Average Real Estate Brokers Salary in Milwaukee-Waukesha, WI
Yes, Milwaukee-Waukesha, WI is a highly lucrative market for Real Estate Brokerss. With an average annual salary of $124,550, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $124,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $186,825.
- Outlook: The current demand for Real Estate Brokerss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Milwaukee-Waukesha, WI economy.
Salary Overview
The average Real Estate Brokers in Milwaukee-Waukesha, WI earns+35.7%above the national average.
$59.9
$2,395
$10,379
Real Estate Brokers Salary Trends (2020-2024)
Historical trend data for Real Estate Brokers in Milwaukee-Waukesha, WI is limited, but current market signals indicate a stable demand environment.
Real Estate Brokers Salary Distribution in Milwaukee-Waukesha, WI
The earning potential for Real Estate Brokerss in Milwaukee-Waukesha, WI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $60,830, while highly experienced professionals can command wages upwards of $186,825.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $60,830 | $29.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $93,413 | $44.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $89,070 | $42.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $155,688 | $74.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $186,825 | $89.8 |
Detailed Real Estate Brokers Market Analysis
Relocation Context
Nominal Salary
$124,550
Gross Pay
Real Wage (Purchasing Power)
$124,550
Adjusted for COL (100)
In Milwaukee-Waukesha, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $124,550 to $124,550.
Job Market Context
160
Total Jobs
0.195
Per 1K Jobs
0.6
Location Quotient
Milwaukee-Waukesha, WI has 0.60x the national average concentration of Real Estate Brokers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
160 people work as Real Estate Brokers in Milwaukee-Waukesha, WI.
Only 0.195 out of every 1,000 local jobs are Real Estate Brokers roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Real Estate Brokerss?
Frequently Asked Questions
How much does a Real Estate Brokers make in Milwaukee-Waukesha, WI?
The median annual salary for a Real Estate Brokers in Milwaukee-Waukesha, WI is $124,550. This typically ranges from $60,830 for entry-level positions to $186,825 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 35.7% higher than the national median of $91,770.
Is Milwaukee-Waukesha, WI a good place for Real Estate Brokerss?
Yes, Milwaukee-Waukesha, WI is financially attractive for Real Estate Brokerss. The average salary of $124,550 exceeds the national average. See distinct detailed breakdown below.
Is Milwaukee-Waukesha, WI a good place to live for Real Estate Brokers?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Milwaukee-Waukesha, WI area with a job density of 0.195 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Real Estate Brokers • Data source: BLS OEWS 2024 •Jobs in Milwaukee-Waukesha, WI