Real Estate Agent Salary in Franklin, WI: $55,980 (2026)
Quick Answer:A full-time real estate agent in Franklin, WI earns a median $55,980/year (≈ $26.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Franklin's price level (7% below national, BEA RPP 93.4), that paycheck buys what $59,936 would nationally. Nominal pay sits 3.9% below the Wisconsin state average.
Based on BLS state-level estimates · View source
In 2026, the real estate agent salary in Franklin, WI reaches a median of $55,980, showcasing a competitive pay structure in comparison to the national figure of $53,622. For agents in this area, salaries generally fall within a range from $37,712 at the 10th percentile to $86,769 at the 90th percentile, reflecting diverse earning potentials largely influenced by whether agents operate independently, as part of a team, or focus on commercial real estate. These estimates are derived from 2025 BLS data, adjusted for regional cost-of-living factors, with salary variations stemming from the distinct commission structures commonly found in different brokerages. The current real estate climate in Franklin suggests that both solo practitioners and team-based agents are aligning their strategies toward the shifting norms in commission compensation following major industry changes, particularly after the post-2024 NAR commission settlement.
About the Franklin Market
Salary estimated from Wisconsin average ($58,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $37,712 | $18.13 |
| Lower Range (P25) | $42,661 | $20.51 |
| Median (P50)(typical) | $55,980 | $26.92 |
| Upper Range (P75) | $71,655 | $34.45 |
| Top Earners (P90) | $86,769 | $41.72 |
Median Salary Position
4.40% above the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, WI, the real estate agent salary spread from the 10th to 90th percentile is $49,057 (2026 est.). At $55,980, the local median is 4.4% above the national median of $53,622.
Salary Calculator
At 40 hours/week in Franklin: You'd be in the lower-middle range
How Franklin Real Estate Agent Pay Compares
Franklin median: $55,980/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| Wisconsin Average | $58,252 | -3.90% less |
| National Average | $53,622 | +4.40% more |
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.
Cost-of-Living Adjusted Salary
Franklin 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.
Franklin, WI has a cost-of-living index of 93.4 (below the national average of 100). A real estate agent earning $55,980 nominally has purchasing power equivalent to $59,936 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$51,082
2025 BLS Actual
$55,153
2026 Current Est.
$55,980
2019–2027 Growth
+11.2%
Salary 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 | Annual Salary | Status |
|---|---|---|
| 2019 | $51,082 | Actual |
| 2020 | $51,196 | Actual |
| 2021 | $50,466 | Actual |
| 2022 | $52,178 | Actual |
| 2023 | $56,688 | Actual |
| 2024 | $52,078 | Actual |
| 2025 | $55,153 | Actual |
| 2026(current) | $55,980 | Estimated |
| 2027 | $56,820 | Projected |
Based on 7 years of BLS OEWS data for the Franklin metropolitan area, the median real estate agent salary grew 8.0% from $51,082 (2019) to $55,153 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $56,820 by 2027 — a total increase of $5,738 (11.23%) from 2019.
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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $37,712 – $42,661 |
| 3-5 years (Mid Career) | $42,661 – $55,980 |
| 5+ years (Experienced) | $55,980 – $71,655 |
| 10+ years (Top Earner) | $71,655 – $86,769 |
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 Franklin
Currently, there are eight real estate agents working in Franklin, indicating a small and potentially competitive job market. With a cost-of-living index of 93.4, the purchasing power relative to the salary earned is positively influenced, making Franklin an attractive area for those looking to balance compensation with living expenses. Major brokers, including franchise powerhouses like Keller Williams and RE/MAX, offer varying commission splits that can enhance earnings compared to local independent firms or discount brokerages like Redfin. The disparity in real estate agent pay in Franklin, WI results from transaction volumes, average sale prices, and the specifics of commission agreements with brokerages, which can range from traditional splits to team arrangements. For agents wishing to maximize their income, focusing on higher-value properties, maintaining a robust referral network, and adapting to market demands will be key strategies moving forward.
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
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 $55,153 for real estate agentsin the Franklin 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 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