Overview Salaries

Broker Salaries

Updated on Apr 10, 2026
Position
Salary

How much does a Broker make?

The average salary for a Broker is $85,172 per year in the US.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Broker positions, showing an average salary of $85,172 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Broker positions, showing an average salary of $85,172 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Broker positions, showing an average salary of $85,172 with varying distribution percentages across salary ranges.
Graph depicting the hourly salary distribution for Broker positions, showing an average salary of $85,172 with varying distribution percentages across salary ranges.

A Broker helps people buy or sell things by matching buyers and sellers. This job can be very rewarding, and the salary shows it. On average, Brokers make about $85,172 per year. This is a good amount of money for most people.

The salary for Brokers can vary a lot. Some Brokers make less, while others make much more. Here are some details about the earnings:

  • The lowest 10% earn about $32,628 or less.
  • The next 20% earn between $32,628 and $51,025.
  • The middle 20% earn between $51,025 and $69,423.
  • The next 20% earn between $69,423 and $87,820.
  • The highest 10% earn more than $161,410.

These numbers show that there is a wide range of salaries for Brokers. It can depend on many factors, such as experience, location, and the type of goods they are selling.

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What are the highest paying cities for a Broker?

San Francisco, CA, offers the highest average salary for brokers at $152,022. This makes it a top choice for those seeking well-paying opportunities. Cincinnati, OH, follows closely with an average salary of $151,113, making it another excellent option for brokers. Brokers in Los Angeles, CA, earn an average of $114,069, and in Chicago, IL, the average salary is $111,816. Both cities provide strong earning potential. Miami, FL, offers an average salary of $106,231, while Seattle, WA, pays brokers an average of $104,352 annually. These cities present competitive salaries for brokers looking to advance their careers.
Graph displaying highest paying cities salaries for Broker jobs, highlighting San Francisco, CA with the highest at $152,022 and Boston, MA with the lowest at $95,372.

  1. San Francisco, CA
    Average Salary: $152,022
    In San Francisco, financial opportunities are plentiful. Companies like Goldman Sachs and Charles Schwab offer various positions. The competitive environment makes it a great place for growth.
    Find Broker jobs in San Francisco, CA


  2. Cincinnati, OH
    Average Salary: $151,113
    Cincinnati stands out with solid job prospects. Firms like Fifth Third Bank and Cincinnati Financial provide chances to excel. The city offers a balanced lifestyle with a strong job market.
    Find Broker jobs in Cincinnati, OH


  3. Los Angeles, CA
    Average Salary: $114,069
    Los Angeles has a bustling market for professionals. Companies such as Merrill Lynch and Morgan Stanley are key players. The city's diverse economy offers many avenues for career development.
    Find Broker jobs in Los Angeles, CA


  4. Chicago, IL
    Average Salary: $111,816
    Chicago is a hub for financial services. Major firms like JPMorgan Chase and Goldman Sachs thrive here. The city's strong infrastructure supports a thriving job market.
    Find Broker jobs in Chicago, IL


  5. Miami, FL
    Average Salary: $106,231
    Miami's growing economy offers many opportunities. Banks like Bank of America and Wells Fargo are present. The city’s diverse market provides various positions for skilled professionals.
    Find Broker jobs in Miami, FL


  6. Seattle, WA
    Average Salary: $104,352
    Seattle has a dynamic job scene. Companies like Wells Fargo and Bank of America lead the way. The tech-driven economy offers a unique blend of traditional and innovative roles.
    Find Broker jobs in Seattle, WA


  7. Charlotte, NC
    Average Salary: $99,743
    Charlotte is known for its financial institutions. Companies such as Bank of America and SunTrust Bank are major employers. The city offers a solid foundation for career growth in finance.
    Find Broker jobs in Charlotte, NC


  8. Houston, TX
    Average Salary: $99,180
    Houston offers a vibrant job market. Firms like JPMorgan Chase and Capital One provide many opportunities. The city’s strong economy supports various career paths in finance.
    Find Broker jobs in Houston, TX


  9. Austin, TX
    Average Salary: $96,821
    Austin's job market is growing fast. Companies like Dell and Whole Foods offer diverse positions. The city’s tech-forward mindset provides many chances for professionals to thrive.
    Find Broker jobs in Austin, TX


  10. Boston, MA
    Average Salary: $95,372
    Boston has a rich history in finance. Major firms like Fidelity Investments and State Street Corporation are prominent. The city's educational institutions support a thriving job market.
    Find Broker jobs in Boston, MA

What are the best companies a Broker can work for?

Job seekers looking to enter the broker industry may want to target top-paying companies. Guy Carpenter leads with an impressive average salary of $225,000. Following closely are Aon and Ryan Specialty Group, offering average salaries around $127,000 and $112,000, respectively. These companies provide competitive compensation packages, making them attractive options for experienced brokers. For instance, Aon pays an average of $126,944, while Ryan Specialty Group offers about $111,828. This data shows these firms value skilled brokers and offer significant earning potential.
Graph displaying best paying company salaries for Broker jobs, highlighting Guy Carpenter with the highest at $225,000 and Hub International with the lowest at $85,955.

  1. Guy Carpenter
    Average Salary: $225,000
    Guy Carpenter is a leading global insurance and risk management firm. They offer brokerage, consulting, and advisory services. Based in New York, Guy Carpenter operates across major financial centers.


  2. Aon
    Average Salary: $126,944
    Aon is a professional services firm providing risk, retirement, and health solutions. They operate globally with offices in over 120 countries. Aon's Broker jobs focus on helping clients manage risk.


  3. Ryan Specialty Group
    Average Salary: $111,828
    Ryan Specialty Group focuses on providing specialty insurance, reinsurance, and risk management services. They have a strong presence in the United States and Canada.


  4. CVS Health
    Average Salary: $96,911
    CVS Health is a health services company. They offer insurance brokerage services through their Aetna division. Their Broker jobs span across various states in the U.S.


  5. Windermere Real Estate
    Average Salary: $95,679
    Windermere Real Estate is a luxury real estate company. They offer brokerage services for high-end properties. Locations include the United States, Canada, and internationally.


  6. CRC Group
    Average Salary: $93,187
    CRC Group is a global provider of insurance services. They focus on risk management, insurance, and reinsurance brokerage. CRC Group operates worldwide.


  7. Risk Placement Services, Inc
    Average Salary: $89,644
    Risk Placement Services, Inc. specializes in insurance brokerage. They provide tailored insurance solutions to clients. Their services are available across the United States.


  8. Molina Healthcare
    Average Salary: $89,548
    Molina Healthcare is a managed care company. They offer insurance brokerage and consulting services. Their Broker jobs are based in the U.S.


  9. ADP
    Average Salary: $86,825
    ADP is a leading provider of payroll and HR services. They offer insurance brokerage services to their clients. ADP operates in multiple countries worldwide.


  10. Hub International
    Average Salary: $85,955
    Hub International is an insurance brokerage and consulting firm. They focus on providing tailored insurance solutions. They have a strong presence across North America.

How to earn more as a Broker?

Aspiring brokers who work hard can increase their earnings. Successful brokers focus on several key areas. These areas can help them stand out and earn more. One major factor is building a strong network. Connecting with clients, other brokers, and industry professionals leads to more opportunities. Networking helps brokers find better deals and clients.

Another key factor is gaining more experience. Experienced brokers know the market well. They understand trends and can offer better advice. Continuing education and certifications also matter. Brokers who keep learning stay updated on new rules and methods. This knowledge helps them serve clients better and avoid mistakes. Working with high-value clients is another way to earn more. These clients often need specialized services. Serving them well can lead to bigger commissions and referrals. Finally, using technology wisely helps brokers work smarter. Tools for managing clients and transactions save time. This allows brokers to handle more business and earn more.

In summary, brokers can increase their earnings by focusing on these areas:

  1. Building a strong network
  2. Gaining more experience
  3. Continuing education and certifications
  4. Working with high-value clients
  5. Using technology wisely

Currently 419 Broker job openings, nationwide.

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How's the job market for a Broker in the US?

Learn what a Broker does, how to become one, and understand the job outlook. Get simple steps to start your career as a Broker today.
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