Real Estate Agent Salary in Radford, VA: $46,029 (2026)
Quick Answer:A full-time real estate agent in Radford, VA earns a median $46,029/year (≈ $22.13/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Radford's price level (3% above national, BEA RPP 103.2), that paycheck buys what $44,602 would nationally. Nominal pay sits 4.5% below the Virginia state average.
Based on BLS state-level estimates · View source
In Radford, Virginia, the projected median annual salary for real estate agents in 2026 stands at $46,029, showing a notable divergence from the national median of $53,622. With an anticipated salary range spanning from $29,949 at the lower end (P10) to $71,345 at the high end (P90), these figures are derived from state-level BLS data coupled with regional cost adjustments. This salary context illustrates the dynamics of the local real estate market, where transaction volumes and property values influence agent earnings. The number of transactions, particularly in an area with a fluctuating average sale price, significantly impacts how much real estate agents can truly earn, shaping the market for aspiring professionals in Radford.
About the Radford Market
Salary estimated from Virginia average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,949 | $14.40 |
| Lower Range (P25) | $37,137 | $17.85 |
| Median (P50)(typical) | $46,029 | $22.13 |
| Upper Range (P75) | $58,918 | $28.33 |
| Top Earners (P90) | $71,345 | $34.30 |
Median Salary Position
14.16% below the national average
2026 Salary Percentile Distribution in Radford
In Radford, VA, the real estate agent salary spread from the 10th to 90th percentile is $41,396 (2026 est.). At $46,029, the local median is 14.16% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Radford: You'd be in the lower-middle range
How Radford Real Estate Agent Pay Compares
Radford median: $46,029/year (2026)
| Compared To | Median Salary | Radford Pays |
|---|---|---|
| Virginia Average | $48,198 | -4.50% less |
| National Average | $53,622 | -14.16% less |
Real Estate Agents in Radford, VA earn a median of $46,029 per year (2026 est.), which is 14.16% lower than the national median of $53,622 and 4.50% below the Virginia state average of $48,198.
Cost-of-Living Adjusted Salary
Radford has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Radford, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $46,029 is competitive, the higher cost of living reduces purchasing power to an effective $44,602 — a 3.1% reduction.
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2019 BLS Actual
$42,001
2025 BLS Actual
$45,349
2026 Current Est.
$46,029
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Radford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,001 | Actual |
| 2020 | $42,096 | Actual |
| 2021 | $41,495 | Actual |
| 2022 | $42,903 | Actual |
| 2023 | $46,611 | Actual |
| 2024 | $67,119 | Actual |
| 2025 | $45,349 | Actual |
| 2026(current) | $46,029 | Estimated |
| 2027 | $46,720 | Projected |
Based on 7 years of BLS OEWS data for the Radford metropolitan area, the median real estate agent salary grew 8.0% from $42,001 (2019) to $45,349 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $46,720 by 2027 — a total increase of $4,719 (11.24%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Radford 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $29,949 – $37,137 |
| 3-5 years (Mid Career) | $37,137 – $46,029 |
| 5+ years (Experienced) | $46,029 – $58,918 |
| 10+ years (Top Earner) | $58,918 – $71,345 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Radford
The real estate job market in Radford is currently occupied by just six agents, which may seem limited but also signifies a niche opportunity, especially in a region with a cost-of-living index of 103.2, indicating a slightly higher expense than the national average. While the competitive landscape encompasses various employers—from national franchise brokerages like Keller Williams and RE/MAX to local independents—agents might find better compensation within established franchises, though it could vary based on commission splits. Factors like transaction volume, the price point of properties sold, and the evolving commission structures post-2024 NAR settlement will likely influence earnings. To maximize earning potential in Radford, agents should consider focusing on higher-end listings or commercial real estate, where commissions tend to be larger, while also taking into account the advantages of team dynamics versus solo operations in driving success.
More salary data for Radford, VA:
Frequently Asked Questions
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Related Pages
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $45,349 for real estate agentsin the Radford metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Radford 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