Real Estate Agent Salary in Virginia Beach, VA: $63,884 (2026)
Quick Answer:A full-time real estate agent in Virginia Beach, VA earns a median $63,884/year (≈ $30.71/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Virginia Beach's price level (2% below national, BEA RPP 97.9), that paycheck buys what $65,227 would nationally. Nominal pay sits 32.5% above the Virginia state average.
Official BLS data · View source
Real estate agents in Virginia Beach, VA, are projected to earn a median annual salary of $63,884 in 2026, significantly surpassing the national median of $53,622 by approximately 19.14%. This competitive compensation reflects the city's vibrant real estate market, characterized by a salary range from $37,301 at the 10th percentile to $111,538 at the 90th percentile. With data derived from official Bureau of Labor Statistics (BLS) surveys, it’s clear that the dynamics of transaction volume and average sales price greatly influence earnings potential. As such, Virginia Beach presents favorable conditions for agents to thrive, particularly with its robust housing demand and healthy commission structures.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,301 | $17.94 |
| Lower Range (P25) | $45,492 | $21.87 |
| Median (P50)(typical) | $63,884 | $30.71 |
| Upper Range (P75) | $81,119 | $39.01 |
| Top Earners (P90) | $111,538 | $53.62 |
Median Salary Position
19.14% above the national average
2026 Salary Percentile Distribution in Virginia Beach
In Virginia Beach, VA, the real estate agent salary spread from the 10th to 90th percentile is $74,237 (2026 est.). At $63,884, the local median is 19.14% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Virginia Beach: You'd be in the lower-middle range
How Virginia Beach Real Estate Agent Pay Compares
Virginia Beach median: $63,884/year (2026)
| Compared To | Median Salary | Virginia Beach Pays |
|---|---|---|
| Virginia Average | $48,214 | +32.50% more |
| National Average | $53,622 | +19.14% more |
Real Estate Agents in Virginia Beach, VA earn a median of $63,884 per year (2026 est.), which is 19.14% higher than the national median of $53,622 and 32.50% above the Virginia state average of $48,214.
Cost-of-Living Adjusted Salary
Virginia Beach has a cost of living 2.06% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Virginia Beach, VA has a cost-of-living index of 97.941 (below the national average of 100). A real estate agent earning $63,884 nominally has purchasing power equivalent to $65,227 in an average-cost city — an effective 2.1% boost.
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2019 BLS Actual
$51,120
2025 BLS Actual
$62,940
2026 Current Est.
$63,884
2019–2027 Growth
+26.8%
Salary Trajectory for Real Estate Agents in Virginia Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,120 | Actual |
| 2020 | $55,370 | Actual |
| 2021 | $59,380 | Actual |
| 2022 | $54,950 | Actual |
| 2023 | $56,110 | Actual |
| 2024 | $62,790 | Actual |
| 2025 | $62,940 | Actual |
| 2026(current) | $63,884 | Estimated |
| 2027 | $64,842 | Projected |
Based on 7 years of BLS OEWS data for the Virginia Beach metropolitan area, the median real estate agent salary grew 23.1% from $51,120 (2019) to $62,940 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $64,842 by 2027 — a total increase of $13,722 (26.84%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Virginia Beach 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) | $37,301 – $45,492 |
| 3-5 years (Mid Career) | $45,492 – $63,884 |
| 5+ years (Experienced) | $63,884 – $81,119 |
| 10+ years (Top Earner) | $81,119 – $111,538 |
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 Virginia Beach
The local job market for real estate agents remains strong, with approximately 1,140 professionals actively engaged in the field. A notable consideration for potential agents is the cost of living index in Virginia Beach, which stands at 97.941, indicating that expenses are below the national average, enhancing take-home purchasing power. Employers in this area, including major national franchise brokerages such as Keller Williams and RE/MAX, as well as local independent firms, often provide varying salary scales based on property type and market segment. Factors such as transaction volume, commission splits, and team memberships further contribute to the noted disparities in earnings. Agents aiming to maximize their pay should consider aligning with higher-commission firms, specializing in lucrative market niches, or developing referral networks to navigate the evolving compensation landscape in the aftermath of the post-2024 NAR commission settlement, thus ensuring they remain competitive in the dynamic Virginia Beach real estate scene.
More salary data for Virginia Beach, VA:
Frequently Asked Questions
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Can real estate agents make $100K in Virginia Beach?
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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 $62,940 for real estate agentsin the Virginia Beach 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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