Illinois Home to the Highest Earning Real Estate Pros
State markets land the top two spots on HomeInsurance.com analysis
CHARLOTTE, N.C., Dec. 11, 2014 /PRNewswire/ -- With many U.S. housing markets on an upswing, it's not a bad time to be in the real estate business. Analysts at HomeInsurance.com investigated which places offer the most potential earnings for real estate professionals and two Illinois markets topped the list.
Lake County took the top spot for having the highest average real estate salary – $104,739. Home to multi-million dollar markets, this county offers agents high commission and increasing home values. Chicago, along with the surrounding cities of Joliet and Naperville, came second with average salaries at $82,780. Lake County's location along Lake Michigan and its proximity to Chicago make it a hot market – home values have increased more than 6% during the past year.
Other markets that ranked highly in the HomeInsurance.com project included Boston-Cambridge-Quincy, MA; Durham-Chapel Hill, NC; and New York's Nassau and Suffolk counties.
The HomeInsurance.com research used earnings information published in October by the U.S. Bureau of Labor Statistics weighted with factors to account for differences in the cost of living for each market. No market was considered unless it had information accounting for at least 100 employees.
"We are very excited to unveil the top places offering real estate agents prospective job growth," says Arthur Murray, Senior Editor at HomeInsurance.com. "Seeing healthy salaries such as those in Illinois is a great sign for the U.S. housing market recovery."
The full report can be found at: https://homeinsurance.com/homehq/research-center/top-10-places-you-want-to-work-in-real-estate/
About HomeInsurance.com:
HomeInsurance.com is part of HomeInsurance.com LLC, an insurance marketplace offering homeowners in 44 states comparative rates on home and auto insurance from top-rated carriers such as Travelers, The Hartford, Safeco Insurance, Progressive, MetLife, Liberty Mutual, ASI, and Foremost.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/illinois-home-to-the-highest-earning-real-estate-pros-300008568.html
SOURCE HomeInsurance.com
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