Real Estate Agent Hourly Pay in Suffolk, VA: $22.79 (2026)
Quick Answer:Hourly pay for a real estate agent working in Suffolk, VA runs $22.79 at the median for 2026 — annualizing to $47,394 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Suffolk's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $22.08 nationally would. A 24-hour part-time schedule grosses $28,438 per year.
Based on BLS state-level estimates · View source
In Suffolk, VA, real estate agents can expect an hourly median pay of $22.79, which is notably lower than the national hourly median of $25.78. This discrepancy may impact those working part-time or on a per-diem basis, as agents often spend their hours in various settings including brokerage offices, property tours, and meetings at clients' homes. The hourly range for agents in Suffolk spans from $14.96 at the entry-level to $35.32 for top earners, reflecting the uneven terrain of the industry. It's essential to understand that these figures are derived from annual salary data and can vary based on experience, market conditions, and the type of real estate firm represented.
About the Suffolk Market
Salary estimated from Virginia average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.96 | $119.69 |
| Lower Range (P25) | $17.66 | $141.29 |
| Median (P50) | $22.79 | $182.29 |
| Upper Range (P75) | $29.16 | $233.29 |
| Top Earners (P90) | $35.32 | $282.58 |
Estimated Annual Income by Work Schedule in Suffolk
Based on $22.79/hr median hourly rate · 2026 est.
At $22.79/hr, a real estate agent working full-time (40 hr/wk) in Suffolk, VA can expect to earn approximately $47,396 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $27,344. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Suffolk.
Hourly Rate Calculator
Schedule Comparison in Suffolk
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $911.47 | $3,950 | $47,396 |
| Part-Time (24 hrs) | $546.88 | $2,370 | $28,438 |
| Per Diem (16 hrs) | $364.59 | $1,580 | $18,959 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Suffolk) | $22.79 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Suffolk, VA earn a median of $47,394 per year (2026 est.), which is 11.61% lower than the national median of $53,622 and 1.70% below the Virginia state average of $48,214.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.79/hr = $28,438/year (purchasing power: $27,556).
Working 40h/week (full-time) = $47,396/year (purchasing power: $45,927).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$20.79/hr
2025 BLS Actual
$22.45/hr
2026 Current Est.
$22.79/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Suffolk (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.79/hr | Actual |
| 2020 | $20.84/hr | Actual |
| 2021 | $20.54/hr | Actual |
| 2022 | $21.24/hr | Actual |
| 2023 | $23.07/hr | Actual |
| 2024 | $33.17/hr | Actual |
| 2025 | $22.45/hr | Actual |
| 2026(current) | $22.79/hr | Estimated |
| 2027 | $23.13/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Suffolk grew 8.0% from $20.79/hr (2019) to $22.45/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $23.13/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Suffolk metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Suffolk
Hourly pay dynamics also reveal a unique structure for those looking to work part-time in Suffolk. A real estate agent dedicating three days a week (24 hours) could earn around $29,059 annually, which contrasts sharply with a full-time agent's earnings potential. Given the commission-based nature of this profession, most agents function as 1099 independent contractors, meaning per diem real estate agent pay in Suffolk is rare and usually aligns more closely with commission splits rather than a straightforward hourly rate. New agents, particularly in their first couple of years, can often find their effective hourly compensation falling below minimum wage when unpaid prospecting activities are considered. The difference in hourly rates is further influenced by the type of brokerage. Several national franchise brokerages may offer more stability, albeit at the cost of lower base pay, while local independents or luxury firms may provide opportunities with higher earning potential. Understanding these nuances can guide agents in navigating their career paths and negotiating effectively.
More salary data for Suffolk, VA:
Frequently Asked Questions
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Suffolk. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Suffolk is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov