This occupation has a very high probability of automation.
$59,360 annual wage
What they do
Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.
Risk of automation
This occupation is 86.0% likely to be automated. It ranks 497 of 702 occupations analyzed (higher rank means higher likelihood).
People affected and economic value
In the US, 348,800 people have this job. They earn $59,360 per year on average (the mean annual wage). The occupation therefore represents $20,704,768,000 in annual economic value. The mean hourly wage for this occupation is $28.54.
Official growth forecast
This occupation is projected to grow 6.2% between 2016 and 2026. At this rate, there would be 370,500 people with this job at that time.
References and notes
This article uses data from "The Future of Employment" (PDF), a 2013 study from University of Oxford researchers, and US Bureau of Labor Statistics files including Standard Occupational Classification 2010 Definitions (XLS), May 2016 Occupational Employment Statistics (zip) and 2016-2026 Employment Projections (XLS).