Real Estate Agent Salary in Milwaukee, WI — 2026 Guide
Estimated salaries are adjusted for Milwaukee's cost of living (index: 90). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Real Estate Agent Salary in Milwaukee — Key Numbers
Cost of Living in Milwaukee
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Milwaukee
Milwaukee has a metro population of 1,590,000, offering a sizeable job market with strong opportunities across key sectors. The 4.6% unemployment rate is near the national average.
Financial Calculators for Milwaukee
Other Professions in Milwaukee
Real Estate Agent Salary — Other Wisconsin Cities
Frequently Asked Questions
How much does a Real Estate Agent make in Milwaukee, WI?
The estimated median salary for a Real Estate Agent in Milwaukee is $48,870 per year (2026). This is derived from the national BLS median of $54,300 adjusted by Milwaukee's cost of living index (90). The typical salary range runs from $28,872 (25th percentile) to $84,024 (75th percentile), with top earners reaching $143,298.
Is Milwaukee affordable for a Real Estate Agent?
On a $48,870 annual salary, a Real Estate Agent in Milwaukee would spend approximately 29.3% of gross monthly income on median rent ($1,195/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $225,000 is 4.6× the annual salary.
How does a Real Estate Agent's salary compare to Milwaukee's overall income?
Milwaukee's median household income is $56,400. A Real Estate Agent earning the city-adjusted median of $48,870 earns 13.4% less than the typical Milwaukee household income. This may reflect that the profession is entry-level or that Milwaukee has a particularly high median household income due to high-earning industries.
Explore More Salary Data
Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.