Real Estate Brokers Salary in Madison, WI
Real Estate Brokers in Madison, WI make a median of $63,690 a year, or about $30.62 an hour. The range runs from $64K at the entry level to $64K for experienced workers. Adjusted for local prices (RPP 97.29), that's roughly $65,464 in purchasing power. Rent on a 2-bedroom averages $1,168/month, or 27.9% of estimated take-home pay.
So what does $64K get you in Madison?
Groceries, utilities, transportation, and healthcare scaled from national averages by Madison’s Regional Price Parity (97.29). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About real estate brokers
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Compensation breakdown
Annual earnings by percentile, Madison, WI
Entry-level real estate brokers (10th percentile) start around $64K. Mid-career wages sit at $64K. Top earners bring in $64K or more, a $0 spread from bottom to top.
Real Estate Brokers pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Iowa | $117K | +62% | 740 |
| Massachusetts | $112K | +55% | N/A |
| New York | $94K | +30% | N/A |
| New Jersey | $93K | +29% | N/A |
| Connecticut | $91K | +26% | N/A |
| Nevada | $87K | +20% | 310 |
| Maryland | $83K | +14% | N/A |
| Vermont | $82K | +14% | N/A |
| California | $82K | +14% | 7,250 |
| Washington | $81K | +13% | 110 |
| Utah | $81K | +12% | 400 |
| New Mexico | $78K | +8% | 290 |
| Indiana | $76K | +6% | 840 |
| Pennsylvania | $75K | +4% | 1,100 |
| Oregon | $71K | -2% | 1,620 |
| North Dakota | $71K | -2% | N/A |
| Delaware | $68K | -5% | N/A |
| Texas | $67K | -8% | 3,370 |
| Tennessee | $67K | -8% | 550 |
| Minnesota | $66K | -8% | 1,090 |
| Kentucky | $64K | -11% | 150 |
| Arkansas | $64K | -12% | N/A |
| Wisconsin | $64K | -12% | 710 |
| Florida | $63K | -12% | N/A |
| North Carolina | $63K | -13% | 1,330 |
| Alabama | $62K | -14% | 450 |
| Alaska | $60K | -17% | 220 |
| Montana | $59K | -18% | 310 |
| Missouri | $59K | -19% | 1,580 |
| Michigan | $59K | -19% | 660 |
| Virginia | $56K | -23% | 1,580 |
| Illinois | $55K | -24% | 1,620 |
| Arizona | $54K | -25% | N/A |
| South Carolina | $54K | -25% | 1,490 |
| Maine | $53K | -26% | N/A |
| Nebraska | $47K | -35% | 350 |
| Hawaii | $47K | -35% | N/A |
| Ohio | $46K | -37% | 400 |
| Mississippi | $44K | -40% | 70 |
| West Virginia | $44K | -40% | 140 |
| Kansas | $41K | -43% | 460 |
Showing 1–10 of 41 states
BLS does not publish data for every state when sample sizes are too small
Track real estate brokers salary changes
BLS updates this data quarterly. We'll email you when Madison numbers change.
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Frequently asked questions
How much do real estate brokers make in Madison, WI?
The median is $63,690 a year, that works out to about $31 an hour. But the range is wide: entry-level workers start around $63,690, and experienced real estate brokers can clear $63,690. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $64K enough to live in Madison?
On that salary, you'd take home roughly $4,239/month after taxes. A 2-bedroom here rents for about $1,168/month, which eats 27.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a real estate brokers salary go in Madison?
Madison has a Regional Price Parity of 97.29 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median real estate brokers salary is worth about $65,464 in national-average purchasing power.
Where do real estate brokers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.