Principal Broker Salary in Waterloo, Iowa

Principal Broker Salary in Waterloo, IA

How much does a Principal Broker make in Waterloo, IA?

As of April 01, 2025, the average annual salary for a Principal Broker in Waterloo, IA is $174,670. According to Salary.com, salaries can range from a low of $135,317 to a high of $232,453, with most professionals earning between $154,071 and $204,916.

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Principal Broker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Principal Broker Salary $135,317 Waterloo,IA April 01, 2025
25th Percentile Principal Broker Salary $154,071 Waterloo,IA April 01, 2025
50th Percentile Principal Broker Salary $174,670 Waterloo,IA April 01, 2025
75th Percentile Principal Broker Salary $204,916 Waterloo,IA April 01, 2025
90th Percentile Principal Broker Salary $232,453 Waterloo,IA April 01, 2025
25% $154,071 10% $135,317 90% $232,453 75% $204,916 $174,670 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 Waterloo, IA

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

 
 
 
154071
204916
174670

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
154071
204916
174670
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Broker in Waterloo, IA. The base salary for Principal Broker ranges from $154,071 to $204,916 with the average base salary of $174,670. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $154,071 to $204,916 with the average total cash compensation of $174,670.

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154071
204916

 

About Waterloo, Iowa    Waterloo is a city in and the county seat of Black Hawk County, Iowa, United States. As of the 2010 United States Census the population decreased by 0....More

Waterloo, Iowa  area prices were up 0.8% from a year ago

Principal Broker Salary in popular cities: Des Moines, Cedar Rapids, Davenport

Recently searched related titles: Insurance Broker Manager

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