Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Managing Broker in Minnesota is $219,354 per year, which breaks down to an hourly rate of $105.
However, a Managing Broker's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Recruit with AI
AI-Powered HR
Managing Broker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $254,927 | $21,244 | $4,902 | $123 |
| Average | $219,354 | $18,279 | $4,218 | $105 |
| 25th Percentile | $195,835 | $16,320 | $3,766 | $94 |
Southwest CARE Center - SANTA FE, NM
Idaho Urologic Institute - MERIDIAN, ID
South County Health - WAKEFIELD, RI
the bodhi spa - , RI
A Managing 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 Managing 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 Managing Broker | $65,851 |
| Insurance... Level Managing Broker | $90,515 |
| Insurance... Level Managing Broker | $160,116 |
| Managing ... Level Managing Broker | $216,738 |
| Insurance... Level Managing Broker | $260,874 |
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 Managing 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 Managing Broker roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, Managing Broker positions in Business Services typically offer lower base pay, as this sector often view Managing Broker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $263,224 | $127.0 | 20% |
| Financial Services | $241,289 | $116.0 | 10% |
Understanding how a Managing 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 | $254,927 | $21,244 | $4,902 | $123 |
| Average | $219,354 | $18,279 | $4,218 | $105 |
| 25th Percentile | $195,835 | $16,320 | $3,766 | $94 |
Ready to take the next step in your career? Browse thousands of current Managing Broker job openings on our job board. Use the search bar below to find your perfect match.
Geodis
BRENTWOOD, TN
Geodis | BRENTWOOD, TN
Perks of being a GEODIS Sales Representative include : First-year sellers average $7-10K in commission , Second-year $20-40K and our top sellers are taking... more
1 Day Ago
Berkeley Research Group, LLC
THE GAP, IL
Berkeley Research Group, LLC | THE GAP, IL
BRG is an Equal Employment Opportunity/Affirmative Action Employer. All qualified candidates will receive consideration for employment without regard to ra... more
5 Days Ago
Livewell Animal Hospital
BOYS TOWN, NE
Livewell Animal Hospital | BOYS TOWN, NE
Livewell Animal Hospital seeks a Founding Veterinarian to help launch and lead a new, high-quality small animal practice. You will shape medical standards,... more
4 Days Ago
Livewell Animal Hospital
MARTINS ADDITIONS, MD
Livewell Animal Hospital | MARTINS ADDITIONS, MD
Livewell Animal Hospital seeks a Founding Veterinarian to help launch and lead a new, high-quality small animal practice. You will shape medical standards,... more
4 Days Ago
Livewell Animal Hospital
REDMOND, WA
Livewell Animal Hospital | REDMOND, WA
Livewell Animal Hospital seeks a Founding Veterinarian to help launch and lead a new, high-quality small animal practice. You will shape medical standards,... more
4 Days Ago
Livewell Animal Hospital
FRAMINGHAM SO, MA
Livewell Animal Hospital | FRAMINGHAM SO, MA
Livewell Animal Hospital seeks a Founding Veterinarian to help launch and lead a new, high-quality small animal practice. You will shape medical standards,... more
4 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
