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As of August 01, 2026, the average salary for a Designated Broker in Michigan is $88,165 per year, which breaks down to an hourly rate of $42.
However, a Designated Broker's salary can vary significantly. Here’s a look at the typical salary range:
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Designated Broker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $100,317 | $8,360 | $1,929 | $48 |
| Average | $88,165 | $7,347 | $1,695 | $42 |
| 25th Percentile | $78,464 | $6,539 | $1,509 | $38 |
Mount Sinai Health System - ELMHURST, NY
Specialized Physical Therapy - CENTENNIAL, CO
Salam School - MILWAUKEE, WI
The Hirexpress LLC - SIDNEY, MT
A Designated Broker'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.
Experience is a primary driver of a Designated Broker's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Insurance... Level Designated Broker | $63,491 |
| Designate... Level Designated Broker | $87,271 |
| Insurance... Level Designated Broker | $154,379 |
| Insurance... Level Designated Broker | $208,971 |
| Insurance... Level Designated Broker | $251,526 |
What Am I Worth?
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 Designated Brokers. 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 Designated Broker roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 10% above the average. Conversely, Designated Broker positions in Business Services typically offer lower base pay, as this sector often view Designated Broker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $96,981 | $47.0 | 10% |
| Financial Services | $92,573 | $45.0 | 5% |
Understanding how a Designated Broker'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 | $100,317 | $8,360 | $1,929 | $48 |
| Average | $88,165 | $7,347 | $1,695 | $42 |
| 25th Percentile | $78,464 | $6,539 | $1,509 | $38 |
Ready to take the next step in your career? Browse thousands of current Designated Broker job openings on our job board. Use the search bar below to find your perfect match.
Hyundai-MOBIS MPMI
MIAMI, FL
Hyundai-MOBIS MPMI | MIAMI, FL
Hyundai-Mobis Parts Miami (MPMI), LLC, a subsidiary of Hyundai MOBIS, is a Tier 1 OEM genuine parts and accessories supplier to Hyundai, Genesis and Kia di... more
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INTEGRIS Health
MIAMI, OK
INTEGRIS Health | MIAMI, OK
Join our team as a Day Shift, Full-Time Outpatient / Acute Occupational Therapist at INTEGRIS Health Miami Hospital in Miami, OK. You may be eligible for a... more
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J Scott Mahaney, DDS, PA
LUBBOCK, TX
J Scott Mahaney, DDS, PA | LUBBOCK, TX
We are seeking a motivated and hardworking Registered Dental Hygienist to join our team. J. Scott Mahaney, DDS is a family-oriented practice with a support... more
5 Months Ago
Clinica Medica Familiar
RIVERSIDE, CA
Clinica Medica Familiar | RIVERSIDE, CA
OB/GYN physician. Location: Riverside, California. Employer: Clinica Medica Familiar. Job Type: Full-time*. Compensation and Benefits. Salary: $470,000 (f... more
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New London Dental
NEW LONDON, OH
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At New London Complete Health, we believe exceptional patient care starts with an exceptional team. We are committed to creating a welcoming, patient-cente... more
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SAN JOSE, CA
Morgan Autism Center | SAN JOSE, CA
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