in Lawton, this tiny, historic cobblestone town is just 15 minutes west and is a popular weekend destination and residential community. It has a unique, small-town feel with slightly higher property values. Rent Estimate: Very limited rental stock; expect $1,000+ for a small cottage. Consider this if you want a lifestyle-driven choice and can attract clients from the Lawton metro.
The Long Game: Career Growth
Stagnation is a risk in Lawton's modest market. To grow beyond the $59,192 median, you must specialize and add value.
- Specialty Premiums: The most viable specialization in Lawton is Military Relocation Professional (MRP). With Fort Sill, this niche is always in demand. Another is land sales, as the surrounding rural areas (Medicine Park, Cache, Fletcher) have buyers looking for acreage and ranchettes. These specialties can command higher fees and more consistent referrals.
- Advancement Paths: The primary path is to increase your sales volume. This is achieved through systems, marketing, and client service. Another path is to obtain your broker's license after 2-3 years of experience, which allows you to manage other agents and earn overrides. Some top agents in Lawton eventually open their own boutique brokerage.
- 10-Year Outlook: The 3% job growth suggests a stable but slow market. The key driver will be the health of Fort Sill. If the base remains vital, the real estate market will remain steady. Technological adoption (virtual tours, digital marketing) will become more important. Agents who can blend high-tech tools with low-tech, personal relationships will thrive. The long-term opportunity is in becoming the go-to expert for a specific property type or neighborhood, building a brand that outlasts market fluctuations.
The Verdict: Is Lawton Right for You?
Lawton isn't for everyone. It's a specific market with clear advantages and challenges for real estate agents.
| Pros | Cons |
|---|---|
| Low Cost of Living (87.6 index) allows you to build savings faster on a $59,192 salary. | Modest market size (180 agents) means fierce competition for a limited number of transactions. |
| Stable Military Market (Fort Sill) provides a consistent, if not booming, stream of clients. | Low 3% job growth indicates limited upward mobility and a need for aggressive business development. |
| Affordable Housing ($717 avg. rent) lowers the barrier to entry for new agents. | Lower Median Salary ($59,192) than national average ($61,480) requires careful budgeting. |
| Central Location within Oklahoma, with easy access to OKC and Texas. | Car-Dependent City requires significant investment in a reliable vehicle and gas money. |
| Strong Community Feel and networking opportunities in a smaller metro area. | Economic Ties to a Single Base (Fort Sill) can mean volatility if military brass changes. |
Final Recommendation: Lawton is an excellent choice for a real estate agent who values stability, affordability, and community. It's ideal if you have a military background or connections, or if you're a new agent looking for a manageable market to cut your teeth in. The low cost of living gives you a financial runway that is hard to find elsewhere. However, if your goal is to become a top-earning agent in a high-growth, high-volume market within a few years, Lawton will require more hustle and patience than a larger city. Your success here will be built on deep local knowledge and personal relationships, not on market frenzy.
FAQs
1. Do I need a car to be a real estate agent in Lawton?
Absolutely. Lawton is a sprawling, car-dependent city. Public transportation is minimal, and showing properties, especially in outlying areas like Medicine Park or Fort Sill, requires a reliable vehicle. You will also need to budget for gas and maintenance.
2. How does Fort Sill specifically impact the housing market?
Fort Sill creates a constant churn. Soldiers arrive and leave every 12-24 months, leading to a robust rental market and a steady stream of home buyers and sellers. This makes the market more predictable than in a purely civilian city. Understanding VA loans and the PCS timeline is a major advantage.
3. Is the real estate market in Lawton saturated?
With 180 agents in a metro of 90,000, it's competitive but not saturated. There's room for new agents who provide excellent service, specialize (e.g., military, first-time buyers), and build a strong local network.
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