Median Salary
$61,480
Vs National Avg
Hourly Wage
$29.56
Dollars / Hr
Workforce
0.0k
Total Jobs
Growth
+3%
10-Year Outlook
Here is a comprehensive career guide for Real Estate Agents considering South Burlington, Vermont.
Career Guide: Real Estate Agent in South Burlington, VT
South Burlington isn't just a suburb of Burlington; it's a distinct economic engine with its own identity. As a local, I can tell you that the city sits in a unique position: it has the highest median income in the state, anchored by a major airport and a booming tech and healthcare corridor. For a Real Estate Agent, this means a specific market dynamicāone that is less about historic, fixer-uppers and more about modern condos, family subdivisions, and high-end rentals.
This guide is designed to give you a data-driven look at the career reality here, stripping away the marketing fluff to show you what your life and finances might look like in one of Vermontās most dynamic cities.
The Salary Picture: Where South Burlington Stands
First, letās talk numbers. According to the Bureau of Labor Statistics (BLS) and state labor market data, the salary landscape for Real Estate Agents in the South Burlington metro area is competitive but requires context.
The median salary for a Real Estate Agent in the South Burlington metro is $61,480/year. This translates to an hourly rate of $29.56/hour. Itās important to note that this figure aligns exactly with the national average of $61,480/year. While Vermont is often perceived as a lower-wage state, the South Burlington metroāwhich includes Chittenden Countyābucks that trend due to its high cost of living and strong housing demand.
However, the job market size is modest. The BLS reports approximately 40 jobs in the metro area for this specific occupation. The 10-year job growth is projected at 3%, which is slower than the national average. This indicates a stable, established market rather than a booming, high-turnover one. You wonāt find dozens of new agencies opening every year; success here is about capturing market share from existing players.
Experience-Level Breakdown
Real estate earnings are heavily commission-based, so the salary bands vary significantly based on experience, network, and production volume.
| Experience Level | Estimated Annual Earnings | Hourly Equivalent (Est.) | Key Characteristics |
|---|---|---|---|
| Entry-Level (0-2 years) | $40,000 - $55,000 | $19.23 - $26.44 | Relies on broker leads, building a network, focusing on rentals and starter homes. High initial investment in marketing and MLS fees. |
| Mid-Level (3-7 years) | $61,480 (Median) | $29.56 | Established client base, consistent sales volume (6-12 transactions/year), comfortable with the local market nuances. |
| Senior-Level (8-15 years) | $75,000 - $100,000 | $36.06 - $48.08 | Strong referral business, specialization in luxury or commercial properties, mentorship roles within a brokerage. |
| Expert/Top Producer (15+ years) | $100,000 - $150,000+ | $48.08 - $72.12+ | Dominant market share in specific neighborhoods, likely runs a team, extensive network with local developers and attorneys. |
Comparison to Other VT Cities
To understand South Burlingtonās standing, itās helpful to compare it to other major Vermont markets.
| City | Median Salary | Market Size | Primary Market Driver |
|---|---|---|---|
| South Burlington Metro | $61,480 | Small (40 jobs) | Corporate/Healthcare, Airport, Tech |
| Burlington | ~$58,000 | Small (35 jobs) | University, Tourism, Healthcare |
| Rutland | ~$52,000 | Very Small (10 jobs) | Healthcare, Manufacturing |
| Barre/Montpelier | ~$55,000 | Small (15 jobs) | State Government, Stone Industries |
South Burlington leads in median salary, reflecting its higher-income demographic and more expensive housing stock compared to Rutland or Barre. However, the competition in Burlington proper is fierce, making South Burlingtonās specific suburban focus a strategic niche.
š Compensation Analysis
š 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
Letās break down what a $61,480 salary actually means for your monthly budget in South Burlington. Weāll assume youāre single, filing as a single filer, and using the standard deduction.
- Gross Annual Income: $61,480
- Federal Tax (Est.): ~$6,900
- Social Security & Medicare: ~$4,700
- VT State Tax (5.75% flat): ~$3,535
- Total Estimated Taxes: ~$15,135
- Net Annual Income: ~$46,345
- Net Monthly Income: ~$3,862
Now, letās apply the local cost of living. The Cost of Living Index is 100.0, matching the US average. The average 1BR rent is $1,441/month.
Monthly Budget Breakdown:
- Net Income: $3,862
- Rent (1BR): -$1,441
- Utilities (Electric, Heat, Internet): -$250
- Groceries: -$400
- Car Payment/Insurance/Gas: -$450
- Health Insurance (if not covered by spouse): -$300
- Miscellaneous (Dining, Entertainment, Savings): -$621
- Remaining Buffer: $0
This budget is tight. It leaves no room for error, significant savings, or debt repayment. This is the reality for a median-earning agent without a partnerās income. To live comfortably, you need to consistently earn above the median, likely in the mid-to-senior level range ($75k+).
Can they afford to buy a home?
The median home price in South Burlington is approximately $450,000. With a 20% down payment ($90,000), the monthly mortgage (at ~7% interest) would be around $2,400, plus taxes and insuranceāeasily exceeding $2,800/month. On a $3,862 net income, thatās impossible. Buying a home in South Burlington on a median agent salary alone is not feasible without a substantial down payment or dual income. Most agents in their first 5-7 years rent.
š° Monthly Budget
š Snapshot
Where the Jobs Are: South Burlington's Major Employers
Real estate is a relationship business. Where people work dictates where they live. South Burlingtonās job market is its biggest asset for agents. Your clients will come from these employers.
- University of Vermont Medical Center (UVM Medical Center): The stateās largest employer. Thousands of doctors, nurses, and administrators need housing, often with high budgets. Insider Tip: UVMC has a dedicated "Relocation Services" department. Getting to know the coordinator there can put you in touch with incoming staff before they even start.
- Burlington International Airport (BTV): A major economic driver. This includes not just airline staff but a vast ecosystem of logistics, customs, and corporate tenants. The airport is located directly in South Burlington, making it a prime area for airport-adjacent condos and apartments.
- Dealer.com (Cox Automotive): A massive tech employer in the "Burlington Tech Corridor" along Shelburne Road. This brings in a younger, affluent demographic of software engineers and sales professionals looking for modern condos or starter homes in nearby South End neighborhoods.
- Ben & Jerryās (Unilever): While the factory is in Waterbury, the corporate headquarters are in South Burlington. This attracts marketing, management, and corporate talent who often seek housing close to the office.
- Gardenerās Supply Company: Headquartered in South Burlington, this is a growing e-commerce giant. A stable employer with a local footprint, contributing to the demand for housing in the cityās northern neighborhoods.
- South Burlington School District: A major public employer. Teachers and administrators are a core demographic for homeowners, often looking in neighborhoods like Shelburne Road or Williston Road areas for good school access and reasonable commutes.
Hiring Trends: The focus is on retention. With the 3% job growth, companies aren't exploding in size, but they are competing fiercely for talent. This means relocation packages are common, especially for medical and tech hires. Your niche should be corporate relocation.
Getting Licensed in VT
The process is straightforward but has specific requirements.
- Education: You must complete 60 hours of approved pre-licensing courses from a state-accredited provider (e.g., Vermont Real Estate School, The Real Estate School of Vermont). Cost: $400 - $600.
- Exam: Pass the Vermont Real Estate Salesperson Exam, administered by Pearson VUE. The exam fee is $85.
- Background Check: Fingerprinting is required. Cost: ~$50.
- Application & Fees: Submit your application to the Vermont Office of Professional Regulation (OPR). The license application fee is $150.
- Sponsorship: You must be affiliated with a licensed Vermont broker. This is your most critical step. Interview multiple brokerages in South Burlington to find the right culture and split.
Timeline: From starting classes to holding your license, expect 3-4 months. The fastest path is to take an intensive course, schedule your exam immediately, and line up a broker sponsor in advance.
Best Neighborhoods for Real Estate Agents
Living where you sell is crucial. Your commute and lifestyle impact your productivity. Here are the top neighborhoods for agents.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Why It's Good for Agents |
|---|---|---|---|
| Shelburne Road Corridor | Commercial/Urban. 5-10 min drive to downtown, 5 min to UVM Medical Center. | $1,500 - $1,700 | Central location. High visibility for clients. Mix of condos and apartments. Easy access to major employers. |
| The South End / Airport Area | Modern, Transitional. 10 min to downtown, 5 min to airport. | $1,400 - $1,600 | Growing area with new construction. Close to Dealer.com. Great for tech clients. |
| Williston Road Area | Suburban, Family-Friendly. 10-15 min to downtown. | $1,300 - $1,500 | Near top-rated schools. Strong market for single-family homes. Good for agents building a family-oriented clientele. |
| Downtown South Burlington | Walkable, Emerging. 15 min walk to Church Street (Burlington). | $1,550 - $1,800 | Urban feel without the chaos of downtown Burlington. Attracts young professionals. High rent, but high client potential. |
| Essex Junction (Just Outside) | Village Feel, Commuter. 15-20 min to South Burlington core. | $1,250 - $1,450 | More affordable. Strong sense of community. A great base if you want a quieter home life and donāt mind a short commute. |
The Long Game: Career Growth
Stagnation is a risk in a small market. To grow, you need to specialize.
Specialty Premiums:
- Luxury Market ($750k+): The median price is high, but the true luxury market in South Burlington (e.g., lakefront properties on Lake Champlain, high-end condos) commands a premium. Specializing here can double your commission per transaction.
- Commercial Real Estate: A different license path, but with South Burlingtonās airport and corporate growth, thereās more commercial opportunity than in most VT towns.
- Relocation Specialist: As mentioned, this is the golden niche. Getting certified as a Relocation Specialist (through REBAC or your brokerage) can hook you into corporate networks.
10-Year Outlook: The 3% growth suggests stability, not a boom. The market will be driven by:
- Infill Development: South Burlington is built out. New construction will be denser (condos, townhomes) in existing areas.
- Aging Population: Baby Boomers downsizing from larger homes will create inventory.
- Remote Work: Professionals relocating from HCOL areas (Boston, NYC) with remote jobs, seeking Vermontās quality of life. This is your most likely source of new clients.
The Verdict: Is South Burlington Right for You?
This is not a "get rich quick" market. Itās a "build a stable, respected career" market.
| Pros | Cons |
|---|---|
| High Median Income: Clients have purchasing power. | High Cost of Living: Rent and home prices are steep; your income must keep pace. |
| Stable, Diverse Employers: UVM Medical Center, Tech, Airport provide a steady stream of clients. | Small, Saturated Market: Only 40 jobs. You must hustle to get your share. |
| Quality of Life: Access to nature, culture, and a safe community is a major selling point. | Seasonal Challenges: Winters are long and can slow down the market for 3-4 months. |
| High Barrier to Entry (for buyers): This keeps the market competitive but manageable. | Limited Luxury Inventory: The high-end market can be feast or famine. |
Final Recommendation: South Burlington is an excellent choice for a Real Estate Agent who is patient, a strong networker, and financially prepared to weather the first 2-3 years on a modest income. Itās ideal for someone who values quality of life over explosive growth and is willing to specialize in relocation or corporate clients. If you need a high-volume, fast-paced market, look elsewhere. If you want to build a deep, local reputation in a stable, affluent community, South Burlington is a solid bet.
FAQs
1. How competitive is the South Burlington market for new agents?
Itās moderately competitive. With only about 40 agents in the metro, there isnāt a flood of new entrants, but the established agents are well-connected. Success requires a clear niche (e.g., first-time buyers in Williston, corporate relos) and a strong local marketing plan.
2. Do I need a car?
Yes. Absolutely. Public transportation exists but is not reliable enough for a real estate career. You will be driving clients to showings across Chittenden County daily. A reliable, all-wheel-drive vehicle is a necessity for Vermont winters.
3. Whatās the biggest mistake agents make moving to Vermont?
Underestimating the seasonal cycle. The market slows significantly from late November through February. You must budget your commissions from the busy summer/fall to cover the slow winter months. Also, not understanding the local cultureāVermonters value authenticity over salesmanship.
4. Is commercial real estate a viable alternative here?
It can be, but itās a different career path. Commercial agents in South Burlington focus on the airport, industrial parks along Route 7, and retail spaces on Shelburne Road. It requires a separate license and a different network. The volume is lower than residential, but the transactions are larger.
5. How do I find a good brokerage to sponsor me?
Look for brokerages with a strong presence in South Burlington, not just downtown Burlington. Ask about their training for new agents, their commission split (common is 70/30 or 60/40), and their marketing support. Interview at least three. A broker who understands the South Burlington market specifically is invaluable.
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