Real Estate Agent Hourly Pay in Franklin, WI: $26.92 (2026)
Quick Answer:Hourly pay for a real estate agent working in Franklin, WI runs $26.92 at the median for 2026 — annualizing to $55,980 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Franklin's regional price level (BEA RPP 93.4, 7% below national), each hour of work buys what $28.82 nationally would. A 24-hour part-time schedule grosses $33,593 per year.
Based on BLS state-level estimates · View source
With an estimated median hourly rate of $26.92 in Franklin, Wisconsin, real estate agents can expect to earn slightly more than the national median of $25.78. This rate is particularly significant for part-time agents working about three days a week, as it allows for flexible scheduling in various work environments, whether that be at brokerage desks, during client showings, or while working remotely. The hourly pay range for real estate agents in Franklin varies widely: entry-level agents may start around $18.13, while top earners can command up to $41.72 per hour. These figures are derived from broader annual salary data and reflect the commission-driven nature of the profession, where income largely hinges on successful transactions and client interactions.
About the Franklin Market
Salary estimated from Wisconsin average ($58,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $18.13 | $145.02 |
| Lower Range (P25) | $20.51 | $164.11 |
| Median (P50) | $26.92 | $215.34 |
| Upper Range (P75) | $34.45 | $275.59 |
| Top Earners (P90) | $41.72 | $333.73 |
Estimated Annual Income by Work Schedule in Franklin
Based on $26.92/hr median hourly rate · 2026 est.
At $26.92/hr, a real estate agent working full-time (40 hr/wk) in Franklin, WI can expect to earn approximately $55,989 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $32,301. With a cost-of-living index of 93.40 (below the national average), these earnings stretch further in Franklin.
Hourly Rate Calculator
Schedule Comparison in Franklin
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,076.71 | $4,666 | $55,989 |
| Part-Time (24 hrs) | $646.03 | $2,799 | $33,593 |
| Per Diem (16 hrs) | $430.68 | $1,866 | $22,396 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Franklin) | $26.92 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Franklin, WI earn a median of $55,980 per year (2026 est.), which is 4.40% higher than the national median of $53,622 and 3.90% below the Wisconsin state average of $58,252.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $26.92/hr = $33,593/year (purchasing power: $35,967).
Working 40h/week (full-time) = $55,989/year (purchasing power: $59,945).
CoL index: 93.4 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$24.56/hr
2025 BLS Actual
$26.52/hr
2026 Current Est.
$26.92/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Franklin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $24.56/hr | Actual |
| 2020 | $24.62/hr | Actual |
| 2021 | $24.27/hr | Actual |
| 2022 | $25.09/hr | Actual |
| 2023 | $27.26/hr | Actual |
| 2024 | $25.04/hr | Actual |
| 2025 | $26.52/hr | Actual |
| 2026(current) | $26.92/hr | Estimated |
| 2027 | $27.32/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Franklin grew 8.0% from $24.56/hr (2019) to $26.52/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $27.32/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Franklin metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Franklin
For agents working part-time in Franklin, the annual take-home pay can significantly differ from their full-time counterparts. A real estate agent working three days a week for a total of approximately 24 hours might expect to make around $33,373 annually, contrasting with full-time agents who would see higher earnings proportional to the number of transactions completed. Additionally, the nature of per diem real estate agent pay in Franklin is largely reliant on commissions, making fixed hourly pay less common, especially in 1099 arrangements. Top performers can see hourly equivalents reaching $100-$300, while newer agents might find themselves earning below minimum wage when factoring in unpaid prospecting. The variance in hourly rates is also shaped by the type of brokerage platform, with national franchises, independent firms, and discount brokerages offering differing compensation structures and benefits. Some agents may opt for lower hourly commissions in exchange for job-related benefits, pointing to the necessity of strategic negotiation skills and an understanding of local market dynamics.
More salary data for Franklin, WI:
Frequently Asked Questions
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Franklin. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Franklin is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov