Business & Finance Madison, WI Pop. 269,840

Real Estate Agent Salary in Madison, Wisconsin

The median real estate agent salary in Madison, WI is $52,030 per year, which is 0.0% above the national median and 8.7% above the Wisconsin state average.

City Median
$52,030
vs State Avg
+$4,162
vs National
+$0
Cost of Living
100%

Real Estate Agent Salary in Madison by Experience

In Madison, an entry-level real estate agent earns around $30,000, while experienced professionals earn up to $110,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$30,000
+$0 vs national
Mid Level (3-7 yrs)
$55,000
+$0 vs national
Senior Level (8+ yrs)
$110,000
+$0 vs national

Salary Percentiles in Madison, WI

Percentile Madison
10th Percentile $28,800
25th Percentile $35,400
Median (50th) $52,030
75th Percentile $76,200
90th Percentile $112,400

Real Estate Agent Salary in Other Wisconsin Cities

How to Become a Real Estate Agent in Madison

Education

Most real estate agent positions require a high school diploma. Madison and the surrounding Wisconsin area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Madison may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Madison

Browse open real estate agent positions in Madison, WI:

Frequently Asked Questions: Real Estate Agent Salary in Madison

How much does a Real Estate Agent make in Madison, WI?
The median real estate agent salary in Madison, Wisconsin is $52,030 per year, which is 0.0% above the national median of $52,030. Salaries range from $28,800 (10th percentile) to $112,400 (90th percentile).
How much does a Real Estate Agent make per hour in Madison?
Based on the median annual salary of $52,030, a real estate agent in Madison earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Madison compare to the Wisconsin state average for real estate agent pay?
Madison's median real estate agent salary of $52,030 is 8.7% above the Wisconsin state average of $47,868. The local cost of living index is 100% of the national average.
What is the cost of living in Madison, WI?
Madison has a cost of living index of 100% compared to the national average. This means a real estate agent salary of $52,030 in Madison has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Madison?
Most real estate agent positions in Madison require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.