Real Estate Agent Salary in Racine, WI: $58,231 (2026)
Quick Answer:A full-time real estate agent in Racine, WI earns a median $58,231/year (≈ $27.99/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Racine's price level (4% below national, BEA RPP 96.0), that paycheck buys what $60,682 would nationally. Nominal pay sits 0.0% above the Wisconsin state average.
Official BLS data · View source
In the evolving real estate market of Racine, Wisconsin, the 2026 projected median salary for agents stands at $58,231, reflecting a competitive edge over the national median of $53,622. This growth comes on the heels of the post-2024 NAR commission structure changes, fundamentally altering the way real estate professionals establish their earnings. Local agents can expect a salary range from $37,443 at the lower end to $92,233 for the highest earners, illustrating the diverse earning potential within this profession. These figures are based on 2025 BLS OEWS data, projected to 2026, and highlight Racine's unique market conditions that can influence income.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,443 | $18.01 |
| Lower Range (P25) | $45,279 | $21.77 |
| Median (P50)(typical) | $58,231 | $27.99 |
| Upper Range (P75) | $75,922 | $36.50 |
| Top Earners (P90) | $92,233 | $44.35 |
Median Salary Position
8.60% above the national average
2026 Salary Percentile Distribution in Racine
In Racine, WI, the real estate agent salary spread from the 10th to 90th percentile is $54,790 (2026 est.). At $58,231, the local median is 8.6% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Racine: You'd be in the lower-middle range
How Racine Real Estate Agent Pay Compares
Racine median: $58,231/year (2026)
| Compared To | Median Salary | Racine Pays |
|---|---|---|
| National Average | $53,622 | +8.60% more |
Real Estate Agents in Racine, WI earn a median of $58,231 per year (2026 est.), which is 8.60% higher than the national median of $53,622.
Cost-of-Living Adjusted Salary
Racine has a cost of living 4.04% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Racine, WI has a cost-of-living index of 95.961 (below the national average of 100). A real estate agent earning $58,231 nominally has purchasing power equivalent to $60,682 in an average-cost city — an effective 4.21% boost.
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2019 BLS Actual
$53,135
2025 BLS Actual
$57,370
2026 Current Est.
$58,231
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Racine (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $53,135 | Actual |
| 2020 | $55,600 | Actual |
| 2021 | $48,960 | Actual |
| 2022 | $41,440 | Actual |
| 2023 | $47,700 | Actual |
| 2024 | $49,650 | Actual |
| 2025 | $57,370 | Actual |
| 2026(current) | $58,231 | Estimated |
| 2027 | $59,104 | Projected |
Based on 7 years of BLS OEWS data for the Racine metropolitan area, the median real estate agent salary grew 8.0% from $53,135 (2019) to $57,370 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $59,104 by 2027 — a total increase of $5,969 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Racine 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $37,443 – $45,279 |
| 3-5 years (Mid Career) | $45,279 – $58,231 |
| 5+ years (Experienced) | $58,231 – $75,922 |
| 10+ years (Top Earner) | $75,922 – $92,233 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Racine
With approximately 90 real estate agents working in Racine, the job market remains steady, supported by a cost-of-living index of 95.961, which is below the national average. This index positively impacts take-home pay and purchasing power, allowing agents to retain more of their earnings. High-paying employers in the area often include major national franchise brokerages like Keller Williams and RE/MAX, which tend to offer robust commission structures. The disparity in compensation among agents results from several factors, including transaction volume, average sale prices, and individual commission splits. Agents who focus on high-value properties or specialty markets, like luxury or commercial real estate, are likely to command higher commissions. Maximizing pay in Racine could involve specializing in a niche market and actively building a referral network, essential strategies given the seismic shifts in commission structures following the NAR settlement. The potential for success in Racine's real estate landscape hinges not only on individual skill but also on adaptability to these market changes.
More salary data for Racine, 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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $57,370 for real estate agentsin the Racine metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 6-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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