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Hourly Wage for Principal Broker Salary in the United States

Principal Broker Salary in the United States

What is the highest and lowest hourly pay for Principal Broker?

As of September 01, 2026, the average hourly pay of Principal Broker in the United States is $97. While Salary.com is seeing that the highest pay for Principal Broker in the US can go up to $127 and the lowest down to $78, but most earn between $87 and $113. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in the United States.

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Principal Broker Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Principal Broker Salary $78 US September 01, 2026
25th Percentile Principal Broker Salary $87 US September 01, 2026
50th Percentile Principal Broker Salary $97 US September 01, 2026
75th Percentile Principal Broker Salary $113 US September 01, 2026
90th Percentile Principal Broker Salary $127 US September 01, 2026
25% $87 10% $78 90% $127 75% $113 $97 50%(Median) Didn’t find job title? Click
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What is a Principal Broker ?

A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent—one who acts on behalf of a principal party in a deal....

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

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Career Path for this job

  1. Down a level:

    Insurance Broker V

    10 + years experience
    Bachelor's Degree

  2. This Job:

    Principal Broker


    Bachelor's Degree

  3. Up a level:

    VP of Insurance Brokerage


    Bachelor's Degree

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Understand the total hourly compensation opportunity for a Principal Broker, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
87
113
97

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
104
195
135
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Principal Broker in the United States. The average hourly rate for Principal Broker ranges from $87 to $113 with the average hourly pay of $97. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $104 to $195 with the average total hourly cash compensation of $135.

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87
113

 

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