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Licensed Broker Salary in Caledonia, MN

How much does a Licensed Broker make in Caledonia, MN? The salary range for a Licensed Broker job is from $40,482 to $50,987 per year in Caledonia, MN. Click on the filter to check out Licensed Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at May 28, 2024
$46,042
Per Year
The average salary for a Licensed Broker is $46,042
per Year in Caledonia, MN.
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
$40,482
$46,042
Medium
$50,987

Highest Paying Cities for Licensed Broker near Caledonia, MN

We list eight cities that pay high wages to Licensed Broker near Caledonia. 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 Licensed Broker pay level in these cities.
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States with Higher Salaries for Licensed Broker

Here are the top five states that pay the highest Licensed Broker salary in the United States. District of Columbia takes first place with the highest Licensed Broker salary is $54,690 per Year. California and New Jersey take the second and third place with $54,199 per Year and $53,855 per Year in the list. A higher average Licensed Broker salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Caledonia, MN?

The following job titles have similar responsibilities as a Licensed 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.
Licensed Customs Broker
Average salary
United States
$61,908
per Year
Licensed Insurance Broker
Average salary
United States
$55,174
per Year
Broker
Average salary
United States
$88,221
per Year
Broker Assistant
Average salary
United States
$35,274
per Year
Business Broker
Average salary
United States
$59,409
per Year
Broker In Charge
Average salary
United States
$80,479
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 Licensed Broker Do?

Once licensed, the licensee in most states is initially designated a salesperson and must work under a broker's license.

December 18, 2021

A Realtor is a licensed real estate agent or broker (or other real estate professional) who is a member of the National Association of Realtors (NAR).

December 14, 2021

In the United States, real estate brokers and salespersons are licensed by each state, not by the federal government.

December 10, 2021

After gaining some years of experience in real estate sales, a salesperson may decide to become licensed as a real estate broker (or Principal/qualifying broker) in order to own, manage, or operate their own brokerage.

December 08, 2021

A Real Estate Sales Agent is a person who is licensed by the Real Estate Commission to act as an agent on behalf of a real estate broker and their clients.

December 02, 2021

Most Common Benefits for Licensed Broker

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

Frequently Asked Questions

Common questions about salaries for a Licensed Broker
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Once licensed, the licensee in most states is initially designated a salesperson and must work under a broker's license.
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Check the below career pages for detailed pay ranges for similar professions to Licensed Broker:
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The average salary of a Licensed Broker is $46,042 in Caledonia, MN.
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