The annual salary statistics of real estate brokers in Milwaukee-Waukesha-West Allis, Wisconsin is shown in Table 1. The wage statistics of real estate brokers in Milwaukee-Waukesha-West Allis is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $52,430 |
| 25th Percentile Wage | $79,530 |
| 50th Percentile Wage | $111,960 |
| 75th Percentile Wage | $173,010 |
| 90th Percentile Wage | $129,650 |
Table 1 shows the average annual salary for real estate brokers in Milwaukee-Waukesha-West Allis, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $129,650. The median (50th percentile) annual salary is $111,960. The average annual salary for the bottom 10 percent earners is $52,430.
The table and chart below show the trend of the median salary of real estate brokers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 9-Year Growth |
|---|---|---|---|
| 2022 | $111,960 | 23.56% | 44.45% |
| 2021 | $85,580 | 17.75% | - |
| 2020 | $70,390 | 6.92% | - |
| 2019 | $65,520 | -91.91% | - |
| 2015 | $125,740 | 46.17% | - |
| 2014 | $67,680 | 8.11% | - |
| 2013 | $62,190 | - | - |
From Table 3 we note that with a median annual salary of $111,960, Milwaukee-Waukesha-West Allis is the highest paying city for real estate brokers in state of Wisconsin, followed by South Central Wisconsin nonmetropolitan area (median annual salary $86,250). In comparison, the median annual salary of real estate brokers in Milwaukee-Waukesha-West Allis is 23.0 percent (23.0%) higher than that in South Central Wisconsin nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Milwaukee-Waukesha-West Allis | |
| South Central Wisconsin nonmetropolitan area | |
| Madison | |
| Eau Claire | |
| Janesville | |
| Minneapolis-St Paul-Bloomington | |
| Lake County-Kenosha County | |
| Duluth | |
| Green Bay | |
| West Central Wisconsin nonmetropolitan area | |
| Eastern Wisconsin nonmetropolitan area |