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Real Estate Agent in Pasadena, CA

Median Salary

$64,338

Above National Avg

Hourly Wage

$30.93

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

The Complete Career Guide for Real Estate Agents in Pasadena, CA

Welcome to Pasadena. If you're considering a move here to practice real estate, you're looking at one of the most stable and desirable markets in Southern California. But this isn't just about the roses and old mansions. This is a numbers game, and as a local who’s seen the market from every angle, I can tell you it’s a place where preparation meets opportunity. Let’s break down what it really takes to build a career here.

The Salary Picture: Where Pasadena Stands

First, let's talk money. The national conversation often paints a picture of easy commissions, but the reality on the ground is more nuanced. According to data from the Bureau of Labor Statistics (BLS) and other industry sources, the median salary for a real estate agent in the Pasadena area is $64,338/year. This translates to an hourly rate of approximately $30.93/hour. It's important to note that this figure is a median, meaning half of the agents earn more, and half earn less. The national average for real estate agents sits at $61,480/year, so Pasadena offers a slight premium, but it's not a massive leap.

The job market here is mature. There are approximately 267 real estate agent jobs in the metro area. However, don't let that number fool you; it's a competitive field. The 10-year job growth is projected at 3%, which is modest but stable. This isn't a boomtown with explosive growth; it's a established market where success is built on relationships, local knowledge, and persistence.

To give you a clearer picture of how experience translates to income, here’s a realistic breakdown:

Experience Level Typical Annual Income Key Focus for Success
Entry-Level (0-2 years) $45,000 - $65,000 Building a pipeline, mastering local neighborhoods, absorbing training costs.
Mid-Level (3-7 years) $65,000 - $120,000 Leveraging past clients for referrals, developing a niche (e.g., historic homes, condos).
Senior-Level (8-15 years) $120,000 - $250,000+ Managing a team, high-end listings ($1.5M+), commercial real estate, or luxury rentals.
Expert/Team Lead (15+ years) $250,000+ Brokerage ownership, teaching/mentoring, large-scale development projects, investment portfolios.

Insider Tip: Your first two years are an investment. You’ll likely break even or make a small profit if you’re disciplined. The median salary of $64,338 is a realistic goal for your second or third year if you hustle. The top agents here aren't just selling houses; they're consultants, market analysts, and crisis managers.

Comparison to Other California Cities

Pasadena isn't Los Angeles. It's not San Francisco. It's a unique bubble within the L.A. metro. Here’s how it stacks up:

  • Los Angeles (City): Higher ceiling ($75K median) but vastly more competition, longer commutes, and a focus on volume over community.
  • San Francisco Bay Area: Sky-high salaries ($85K+ median) but an extremely high cost of living and a market dominated by tech wealth and all-cash offers.
  • Irvine (Orange County): Similar median to Pasadena ($64,338), but with a more suburban, master-planned community feel. Less historic character.
  • San Diego: Slightly lower median salary but a more relaxed lifestyle and a strong military/veteran buyer pool.

Pasadena offers a sweet spot: it's a major economic center with a distinct identity, a strong cultural scene (thanks to Caltech, the Norton Simon, and the Rose Bowl), and a more manageable scale than downtown L.A.

📊 Compensation Analysis

Pasadena $64,338
National Average $61,480

📈 Earning Potential

Entry Level $48,254 - $57,904
Mid Level $57,904 - $70,772
Senior Level $70,772 - $86,856
Expert Level $86,856 - $102,941

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

The median salary of $64,338 sounds good, but in Pasadena, your dollars work hard. Let’s run a monthly budget. Remember, as a real estate agent, you're generally a 1099 independent contractor. This means you pay self-employment tax (roughly 15.3% on your net earnings) plus federal and state income taxes.

Assumptions:

  • Gross Annual Income: $64,338
  • Monthly Gross: $5,361.50
  • Estimated Net Monthly Take-Home (after ~30% for taxes): $3,753 (This is a conservative estimate; consult a CPA).

Monthly Budget Breakdown (Realistic Scenario):

Expense Category Estimated Monthly Cost Notes
Housing (1BR Rent) $2,252 The city-wide average. Older apartments in less central areas can be found closer to $2,000.
Utilities (Electric, Gas, Internet) $150 Varies by season; summer AC costs can spike.
Car Payment/Insurance $450 Non-negotiable. You'll drive constantly. A reliable car is your primary tool.
Groceries & Household $400
Health Insurance $150 A major expense as you're not on an employer plan.
Professional Expenses $300 MLS fees, lockbox key, E&O insurance, gas, phone, marketing.
Miscellaneous (Dining, Fun, Savings) $51 This is the reality. After necessities, there's very little left.

Can they afford to buy a home?
On this single salary, no. The median home price in Pasadena is over $1.1 million. A 20% down payment is $220,000. Your monthly mortgage payment would be roughly $5,500+, far exceeding your net income. This is the key takeaway: A single agent on the median salary cannot afford to buy in Pasadena. However, agents with a spouse/partner with a dual income, agents who surpass the median, or those who invest in rental properties outside the city (e.g., in the Inland Empire) do build wealth here. The path to homeownership is through career growth, not the starting salary.

💰 Monthly Budget

$4,182
net/mo
Rent/Housing
$1,464
Groceries
$627
Transport
$502
Utilities
$335
Savings/Misc
$1,255

📋 Snapshot

$64,338
Median
$30.93/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: Pasadena's Major Employers

As a real estate agent, your "employers" are your brokerage and your clients. But the broader job market directly fuels the housing market. Here are the major local economic engines you need to understand:

  1. Caltech (California Institute of Technology): A world-renowned research university. It brings in top-tier faculty, post-docs, and students from around the globe. These are often high-income buyers looking for long-term rentals or starter homes in nearby neighborhoods like San Rafael or Bungalow Heaven. Their housing allowances are significant.
  2. Huntington Library, Art Museum, and Botanical Gardens: A major cultural and employment center. It attracts a mix of academic, curatorial, and service staff. Employees often seek homes with character and garden space, aligning with Pasadena's famous bungalow neighborhoods.
  3. Kaiser Permanente (Pasadena Medical Center): One of the largest employers in the region. Doctors, nurses, and administrative staff form a stable, high-earning buyer pool. They value proximity to work, which makes the Arlington Heights and Madison neighborhoods very attractive.
  4. JPL (Jet Propulsion Laboratory): A NASA federally funded research center. Its workforce is filled with engineers and scientists. They are often mobile, having been transferred from other JPL centers, and they look for low-maintenance, modern homes or condos near the freeway for easy commutes.
  5. City of Pasadena: The city government itself is a major employer. From city planners to public safety officers, these are stable jobs with good benefits. Municipal employees are often long-term residents and can be a source of consistent referrals.
  6. Private Schools (e.g., Polytechnic, Chandler, Waverly): Pasadena has a robust private school network. Faculty and administration are part of the community fabric and often become buyers or renters in the local market.
  7. Pasadena Unified School District: Another large employer, especially for teachers. While teacher salaries can be challenging, they are dedicated community members and a steady source of transactions, particularly for families moving within the district.

Hiring Trends: Major employers are stable. The biggest growth is in the tech and biotech sectors adjacent to Pasadena (in the broader L.A. area), but the core Pasadena economy is rooted in education, healthcare, and government. Your best bet is to create a farm area around one of these major employers.

Getting Licensed in CA

The process is standardized by the California Department of Real Estate (DRE). Here’s the actionable timeline and cost:

  1. Complete 135 Hours of Education: You must take three required courses: Real Estate Principles, Real Estate Practice, and one elective (e.g., Finance, Property Management, Appraisal). Many schools offer online or in-person classes. Cost: $400 - $800.
  2. Apply for the Exam: Submit your application to the DRE, including fingerprinting. This can take 4-6 weeks for processing. Cost: $60 (application fee) + $30 (fingerprinting).
  3. Pass the State Exam: The California state exam is notoriously difficult. It's a 150-question, multiple-choice test. You must score 70% or higher. Cost: $60 per attempt.
  4. Find a Sponsoring Broker: This is the most critical step. You cannot legally practice without a broker. Interview multiple brokerages in Pasadena. Ask about their training programs, commission splits, desk fees, and culture. Cost: Varies. Some charge monthly desk fees ($100-$500), others take a higher split (e.g., 70/30 vs. 50/50).
  5. Join a Local Association: The Pasadena/Foothills Association of Realtors (FAR) is essential. You'll get access to the MLS (Multiple Listing Service), which is the lifeblood of the business. Cost: $500-$700 for local, state, and national association dues.

Total Estimated Startup Cost: $1,500 - $2,500 (excluding living expenses). Timeline: 4-6 months from starting classes to being active.

Insider Tip: Don't just pick the cheapest broker. Pick the one with the best training. Your first year is about learning, not earning. A good mentor is worth more than a better commission split.

Best Neighborhoods for Real Estate Agents

Your choice of neighborhood affects your commute, your client base, and your lifestyle. Here’s a breakdown:

Neighborhood Vibe & Commute Rent Estimate (1BR) Why It's Good for an Agent
Playhouse District Urban, walkable, arts-focused. 10-15 min to downtown LA via Metro. $2,400 - $2,800 Central location. Easy to meet clients. You'll see everything from historic condos to luxury apartments.
Bungalow Heaven Historic, charming, residential. 20 min to LA. Quiet streets. $2,200 - $2,600 Your "farm area" potential is huge. You live and work in a premier Pasadena neighborhood. Builds instant credibility.
Arlington Heights Family-oriented, close to schools and Kaiser. 15-20 min commute. $2,100 - $2,400 Perfect if you want to specialize in the family market. Strong community ties.
San Rafael Upscale, hilly, near Caltech. 15 min to LA. $2,300 - $2,700 Targets the high-income academic and professional market. Higher price points, bigger commissions.
East Pasadena More affordable, suburban, farther east. 25-30 min to LA. $1,900 - $2,200 Lower rent means more breathing room on your budget. Growing area with newer construction.

Insider Tip: Live in the neighborhood you want to farm. People buy from agents who are part of the community. If you live in Bungalow Heaven, you'll naturally meet homeowners, hear about neighborhood news, and build a reputation.

The Long Game: Career Growth

The median salary of $64,338 is just a starting point. Your income growth is directly tied to your specialization and network.

  • Specialty Premiums:
    • Luxury Market ($1.5M+): This is where the top 10% of agents earn over 80% of the commissions. It requires impeccable service, a high-end network, and marketing savvy. In Pasadena, this means Highland Park, San Marino, and large estates.
    • Investment Properties: Working with investors can lead to repeat business. You need to understand cap rates, cash flow, and multifamily zoning.
    • Senior Relocation: A growing niche. Baby boomers are downsizing. This requires patience, knowledge of senior communities, and empathy.
  • Advancement Paths:
    1. Solo Agent to Team Lead: Build a small team to handle more volume.
    2. Broker: After 2 years of experience, you can get your broker’s license and start your own firm.
    3. Property Management: A stable income stream, especially with Pasadena's large rental market.
    4. Commercial Real Estate: A different license and skill set, but much higher transaction values.

10-Year Outlook: The 3% job growth means competition will remain. Technology will change how we market, but the need for a trusted local advisor will never disappear. The agents who thrive will be those who combine deep local knowledge with tech-savvy marketing and a strong personal brand. The rise of remote work may bring more buyers from coastal cities, keeping demand steady for Pasadena's quality of life.

The Verdict: Is Pasadena Right for You?

Pros Cons
Stable, High-Value Market: Median home price over $1M means bigger commissions on successful sales. High Cost of Living: Rent at $2,252/month for a 1BR eats up a large portion of your income.
Strong Economic Anchors: Caltech, JPL, and major hospitals provide a consistent stream of qualified buyers. Intense Competition: You're competing with seasoned agents who have decades of local relationships.
Desirable Lifestyle: World-class culture, food, and outdoor access. Easy to sell the "Pasadena dream." Limited Inventory: It's a seller's market. Finding homes for your buyers can be frustrating.
Proximity to L.A.: Access to a massive metro area without being in the chaos of downtown. Saturation: The 267 agents in the metro are all vying for a piece of a stable but not rapidly growing market.

Final Recommendation:
Pasadena is right for you if you have a financial runway (6-12 months of living expenses), a passion for community and history, and the grit to build a network from scratch. It is not for you if you need immediate, high income and cannot handle a high-pressure, competitive environment. The median salary of $64,338 is achievable but requires discipline. The path to wealth is through long-term client relationships and specialization, not quick flips.

FAQs

Q: Do I need a car?
A: Absolutely. Pasadena is spread out. While the Metro Gold Line is useful, you'll need to drive to showings, client meetings, and open houses. Your car is a business expense.

Q: How much can I realistically make in my first year?
A: It's possible to earn $40,000 - $60,000 if you're aggressive with lead generation and work with a supportive broker. Most of this will come from rentals and the few sales you can secure. Many agents have a part-time job for the first 6-12 months.

Q: What's the best way to generate leads in Pasadena?
A: Hyper-local farming. Pick 3-5 streets in one neighborhood (e.g., Bungalow Heaven). Send consistent, high-quality mailers, host small community events, and become the neighborhood expert on social media. Open houses for other agents are also prime for meeting buyers.

Q: Is the market saturated? Can I still succeed?
A: Yes, it's saturated. But "saturated" often means "experienced." New agents often leave within two years. If you can last through the tough first year and build a reputation, the market is large enough for everyone. Your unique personality and work ethic are your differentiators.

Q: What's the one thing I should know before moving?
A: Cash reserves are critical. The cost of living is high, and it takes time to build a client base. Move here with at least 6 months of rent and expenses in the bank. This isn't a market you can hustle out of in a month; it requires patience and financial stability.

Explore More in Pasadena

Dive deeper into the local economy and lifestyle.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), CA State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly