Real Estate Brokers Salary in Milwaukee, WI

BLS Occupational Employment & Wage Statistics • May 2025 • Milwaukee-Waukesha, WI

Median annual salary $89,070 +23.2% vs national
Median hourly $42.82
10th percentile $60,830
90th percentile —
Employed locally 160
National median $72,280

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Real Estate Brokers
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Milwaukee, WI
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    Salary percentile breakdown

    10th
    $60,830
    25th
    $64,910
    50th (median)
    $89,070
    75th
    $158,090

    Milwaukee economic context

    Unemployment rate 3.20% 2024 annual avg • BLS LAUS
    Median household income $76,404 2023 • Census ACS
    Real Estate Brokers salary vs area income 117% Median Real Estate Brokers salary is 17% above 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
    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
    Madison, WI $63,690

    Related occupations in Milwaukee, WI

    OccupationMedian salary
    Retail Salespersons $33,650
    Cashiers $29,430
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products $71,410
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel $63,780
    First-Line Supervisors of Retail Sales Workers $49,080
    Securities, Commodities, and Financial Services Sales Agents $72,500

    Frequently asked questions

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

    The median hourly wage for Real Estate Brokers in Milwaukee, WI is $42.82, based on BLS OEWS 2025 data. Top earners (90th percentile) make $88.07 or more per hour.

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

    The median Real Estate Brokers salary in Milwaukee, WI is 23.2% above 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 Milwaukee?

    Entry-level Real Estate Brokers (10th percentile) earn around $60,830 per year in Milwaukee, WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $64,910.