Principal Broker Salary in Gary, Indiana

Principal Broker Salary in Gary, IN

How much does a Principal Broker make in Gary, IN?

As of April 01, 2025, the average annual salary for a Principal Broker in Gary, IN is $185,865. According to Salary.com, salaries can range from a low of $143,989 to a high of $247,352, with most professionals earning between $163,946 and $218,049.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $143,989 Gary,IN April 01, 2025
25th Percentile Principal Broker Salary $163,946 Gary,IN April 01, 2025
50th Percentile Principal Broker Salary $185,865 Gary,IN April 01, 2025
75th Percentile Principal Broker Salary $218,049 Gary,IN April 01, 2025
90th Percentile Principal Broker Salary $247,352 Gary,IN April 01, 2025
25% $163,946 10% $143,989 90% $247,352 75% $218,049 $185,865 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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Job Openings for Principal Broker in Gary, IN

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

 
 
 
163946
218049
185865

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
163946
218049
185865
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Gary, IN. The base salary for Principal Broker ranges from $163,946 to $218,049 with the average base salary of $185,865. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $163,946 to $218,049 with the average total cash compensation of $185,865.

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163946
218049

 

About Gary, Indiana    Gary is a city in Lake County, Indiana, United States, 25 miles (40 km) from downtown Chicago, Illinois. Gary is adjacent to the Indiana Dunes Nationa....More

Gary, Indiana  area prices were up 1.3% from a year ago

Principal Broker Salary in popular cities: Indianapolis, Fort Wayne, Evansville

Recently searched related titles: Insurance Broker Manager

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