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There are many factors that determine how much you should be earning as a Broker. Use Zippia's Salary Calculator to see how your pay matches up.

How Much Does a Broker Earn In The United States?

Broker Salaries
Updated April 6, 2021
Average Yearly Salary
$97,000
$50,000
$97,000
$186,000
Did you know that the average broker makes $97,073 per year? That's valued at $46.67 per hour! The range surrounding that average can vary between $50,000 and $186,000, meaning brokers have the opportunity to earn more once they move past entry-level roles. Most brokers find a job with finance and insurance companies, while others work for insurance, real estate, and finance companies to make more money. Those aren't the only places you can earn a higher paycheck. Nevada, Rhode Island and New Mexico are the top states in the U.S. to pay brokers the highest salaries.
Best Paying Cities
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Where Brokers Earn The Most

The darker areas on the map show where brokers earn the highest salaries across all 50 states.

Average Salary

How Much Do Brokers Earn In Different Cities?

Throughout the U.S., the average salary for a broker is roughly $97,073 per year, which boils down to $46.67 per hour. Interestingly enough, brokers have the highest salaries in Stamford, CT at about $113,629 per year. For those who are just starting out, the average entry-level salary in Stamford, CT is $50,000. Additionally, brokers make more than the average salary in Southfield, MI, Copperas Cove, TX, New York, NY, Bentonville, AR, and Atlanta, GA. On a more broad level, broker salaries are highest in Nevada, Rhode Island, New Mexico, Connecticut, New Hampshire, Michigan, and Oregon. On the contrary, Colorado, Florida, and Ohio offer the lowest broker salaries.
Location
1. Stamford, CT
$113,629
Avg. Salary
$25k
$174k
2. Southfield, MI
$110,851
Avg. Salary
$25k
$174k
3. Copperas Cove, TX
$108,862
Avg. Salary
$25k
$174k
4. New York, NY
$104,516
Avg. Salary
$25k
$174k
5. Bentonville, AR
$102,183
Avg. Salary
$25k
$174k
6. Atlanta, GA
$95,664
Avg. Salary
$25k
$174k

High Paying Broker Jobs

Which Companies Pay Brokers The Most?

To earn a high income as a broker, working for GFI Real Estate or Kpi Holdings might be your best bet, as they are the highest paying companies in this field. In addition, companies like Laidlaw and Traditions of America report highly competitive wages for brokers.
Company
Avg. Salary
$90k
$231k
Avg. Salary
$90k
$231k
Avg. Salary
$90k
$231k
Avg. Salary
$90k
$231k
Avg. Salary
$90k
$231k
Avg. Salary
$90k
$231k

The largest raises come from changing jobs.

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Broker Salary History

Compare salaries for individual cities or states with the national average.

Location

    How Experience Affects Broker Salaries

    The salary for a broker can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

    Recently Added Broker Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Oranga Tamariki
    Oranga Tamariki
    Work Broker (Permanent), Invercargill
    Work Broker (Permanent), Invercargill
    Work Broker (Permanent), Invercargill
    Southmayd, TX
    Southmayd, TX
    04/21/2020
    04/21/2020
    $47,622
    $47,622
    04/21/2020
    Franchise Brokers Association
    Franchise Brokers Association
    Broker
    Broker
    Broker
    Orlando, FL
    Orlando, FL
    12/31/2019
    12/31/2019
    $44,000
    $44,000
    12/31/2019
    Broker
    Broker
    Arlington, VA
    Arlington, VA
    11/30/2019
    11/30/2019
    $60,000
    $60,000
    11/30/2019
    Franchise Brokers Association
    Franchise Brokers Association
    Broker
    Broker
    Broker
    Orlando, FL
    Orlando, FL
    11/30/2019
    11/30/2019
    $44,000
    $44,000
    11/30/2019
    Broker
    Broker
    San Diego, CA
    San Diego, CA
    10/31/2019
    10/31/2019
    $75,000
    $75,000
    10/31/2019
    Broker
    Broker
    Minneapolis, MN
    Minneapolis, MN
    10/28/2019
    10/28/2019
    $70,000
    $70,000
    10/28/2019
    National Systems America, L.P.
    National Systems America, L.P.
    Broker
    Broker
    Broker
    East Hartford, CT
    East Hartford, CT
    08/30/2019
    08/30/2019
    $131,481
    $131,481
    08/30/2019
    Broker
    Broker
    Ellenville, NY
    Ellenville, NY
    08/16/2019
    08/16/2019
    $36,523
    $36,523
    08/16/2019
    Senior Broker
    Senior Broker
    Houston, TX
    Houston, TX
    08/05/2019
    08/05/2019
    $122,000
    $122,000
    08/05/2019
    Broker
    Broker
    Akron, OH
    Akron, OH
    08/02/2019
    08/02/2019
    $37,566
    $37,566
    08/02/2019