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Average Real Estate Brokers Salary in Northwest Virginia nonmetropolitan area

The average salary for Real Estate Brokerss in Northwest Virginia nonmetropolitan area is $70,970. While this is lower than the national average, the cost of living in Northwest Virginia nonmetropolitan area may offset the difference, preserving real purchasing power. Notably, Northwest Virginia nonmetropolitan area is a key hub for this profession, with a job concentration 2.93x higher than average.

Executive Summary

  • Average Salary: $70,970 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,220.
  • Outlook: The current demand for Real Estate Brokerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Northwest Virginia nonmetropolitan area economy.
2024 Market Data

Salary Overview

$70,970

The average Real Estate Brokers in Northwest Virginia nonmetropolitan area earns-22.7%below the national average.

BreakdownBased on 40h/week
Hourly

$34.1

Weekly

$1,365

Monthly

$5,914

Real Estate Brokers Salary Distribution in Northwest Virginia nonmetropolitan area

The earning potential for Real Estate Brokerss in Northwest Virginia nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $39,520, while highly experienced professionals can command wages upwards of $98,220.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$39,520$19
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$53,228$25.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$72,610$34.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$88,713$42.7
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$98,220$47.2

Detailed Real Estate Brokers Market Analysis

Relocation Context

Nominal Salary

$70,970

Gross Pay

Real Wage (Purchasing Power)

$70,970

Adjusted for COL (100)

In Northwest Virginia nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $70,970 to $70,970.

Job Market Context

60

Total Jobs

0.944

Per 1K Jobs

2.93

Location Quotient

Major Hub

Northwest Virginia nonmetropolitan area has 2.9x the national concentration of Real Estate Brokers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

60 people work as Real Estate Brokers in Northwest Virginia nonmetropolitan area.

Only 0.944 out of every 1,000 local jobs are Real Estate Brokers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Real Estate Brokers

CitySalaryDist.
Richmond, VA Real Estate Brokers Salary$57,920 18%41 mi

Comparing salaries near Northwest Virginia nonmetropolitan area

Hiring Real Estate Brokerss?

Frequently Asked Questions

How much does a Real Estate Brokers make in Northwest Virginia nonmetropolitan area?

The median annual salary for a Real Estate Brokers in Northwest Virginia nonmetropolitan area is $70,970. This typically ranges from $39,520 for entry-level positions to $98,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Virginia nonmetropolitan area is 22.7% lower than the national median of $91,770.

Is Northwest Virginia nonmetropolitan area a good place for Real Estate Brokerss?

Yes, Northwest Virginia nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($70,970), the area is particularly notable for its high job density for Real Estate Brokerss. See distinct detailed breakdown below.

Is Northwest Virginia nonmetropolitan area a good place to live for Real Estate Brokers?

The Cost of Living Index in Northwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Virginia nonmetropolitan area?

Some top paying nearby cities include Richmond, VA ($57,920) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Northwest Virginia nonmetropolitan area area with a job density of 0.944 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.