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Bond Broker Salary in East Newport, ME

How much does a Bond Broker make in East Newport, ME? The salary range for a Bond Broker job is from $84,981 to $109,226 per year in East Newport, ME. Click on the filter to check out Bond Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at April 24, 2024
$96,702
Per Year
The average salary for a Bond Broker is $96,702
per Year in East Newport, ME.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$84,981
$96,702
Medium
$109,226

Highest Paying Cities for Bond Broker near East Newport, ME

We list eight cities that pay high wages to Bond Broker near East Newport. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Bond Broker pay level in these cities.

States with Higher Salaries for Bond Broker

Here are the top five states that pay the highest Bond Broker salary in the United States. District of Columbia takes first place with the highest Bond Broker salary is $113,174 per Year. California and New Jersey take the second and third place with $112,158 per Year and $111,446 per Year in the list. A higher average Bond Broker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in East Newport, ME?

The following job titles have similar responsibilities as a Bond Broker. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Municipal Bond Broker
Average salary
United States
$54,798
per Year
Broker
Average salary
United States
$89,320
per Year
Bond Underwriter
Average salary
United States
$60,955
per Year
Bond Analyst
Average salary
United States
$70,887
per Year
Bond Manager
Average salary
United States
$119,839
per Year
Bond Trader
Average salary
United States
$101,063
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Bond Broker Do?

The BMC-84 (also known as a freight broker surety bond) is a specific type of surety bond that protects shippers/motor carriers, which is required by the Federal Motor Carrier Association (FMCSA) in order to obtain a brokerage authority.

December 21, 2021

The freight broker then is responsible to fully reimburse back the surety bond provider, as stated in the bond indemnity agreement.

December 18, 2021

Find out what makes a good freight broker bond provider so you can save hundreds and avoid paying false bond claims.

December 18, 2021

If either the broker or surety wishes to terminate the bond during that year, a 30-day notice of cancellation must be sent to the FMCSA.

December 18, 2021

Freight brokers wanting to renew their surety bond may qualify for a lower rate after a year or two of conducting business without having any claims filed against the bond.

December 16, 2021

Most Common Benefits for Bond Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Bond Broker
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The BMC-84 (also known as a freight broker surety bond) is a specific type of surety bond that protects shippers/motor carriers, which is required by the Federal Motor Carrier Association (FMCSA) in order to obtain a brokerage authority.
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Check the below career pages for detailed pay ranges for similar professions to Bond Broker:
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Explore our personal salary report to know the Bond Broker market value in East Newport, ME. And find out if any places are having a higher Bond Broker salary.
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The average salary of a Bond Broker is $96,702 in East Newport, ME.
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