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Real Estate Degree in Norfolk, VA — Salary & ROI 2026

Real Estate degree analysis for Norfolk, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$47K

COL-adjusted

Mid-Career

$84K

COL-adjusted

ROI Payback

5.7 yrs

in Norfolk

Cost of Living

93

index (100 = avg)

Real Estate in Norfolk, VA Overview

Norfolk, Virginia (pop. 238,005) has 16 colleges offering Real Estate programs. The local cost of living index of 93 is near the national average, with average rent near campus at $956/month. Real Estate enrollment is stable nationwide, with steady demand for graduates skilled in Property Valuation and Investment Analysis. The adjusted starting salary in Norfolk is approximately $46,500, growing to $83,700 by mid-career.

Category

Business

Local Colleges

16

Public Tuition

$10,571/yr

Private Tuition

$25,348/yr

Room & Board

$9,443/yr

Avg Fin. Aid

$15,816/yr

Unemployment

4.6%

Graduation Rate

49%

Real Estate Salary in Norfolk (COL-Adjusted)

Salaries adjusted for Norfolk's cost of living index of 93 (national average = 100).

Entry Level (0-2 yrs)
$46,500($-3,500 vs national)
Mid Career (5-9 yrs)
$83,700($-6,300 vs national)
Senior Level (15+ yrs)
$116,250($-8,750 vs national)

Note: National average Real Estate salary: $50,000 starting, $90,000 mid-career, $125,000 senior level.Norfolk adjustment factor: 0.93x based on the local cost of living index.

Real Estate ROI Calculator for Norfolk

Estimate your return on investment for a Real Estate degree using local Norfolk tuition and cost of living data.

Public avg: $10,571 | Private avg: $25,348

Norfolk avg aid: $15,816/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$80,056

tuition + room & board - aid

Annual Earnings Premium

$13,950

vs HS diploma in Norfolk

ROI Payback Period

5.7 years

to break even

Lifetime Return in Norfolk

$570,944

Lifetime earnings premium ($651,000) minus total education cost ($80,056)

Student Loan Payoff for Real Estate in Norfolk

Standard Plan (10 years)

Loan Amount$80,056
Monthly Payment$909
Total Interest$29,026
% of Monthly Income23%

Aggressive Plan (5 years)

Loan Amount$80,056
Monthly Payment$1,566
Total Interest$13,927
Interest Savings$15,099

Colleges in Norfolk for Real Estate

Old Dominion University

public

$11,210/yr

$44,840 total

Norfolk State University

public

$9,932/yr

$39,728 total

Community Colleges (2-Year Transfer)

Tidewater Community College Norfolk

$5,340/yr

Top Employers for Real Estate in Norfolk

Norfolk offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Real Estate graduates. National top employers in this field include:

CBREJLLCushman & WakefieldBrookfieldPrologis

Key Norfolk Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Real Estate Job Titles

Real Estate AnalystProperty ManagerCommercial Broker

Real Estate Degree in Norfolk — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Real Estate ROI in other cities, or explore other majors in Norfolk.

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