Principal Broker Salary in the United States

Principal Broker Salary

How much does a Principal Broker make?

As of March 01, 2025, the average annual salary for a Principal Broker in the United States is $235,809. According to Salary.com, salaries can range from a low of $147,856 to a high of $348,435, with most professionals earning between $189,771 and $294,762.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $147,856 US March 01, 2025
25th Percentile Principal Broker Salary $189,771 US March 01, 2025
50th Percentile Principal Broker Salary $235,809 US March 01, 2025
75th Percentile Principal Broker Salary $294,762 US March 01, 2025
90th Percentile Principal Broker Salary $348,435 US March 01, 2025
25% $189,771 10% $147,856 90% $348,435 75% $294,762 $235,809 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 Senior Broker

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Principal Broker

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Broker Executive


    Bachelor's Degree

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Understand the total compensation opportunity for a Principal Broker, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
189771
294762
235809

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
208255
390115
270816
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in the United States. The base salary for Principal Broker ranges from $189,771 to $294,762 with the average base salary of $235,809. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $208,255 to $390,115 with the average total cash compensation of $270,816.

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189771
294762

 

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role