Principal Broker Salary in Roanoke, Virginia

Principal Broker Salary in Roanoke, VA

How much does a Principal Broker make in Roanoke, VA?

As of March 01, 2025, the average annual salary for a Principal Broker in Roanoke, VA is $217,888. According to Salary.com, salaries can range from a low of $136,619 to a high of $321,953, with most professionals earning between $175,348 and $272,360.

Develop a Job description
Pay Equity
Salary Grading Scale
Pay Strategy
2024 Compensation Trend
Compensation Consulting
Salary Salary + Bonus Benefits
Based on HR-reported data: a national average with a geographic differential
View as table View as graph
Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $136,619 Roanoke,VA March 01, 2025
25th Percentile Principal Broker Salary $175,348 Roanoke,VA March 01, 2025
50th Percentile Principal Broker Salary $217,888 Roanoke,VA March 01, 2025
75th Percentile Principal Broker Salary $272,360 Roanoke,VA March 01, 2025
90th Percentile Principal Broker Salary $321,953 Roanoke,VA March 01, 2025
25% $175,348 10% $136,619 90% $321,953 75% $272,360 $217,888 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Change Search Criteria
See it in Action

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

See user submitted job responsibilities for Principal Broker.

Search Principal Broker Job Openings

Job Openings for Principal Broker in Roanoke, VA

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

Not the job you're looking for? Search more salaries here:

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

Average Base Salary

Core compensation

 
 
 
175348
272360
217888

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
192427
360466
250234
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Roanoke, VA. The base salary for Principal Broker ranges from $175,348 to $272,360 with the average base salary of $217,888. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $192,427 to $360,466 with the average total cash compensation of $250,234.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

175348
272360

 

About Roanoke, Virginia    According to the United States Census Bureau, the city has a total area of 42.9 square miles (111.1 km2), of which 42.5 square miles (110.1 km2) is la....More

Roanoke, Virginia  area prices were up 1.2% from a year ago

Principal Broker Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

Recently searched related titles: Insurance Broker Manager

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