Business & Finance Chesapeake, VA Pop. 249,422

Real Estate Agent Salary in Chesapeake, Virginia

The median real estate agent salary in Chesapeake, VA is $53,591 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.

City Median
$53,591
vs State Avg
$-3,122
vs National
+$1,561
Cost of Living
98%

Real Estate Agent Salary in Chesapeake by Experience

In Chesapeake, an entry-level real estate agent earns around $30,900, while experienced professionals earn up to $113,300 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$30,900
+$900 vs national
Mid Level (3-7 yrs)
$56,650
+$1,650 vs national
Senior Level (8+ yrs)
$113,300
+$3,300 vs national

Salary Percentiles in Chesapeake, VA

Percentile Chesapeake
10th Percentile $29,664
25th Percentile $36,462
Median (50th) $53,591
75th Percentile $78,486
90th Percentile $115,772

Real Estate Agent Salary in Other Virginia Cities

How to Become a Real Estate Agent in Chesapeake

Education

Most real estate agent positions require a high school diploma. Chesapeake and the surrounding Virginia area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Chesapeake may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Chesapeake

Browse open real estate agent positions in Chesapeake, VA:

Frequently Asked Questions: Real Estate Agent Salary in Chesapeake

How much does a Real Estate Agent make in Chesapeake, VA?
The median real estate agent salary in Chesapeake, Virginia is $53,591 per year, which is 3.0% above the national median of $52,030. Salaries range from $29,664 (10th percentile) to $115,772 (90th percentile).
How much does a Real Estate Agent make per hour in Chesapeake?
Based on the median annual salary of $53,591, a real estate agent in Chesapeake earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Chesapeake compare to the Virginia state average for real estate agent pay?
Chesapeake's median real estate agent salary of $53,591 is 5.5% below the Virginia state average of $56,713. The local cost of living index is 98% of the national average.
What is the cost of living in Chesapeake, VA?
Chesapeake has a cost of living index of 98% compared to the national average. This means a real estate agent salary of $53,591 in Chesapeake has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Chesapeake?
Most real estate agent positions in Chesapeake require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.