Real Estate Agent Salary in Richmond, VA — 2026 Guide
Estimated salaries are adjusted for Richmond's cost of living (index: 97). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Real Estate Agent Salary in Richmond — Key Numbers
Cost of Living in Richmond
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Richmond
Richmond has a metro population of 1,310,000, offering a sizeable job market with strong opportunities across key sectors. The 3.4% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.
Financial Calculators for Richmond
Other Professions in Richmond
Real Estate Agent Salary — Other Virginia Cities
Frequently Asked Questions
How much does a Real Estate Agent make in Richmond, VA?
The estimated median salary for a Real Estate Agent in Richmond is $52,671 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Richmond's cost of living index (97). The typical salary range runs from $31,118 (25th percentile) to $90,559 (75th percentile), with top earners reaching $154,443.
Is Richmond affordable for a Real Estate Agent?
On a $52,671 annual salary, a Real Estate Agent in Richmond would spend approximately 29.3% of gross monthly income on median rent ($1,287/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $310,000 is 5.9× the annual salary.
How does a Real Estate Agent's salary compare to Richmond's overall income?
Richmond's median household income is $68,200. A Real Estate Agent earning the city-adjusted median of $52,671 earns 22.8% less than the typical Richmond household income. This may reflect that the profession is entry-level or that Richmond has a particularly high median household income due to high-earning industries.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.