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Real Estate Agent Salary in Roanoke, VA β€” 2026 Guide

Estimated salaries are adjusted for Roanoke's cost of living (index: 88). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Real Estate Agent Salary in Roanoke β€” Key Numbers

$47,784
Median Salary
$28,230
25th Percentile
$82,157
75th Percentile
$140,114
90th Percentile
National median (Real Estate Agent)$54,300
vs. National median-12.0%
Roanoke median household income$55,800
vs. City household income-14.4%

Cost of Living in Roanoke

Cost of Living Index
88(100 = avg)
Median Monthly Rent$950/mo
Rent-to-Income Ratio23.9%
Annual rent cost$11,400
Median Home Price$215,000
Home Price / Salary4.5Γ—
20% Down Payment$43,000
Years to save (20% rate)4.5 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Roanoke

3.6%
Unemployment Rate
320,000
Metro Population
22 min
Avg Commute
39.5
Median Age

Roanoke has a metro population of 320,000, offering a growing job market with opportunities especially in established local industries. The 3.6% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Real Estate Agent Salary β€” Other Virginia Cities

Frequently Asked Questions

How much does a Real Estate Agent make in Roanoke, VA?

The estimated median salary for a Real Estate Agent in Roanoke is $47,784 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Roanoke's cost of living index (88). The typical salary range runs from $28,230 (25th percentile) to $82,157 (75th percentile), with top earners reaching $140,114.

Is Roanoke affordable for a Real Estate Agent?

On a $47,784 annual salary, a Real Estate Agent in Roanoke would spend approximately 23.9% of gross monthly income on median rent ($950/month). This is well within the 28% affordability threshold, making Roanoke relatively affordable for this profession. The median home price of $215,000 is 4.5Γ— the annual salary.

How does a Real Estate Agent's salary compare to Roanoke's overall income?

Roanoke's median household income is $55,800. A Real Estate Agent earning the city-adjusted median of $47,784 earns 14.4% less than the typical Roanoke household income. This may reflect that the profession is entry-level or that Roanoke has a particularly high median household income due to high-earning industries.

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.