| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Stanley Insurance Agency | $89,489 |
-10.4%
|
Stanley Insurance Agency likely leverages performance bonuses over the high base salary shown here. |
| Two Rivers Insurance Group LLC | $103,233 |
+3.4%
|
Reflects a supply-demand imbalance for the specific talent Two Rivers Insurance Group LLC targets. |
| Sale Insurance Agency Inc | $85,808 |
-14.1%
|
Normalized for lower cost-of-living zones where Sale Insurance Agency Inc primarily operates. |
| Hugh F Miller Insurance Agency Inc | $84,521 |
-15.4%
|
Hugh F Miller Insurance Agency Inc may offer non-monetary perks in lieu of competitive base salaries. |
| Insurance Industry | $123,858 |
+24.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$89,489 / year
Salary Range: $78,733 - $101,185
Austin, TX
$103,233 / year
Salary Range: $90,829 - $116,720
Red Bank, NJ
$85,808 / year
Salary Range: $75,498 - $97,015
Lakeland, FL
$84,521 / year
Salary Range: $74,362 - $95,564
Rock Falls, IL
$96,947 / year
Salary Range: $85,303 - $109,623
Glastonbury, CT
$102,442 / year
Salary Range: $90,132 - $115,830
Kearny, NJ
$83,635 / year
Salary Range: $73,583 - $94,564
Vinton, VA
$97,980 / year
Salary Range: $86,211 - $110,794
Folsom, CA
$100,617 / year
Salary Range: $88,529 - $113,769
Concord, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,800 - $4,500+ | A significant portion of Royal Brokerage salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $480 - $720 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $550 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $440 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,547 - $7,277+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Royal Brokerage pays its employees an average of $99,879 per year. The average salary at Royal Brokerage range from $87,878 to $112,928 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
The salary at Royal Brokerage is higher than its peer company. The average annual salary at Royal Brokerage is $99,879, or an hourly wage of $48, in comparison to Stanley Insurance Agency which pays $89,489 per year or $43 per hour.
The higher-paying job at Royal Brokerage, according to our data, include Medical Sales (avg. $56,219 per year), IT Support Technician (avg. $45,311 per year), and Customer Service Representative (avg. $35,189 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at Royal Brokerage is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at Royal Brokerage vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Brooklyn section provides more context.
Royal Brokerage typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Royal Brokerage" section on this page.
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