Median Salary
$59,838
Vs National Avg
Hourly Wage
$28.77
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Metairie CDP Stands
If you're eyeing Metairie as a real estate agent, you need to understand the local earnings landscape. The data tells a clear story: this is a market where you can build a solid, middle-class career, but you won't be getting rich overnight. The median salary for a Real Estate Agent in Metairie CDP is $59,838/year, which breaks down to an hourly rate of $28.77/hour. This is slightly below the national average of $61,480/year, a common reality in many secondary markets compared to high-cost coastal cities. The local job market is stable, with 273 jobs currently listed in the metro area and a modest 10-year job growth of 3%.
Hereโs how earnings typically break down by experience level in the Metairie market:
| Experience Level | Typical Annual Income Range | Key Factors in Metairie |
|---|---|---|
| Entry-Level (0-2 years) | $35,000 - $50,000 | Reliant on broker splits, higher marketing costs, building a client base from scratch. |
| Mid-Career (3-7 years) | $55,000 - $75,000 | Established referral network, repeat clients, increased transaction volume. |
| Senior Agent (8-15 years) | $70,000 - $100,000+ | Strong brand recognition, niche specialization (e.g., luxury, historic), team leadership. |
| Expert/Top Producer (15+ years) | $100,000+ | Dominant market share, multiple revenue streams (e.g., training, commercial), high-profile listings. |
Insider Tip: Your income in Metairie is directly tied to your hustle and your network. Unlike some markets heavily influenced by tech stock wealth, this is a traditional, relationship-driven market. Success here means knowing the nuances of every subdivision, the flood zones, and which local lenders can close quickly.
How Metairie Compares to Other Louisiana Cities:
Metairie sits comfortably in the middle of the pack for Louisiana real estate income. It's a stable, suburban market compared to the volatility of New Orleans' historic districts or the rapid growth of Baton Rouge. You'll find less competition from national mega-brokers than in New Orleans, but the price points are generally lower, which can impact your commission checks. The trade-off is a lower cost of living, which we'll break down next.
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 down to the numbers that matter. With a median salary of $59,838, your monthly take-home pay after taxes (estimating a 25% effective tax rate) is roughly $3,740/month.
Hereโs a sample monthly budget for a Real Estate Agent living in Metairie:
| Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay | $3,740 | After federal, state, and FICA taxes. |
| Average 1BR Rent | $865 | Slightly below the national average. |
| Utilities & Internet | $180 | Includes electricity (high in summer), water, internet. |
| Car Payment/Insurance | $450 | Essential in Metairie; public transit is limited. |
| Groceries & Dining | $400 | New Orleans metro influence on food costs. |
| Professional Expenses | $300 | MLS fees, marketing, gas, E&O insurance. |
| Health Insurance | $350 | Varies widely; this is a typical market estimate. |
| Miscellaneous/Savings | $1,195 | Left for savings, entertainment, and unexpected costs. |
Can they afford to buy a home? At the median salary, yesโbut with caveats. Let's look at the home-buying math. The median home price in the broader Jefferson Parish area is around $280,000. With a 20% down payment ($56,000), you'd need a mortgage of $224,000. At current interest rates (~6.5%), your monthly principal and interest would be about $1,415. Add taxes, insurance, and potential flood insurance (a critical factor in Metairie), and your total housing payment could approach $1,900/month.
This represents over 50% of your take-home pay, which is generally not recommended. The Verdict: You can absolutely afford to buy a home on this salary, but you'll need to be a disciplined saver for several years to build a down payment, or consider a less expensive property (e.g., a condo or a home in a more affordable neighborhood). Many successful agents in Metairie live in the apartments and condos they sell, keeping their fixed costs low until their income grows.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Metairie CDP's Major Employers
While the real estate market is driven by local brokers, the health of the local economyโwhich fuels housing demandโis determined by major employers. Metairie's economy is diverse, anchored by healthcare, retail, and professional services. Here are the key players:
- Ochsner Medical Center - Metairie: Part of the state's largest healthcare system, this is a massive employer. It draws doctors, nurses, and medical staff who are constant home-buyers and renters. Their expansion projects often signal new residential development nearby.
- Lakeside Shopping Center & Clearview Mall: While retail is shifting, these malls and their surrounding retail plazas employ thousands in sales, management, and services. They also drive foot traffic and demand for nearby apartments and single-family homes.
- Jefferson Parish Parish Government: A major public employer offering stable, long-term jobs in administration, public works, and education. Government employees are a reliable segment for first-time homebuyer programs.
- East Jefferson General Hospital (now HCA Healthcare): Another cornerstone healthcare employer in the adjacent area, contributing to a steady flow of medical professionals seeking housing close to work.
- Various Law Firms & Insurance Agencies: Metairie is a hub for professional services outside of downtown New Orleans. Firms like Galloway, Johnson, Tompkins, Burr & Smith and Bernard, Cass & Brown employ paralegals, accountants, and consultants who need housing.
- Retail & Hospitality Giants: Walmart, Home Depot, and a plethora of national chain restaurants and hotels are major employers, particularly in the retail corridors along Veterans Memorial Boulevard and Severn Avenue.
Hiring Trends: The growth is in healthcare and professional services, not manufacturing. This means your client base will skew toward white-collar professionals and medical staff, who often have good credit and stable incomes but may be time-poor, valuing efficiency and local expertise.
Getting Licensed in LA
To practice in Metairie, you must be licensed by the Louisiana Real Estate Commission (LREC). The process is straightforward but requires commitment.
Requirements & Costs:
- Education: You must complete 90 hours of pre-licensing education from an LREC-approved school. In-person classes are available in Metairie and New Orleans, but online courses are common. Cost: $400 - $600.
- Exam: Pass the state and national portions of the real estate exam. The exam fee is $75.
- Background Check: A fingerprint-based background check is required. Cost: ~$50.
- Application & License Fee: Submit your application and pay the first-year license fee. Cost: $195.
- Total Estimated Initial Cost: $720 - $880.
Timeline to Get Started:
- Enroll & Complete Coursework (4-6 weeks): This can be done online or in a classroom.
- Schedule & Pass Exam (1-2 weeks): After completing your course, you can schedule your exam. Results are often immediate.
- Apply for License (2-4 weeks): Submit your application, fingerprints, and fees. Processing can take a few weeks.
- Join a Brokerage: You must be affiliated with a licensed broker to practice. Interview multiple brokers in Metairie to find one with good training, commission splits, and mentorship.
Total Time from Start to Active License: 2-3 months. Insider Tip: Many new agents start part-time while holding another job. This is common and manageable, as showings can often be scheduled around a current schedule, especially in the early stages.
Best Neighborhoods for Real Estate Agents
Where you live impacts your commute, your network, and your lifestyle. Here are top neighborhoods for agents in Metairie, balancing commute to key areas with local amenities.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Agent Insight |
|---|---|---|---|
| Lakeview | Upscale, established, tree-lined streets. 15 min to UNO, 20 min to CBD. | $1,100 - $1,400 | High price point, luxury market. Ideal for senior agents wanting a prestigious home base. Excellent for walking dogs and building relationships with affluent clients. |
| Old Metairie | Historic charm, walkable to Metairie's main commercial strip. 10 min to CBD. | $950 - $1,200 | The sweet spot for many agents. You're central to everything, can walk to coffee shops, and are in a popular market for young families. Great for networking locally. |
| Terra Bella / Heritage Plaza | Newer, master-planned communities. 20-25 min to CBD, 15 min to Ochsner. | $1,000 - $1,300 | Perfect if you specialize in new construction or family buyers. The community feel helps with referrals. Commute is longer but predictable via I-10. |
| East Metairie (near Clearview) | Mixed-age housing, very convenient to shopping and hospitals. 15 min to CBD. | $850 - $1,100 | A practical, affordable base. You're close to major employers (Ochsner, retail) which is great for servicing those clients. Less "sexy" but highly functional. |
| Mid-City (Bordering Metairie) | More urban, closer to New Orleans. 10-15 min to CBD. | $900 - $1,200 | For agents who want the New Orleans cultural scene but Metairie affordability. A longer commute to Metairie listings but better access to NOLA's core. |
Insider Tip: Consider renting a small apartment in Old Metairie or East Metairie even if it's slightly more expensive. The networking opportunities from being in the heart of the community are invaluable. You'll run into past clients and potential leads at the grocery store and coffee shop.
The Long Game: Career Growth
Real estate in Metairie is not a get-rich-quick scheme, but a long-term career with clear advancement paths.
Specialty Premiums:
- Luxury Home Specialist: In areas like Lakeview or Old Metairie, focusing on homes above $500,000 can yield higher commissions per sale but requires significant marketing investment and a polished brand.
- First-Time Homebuyer Expert: With the median salary in the area, there's a strong market for affordable homes. Specializing in FHA/USDA loans and local down payment assistance programs can generate a high volume of sales.
- Relocation Specialist: With Ochsner and other large employers bringing in talent from outside, agents who understand relocation logistics and can efficiently show homes to out-of-town buyers are in demand.
- Property Management & Investment: A growing niche. Helping investors buy rental properties in Metairie (where cash flow can be strong due to reasonable prices) and then managing them provides recurring revenue.
10-Year Outlook:
The 3% job growth is modest, suggesting a stable, not booming, market. The biggest growth opportunities will be in:
- Technology Integration: Agents who leverage social media, virtual tours, and CRM systems will have an edge over traditional agents.
- Serving an Aging Population: As baby boomers downsize or move to retirement communities, there will be increased demand for agents skilled in managing probate sales and senior moves.
- Sustainability & Flood Mitigation: Being knowledgeable about flood insurance, elevation certificates, and resilient home features will become a critical value-add. This isn't a trend; it's a permanent part of the local landscape.
Insider Tip: The top producers in Metairie didn't get there by just selling more houses. They built teams, created referral networks with mortgage lenders and inspectors, and developed a reputation for being the local expert on a specific niche, like Metairie's historic districts or the new construction communities.
The Verdict: Is Metairie CDP Right for You?
| Pros | Cons |
|---|---|
| Lower Cost of Living (Index 91.1 vs US 100) means your salary goes further. | Income Ceiling is lower than in major metro areas like NYC or LA. |
| Stable, Diverse Economy anchored by healthcare and services. | Modest Growth (3%) means you must work hard to carve out your share. |
| Central Location to New Orleans without the high cost and parking nightmares. | Car Dependency is high; public transit is not a viable option. |
| Strong Community Feel in neighborhoods like Old Metairie and Lakeview. | Flood Zone Knowledge is non-negotiable and adds a layer of complexity. |
| Manageable Market Size (273 jobs) allows for a focused, strategic approach. | Competition from experienced, well-connected local agents can be fierce. |
Final Recommendation:
Metairie CDP is an excellent choice for a Real Estate Agent who values stability, community, and a lower cost of living over chasing explosive, volatile growth. It's ideal for:
- New agents who want a manageable market to learn in without being overwhelmed.
- Mid-career agents looking to reposition to a more affordable, high-quality-of-life area.
- Specialists in relocation, first-time buyers, or specific property types who can leverage local knowledge.
If you're a high-risk, high-reward agent seeking the next Silicon Valley real estate boom, look elsewhere. But if you're willing to put in the work to build a reputation, network locally, and master the unique aspects of South Louisiana living, Metairie offers a sustainable and rewarding path to a solid career.
FAQs
1. How important is my local network in Metairie?
It's everything. This is a relationship-driven market. Join the Metairie Chamber of Commerce, volunteer at local events, and get active on neighborhood social media pages. Your first five clients will likely come from people you know or meet locally.
2. Do I need to specialize in flood zones?
Yes. Understanding FEMA flood maps, elevation certificates, and the difference between flood zones (A, V, AE) is a core competency. It's a major point of trust for buyers and can make or break a deal. Take a local seminar on the topic.
3. What's the commission structure like here?
Typical broker splits range from 70/30 to 80/20 (you/broker) for new agents, moving to 90/10 or higher as you produce more. Some brokerages offer 100% commission with a flat monthly desk fee. Compare carefully, as training and support often come with lower splits.
4. Is it better to work in Metairie or commute to New Orleans?
It depends on your niche. If you're selling in the French Quarter or Uptown, work from New Orleans. If you're focusing on the suburbs, schools, and families, Metairie is your home base. Many agents work both markets, but it's more efficient to specialize in one geographic area initially.
5. How do I handle the "silly season" (hurricane season) as an agent?
You must be proactive. Ensure your own home and car are prepared. Educate clients on evacuation routes, insurance requirements, and home preparation. Your value skyrockets during stressful times if you're a calm, knowledgeable source of information. It's not just about selling houses; it's about being a trusted advisor through Louisiana's unique challenges.
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