Real Estate Brokers Salary in Madison, WI

BLS Occupational Employment & Wage Statistics • May 2025 • Madison, WI

Median annual salary $63,690 -11.9% vs national
Median hourly $30.62
10th percentile $63,690
90th percentile $63,690
Employed locally 260
National median $72,280

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Real Estate Brokers
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Madison, WI
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    Salary percentile breakdown

    10th
    $63,690
    25th
    $63,690
    50th (median)
    $63,690
    75th
    $63,690
    90th
    $63,690

    Madison economic context

    Unemployment rate 2.40% 2024 annual avg • BLS LAUS
    Median household income $86,827 2023 • Census ACS
    Real Estate Brokers salary vs area income 73% Median Real Estate Brokers salary is 27% below the area median household income

    Top-paying metros for Real Estate Brokers

    Metro areaMedian salary
    Des Moines-West Des Moines, IA $157,100
    Springfield, MA $123,090
    Iowa $116,920
    Massachusetts $112,180
    Boston-Cambridge-Newton, MA-NH $108,910
    Vallejo, CA $106,680

    Nearby metros — Real Estate Brokers salary comparison

    Metro areaMedian salary
    Milwaukee-Waukesha, WI $89,070
    Providence-Warwick, RI-MA $78,050
    Wichita, KS $69,990
    Minneapolis-St. Paul-Bloomington, MN-WI $66,310
    Wilmington, NC $64,110
    Wisconsin $63,690

    Related occupations in Madison, WI

    OccupationMedian salary
    Retail Salespersons$34,630
    Cashiers$30,930
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$63,990
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$64,140
    First-Line Supervisors of Retail Sales Workers$50,080
    Insurance Sales Agents$64,020

    Frequently asked questions

    How much do Real Estate Brokers make per hour in Madison?

    The median hourly wage for Real Estate Brokers in Madison, WI is $30.62, based on BLS OEWS 2025 data. Top earners (90th percentile) make $57.20 or more per hour.

    Is Madison above or below average for Real Estate Brokers salaries?

    The median Real Estate Brokers salary in Madison, WI is 11.9% below the national median of $72,280. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Real Estate Brokers in Madison?

    Entry-level Real Estate Brokers (10th percentile) earn around $63,690 per year in Madison, WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $63,690.