Principal Broker Salary in Phoenix, Arizona

Principal Broker Salary in Phoenix, AZ

How much does a Principal Broker make in Phoenix, AZ?

As of March 01, 2025, the average annual salary for a Principal Broker in Phoenix, AZ is $232,980. According to Salary.com, salaries can range from a low of $146,081 to a high of $344,253, with most professionals earning between $187,494 and $291,224.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $146,081 Phoenix,AZ March 01, 2025
25th Percentile Principal Broker Salary $187,494 Phoenix,AZ March 01, 2025
50th Percentile Principal Broker Salary $232,980 Phoenix,AZ March 01, 2025
75th Percentile Principal Broker Salary $291,224 Phoenix,AZ March 01, 2025
90th Percentile Principal Broker Salary $344,253 Phoenix,AZ March 01, 2025
25% $187,494 10% $146,081 90% $344,253 75% $291,224 $232,980 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 Phoenix, AZ

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

 
 
 
187494
291224
232980

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
205756
385434
267566
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Phoenix, AZ. The base salary for Principal Broker ranges from $187,494 to $291,224 with the average base salary of $232,980. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $205,756 to $385,434 with the average total cash compensation of $267,566.

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187494
291224

 

About Phoenix, Arizona    Phoenix is in the southwestern United States, in the south-central portion of Arizona; about halfway between Tucson to the southeast and Flagstaff to ....More

Phoenix, Arizona  area prices were up 2.2% from a year ago

Principal Broker Salary in popular cities: Tucson, Mesa, Chandler

Recently searched related titles: Insurance Broker Manager

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