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As of August 01, 2026, the average salary for a Broker Manager in Illinois is $104,331 per year, which breaks down to an hourly rate of $50.
However, a Broker Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Broker Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $115,113 | $9,593 | $2,214 | $55 |
| Average | $104,331 | $8,694 | $2,006 | $50 |
| 25th Percentile | $96,762 | $8,063 | $1,861 | $47 |
Cross Street Real Estate LLC - Chicago, IL
Purina - Chicago, IL
Accurate Personnel - Hoffman Estates, IL
Better Homes and Gardens Real Estate Connections - Oak Forest, IL
A Broker Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Broker Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Broker Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Broker Manager positions in Insurance or Business Services typically offer lower base pay, as these industries often view Broker Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $125,198 | $60.0 | 20% |
| Financial Services | $119,981 | $58.0 | 15% |
Understanding how a Broker Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $115,113 | $9,593 | $2,214 | $55 |
| Average | $104,331 | $8,694 | $2,006 | $50 |
| 25th Percentile | $96,762 | $8,063 | $1,861 | $47 |
Ready to take the next step in your career? Browse thousands of current Broker Manager job openings on our job board. Use the search bar below to find your perfect match.
Farbman Group
Northbrook, IL
Farbman Group | Northbrook, IL
Associate Broker. Farbman Group of Chicago is a boutique commercial real estate firm specializing in downtown Chicago office and retail leasing. With deep ... more
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Amwins
Chicago, IL
Amwins | Chicago, IL
Job Description. Job Description. Amwins. is the largest specialty distributor of property, casualty and professional lines of insurance products - we're r... more
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PROSPECT EQUITIES REAL ESTATE LLC
Chicago, IL
PROSPECT EQUITIES REAL ESTATE LLC | Chicago, IL
Job Description. Job Description. The. Prospect Equities'. vision is engineered to represent clientele with our full service approach in real estate parall... more
5 Days Ago
YAMATO TRANSPORT USA INC
Wood Dale, IL
YAMATO TRANSPORT USA INC | Wood Dale, IL
Job Description. Job Description. Yamato Transport USA., Inc. is a fully owned subsidiary of Yamato Holdings Co., Ltd., a global logistics and freight forw... more
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PROSPECT EQUITIES REAL ESTATE LLC
Chicago, IL
PROSPECT EQUITIES REAL ESTATE LLC | Chicago, IL
Job Description. Job Description. Position Overview. The. Prospect Equities'. full service brokerage model has what agents want: Commission structures up t... more
5 Days Ago
Seven Oaks Search Group
Carol Stream, IL
Seven Oaks Search Group | Carol Stream, IL
Seven Oaks Search is representing a rapidly expanding, family-run 3PL / freight brokerage seeking an experienced cradle-to-grave Freight Broker to join the... more
6 Days Ago
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