Principal Broker Salary in Montgomery, Alabama

Principal Broker Salary in Montgomery, AL

How much does a Principal Broker make in Montgomery, AL?

As of March 01, 2025, the average annual salary for a Principal Broker in Montgomery, AL is $209,399. According to Salary.com, salaries can range from a low of $131,296 to a high of $309,410, with most professionals earning between $168,517 and $261,748.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $131,296 Montgomery,AL March 01, 2025
25th Percentile Principal Broker Salary $168,517 Montgomery,AL March 01, 2025
50th Percentile Principal Broker Salary $209,399 Montgomery,AL March 01, 2025
75th Percentile Principal Broker Salary $261,748 Montgomery,AL March 01, 2025
90th Percentile Principal Broker Salary $309,410 Montgomery,AL March 01, 2025
25% $168,517 10% $131,296 90% $309,410 75% $261,748 $209,399 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 Montgomery, AL

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

 
 
 
168517
261748
209399

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
184930
346422
240484
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Montgomery, AL. The base salary for Principal Broker ranges from $168,517 to $261,748 with the average base salary of $209,399. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $184,930 to $346,422 with the average total cash compensation of $240,484.

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168517
261748

 

About Montgomery, Alabama    Montgomery is the capital city of the U.S. state of Alabama and the county seat of Montgomery County. Named for Richard Montgomery, it stands beside t....More

Montgomery, Alabama  area prices were up 1.3% from a year ago

Principal Broker Salary in popular cities: Birmingham, Mobile, Huntsville

Recently searched related titles: Insurance Broker Manager

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