As of September 01, 2026, the average salary for a Managing Principal Broker in the United States is $125,910 per year, which breaks down to an hourly rate of $61.
However, a Managing Principal Broker's salary can vary significantly. Here’s a look at the typical salary range:
Managing Principal Broker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $139,976 | $11,665 | $2,692 | $67 |
| Average | $125,910 | $10,493 | $2,421 | $61 |
| 25th Percentile | $111,497 | $9,291 | $2,144 | $54 |
A Managing Principal 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.
Experience is a primary driver of a Managing Principal 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 Managing Principal Broker | $119,392 |
| Intermediate Level Managing Principal Broker | $120,050 |
| Senior Level Managing Principal Broker | $122,244 |
| Specialist Level Managing Principal Broker | $124,875 |
| Expert Level Managing Principal Broker | $128,392 |
Your level of education can impact your salary potential. While many Managing Principal Brokers enter the field with a No Diploma 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 Managing Principal Broker with a No Diploma is between $118,663 and $126,930).
| Typical Education for Managing Principal Broker | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 100.0% |
| High School | 0.0% |
| Associates | 0.0% |
| Bachelors | 100.0% |
| Masters | 0.0% |
| Doctorate | 0.0% |
Understanding how a Managing Principal 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 | $139,976 | $11,665 | $2,692 | $67 |
| Average | $125,910 | $10,493 | $2,421 | $61 |
| 25th Percentile | $111,497 | $9,291 | $2,144 | $54 |
Salaries for a Managing Principal Broker can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $96,152 in 2023 to around $96,848 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Managing Principal Broker salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $96,152 |
| 2024 | $97,364 |
| 2025 | $96,848 |
| 2026 |
View More
|
| 2027 |
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|
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The Financial Services industry offers the highest average compensation for Managing Principal Broker roles, with salaries approximately 20% above the market median.
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