Average Real Estate Brokers Salary in Southwest Virginia nonmetropolitan area
The average salary for Real Estate Brokerss in Southwest Virginia nonmetropolitan area is $61,190. While this is lower than the national average, the cost of living in Southwest Virginia nonmetropolitan area may offset the difference, preserving real purchasing power. Notably, Southwest Virginia nonmetropolitan area is a key hub for this profession, with a job concentration 1.24x higher than average.
Executive Summary
- Average Salary: $61,190 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,730.
- Outlook: The current demand for Real Estate Brokerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Southwest Virginia nonmetropolitan area economy.
Salary Overview
The average Real Estate Brokers in Southwest Virginia nonmetropolitan area earns-33.3%below the national average.
$29.4
$1,177
$5,099
Real Estate Brokers Salary Trends (2020-2024)
Historical trend data for Real Estate Brokers in Southwest Virginia nonmetropolitan area is limited, but current market signals indicate a stable demand environment.
Real Estate Brokers Salary Distribution in Southwest Virginia nonmetropolitan area
The earning potential for Real Estate Brokerss in Southwest 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 $38,100, while highly experienced professionals can command wages upwards of $87,730.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $38,100 | $18.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,893 | $22.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $54,990 | $26.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,488 | $36.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $87,730 | $42.2 |
Detailed Real Estate Brokers Market Analysis
Relocation Context
Nominal Salary
$61,190
Gross Pay
Real Wage (Purchasing Power)
$61,190
Adjusted for COL (100)
In Southwest Virginia nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $61,190 to $61,190.
Job Market Context
50
Total Jobs
0.397
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Southwest Virginia nonmetropolitan area has a slightly higher-than-average concentration of Real Estate Brokers roles compared to the national norm.
50 people work as Real Estate Brokers in Southwest Virginia nonmetropolitan area.
Only 0.397 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
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Real Estate Brokers Salary | $57,920↓ 5% | 41 mi |
Comparing salaries near Southwest Virginia nonmetropolitan area
Hiring Real Estate Brokerss?
Frequently Asked Questions
How much does a Real Estate Brokers make in Southwest Virginia nonmetropolitan area?
The median annual salary for a Real Estate Brokers in Southwest Virginia nonmetropolitan area is $61,190. This typically ranges from $38,100 for entry-level positions to $87,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Virginia nonmetropolitan area is 33.3% lower than the national median of $91,770.
Is Southwest Virginia nonmetropolitan area a good place for Real Estate Brokerss?
Yes, Southwest Virginia nonmetropolitan area is highly recommended due to strong job demand. While salaries are competitive ($61,190), the area is particularly notable for its high job density for Real Estate Brokerss. See distinct detailed breakdown below.
Is Southwest Virginia nonmetropolitan area a good place to live for Real Estate Brokers?
The Cost of Living Index in Southwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest 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 50 employees in the Southwest Virginia nonmetropolitan area area with a job density of 0.397 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Real Estate Brokers • Data source: BLS OEWS 2024 •Jobs in Southwest Virginia nonmetropolitan area