Insurance Sales Broker Salary in Maryland Comparison by Location
Nationwide
United States
$99,507
Maryland
United States
$102,602
How much does an Insurance Sales Broker earn in Maryland
As of April 01, 2025, an Insurance Sales Broker in Maryland earns
an average salary of $102,602 per year.
An Insurance Sales Broker's salary in Maryland can be paid hourly,
weekly or monthly depending on the company and job type.
Most part-time jobs will be paid hourly or weekly.
Using the salary calculator,
the average pay comes out to be about $49 an hour
or $1,973/week
or $8,550/month.
The average salary of an Insurance Sales Broker ranges
from $88,056 to $125,904.
The average salary range for an Insurance Sales Broker varies widely,
which indicates that there are many opportunities for advancement, promotions, and salary increases.
These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Maryland is ranked 11th out of 51 states nationwide for Insurance Sales Broker salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Insurance Sales Broker jobs,
with more online, real-time compensation data than any other website.
What is the Average Insurance Sales Broker Salary by City in Maryland?
Below is a list of the average salaries for an Insurance Sales Broker in 10 cities in Maryland.
We've identified 220 cities where the typical salary for
an Insurance Sales Broker job is above the average in Maryland.
The top-paid city for Insurance Sales Broker is Bethesda
and the average salary for an Insurance Sales Broker job is earned $110,175
which is higher than the average in Maryland.
This is followed by Bladensburg and Brentwood in second and third places,
which beat the average in Maryland
by $7,573(7.38%)
and $7,573(7.38%) respectively. In fourth place is Cabin John with a salary of $110,175,
which is higher than the Maryland average salary. Capitol Heights and Chevy Chase continue the rankings.
Based on the summary of average salaries paid by cities in Maryland,
the Insurance Sales Broker job market in Bethesda is relatively active
with a higher salary paid to compare to other cities in Maryland.
Finally, Insurance Sales Broker jobs pay differently by city, even if they are in Maryland.
The cost of living might be a key factor when considering the location and salary of an Insurance Sales Broker position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Bethesda
$110,175
$9,181
$2,119
$53
Bladensburg
$110,175
$9,181
$2,119
$53
Brentwood
$110,175
$9,181
$2,119
$53
Cabin John
$110,175
$9,181
$2,119
$53
Capitol Heights
$110,175
$9,181
$2,119
$53
Chevy Chase
$110,175
$9,181
$2,119
$53
College Park
$110,175
$9,181
$2,119
$53
District Heights
$110,175
$9,181
$2,119
$53
Garrett Park
$110,175
$9,181
$2,119
$53
Glen Echo
$110,175
$9,181
$2,119
$53
What Similar Jobs are Paid to Insurance Sales Broker in Maryland?
There are 11 jobs that we find are related to the Insurance Sales Broker job category,these similar jobs include Insurance Broker,Insurance Broker Trainee,Insurance Senior Broker,Insurance Managing Broker,Insurance Broker Executive,Car Insurance Broker,Insurance Broker Assistant,Life Insurance Broker,Insurance Broker Manager,Commercial Insurance Broker,and Independent Insurance Broker.
All of these 11 jobs are paid
between $52,125 to $245,916,
and the Insurance Broker Manager gets the highest paid with $245,916 from them.
Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others.
If you're qualified to be hired for one of these similar jobs to the Insurance Sales Broker,
you could refer to the below list of job salaries based on market prices in Maryland.