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SOC 41-9021 · May 2025 · BLS OEWS

Real Estate BrokersRichmond

Richmond, VA · 2 metro areas compared

$75,300 /year
$36.20per hour
+2.8%vs US median

The median wage for Real Estate Brokers in Richmond, VA is $75,300 per year, close to the national median of $73,220 for the same occupation.

Wage distribution · annual

Shaded band holds the middle 50% of earners

US MEDIAN $73,22010TH$51,530MEDIAN$75,30075TH$131,82090TH$159,370

Salary overview

The median wage for Real Estate Brokers in Richmond, VA is $75,300 per year, close to the national median of $73,220 for the same occupation. Pay ranges from under $51,530 at the tenth percentile to more than $159,370 at the ninetieth, with the interquartile range running from $52,850 to $131,820.

Harrisonburg leads the state's metro areas for this occupation, at $84,590. Set against every other occupation measured in the same area, it ranks 199th of 593 by median pay.

Percentile breakdown

Annual wages by percentile · Richmond, VA · May 2025
PercentileAnnualvs US median
10th$51,530−29.6%
25th$52,850−27.8%
Median (50th)$75,300+2.8%
75th$131,820+80.0%
90th$159,370+117.7%
Mean$97,680+33.4%

Other metro areas in Virginia

Median annual wage for Real Estate Brokers, by metro area
#Metro areaMedianJobsRelative
1Harrisonburg$84,590
2Virginia Beach$70,800390

What the pay is worth locally

Prices in Richmond sit close to the national average, so $75,300 is worth roughly its face value against pay elsewhere.

Published median

$75,300as reported by BLS

Local price level

101.1US average = 100 · BEA 2024

Adjusted for local prices

$74,481US average = 100 · BEA 2024

Key takeaways

  • Median pay is $75,300 a year, 2.8% above the national median.
  • Published pay spans $51,530 to $159,370 between the tenth and ninetieth percentiles.
  • The highest-paying metro area covered is Harrisonburg, at $84,590.

Frequently asked questions

What is the median wage for Real Estate Brokers in Richmond, VA?

The median annual wage is $75,300, or $36.20 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.

Is that higher than the national average?

The national median for this occupation is $73,220, so pay in Richmond, VA is 2.8% higher. These figures are medians, not averages: half of workers fall on each side.

What do the top earners make?

The top tenth of this occupation in Richmond, VA earns more than $159,370 per year. The ninetieth percentile is the highest figure the survey publishes.

What is the starting range?

The tenth percentile wage is $51,530 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.

Which area nearby pays the most?

The highest median for this occupation among the metro areas covered is in Harrisonburg, at $84,590 per year.

Source and methodology

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.

Real Estate Brokers Salary in Richmond, VA (2025): $75,300 Median | Salary Explorer