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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.
2024 Market Data

Salary Overview

$124,550

The average Real Estate Brokers in Milwaukee-Waukesha, WI earns+35.7%above the national average.

BreakdownBased on 40h/week
Hourly

$59.9

Weekly

$2,395

Monthly

$10,379

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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.