A person working in Real Estate in Edmonton typically earns around 138,000 CAD. Salaries range from 52,100 CAD (lowest average) to 242,000 CAD (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Real Estate domain in Edmonton exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Real Estate in Edmonton range from 52,100 CAD (starting average salary) to 242,000 CAD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Real Estate is 124,000 CAD, implying that half of the workforce in Edmonton earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Real Estate in Edmonton earn less than 95,600 CAD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 147,000 CAD, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Real Estate in Edmonton. The analysis revealed that roughly 65% of all reported salaries fell within the range of 66,600 CAD to 108,000 CAD. Approximately 20% of salaries were below the 66,600 CAD mark, while 10% ranged from 108,000 CAD to 127,000 CAD. Only 5% of individuals earned a gross salary of 127,000 CAD or higher.