Principal Broker Salary in Reno, Nevada

Principal Broker Salary in Reno, NV

How much does a Principal Broker make in Reno, NV?

As of April 01, 2025, the average annual salary for a Principal Broker in Reno, NV is $187,267. According to Salary.com, salaries can range from a low of $145,075 to a high of $249,217, with most professionals earning between $165,182 and $219,694.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $145,075 Reno,NV April 01, 2025
25th Percentile Principal Broker Salary $165,182 Reno,NV April 01, 2025
50th Percentile Principal Broker Salary $187,267 Reno,NV April 01, 2025
75th Percentile Principal Broker Salary $219,694 Reno,NV April 01, 2025
90th Percentile Principal Broker Salary $249,217 Reno,NV April 01, 2025
25% $165,182 10% $145,075 90% $249,217 75% $219,694 $187,267 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 Reno, NV

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

 
 
 
165182
219694
187267

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
165182
219694
187267
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Reno, NV. The base salary for Principal Broker ranges from $165,182 to $219,694 with the average base salary of $187,267. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $165,182 to $219,694 with the average total cash compensation of $187,267.

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165182
219694

 

About Reno, Nevada    Reno (/ˈriːnoʊ/ REE-noh) is a city in the U.S. state of Nevada, located in the northwestern part of the state, approximately 22 miles (35 km) from Lak....More

Reno, Nevada  area prices were up 2.5% from a year ago

Principal Broker Salary in popular cities: Las Vegas, Henderson, North Las Vegas

Recently searched related titles: Insurance Broker Manager

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