Median Salary
$63,877
Above National Avg
Hourly Wage
$30.71
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Renton Stands
As someone whoâs watched the Seattle metro real estate market for over a decade, I can tell you that Renton is a unique beast. Itâs not the urban core of Seattle, but itâs far from a sleepy suburb. Itâs a city of planes, cars, and Boeing engineers, and the real estate market reflects that. For a Real Estate Agent in Renton, the financial picture is anchored by a median salary of $63,877/year, which breaks down to an hourly rate of $30.71/hour. Itâs important to note that while this is the local median, it sits slightly above the national average for Real Estate Agents, which is $61,480/year. This isn't a coincidence; the cost of living here is a significant driver. The Renton market supports 209 jobs in the metro area for this profession, and the 10-year job growth is a modest 3%. This isn't a boomtown career; it's a stable, resilient market where success is built on relationships, not just volume.
To understand the earning potential, you need to break it down by experience. New agents often struggle to hit the median in their first year, while seasoned pros with a niche can significantly outperform it. The table below gives a realistic breakdown of what you can expect to earn at different stages of your career in the Renton area, based on local market data and commission structures.
| Experience Level | Estimated Annual Income | Key Factors & Realities |
|---|---|---|
| Entry-Level (0-2 Years) | $35,000 - $55,000 | Heavily reliant on brokerage leads, referrals, and building a network. High volume of showings, lower-priced homes. Often works with buyers on Zillow leads. |
| Mid-Level (3-7 Years) | $63,877 (Median) - $90,000 | Established sphere of influence, some repeat clients, and a mix of buyers and sellers. Can handle listings in the $400k-$600k range common in Renton. |
| Senior-Level (8-15 Years) | $90,000 - $150,000 | Strong referral base, specialized knowledge (e.g., luxury condos in The Landing, multi-family in Highlands), and often a team. Can command higher commission splits. |
| Expert (15+ Years) | $150,000+ | Top producer status. Deep ties with local employers like Boeing and Kaiser, focus on high-end properties in Kennydale or Benson Hill. Often a broker-owner or team lead. |
Comparison to Other WA Cities
How does Renton stack up? Itâs a solid middle-market performer.
- Seattle: Higher earning potential ($75k+ median) but fiercely competitive and saturated. The cost of living (and client expectations) are significantly higher.
- Bellevue: Similar to Seattle, with a focus on high-tech and luxury. Income can be much higher, but so is the barrier to entry and competition. Median is often $80k+.
- Tacoma: Lower median salary (~$58k) but a more affordable market with explosive growth potential. A good entry point for new agents.
- Everett: Similar to Renton in many waysâairline and manufacturing hub. Salaries are comparable (~$62k), but the market dynamics are slightly different.
Renton offers a balance: the earning potential is respectable, the market is active but not cutthroat, and the community is tight-knit.
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đ 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
Letâs get brutally honest about the numbers. The median salary of $63,877 sounds decent, but as an independent contractor, youâll pay for everythingâself-employment tax (~15.3%), health insurance, retirement, and marketing. Your take-home pay will be closer to $45,000 - $50,000 annually after taxes and basic deductions.
Now, factor in the cost of living. The average 1-bedroom apartment in Renton costs $1,864/month. The Cost of Living Index for Renton is 113.0, meaning itâs 13% more expensive than the national average. Using a conservative estimate of $48,000 annual take-home pay, thatâs a monthly income of $4,000.
Monthly Budget Breakdown for a Real Estate Agent Earning $63,877:
- Gross Monthly Income: ~$5,323
- Monthly Rent (1BR Avg): $1,864
- Estimated Taxes & Deductions (Health, 401k, SE Tax): ~$1,400
- Remaining for Utilities, Food, Car, Insurance, Marketing: ~$1,059
This is tight. You have about $1,000 for all other living expenses. A significant portion of an agentâs marketing budget (MLS fees, website, signs, client gifts) comes from this. Itâs doable, especially if you have a partnerâs income or a low personal debt load, but itâs not luxurious.
Can they afford to buy a home? The median home price in Renton is around $650,000. To make that work on a single $63,877 income, youâd need a substantial down payment (20%+), minimal other debt, and a perfect credit score. Itâs challenging but not impossible, especially if youâre on a team with a higher, more consistent income. For most new and mid-level agents, renting is the reality for the first few years.
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đ Snapshot
Where the Jobs Are: Renton's Major Employers
Your clients are your business, and in Renton, your clients work for major local employers. Understanding who they are and where theyâre based is crucial for targeted marketing.
- Boeing: The giant. Renton is the home of the 737 MAX assembly line. Thousands of engineers, machinists, and executives live and work here. They are your primary market for family homes, especially in the Highlands and East Renton areas. Hiring is steady but competitive; a major program win can cause a localized housing boom.
- Kaiser Permanente Renton Medical Center: A major healthcare employer with over 2,000 staff. Nurses, doctors, and administrators are always in the market for homes. They often prefer low-maintenance condos in The Landing or single-family homes with a quick commute. Hiring trends are consistently strong due to regional healthcare demand.
- Providence Health & Services: Another healthcare giant with a significant presence in Renton. Similar clientele to Kaiserâstable, income-earning professionals.
- Nintendo of America: Their headquarters are in Redmond, but a huge portion of their workforce lives in South King County, including Renton, for more affordable housing. This is a niche but lucrative market for tech professionals.
- Renton School District: A large employer with over 1,500 staff. Teachers and staff are often looking for homes within the district boundaries. This is a reliable, year-round buyer pool.
- The Landing: This isn't a single employer, but it's a massive mixed-use development that serves as a commercial and residential hub. It houses restaurants, retail, and corporate offices. Itâs a prime area for condo and townhome sales, attracting younger professionals and empty-nesters.
Insider Tip: Attend events hosted by the Renton Chamber of Commerce. Membership lists are a goldmine for networking with decision-makers at these companies. A coffee with a Boeing HR manager is worth more than a thousand cold calls.
Getting Licensed in WA
Washington State has a clear, but thorough, licensing process. Itâs not cheap, and it takes time. Hereâs the breakdown.
Requirements:
- Age & Residency: You must be 18+ and a legal U.S. resident.
- Education: Complete 90 hours of approved pre-licensing education from a state-accredited school (e.g., Rockwell Institute, Superagent School). This includes:
- 60 hours of Real Estate Fundamentals
- 30 hours of Real Estate Practice
- Exam: Pass the Washington State Real Estate Exam with a score of 70% or higher. The exam is administered by Pearson VUE.
- Background Check: Submit fingerprints for a state and federal background check.
- Sponsorship: You must be sponsored by a licensed Washington managing broker to activate your license.
Costs (Approximate):
- Pre-Licensing Course: $400 - $600
- State Exam Fee: $138
- Licensing & Background Check: $220
- Total Upfront Cost: ~$758 - $958
Timeline:
- Education: 2-4 months (part-time) to 6 weeks (full-time).
- Exam Scheduling: 1-2 weeks after course completion.
- License Processing: 2-4 weeks after passing the exam and submitting paperwork.
- Total Time to Active License: 3-6 months is a realistic estimate.
Pro Tip: Donât just memorize facts for the exam. The Washington State Exam is known for its scenario-based questions. Understand the why behind the rules, especially agency relationships and disclosure requirements.
Best Neighborhoods for Real Estate Agents
Where you live matters. It affects your commute to showings, your networking opportunities, and your personal brand. Renton is geographically diverse.
- The Highlands: The classic Seattle-area suburb. Tree-lined streets, good schools, 1950s-60s ranch and split-level homes. Ideal for agents targeting young families. Avg Rent (2BR): $2,200+. Commute to Seattle is 25-35 mins via I-405.
- Downtown Renton / The Landing: Urban, walkable, and modern. High-rise condos, townhomes, and apartments. Perfect for agents who want to be near the action, network at coffee shops, and cater to younger buyers and empty-nesters. Avg Rent (1BR): $1,900 - $2,300. Walkable to everything.
- East Renton (Kennydale): More affordable and scenic. Close to Lake Washington and the I-405 corridor. Mix of older homes and new developments. Good for agents wanting a quieter home life but easy access to clients in Bellevue and Redmond. Avg Rent (1BR): $1,700 - $1,900.
- Benson Hill: Southern Renton, closer to I-5. More diverse, with a mix of older homes and newer builds. Generally more affordable. A good starting point for a new agent with a limited budget. Avg Rent (1BR): $1,600 - $1,800.
- Fairwood: Technically in unincorporated King County but part of the Renton area. A sprawling suburban community with large lots and a golf course. Attracts higher-income families and professionals. Avg Rent (1BR): $1,750 - $1,950.
Insider Tip: Live in the neighborhood where you want to farm. If you want to sell homes in the Highlands, live there. Go to the local grocery store, the park, the PTA meetings. Your name will become familiar, and your business will grow organically.
The Long Game: Career Growth
The 3% 10-year job growth indicates a stable, not explosive, market. Growth here comes from specialization and building a personal brand, not from a booming industry.
Specialty Premiums:
- Luxury Market: The pinnacle is Kennydale and Benson Hill waterfront properties. While not as dense as Mercer Island, the price-per-square-foot is high. A single sale can net a six-figure commission.
- First-Time Buyer Specialist: This is a volume game. Understanding FHA, VA, and Washington State Housing Finance Commission programs is key. Youâll work more for less per transaction but build a massive referral network.
- Investment Properties: Renton has a strong rental market. Specializing in multi-family or helping investors flip homes can be lucrative, especially with the influx of workers for the 737 program.
- Relocation Specialist: With Boeing, itâs a constant. Becoming the go-to agent for corporate relocations to Renton provides a steady stream of business.
Advancement Paths:
- Top Producer: You master your market, build a team, and focus on high-value transactions.
- Broker/Owner: After years of experience (typically 2-3), you can get your brokerâs license and open your own shop. This carries high risk but unlimited earning potential.
- Team Leader: Join a large team, take on a leadership role in operations or marketing, and earn a share of the teamâs overall income.
- Specialized Trainer: Use your expertise to train new agents within your brokerage or for a pre-licensing school.
10-Year Outlook: The market will remain stable. The primary driver is the Boeing 737 program and the healthcare sector. Housing prices will likely see steady, modest appreciation. The biggest change will be the continued shift toward digital marketing and data-driven sales. Agents who embrace technology (virtual tours, CRM systems, AI-driven market analysis) will outperform those who donât.
The Verdict: Is Renton Right for You?
This is a decision matrix for the pragmatic agent.
| Pros | Cons |
|---|---|
| Stable Client Base: Anchored by Boeing and healthcare, providing consistent demand. | High Barrier to Entry: The cost of living is high, and the first year can be financially difficult. |
| Balanced Market: Less cutthroat than Seattle/Bellevue, allowing new agents to find footing. | Modest Growth: The 3% job growth means you must be proactive; the market wonât lift all boats. |
| Diverse Housing Stock: From condos to waterfront estates, you can build a varied portfolio. | Competition from Giants: Youâre competing with large, tech-savvy teams from Seattle. |
| Strong Community: Renton has its own identity and a âbuy localâ ethos. | Traffic & Commute: Can be a real time-sink for agents covering multiple areas. |
| Affordability (Relative): You can live and work in the same community more easily than in Seattle. | Limited Luxury Market: Compared to Bellevue, the ultra-high-end is smaller. |
Final Recommendation:
Renton is a smart choice for a pragmatic, relationship-focused agent. Itâs not the place to get rich quick, but itâs an excellent place to build a sustainable, long-term career. If youâre willing to specialize (e.g., working with Boeing engineers or first-time buyers), network relentlessly with local employers, and navigate the first year on a tight budget, Renton offers a stable platform for success. Itâs a city of real people with real jobs, and thatâs the foundation of a real estate career.
FAQs
1. Whatâs the biggest mistake new agents make in Renton?
Underestimating the power of local employers. They try to market to the whole metro area instead of focusing on farming a specific neighborhood or company. A targeted approachâlike becoming the "Boeing agent" for a specific neighborhoodâworks much better.
2. How important is a car in Renton?
Essential. While Downtown Renton is walkable, the city is spread out. Youâll be driving to showings in Kennydale, Highlands, and Fairwood, and commuting to clients in other cities. A reliable, fuel-efficient car is a non-negotiable business tool.
3. Can I succeed as a part-time agent in Renton?
Itâs very difficult. The market is competitive, and clients expect prompt service. Building the necessary relationships and market knowledge requires full-time commitment, especially in the first 2-3 years. The part-time model is fading in most markets, including this one.
4. Whatâs the most underrated neighborhood for an agent to farm?
Benson Hill. Itâs often overlooked for the flashier Highlands or The Landing, but itâs a hidden gem. Itâs more affordable, has a diverse housing stock, and is undergoing steady revitalization. Getting in now and building a reputation there could pay off significantly in 5-10 years.
5. How do I compete with big-name teams from Seattle?
Donât try to out-spend them on advertising. Out-relationship them. Be the hyper-local expert. Know the school boundaries, the best coffee shop for a quick meeting, and the local councilmemberâs name. Your insider knowledge of Renton itself is your competitive advantage. Join the Renton Chamber, volunteer at community events, and be the face in the neighborhood, not just a logo on a billboard.
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