Insurance Broker salary in the United States

Average salary
Based on 2,934 income tax records
Average salary by age
How much do Insurance Brokers make?
The average total salary for a Insurance Broker is $78,000 per year. This is based on data from 2,934 TurboTax users who reported their occupation as Insurance Broker and includes taxable wages, tips, bonuses, and more. Insurance Broker salary can vary between $24,000 to $323,500 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Insurance Broker salary by location

Insurance Broker salary by company

Average salary per year*
Salary range**
Marsh USA De, New York County, NY
18 income tax records
$67K – $323K
Ryan Specialty Group, Cook County, IL
16 income tax records
$62K – $263K
Aon, Cook County, IL
23 income tax records
$61K – $298K
Arthur J Gallagher Service Company, Cook County, IL
13 income tax records
$57K – $180K

Insurance Broker demographics in United States

single icon
56% are single
married icon
44% are married
have kids icon
34% have kids
own a home icon
53% own a home

Effective Tax Rates for Insurance Brokers in United States

2,934 full-time salaries from 2019
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The average salary for a insurance broker in the United States is $78,000 per year. Insurance broker salaries in the United States can vary between $24,000 to $323,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 2,934 tax returns from TurboTax customers who reported their occupation as insurance broker.

The following companies offer the highest salaries for insurance brokers in the United States: Marsh USA De ($131,000 a year), Ryan Specialty Group ($124,000 a year), and Aon ($100,000 a year).

The following cities offer the highest salaries for insurance brokers in the United States: Bridgeport Metro Area, CT ($131,500 a year), Detroit Metro Area, MI ($126,500 a year), and Cleveland Metro Area, OH ($122,000 a year).
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
Total salary ranges shown here exclude outliers.