Real Estate Brokers Salary in Richmond, VA

BLS Occupational Employment & Wage Statistics • May 2025 • Richmond, VA

Median annual salary $49,990 -30.8% vs national
Median hourly $24.03
10th percentile $49,990
90th percentile $72,550
Employed locally 660
National median $72,280

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Real Estate Brokers
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Richmond, VA
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    Salary percentile breakdown

    10th
    $49,990
    25th
    $49,990
    50th (median)
    $49,990
    75th
    $59,630
    90th
    $72,550

    Richmond economic context

    Unemployment rate 3.00% 2024 annual avg • BLS LAUS
    Median household income $84,405 2023 • Census ACS
    Real Estate Brokers salary vs area income 59% Median Real Estate Brokers salary is 41% below the area median household income

    Top-paying metros for Real Estate Brokers

    Metro areaMedian salary
    Des Moines-West Des Moines, IA $157,100
    Springfield, MA $123,090
    Iowa $116,920
    Massachusetts $112,180
    Boston-Cambridge-Newton, MA-NH $108,910
    Vallejo, CA $106,680

    Nearby metros — Real Estate Brokers salary comparison

    Metro areaMedian salary
    Vallejo, CA $106,680
    Valdosta, GA $89,990
    Nevada $86,730
    Harrisonburg, VA $84,590
    North Valley-Northern Mountains Region of California nonmetropolitan area $82,270
    Washington-Arlington-Alexandria, DC-VA-MD-WV $81,460

    Related occupations in Richmond, VA

    OccupationMedian salary
    Retail Salespersons $31,240
    Cashiers $29,760
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel $60,780
    First-Line Supervisors of Retail Sales Workers $48,500
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products $62,100
    Counter and Rental Clerks $43,430

    Frequently asked questions

    How much do Real Estate Brokers make per hour in Richmond?

    The median hourly wage for Real Estate Brokers in Richmond, VA is $24.03, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.62 or more per hour.

    Is Richmond above or below average for Real Estate Brokers salaries?

    The median Real Estate Brokers salary in Richmond, VA is 30.8% below the national median of $72,280. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Real Estate Brokers in Richmond?

    Entry-level Real Estate Brokers (10th percentile) earn around $49,990 per year in Richmond, VA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $49,990.