Real Estate Agent Salary in Richmond
2026 compensation data for Real Estate Agent positions in Richmond, VA. Ranges from $33,000 (entry-level) to $152,000 (senior). Median: $68,000.
Median (Mid)
$68,000
$32.69/hr
vs National
+10%
US: $62,000
COL Index
100
vs US avg = 100
Senior Max
$152,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $33,000 | $42,000 | $52,000 | $20.19/hr |
| Mid-Level (3–5 yrs) | $52,000 | $68,000 | $86,000 | $32.69/hr |
| Senior (6+ yrs) | $86,000 | $116,000 | $152,000 | $55.77/hr |
What Your Salary Is Really Worth in Richmond
A mid-level real estate agent earning $68,000 in Richmond has the same buying power as $68,000 in an average US city, after adjusting for the local cost of living (COL index 100).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Real Estate Agent Salaries in Richmond
The median real estate agent salary in Richmond, VA is $68,000 for mid-level professionals, which is 10% above the national median. With a cost of living index of 100 (national average = 100), Richmond offers an affordable cost of living, making these salaries stretch further.
Entry-level real estate agents in Richmond can expect to earn between $33,000 and $52,000 (about $20.19/hour), while senior professionals with 6+ years of experience earn up to $152,000 ($152K annually, or about $73.08/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Richmond.
Frequently Asked Questions: Real Estate Agent Salary in Richmond
What is the average Real Estate Agent salary in Richmond?+
The average Real Estate Agent salary in Richmond is $68,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $42,000 and senior-level pay reaches $116,000.
How much does an entry-level real estate agent make in Richmond?+
Entry-level real estate agents in Richmond earn between $33,000 and $52,000, with a median of $42,000 per year (about $20.19/hour).
What is the hourly rate for a Real Estate Agent in Richmond?+
Based on a 2,080-hour work year, a Real Estate Agent in Richmond earns roughly $20.19/hour at entry-level, $32.69/hour at mid-level, and $55.77/hour at senior-level.
Is the Real Estate Agent salary in Richmond higher than the US average?+
Yes — Real Estate Agent salaries in Richmond are about 10% higher than the US national median of $62,000.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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