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Licensed Broker Salary in the United States

How much does a Licensed Broker make in the United States?

As of October 01, 2026, the average salary for a Licensed Broker in the United States is $51,646 per year, which breaks down to an hourly rate of $25.

However, a Licensed Broker's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $59,959
  • Majority Range (25th-75th percentile): $47,349 to $55,997
  • Entry-Level (10th percentile): $43,436
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Licensed Broker Salaries

A Licensed Broker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Licensed Broker Salaries?

Experience is a primary driver of a Licensed Broker's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $52,243
  • Early Career (1-2 years): $52,682
  • Mid-Level (2-4 years): $53,740
  • Senior-Level (5-8 years): $53,952
  • Expert (over 8 years): $54,093
Levels Salary
Entry Level Licensed Broker$52,243
Intermediate Level Licensed Broker$52,682
Senior Level Licensed Broker$53,740
Specialist Level Licensed Broker$53,952
Expert Level Licensed Broker$54,093
View as Graph

How Do Licensed Broker Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Licensed Brokers. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $57,182.
  • California: $56,965.
  • Massachusetts: $56,206.

Top Paying Cities for Licensed Brokers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $65,141
  • San Francisco: $64,427
  • Oakland: $63,070

What Skills Can Increase a Licensed Broker's Salary?

Demanded Skills for the Role:

  • Initiative (Mentioned in 9.04% Job Postings): Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  • CPR (Mentioned in 6.61% Job Postings): Cardiopulmonary resuscitation (CPR) combines rescue breathing (mouth-to-mouth) and chest compressions to temporarily pump enough blood to the brain until specialized treatment is available.
  • Bond (Mentioned in 2.56% Job Postings): Bonds are issued by borrowers to raise money from investors willing to lend them money for a certain amount of time.
Skills Demand Percentage
Initiative 9.04%
CPR 6.61%
Bond 2.56%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Licensed Broker's salary.

  • Integrity: Can increase your salary by up to 8%.
  • Active Listening: Can increase your salary by up to 8%.
  • Problem Solving: Can increase your salary by up to 6%.
Skill Salary Salary % Increase
Integrity $55,777
8%
Active Listening $55,777
8%
Problem Solving $54,744
6%
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How Education impacts a Licensed Broker's Salary?

Your level of education can impact your salary potential. While many Licensed Brokers enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Licensed Broker with a High School Diploma or Technical Certificate is between $46,708 and $49,951).

Licensed Broker Salaries by Degree Level

Typical Education for Licensed Broker
Degree Level % of user with this level of education
No Diploma 7.4%
High School 44.2%
Associates 18.9%
Bachelors 25.8%
Masters 3.7%
Doctorate 0.0%
View as Graph

Licensed Broker Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Licensed Broker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$47,349
Average $51,646/year
$55,997
$3,946
Average $4,304/month
$4,666
$911
Average $993/week
$1,077
$23
Average $25/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $55,997 $4,666 $1,077 $27
Average $51,646 $4,304 $993 $25
25th Percentile $47,349 $3,946 $911 $23

Most common benefits for Licensed Broker

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

Common company salaries for Licensed Broker

Here are companies hiring for Licensed Broker and their salaries, click below for more details.

Find Your Next Licensed Broker Job

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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