Insurance Broker salary in US Midwest Region

Average salary
Based on 468 income tax records
Average salary by age
How much do Insurance Brokers make?
The average total salary for a Insurance Broker is $76,000 per year. This is based on data from 468 TurboTax users who reported their occupation as Insurance Broker and includes taxable wages, tips, bonuses, and more. Insurance Broker salary can vary between $23,500 to $298,000 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 company

Average salary per year*
Salary range**
Ryan Specialty Group, US Midwest Region
23 income tax records
$70K – $261K
Marsh USA De, US Midwest Region
40 income tax records
$61K – $368K
Aon, US Midwest Region
51 income tax records
$29K – $356K
Arthur J Gallagher Service Company, US Midwest Region
36 income tax records
$44K – $322K
USI, US Midwest Region
12 income tax records
$34K – $133K

Insurance Broker demographics in US Midwest Region

single icon
54% are single
married icon
46% are married
have kids icon
35% have kids
own a home icon
57% own a home

Effective Tax Rates for Insurance Brokers in US Midwest Region

468 full-time salaries from 2019
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The average salary for a insurance broker in US Midwest Region is $76,000 per year. Insurance broker salaries in US Midwest Region can vary between $23,500 to $298,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 468 tax returns from TurboTax customers who reported their occupation as insurance broker.

The following companies offer the highest salaries for insurance brokers in US Midwest Region: Ryan Specialty Group ($130,000 a year), Marsh USA De ($123,500 a year), and Aon ($100,000 a year).

The following cities offer the highest salaries for insurance brokers in US Midwest Region: Detroit Metro Area, MI ($126,500 a year), Cleveland Metro Area, OH ($122,000 a year), and Chicago Metro Area, IL ($96,000 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.