What are the main factors that influence a Licensed Broker's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Licensed Broker's salary?

A Licensed Broker's salary grows with experience: starting around $52,222 for beginners, reaching about $53,718 at mid-level, and approach $54,070 for experts.

What are the highest paying states for a Licensed Broker?

Licensed Broker salary varies significantly by state. The top 3 highest paying states for Licensed Broker roles are District of Columbia $57,160, California $56,943, Massachusetts $56,184. These tech hubs typically pay 10-15% above the national average.

How much do different types of Licensed Broker roles make?

Salaries for Licensed Broker level roles vary by specialization: Lead Broker: $181,200; Stock Broker: $164,834; Senior Broker: $123,900; Licensed Real Estate Broker: $90,217; Broker: $83,200.

How do different companies affect a Licensed Broker's salary?

Company size, industry, and compensation structure create significant salary variations for Licensed Broker roles. Large, established industry leaders like New York Police Department ($97,099) and State of New York - Metropolitan Transportation Authority ($95,962) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $75,106.

Licensed Broker Salary in the United States

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

As of July 01, 2026, the average salary for a Licensed Broker in the United States is $51,625 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): $59,931
Majority Range (25th-75th percentile): $47,331 to $55,973
Entry-Level (10th percentile): $43,422

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Licensed Broker Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$55,973	$4,664	$1,076	$27
Average	$51,625	$4,302	$993	$25
25th Percentile	$47,331	$3,944	$910	$23

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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): $52,222
Early Career (1-2 years): $52,661
Mid-Level (2-4 years): $53,718
Senior-Level (5-8 years): $53,929
Expert (over 8 years): $54,070

Levels	Salary
Entry Level Licensed Broker	$52,222
Intermediate Level Licensed Broker	$52,661
Senior Level Licensed Broker	$53,718
Specialist Level Licensed Broker	$53,929
Expert Level Licensed Broker	$54,070

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What Am I Worth?

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: $57,160.
California: $56,943.
Massachusetts: $56,184.

District of Columbia $57,160 California $56,943 Massachusetts $56,184 Washington $55,977 New Jersey $55,957 Alaska $55,884 Connecticut $55,172 New York $54,883

Hawaii $53,959 Rhode Island $53,525 Maryland $53,231 Minnesota $52,828 Colorado $52,673 Illinois $52,622 Oregon $52,426 Delaware $52,281

New Hampshire $52,190 Virginia $51,987 Pennsylvania $51,393 Nevada $51,094 North Dakota $50,996 Michigan $50,841 Wisconsin $50,784 Vermont $50,670

Texas $50,355 Maine $50,335 Arizona $50,304 Ohio $50,268 Georgia $49,793 Indiana $49,555 Wyoming $49,509 Utah $49,436

Iowa $49,406 Kansas $49,158 Louisiana $49,085 North Carolina $49,060 Missouri $49,049 Florida $48,848 Montana $48,740 Nebraska $48,636

Kentucky $48,580 South Carolina $48,373 Tennessee $48,244 Idaho $48,192 New Mexico $47,815 Oklahoma $47,733 Alabama $47,428 South Dakota $46,917

Arkansas $46,638 West Virginia $46,489 Mississippi $46,040

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: $65,115
San Francisco: $64,402
Oakland: $63,045

San Jose, CA $65,115

San Francisco, CA $64,402

Oakland, CA $63,045

New York, NY $59,441

Paramus, NJ $58,718

Queens Village, NY $58,716

Passaic, NJ $58,667

Bergenfield, NJ $58,662

Stamford, CT $58,548

Huntington, NY $58,527

Newark, NJ $58,146

Bridgeport, CT $58,037

Vallejo, CA $57,934

New Brunswick, NJ $57,913

Petaluma, CA $57,882

Middlesex, NJ $57,784

Somerset, NJ $57,748

Santa Cruz, CA $57,681

Boston, MA $57,366

Monterey, CA $57,185

Seattle, WA $57,067

Santa Rosa, CA $57,056

Los Angeles, CA $57,041

Juneau, AK $56,907

Washington, DC $56,850

Orange, CA $56,666

Santa Ana, CA $56,530

Long Beach, CA $56,478

Anaheim, CA $56,468

Anchorage, AK $56,442

Santa Maria, CA $56,287

Everett, WA $56,277

Danbury, CT $56,095

Bremerton, WA $56,024

Tacoma, WA $55,838

New Suffolk, NY $55,837

Sacramento, CA $55,823

Santa Barbara, CA $55,766

Trenton, NJ $55,709

San Diego, CA $55,709

Brockton, MA $55,652

Fairbanks, AK $55,526

Lompoc, CA $55,394

Lowell, MA $55,352

Ventura, CA $55,342

Nashua, NH $55,332

Stockton, CA $55,327

Modesto, CA $54,950

Poughkeepsie, NY $54,836

Olympia, WA $54,738

Kennewick, WA $54,738

New Haven, CT $54,718

Lawrence, MA $54,532

Hartford, CT $54,480

Riverside, CA $54,470

New Bedford, MA $54,418

Richland, WA $54,418

Bakersfield, CA $54,346

San Bernardino, CA $54,325

New Britain, CT $54,320

Atlantic City, NJ $54,320

New London, CT $54,300

Norwich, CT $54,284

Portsmouth, NH $54,274

Boulder, CO $54,164

Portland, OR $54,093

Worcester, MA $54,088

Minneapolis, MN $53,928

Philadelphia, PA $53,856

Honolulu, HI $53,685

Saint Paul, MN $53,660

Vineland, NJ $53,649

Providence, RI $53,499

Chicago, IL $53,350

Bellingham, WA $53,288

Springfield, MA $53,246

Baltimore, MD $53,231

Chico, CA $53,102

Pittsfield, MA $52,962

Manchester, NH $52,864

Spokane, WA $52,637

Denver, CO $52,632

Albany, NY $52,389

Troy, NY $52,369

Nassau, NY $52,314

Schenectady, NY $52,260

Wilmington, DE $52,219

Burlington, VT $52,147

Salem, OR $52,126

Portland, ME $51,966

Yakima, WA $51,915

Rochester, MN $51,754

Reno, NV $51,729

Fresno, CA $51,729

Milwaukee, WI $51,682

Detroit, MI $51,631

Ann Arbor, MI $51,622

Allentown, PA $51,615

Colorado Springs, CO $51,527

Syracuse, NY $51,501

Carson City, NV $51,501

Houston, TX $51,429

Eugene, OR $51,403

Gary, IN $51,341

Springfield, OR $51,300

Bismarck, ND $51,290

Galveston, TX $51,254

Medford, OR $51,176

Fort Collins, CO $51,156

Concord, NH $51,130

Austin, TX $51,114

Mesa, AZ $51,006

Reading, PA $51,001

Phoenix, AZ $50,996

Dallas, TX $50,980

Saint Cloud, MN $50,931

Madison, WI $50,861

Utica, NY $50,722

Rochester, NY $50,639

Des Moines, IA $50,634

Raleigh, NC $50,629

Atlanta, GA $50,552

Battle Creek, MI $50,536

Salt Lake City, UT $50,521

Lancaster, PA $50,443

Harrisburg, PA $50,371

Kansas City, MO $50,319

Champaign, IL $50,309

Kansas City, KS $50,309

Fort Worth, TX $50,304

Columbus, OH $50,295

Boca Raton, FL $50,283

Pittsburgh, PA $50,262

Richmond, VA $50,242

Indianapolis, IN $50,232

Cleveland, OH $50,226

Las Vegas, NV $50,164

Cincinnati, OH $50,164

Petersburg, VA $50,087

Huntsville, AL $50,010

Lansing, MI $49,975

Lebanon, PA $49,968

Pueblo, CO $49,963

Appleton, WI $49,948

Buffalo, NY $49,927

Dayton, OH $49,911

Racine, WI $49,901

Charlotte, NC $49,896

Saint Louis, MO $49,880

York, PA $49,849

Elkhart, IN $49,849

Gastonia, NC $49,840

Billings, MT $49,827

Beaumont, TX $49,813

Lorain, OH $49,803

Benton Harbor, MI $49,793

Toledo, OH $49,782

Binghamton, NY $49,757

Rock Hill, SC $49,751

Rockford, IL $49,726

Springfield, IL $49,705

Elyria, OH $49,700

Fargo, ND $49,700

Flagstaff, AZ $49,664

Fort Lauderdale, FL $49,633

Duluth, MN $49,602

Miami, FL $49,602

Cheyenne, WY $49,566

Grand Forks, ND $49,566

Bangor, ME $49,452

Cedar Rapids, IA $49,395

Durham, NC $49,374

Louisville, KY $49,369

Grand Rapids, MI $49,359

Hialeah, FL $49,354

Casper, WY $49,282

Scranton, PA $49,220

New Orleans, LA $49,204

Virginia Beach, VA $49,199

Akron, OH $49,173

Peoria, IL $49,106

Sarasota, FL $49,096

Nashville, TN $49,060

Omaha, NE $49,060

Green Bay, WI $49,060

Baton Rouge, LA $49,034

Charleston, SC $49,023

Jamestown, NY $48,998

Davenport, IA $48,998

Tucson, AZ $48,972

Saint Petersburg, FL $48,941

Tampa, FL $48,931

Evansville, IN $48,900

Port Arthur, TX $48,900

Bradenton, FL $48,879

Santa Fe, NM $48,786

Orlando, FL $48,693

Clearwater, FL $48,678

Canton, OH $48,569

La Crosse, WI $48,569

Albuquerque, NM $48,538

Newport News, VA $48,533

High Point, NC $48,518

Ogden, UT $48,497

Corpus Christi, TX $48,456

Norfolk, VA $48,425

Laramie, WY $48,425

Rock Island, IL $48,394

Saginaw, MI $48,383

Jacksonville, FL $48,378

Salisbury, NC $48,368

Boise, ID $48,358

Moline, IL $48,332

Fort Myers, FL $48,316

Memphis, TN $48,306

Tulsa, OK $48,280

Waterloo, IA $48,249

Spartanburg, SC $48,197

Lincoln, NE $48,172

Fort Wayne, IN $48,161

Provo, UT $48,156

Cedar Falls, IA $48,094

San Antonio, TX $48,074

Greensboro, NC $48,053

South Bend, IN $48,048

Savannah, GA $47,991

Muskegon, MI $47,970

Birmingham, AL $47,965

Winston Salem, NC $47,940

Lake Charles, LA $47,815

Anderson, IN $47,805

Lexington, KY $47,790

Augusta, GA $47,774

Greenville, SC $47,774

Lima, OH $47,733

Wichita, KS $47,728

Tuscaloosa, AL $47,728

Columbia, SC $47,681

Springfield, OH $47,671

Asheville, NC $47,588

Bloomington, IN $47,552

Knoxville, TN $47,366

Shreveport, LA $47,361

Wilmington, NC $47,294

Roanoke, VA $47,294

Topeka, KS $47,201

Frankfort, KY $47,195

Oklahoma City, OK $47,160

Chillicothe, OH $47,139

Longview, TX $47,134

Melbourne, FL $47,129

Sioux Falls, SD $47,046

Mobile, AL $47,041

Terre Haute, IN $47,020

Altoona, PA $46,989

Amarillo, TX $46,953

Killeen, TX $46,938

Fayetteville, AR $46,897

Chattanooga, TN $46,881

Sioux City, IA $46,835

Idaho Falls, ID $46,824

Lynchburg, VA $46,783

Gainesville, FL $46,716

Portsmouth, OH $46,690

Little Rock, AR $46,680

Lafayette, LA $46,659

Youngstown, OH $46,659

Daytona Beach, FL $46,628

Clarksville, TN $46,623

Pensacola, FL $46,618

Temple, TX $46,614

Hopkinsville, KY $46,463

Erie, PA $46,453

Florence, SC $46,432

Charleston, WV $46,349

Great Falls, MT $46,323

Macon, GA $46,251

Tallahassee, FL $46,246

Fayetteville, NC $46,236

Waco, TX $46,225

Helena, MT $46,189

Pine Bluff, AR $46,170

Vincennes, IN $46,107

Lubbock, TX $46,086

Alamogordo, NM $46,055

Twin Falls, ID $46,009

Rapid City, SD $45,993

Jackson, MS $45,900

Huntington, WV $45,897

Greenville, MS $45,895

Parkersburg, WV $45,842

Montgomery, AL $45,833

Wichita Falls, TX $45,781

Springfield, MO $45,781

Biloxi, MS $45,756

Monroe, LA $45,704

Johnstown, PA $45,668

Sumter, SC $45,647

Columbus, GA $45,642

Pascagoula, MS $45,544

Abilene, TX $45,544

Kingsport, TN $45,410

Albany, GA $45,410

Gulfport, MS $45,394

Alexandria, LA $45,224

Fort Smith, AR $45,095

El Paso, TX $44,955

Las Cruces, NM $44,723

Harlingen, TX $44,592

Pocatello, ID $44,584

Florence, AL $44,517

Brownsville, TX $44,506

Mcallen, TX $44,398

Dothan, AL $44,326

Columbus, MS $44,019

Altus, OK $43,778

Lawton, OK $43,680

Pierre, SD $43,494

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.

See More Skills

Skills	Demand Percentage
Initiative	9.04%
CPR	6.61%
Bond	2.56%

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	$55,755	8%
Active Listening	$55,755	8%
Problem Solving	$54,723	6%
Collective Bargaining	$54,723	6%
Commitment	$54,207	5%
Coordination	$54,207	5%

Get Latest Data

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

No Diploma 7.4%

High School 44.2%

Associates 18.9%

Bachelors 25.8%

Masters 3.7%

Doctorate 0.0%

view as table

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 July 01, 2026

$47,331

Average $51,625/year

$55,973

$3,944

Average $4,302/month

$4,664

$910

Average $993/week

$1,076

$23

Average $25/hour

$27

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$55,973	$4,664	$1,076	$27
Average	$51,625	$4,302	$993	$25
25th Percentile	$47,331	$3,944	$910	$23

Salaries of jobs related to Licensed Broker

Salary Trends for Licensed Broker

Salaries for a Licensed Broker can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $37,757 in 2023 to around $37,288 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Licensed Broker salary trends, .

Average Annual Salary of Licensed Broker Over Time

2022

$???

2023

$37,757

2024

$37,704

2025

$37,288

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$37,757
2024	$37,704
2025	$37,288
2026	View More
2027	View More

Most common benefits for Licensed Broker

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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.)

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