Real Estate Agent Salary in South Milwaukee, WI: $55,322 (2026)
Quick Answer:A full-time real estate agent in South Milwaukee, WI earns a median $55,322/year (≈ $26.59/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in South Milwaukee's price level (7% below national, BEA RPP 93.4), that paycheck buys what $59,231 would nationally. Nominal pay sits 5.0% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In South Milwaukee, WI, the projected median annual salary for a real estate agent in 2026 is $55,322, surpassing the national median of $53,622 by 3.17%. The salary range for agents in the area spans from $35,595 at the 10th percentile to $85,748 at the 90th percentile, highlighting considerable pay disparities influenced by factors like market specialization and commission structures. These estimates, derived from 2025 BLS data and adjusted for regional cost variations, offer a snapshot of what agents can expect in terms of compensation as they navigate diverse roles, from team-based operations in prominent franchise firms to independent ventures with varying client bases. As the market evolves, understanding these dynamics will prove essential for agents formulating career strategies in South Milwaukee.
About the South Milwaukee Market
Salary estimated from Wisconsin average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $35,595 | $17.11 |
| Lower Range (P25) | $41,995 | $20.19 |
| Median (P50)(typical) | $55,322 | $26.59 |
| Upper Range (P75) | $70,811 | $34.04 |
| Top Earners (P90) | $85,748 | $41.23 |
Median Salary Position
3.17% above the national average
2026 Salary Percentile Distribution in South Milwaukee
In South Milwaukee, WI, the real estate agent salary spread from the 10th to 90th percentile is $50,153 (2026 est.). At $55,322, the local median is 3.17% above the national median of $53,622.
Salary Calculator
At 40 hours/week in South Milwaukee: You'd be in the lower-middle range
How South Milwaukee Real Estate Agent Pay Compares
South Milwaukee median: $55,322/year (2026)
| Compared To | Median Salary | South Milwaukee Pays |
|---|---|---|
| Wisconsin Average | $58,233 | -5.00% less |
| National Average | $53,622 | +3.17% more |
Real Estate Agents in South Milwaukee, WI earn a median of $55,322 per year (2026 est.), which is 3.17% higher than the national median of $53,622 and 5.00% below the Wisconsin state average of $58,233.
Cost-of-Living Adjusted Salary
South Milwaukee has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
South Milwaukee, WI has a cost-of-living index of 93.4 (below the national average of 100). A real estate agent earning $55,322 nominally has purchasing power equivalent to $59,231 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$50,480
2025 BLS Actual
$54,504
2026 Current Est.
$55,322
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in South Milwaukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $50,480 | Actual |
| 2020 | $50,594 | Actual |
| 2021 | $49,872 | Actual |
| 2022 | $51,564 | Actual |
| 2023 | $56,021 | Actual |
| 2024 | $51,466 | Actual |
| 2025 | $54,504 | Actual |
| 2026(current) | $55,322 | Estimated |
| 2027 | $56,151 | Projected |
Based on 7 years of BLS OEWS data for the South Milwaukee metropolitan area, the median real estate agent salary grew 8.0% from $50,480 (2019) to $54,504 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $56,151 by 2027 — a total increase of $5,671 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Milwaukee 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) | $35,595 – $41,995 |
| 3-5 years (Mid Career) | $41,995 – $55,322 |
| 5+ years (Experienced) | $55,322 – $70,811 |
| 10+ years (Top Earner) | $70,811 – $85,748 |
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 South Milwaukee
While there are only six real estate agents employed locally, this small cohort hints at a niche market where dynamics can significantly affect pay. With a cost-of-living index of 93.4, agents enjoy a slightly more affordable environment compared to national averages, which can positively impact their disposable income. Among the opportunities available, national franchises like Keller Williams and RE/MAX typically offer higher compensation packages, particularly for those who align with lucrative team structures that optimize commission splits. The ongoing shifts in the commission landscape following the post-2024 NAR settlement may create further variability in income potential. To maximize their earnings, agents in South Milwaukee should consider focusing on high-volume transactions, leveraging referral networks, and opting for roles within larger brokerages or team environments where support and commission efficiencies can significantly enhance overall real estate agent pay in South Milwaukee, WI.
More salary data for South Milwaukee, WI:
Frequently Asked Questions
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Related Pages
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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 $54,504 for real estate agentsin the South Milwaukee 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
Salary data for South Milwaukee 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