Real Estate Brokers pay range in Madison
New workers and the lowest-paid 10% earn about $61,430 a year or less, while the top 10% make $118,980 or more. The middle half of real estate brokers in Madison earn between $65,620 and $87,670.
- $61K10th
- $66K25th
- $67KMedian
- $88K75th
- $119K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,910 | $7,076 | $40.82 |
| Median | $66,680 | $5,557 | $32.06 |
| Entry level (25th percentile) | $65,620 | $5,468 | $31.55 |
| Experienced (75th percentile) | $87,670 | $7,306 | $42.15 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Real Estate Brokers pay in Madison vs. Wisconsin and the U.S.
Real estate brokers in Madison earn about the same as the U.S. average ($83,950). At the median the gap is -9% against the U.S. median of $73,220.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Madison | $84,910 | $66,680 | $61,430 | $118,980 | n/a |
| United States | $83,950 | $73,220 | $37,110 | $143,300 | 46,100 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Real Estate Brokers salary after taxes in Madison
On the average salary of $84,910, a single filer in Madison takes home about $65,032 a year, or $5,419 a month and $2,501 every two weeks. Taxes take 23% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Madison a good place for real estate brokers? Pay vs. cost of living
Prices in the Madison area are 3% below the U.S. average (BEA price parity 97.3), so the average $84,910 buys what about $87,278 would buy in a typical U.S. metro. This job pays 1.1 times the median wage of all jobs in Madison ($58,080). A typical home costs $452,769, or 5.3 years of this average salary before tax.
Real Estate Brokers salary in other Wisconsin cities
Madison ranks 2nd of 2 Wisconsin metro areas for this job; Milwaukee pays the most ($137,160).
- Milwaukee$137,160
- Madison$84,910
Highest-paying cities for real estate brokers
Milwaukee, WI pays this job the most of the metro areas we cover ($137,160).
- Milwaukee, WI$137,160
- Durham, NC$134,280
- Charlotte, NC$126,750
- Los Angeles, CA$115,770
- Providence, RI$114,000
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Real Estate Brokers salary in Madison: questions
How much do real estate brokers make an hour in Madison?
$40.82 an hour on average, and $32.06 at the median (BLS, May 2025).
What is the entry-level real estate brokers salary in Madison?
The lowest-paid 10% earn about $61,430 a year and the 25th percentile is $65,620, a fair guide to starting pay.
What is the real estate brokers take-home pay in Madison?
About $65,032 a year ($5,419 a month) for a single filer on the average salary of $84,910.
Do real estate brokers earn more in Madison than elsewhere?
The average here is about the same as the U.S. average for this job ($83,950).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 41-9021; area Madison, WI (31540). Relative standard error of the mean wage: 24.7%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
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