Start with the answer
Real Estate Brokers pay in Indianapolis-Carmel-Greenwood, IN and Milwaukee-Waukesha, WI
The May 2025 BLS OEWS median for Real Estate Brokers is $77,200 per year in Indianapolis-Carmel-Greenwood, IN. It is $168,320 per year in Milwaukee-Waukesha, WI. Indianapolis-Carmel-Greenwood, IN is 54.1% below Milwaukee-Waukesha, WI on the published median.
Both rows use SOC 41-9021 and the same annual wage metric. Median means the middle of each area's published wage spread. It is not one worker's pay. The larger median is not proof that one place gives a better job or a better result. It is one wage fact from one source period.
BLS lists Not published wage and salary jobs in Indianapolis-Carmel-Greenwood, IN and 160 in Milwaukee-Waukesha, WI. Those are survey job counts, not open posts. Read pay, job scale, local share, and price level as separate facts before you make a choice.