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Real Estate Agent Tools Real Estate News

Here are the Best Cities for Women in Commercial Real Estate

By Third PartyDecember 14, 2022

Business people shaking hands in the office. Group of business persons in business meeting. Three entrepreneurs on meeting in board room. Corporate business team on meeting in modern office. Female manager discussing new project with her colleagues. Company owner on a meeting with two of her employees in her office.

Source: Globest —

The share of women in the commercial and residential real estate industries slumped 5% from 2017 to 2021, and women are still making less on average than male counterparts in both sectors.

A MyEListing analysis of Bureau of Labor Statistics data shows that of the 3 million people working in real estate, 48% are women — but despite those high levels, women earn 89.2% of mens’ salaries in the sector on average, an increase of just 0.1% over the last five years. Over the course of a career, that means women earn on average $313,114 less than men.

According to the firm’s findings, the ten best metros for women to work in real estate are Toledo; Stockton; Poughkeepsie-Newburgh-Middletown, NY; Omaha-Council Bluffs; Winston-Salem; Des Moines-West Des Moines; Orlando-Kissimmee-Sanford; Richmond; St. Louis; and Tucson.