Real Estate Agent Salary in Danville, VA: $47,128 (2026)
Quick Answer:A full-time real estate agent in Danville, VA earns a median $47,128/year (≈ $22.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Danville's price level (3% above national, BEA RPP 103.2), that paycheck buys what $45,667 would nationally. Nominal pay sits 2.2% below the Virginia state average.
Based on BLS state-level estimates · View source
In 2026, real estate agents in Danville, Virginia, can expect a median annual salary of $47,128, reflecting the unique dynamics of the local market compared to the national median of $53,622. The projected salary range for agents in this city spans from $29,174 at the 10th percentile to $73,050 at the 90th percentile. These local estimates, derived from 2025 BLS data and adjusted for regional cost of living, highlight the varying potential for income based on the structural choices agents make. The decision between working independently, joining a team, or focusing on commercial real estate can significantly impact earnings, as each structure comes with different commission splits and involvement levels in transaction volume.
About the Danville Market
Salary estimated from Virginia average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,174 | $14.03 |
| Lower Range (P25) | $35,061 | $16.86 |
| Median (P50)(typical) | $47,128 | $22.65 |
| Upper Range (P75) | $60,324 | $29.00 |
| Top Earners (P90) | $73,050 | $35.12 |
Median Salary Position
12.11% below the national average
2026 Salary Percentile Distribution in Danville
In Danville, VA, the real estate agent salary spread from the 10th to 90th percentile is $43,876 (2026 est.). At $47,128, the local median is 12.11% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Danville: You'd be in the lower-middle range
How Danville Real Estate Agent Pay Compares
Danville median: $47,128/year (2026)
| Compared To | Median Salary | Danville Pays |
|---|---|---|
| Virginia Average | $48,189 | -2.20% less |
| National Average | $53,622 | -12.11% less |
Real Estate Agents in Danville, VA earn a median of $47,128 per year (2026 est.), which is 12.11% lower than the national median of $53,622 and 2.20% below the Virginia state average of $48,189.
Cost-of-Living Adjusted Salary
Danville has a cost of living 3.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Danville, VA has a cost-of-living index of 103.2 (above the national average of 100). While the nominal salary of $47,128 is competitive, the higher cost of living reduces purchasing power to an effective $45,667 — a 3.1% reduction.
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2019 BLS Actual
$43,004
2025 BLS Actual
$46,432
2026 Current Est.
$47,128
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Danville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $43,004 | Actual |
| 2020 | $43,101 | Actual |
| 2021 | $42,486 | Actual |
| 2022 | $43,927 | Actual |
| 2023 | $47,724 | Actual |
| 2024 | $68,613 | Actual |
| 2025 | $46,432 | Actual |
| 2026(current) | $47,128 | Estimated |
| 2027 | $47,835 | Projected |
Based on 7 years of BLS OEWS data for the Danville metropolitan area, the median real estate agent salary grew 8.0% from $43,004 (2019) to $46,432 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,835 by 2027 — a total increase of $4,831 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Danville 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) | $29,174 – $35,061 |
| 3-5 years (Mid Career) | $35,061 – $47,128 |
| 5+ years (Experienced) | $47,128 – $60,324 |
| 10+ years (Top Earner) | $60,324 – $73,050 |
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 Danville
Analyzing the job market in Danville reveals that only seven real estate agents are currently employed, indicating a niche yet competitive environment. With a cost-of-living index of 103.2, agents must remain mindful of how their earnings translate into real purchasing power. Among local employers, national franchise brokerages tend to offer the highest pay, making them attractive options for agents seeking better compensation. The variability in salaries arises from factors such as transaction volume, average sale prices, and the commission splits agents negotiate with brokerages. Agents aiming to maximize their pay in Danville should consider leveraging specializations—like luxury or commercial real estate—while adapting to the shifts post-2024 NAR commission settlement, which could redefine traditional commission structures. By aligning their strategies with market needs, agents can position themselves for increased earnings in this evolving landscape.
More salary data for Danville, 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
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 $46,432 for real estate agentsin the Danville 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 Danville 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