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As of September 01, 2026, the average salary for a Broker in the United States is $84,800 per year, which breaks down to an hourly rate of $41.
However, a Broker's salary can vary significantly. Here’s a look at the typical salary range:
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Broker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $98,000 | $8,167 | $1,885 | $47 |
| Average | $84,800 | $7,067 | $1,631 | $41 |
| 25th Percentile | $64,800 | $5,400 | $1,246 | $31 |
Alchemy Financial Group - Columbus, OH
Logistic Dynamics Inc. - Columbus, OH
Confidential - Columbus, OH
Top Talent LLC - Columbus, OH
A 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, and company size can directly affect your earning potential.
Experience is a primary driver of a 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:
| Levels | Salary |
|---|---|
| Entry Level Broker | $78,233 |
| Intermediate Level Broker | $78,830 |
| Senior Level Broker | $85,785 |
| Specialist Level Broker | $91,301 |
| Expert Level Broker | $91,696 |
What Am I Worth?
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 Brokers. For example, consider the average annual salaries in these key locations:
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:
Broker salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $90,401. While startup companies pay approximate $76,719.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $76,719 |
| Growth Stage | 51~500 | $81,089 |
| Established | 501~5000 | $87,359 |
| Enterprise | 5000+ | $90,401 |
For Broker roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Broker positions in Business Services typically offer lower base pay, as this sector often view Broker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $101,760 | $49.0 | 20% |
Understanding how a 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $98,000 | $8,167 | $1,885 | $47 |
| Average | $84,800 | $7,067 | $1,631 | $41 |
| 25th Percentile | $64,800 | $5,400 | $1,246 | $31 |
Promotions are the fastest way to increase your earnings. As a Broker, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| FX Trading Specialist III | $136,800 | 61% |
| Senior Broker | $109,500 | 29% |
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Broker and their salaries, click below for more details.
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Ready to take the next step in your career? Browse thousands of current Broker job openings on our job board. Use the search bar below to find your perfect match.
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The Financial Services industry offers the highest average compensation for Broker roles, with salaries approximately 20% above the market median.
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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