Median Salary
$59,820
Vs National Avg
Hourly Wage
$28.76
Dollars / Hr
Workforce
0.1k
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Real Estate Agents considering a move to Rogers, Arkansas.
The Salary Picture: Where Rogers Stands
If you're considering a move to Rogers for a real estate career, let's start with the numbers that matter most. The data paints a clear picture of a market that's stable but not booming, which requires a strategic approach.
The median salary for a real estate agent in the Rogers metro area is $59,820 per year, which breaks down to an hourly rate of $28.76. This figure sits slightly below the national average of $61,480, but it's important to view this in the context of Rogers's cost of living, which is notably lower than the national average. The Rogers metro area supports approximately 148 real estate agent jobs, a number that reflects a stable but not saturated market. The 10-year job growth for agents in this region is projected at 3%, indicating modest, steady demand rather than explosive growth.
Experience-Level Breakdown
Real estate income is heavily dependent on experience, production, and market knowledge. The median $59,820 is a midpoint; your actual earnings will vary significantly based on where you fall on this spectrum.
| Experience Level | Estimated Annual Income | Key Characteristics |
|---|---|---|
| Entry-Level (0-2 years) | $35,000 - $50,000 | Building a client base, working with a team, focusing on rentals and starter homes. Income is inconsistent. |
| Mid-Level (3-7 years) | $55,000 - $85,000 | Established referral network, consistent sales volume, specializing in a neighborhood or property type. |
| Senior/Expert (8+ years) | $90,000 - $150,000+ | Top producer status, strong brand recognition, handles luxury or complex commercial properties, may mentor newer agents. |
Comparison to Other Arkansas Cities
To understand where Rogers stands, it's helpful to compare it to other major markets within the state. While Little Rock has a larger market and higher median salary, Rogers offers a unique blend of affordability and lifestyle.
| City | Median Salary | Cost of Living Index (US Avg=100) | Key Market Driver |
|---|---|---|---|
| Rogers | $59,820 | 91.0 | Retail, Healthcare, NWA Growth |
| Bentonville | $60,500 | 92.5 | Walmart HQ, Corporate Careers |
| Fayetteville | $58,750 | 89.5 | University of Arkansas, Tech |
| Little Rock | $63,100 | 84.5 | State Government, Corporate HQs |
Insider Tip: Don't just chase the highest median salary. Bentonville's number is slightly higher, but the market is intensely competitive with a high concentration of top-producing agents. Rogers offers a slightly less saturated environment with a strong, growing residential market, particularly in the suburbs.
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
A salary is just a number until you factor in real-world expenses. Let's break down what a $59,820 annual salary means for a real estate agent living in Rogers.
Assumptions for a Single Agent:
- Gross Annual Income: $59,820
- Monthly Gross Income: $4,985
- Estimated Taxes (Federal, State, FICA ~25%): ~$1,246/month
- Average 1BR Rent: $924/month
Monthly Budget Breakdown
| Category | Estimated Cost | Notes |
|---|---|---|
| Gross Monthly Income | $4,985 | |
| - Taxes (~25%) | -$1,246 | Self-employment tax is a major factor for 1099 agents. |
| = Net Monthly Income | $3,739 | |
| - Housing (1BR Rent) | -$924 | This is the average; see neighborhood breakdown below. |
| - Utilities, Internet | -$200 | Varies by season (higher in summer for A/C). |
| - Transportation | -$350 | Car payment, insurance, gas. Essential in NWA. |
| - Groceries & Essentials | -$450 | |
| - Professional Costs | -$300 | MLS dues, E&O insurance, marketing, gas for showings. |
| = Disposable Income | $1,515 | For savings, debt, entertainment, etc. |
Can They Afford to Buy a Home?
With a net monthly income of $3,739, the standard rule of thumb (28% of gross income) suggests a maximum mortgage payment of around $1,395. In Rogers, this is feasible. The median home price is approximately $300,000. A 5% down payment on a $300,000 home is $15,000. With a 30-year fixed mortgage at 7%, the principal and interest payment would be roughly $1,896. Adding taxes and insurance brings it closer to $2,200+, which is above the recommended 28% threshold.
Verdict: Buying a home on a $59,820 salary is challenging without a significant down payment or dual income. For a first-year agent, renting is the pragmatic choice. Mid to senior-level agents with higher and more stable earnings will find homeownership very achievable.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Rogers's Major Employers
While many real estate agents are independent contractors, the health of the local job market directly fuels housing demand. Rogers's economy is diverse, anchored by several major employers that attract a steady stream of new residents.
- Walmart Home Office (Bentonville): Technically in neighboring Bentonville, but the entire Northwest Arkansas (NWA) region, including Rogers, is economically tied to Walmart. Thousands of employees live in Rogers for its excellent schools and suburban feel. Hiring here is constant, with a focus on corporate, tech, and logistics roles.
- Mercy Medical Center: A top-tier hospital and major healthcare provider in Rogers. It's a significant employer of doctors, nurses, and administrative staff, creating a stable base of homebuyers and renters.
- Arkansas Children's Northwest: This state-of-the-art hospital in Springdale (a short drive from Rogers) is another major healthcare employer, drawing professionals from across the region.
- Tyson Foods: Headquartered in Springdale, Tyson is a global food production giant. Its workforce ranges from corporate executives to plant managers and production staff, all seeking housing in the surrounding communities like Rogers.
- J.B. Hunt Transport Services: One of the largest trucking and logistics companies in the nation, based in Lowell. It's a critical employer for logistics, tech, and corporate roles, with many employees residing in Rogers.
- University of Arkansas (Fayetteville): While not in Rogers, the flagship campus is a 30-minute drive. It's a major employer and a source of rental demand, especially for properties near the I-49 corridor.
- P&G (Bentonville): Procter & Gamble has a significant presence in the NWA region, with a large plant and corporate offices in nearby Bentonville. It's another key source of stable, well-paying jobs.
Hiring Trends: The NWA region is experiencing steady growth, not a boom. The focus is on attracting and retaining talent for corporate and healthcare roles. This translates to consistent demand for single-family homes in suburbs like Rogers, rather than a frantic, speculative market.
Getting Licensed in Arkansas
The process to become a licensed real estate agent in Arkansas is straightforward and regulated by the Arkansas Real Estate Commission (AREC).
Step-by-Step Requirements:
- Age & Residency: Be at least 18 years old and a legal resident of the U.S.
- Education: Complete 60 hours of approved pre-licensing education from an AREC-accredited school. This can be done online or in-person.
- Background Check: Submit to a state and national criminal background check.
- Exam: Pass the Arkansas Real Estate Salesperson exam, administered by Pearson VUE. The exam consists of a national and a state-specific portion.
- Sponsorship: You must be sponsored by a licensed Arkansas broker to activate your license.
- Application & Fees: Submit your application to AREC with the required fees.
Costs to Get Started:
- Pre-Licensing Course: $300 - $600
- Exam Fee: $75
- Background Check: ~$50
- License Application & First-Year Fees: ~$150
- Total Initial Investment: ~$575 - $875
Timeline: From starting your course to activating your license, the process typically takes 2-4 months, depending on your study pace and exam scheduling.
Best Neighborhoods for Real Estate Agents
Choosing where to live in Rogers impacts your commute, networking opportunities, and lifestyle. Here are four top picks for agents.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Insider Tip |
|---|---|---|---|
| Downtown Rogers | Walkable, historic, artsy. Easy access to the Pinnacle Hills Promenade. | $1,050 | Perfect for agents who work with young professionals and empty-nesters. You'll network at the farmers market and local cafes. |
| Pinnacle Hills | Upscale, modern, corporate. Adjacent to the Pinnacle Country Club and major corporate offices. | $1,200+ | Ideal for targeting luxury clients and corporate relocations. Your backyard is where your clients want to live. |
| West Rogers (near I-49) | Suburban, family-oriented. Excellent schools, newer subdivisions, quick access to Fayetteville. | $950 | The sweet spot for agents specializing in starter homes and family residences. High volume potential. |
| Lake Atalanta Area | Quiet, established, scenic. Older homes with character, tree-lined streets, near the lake and parks. | $875 | Great for agents who appreciate a quieter lifestyle and want to connect with long-term residents and downsizers. |
Insider Tip: Live where you want to be. Your neighborhood is your first "listing." If you love the energy of Downtown, you'll naturally attract clients who are drawn to that vibe. If you prefer the suburbs, you'll have deeper knowledge of school districts and family amenities.
The Long Game: Career Growth
A career in real estate in Rogers is a marathon, not a sprint. The 10-year job growth projection of 3% signals that success requires specialization and deep local expertise.
Specialty Premiums:
- Luxury Market: High-end properties in Pinnacle Hills or gated communities can yield significant commissions but require a polished brand and high-end network.
- Relocation Specialist: With major employers like Walmart and Tyson, becoming an expert in corporate relocation is a lucrative niche.
- Rental & Investment Properties: As the region grows, demand for rental properties remains strong. Building a portfolio of investor clients can provide steady income.
- New Construction: Rogers has several new subdivisions. Partnering with local builders can provide a consistent stream of listings.
Advancement Paths:
From a sales agent, you can grow into a team leader, a broker-owner, or a real estate trainer. Many experienced agents in Rogers also get their broker's license to manage other agents, creating another revenue stream.
10-Year Outlook:
The outlook is stable and positive. While the 3% growth isn't explosive, it's built on a solid economic foundation. The continued expansion of the NWA metro area, driven by corporate giants and healthcare, will sustain demand. Agents who embrace technology, build a strong personal brand, and develop a niche will thrive.
The Verdict: Is Rogers Right for You?
| Pros | Cons |
|---|---|
| Lower Cost of Living: Your $59,820 salary goes further here than in most U.S. cities. | Modest Job Growth: The 3% growth rate means you must be proactive and competitive to succeed. |
| Stable, Diverse Economy: Anchored by corporate giants and healthcare, providing a steady client base. | Smaller Market: The metro population of 74,047 means a smaller pool of clients compared to major metros. |
| High Quality of Life: Excellent schools, low crime, easy access to outdoor recreation (lakes, biking trails). | Car-Dependent: Public transit is limited; you'll need a reliable vehicle for showings and client meetings. |
| Growing but Not Saturated Market: 148 agent jobs indicate opportunity without being overwhelmingly crowded. | Lower Ceiling (Initially): Median salary is slightly below the national average, requiring careful budgeting early on. |
Final Recommendation:
Rogers is an excellent choice for a real estate agent who values a high quality of life, stable economic fundamentals, and a suburban feel. It's best suited for agents who are self-starters, willing to invest time in building a network, and not expecting immediate, explosive income. If you're looking for a long-term career in a community where you can put down roots, Rogers is a smart, strategic move.
FAQs
1. Is the real estate market in Rogers competitive?
Yes, but in a healthy way. The market has 148 agents for a metro population of 74,047. It's not as cutthroat as larger cities, but you'll need a clear value proposition and strong local knowledge to stand out. Success comes from relationships, not just transactions.
2. Do I need to specialize in a particular type of property?
Not immediately, but it's highly recommended for long-term growth. Starting out, you should handle a variety of properties to learn the market. As you gain experience, developing a specialty (e.g., first-time buyers, luxury, investment properties) will make you the go-to expert in that niche.
3. How important is networking in a city this size?
Critical. In a community of 74,047, your reputation is everything. Joining the local Realtorยฎ association, attending community events, and building relationships with lenders, inspectors, and other agents is non-negotiable. Everyone knows someone, and word-of-mouth is your most powerful marketing tool.
4. Can I compete with agents from Bentonville or Fayetteville?
Absolutely. While some clients may look to "big city" agents, your hyper-local expertise in Rogers's neighborhoods, school districts (like Rogers School District, which is highly rated), and community amenities is a significant advantage. Clients value an agent who knows the specific streets and subdivisions they're considering.
5. What's the biggest challenge for new agents in Rogers?
The first 6-12 months. Building a pipeline from scratch requires significant hustle. The $35,000 - $50,000 entry-level income is not guaranteed and depends entirely on your lead generation efforts. Having 6-12 months of living expenses saved is strongly advised as you build your business.
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