Many fundamental concepts in network-based epidemic modeling depend on the branching factor, which captures a sense of dispersion in the network connectivity and quantifies the rate of spreading across the network. Moreover, contact network information generally is available only up to some level of error. We study the propagation of such errors to the estimation of the branching factor. Specifically, we characterize the impact of network noise on the bias and variance of the observed branching factor for arbitrary true networks, with examples in sparse, dense, homogeneous and inhomogeneous networks. In addition, we propose a method-of-moments estimator for the true branching factor. We illustrate the practical performance of our estimator through simulation studies and with contact networks observed in British secondary schools and a French hospital.