Real Estate Average Salaries in Richmond 2026
How much money does a person working in Real Estate make in Richmond?
LOW
44,800
CAD AVERAGE
118,000
CAD HIGH
208,000
CAD
A person working in Real Estate in Richmond typically earns around 118,000 CAD. Salaries range from 44,800 CAD (lowest average) to 208,000 CAD (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Real Estate domain in Richmond exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Real Estate Jobs Pay Scale and Salaries in Richmond
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Real Estate in Richmond range from 44,800 CAD (starting average salary) to 208,000 CAD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Real Estate is 109,000 CAD, implying that half of the workforce in Richmond earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Real Estate in Richmond earn less than 84,600 CAD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 130,000 CAD, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Real Estate in Richmond. The analysis revealed that roughly 65% of all reported salaries fell within the range of 59,000 CAD to 95,600 CAD. Approximately 20% of salaries were below the 59,000 CAD mark, while 10% ranged from 95,600 CAD to 112,000 CAD. Only 5% of individuals earned a gross salary of 112,000 CAD or higher.