Real Estate Agent Hourly Pay in Radford, VA: $22.13 (2026)
Quick Answer:Hourly pay for a real estate agent working in Radford, VA runs $22.13 at the median for 2026 — annualizing to $46,029 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Radford's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $21.44 nationally would. A 24-hour part-time schedule grosses $27,614 per year.
Based on BLS state-level estimates · View source
In Radford, Virginia, the real estate agent hourly pay is projected to be $22.13 in 2026, which falls below the national hourly median of $25.78. This disparity can impact the earning potential for part-time agents working three days a week, as they would take home earnings reflective of their reduced hours. A typical agent may spend time in brokerage office settings, meet clients for property tours and showings, and prepare for listing presentations or closings. In this context, the hourly pay range for real estate agents in Radford runs from approximately $14.40 at entry-level positions to as high as $34.30 for top earners. It’s essential to note that these hourly rates are estimated based on annual salary data and reflect the commission structure that dominates the industry.
About the Radford 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) | $14.40 | $115.22 |
| Lower Range (P25) | $17.85 | $142.83 |
| Median (P50) | $22.13 | $177.02 |
| Upper Range (P75) | $28.33 | $226.63 |
| Top Earners (P90) | $34.30 | $274.37 |
Estimated Annual Income by Work Schedule in Radford
Based on $22.13/hr median hourly rate · 2026 est.
At $22.13/hr, a real estate agent working full-time (40 hr/wk) in Radford, VA can expect to earn approximately $46,024 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,552. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Radford.
Hourly Rate Calculator
Schedule Comparison in Radford
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $885.08 | $3,835 | $46,024 |
| Part-Time (24 hrs) | $531.05 | $2,301 | $27,614 |
| Per Diem (16 hrs) | $354.03 | $1,534 | $18,410 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Radford) | $22.13 |
| 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 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.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.13/hr = $27,614/year (purchasing power: $26,758).
Working 40h/week (full-time) = $46,024/year (purchasing power: $44,597).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$20.19/hr
2025 BLS Actual
$21.80/hr
2026 Current Est.
$22.13/hr
2019–2027 Growth
+11.2%
Hourly Rate 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 | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.19/hr | Actual |
| 2020 | $20.24/hr | Actual |
| 2021 | $19.95/hr | Actual |
| 2022 | $20.62/hr | Actual |
| 2023 | $22.41/hr | Actual |
| 2024 | $32.27/hr | Actual |
| 2025 | $21.80/hr | Actual |
| 2026(current) | $22.13/hr | Estimated |
| 2027 | $22.46/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Radford grew 8.0% from $20.19/hr (2019) to $21.80/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.46/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 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.
Working as an Hourly Real Estate Agent in Radford
Looking beyond hourly rates, part-time real estate professionals working 24 hours a week may face a stark difference in annual income when compared to their full-time counterparts. Particularly in Radford, the commission-based nature of the industry—especially since the 2024 NAR commission settlement—affects how agents earn. Those starting new often find themselves in a challenging financial position as they build their client lists and may earn less than the minimum wage when accounting for unpaid time spent on prospecting. Different employment models also create a varied earnings landscape; agents with national franchises might earn differently than those with local independent or fee-based brokerages. Team dynamics can offer stability and benefits, contrasting with higher pay but no health insurance available through independent arrangements. Real estate agents in Radford should strategically navigate their commission splits, highlighting the trade-off between hourly rates and the benefits that come with more structured employment.
More salary data for Radford, 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 Radford. 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 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