Fresher
10th to 25th percentile
From
$37,150
To
$47,900
Use this for early-career offers or roles with limited paid experience.
Median annual salary
$69,240
BLS OEWS 2025
25th percentile
$47,900
Lower market anchor
75th percentile
$100,490
Upper market anchor
Mean annual salary
$87,860
Average published wage
Salary Explorer
Pick a work area, role, location, and experience band to compare salary ranges.
Selected estimate
Intermediate range for Insurance Broker in Chicago
$47,900 to $100,490
This is the 25th to 75th percentile. It uses salary percentiles, not a fixed years-of-experience rule.
Salary Range by Experience
These bands translate salary percentiles into practical fresher, intermediate, and senior salary ranges. They are not fixed years-of-experience rules.
Median salary
$69,240
BLS
to
Intermediate
25th to 75th percentile
From
$47,900
To
$100,490
Use this for candidates with proven role skills and solid delivery history.
Senior
75th to 90th percentile
From
$100,490
To
$163,800
Use this for senior candidates, scarce skills, or higher-paying employers.
Fresher salary answer
Freshers and entry-level candidates can compare insurance broker offers in Chicago against $37,150 to $47,900.
Intermediate salary answer
Intermediate candidates can compare insurance broker offers in Chicago against $47,900 to $100,490.
Senior salary answer
Senior candidates can compare insurance broker offers in Chicago against $100,490 to $163,800.
How Chicago Salaries Compare With Other Cities for This Role
Chicago is a BLS metro estimate. The other rows are BLS metro areas for Insurance Sales Agents, so candidates can compare local pay with major hiring markets.
Mean annual salary
San Francisco
San Francisco-Oakland-Fremont, CA
$114,110
New York
New York-Newark-Jersey City, NY-NJ-PA
$107,190
Boston
Boston-Cambridge-Newton, MA-NH
$105,000
Atlanta
Atlanta-Sandy Springs-Roswell, GA
$101,810
Los Angeles
Los Angeles-Long Beach-Anaheim, CA
$95,480
Denver
Denver-Aurora-Centennial, CO
$93,830
Chicago
Chicago-Naperville-Elgin, IL-IN
$87,860
Seattle
Seattle-Tacoma-Bellevue, WA
$80,290
Washington DC
Washington-Arlington-Alexandria, DC-VA-MD-WV
$79,780
Dallas
Dallas-Fort Worth-Arlington, TX
$76,750
How Insurance Broker Salaries Compare With Other Roles
This chart compares insurance broker pay in Chicago with other roles available in the salary directory. Each row uses BLS OEWS min, avg, and top salary data.
Mean annual salary
Physician
Physicians, All Other, SOC 29-1229
$200,780
Psychiatrist
Physicians, All Other, SOC 29-1229
$200,780
Surgeon
Physicians, All Other, SOC 29-1229
$200,780
Dentist
Dentists, General, SOC 29-1021
$192,460
Branch Manager
Financial Managers, SOC 11-3031
$191,110
CFO
Financial Managers, SOC 11-3031
$191,110
Controller
Financial Managers, SOC 11-3031
$191,110
Finance Manager
Financial Managers, SOC 11-3031
$191,110
Attorney
Lawyers, SOC 23-1011
$187,420
Insurance Broker
Insurance Sales Agents, SOC 41-3021
$87,860
Salary Snapshot
The median annual salary for insurance brokers in Chicago is $69,240. The middle market range runs from $47,900 at the 25th percentile to $100,490 at the 75th percentile. The wider salary range runs from $37,150to $163,800.
| Measure | Value | How to read it |
|---|---|---|
| 10th percentile | $37,150 | Lower published wage point |
| 25th percentile | $47,900 | Common lower market anchor |
| Median | $69,240 | Middle of the BLS wage range |
| 75th percentile | $100,490 | Upper market anchor |
| 90th percentile | $163,800 | High published wage point |
Source Notes
This page maps Insurance Broker to BLS occupation Insurance Sales Agents, SOC 41-3021. The wage data is annual USD salary from BLS OEWS 2025. It does not include equity, signing bonus, bonus targets, benefits value, or self-employed income.
This page uses the BLS OEWS occupation Insurance Sales Agents, SOC 41-3021, as the public wage source for Insurance Broker.
- BLS area
- Chicago-Naperville-Elgin, IL-IN
- Employment estimate
- 11,870
Frequently Asked Questions
What is the median insurance broker salary in Chicago?
The median annual salary for insurance brokers in Chicago is $69,240, based on BLS OEWS 2025 data for Insurance Sales Agents.
How much can fresher insurance broker candidates expect in Chicago?
Freshers and entry-level candidates can use the 10th to 25th percentile range as a guide. For insurance brokers in Chicago, that range is $37,150 to $47,900. It is a percentile band, not a fixed years-of-experience rule.
What is the intermediate insurance broker salary range in Chicago?
Intermediate candidates can compare offers against the 25th to 75th percentile range. For insurance brokers in Chicago, that range is $47,900 to $100,490.
What do senior insurance broker candidates earn in Chicago?
Senior candidates can use the 75th to 90th percentile range for stronger skill depth, senior scope, or higher-paying employers. For insurance brokers in Chicago, that range is $100,490 to $163,800.
Does this salary data include bonuses or equity?
No. BLS OEWS wage estimates cover wages and salaries. They do not fully capture equity, signing bonuses, annual bonus targets, benefits value, or contractor rates.
How should I use these salary percentiles?
Use percentiles as market anchors. The 10th to 25th percentile can fit fresher or lower-paid roles, the median is the midpoint, and the 75th to 90th percentile can fit stronger experience, scarce skills, or higher-paying employers.
Why does this page use Insurance Sales Agents instead of only Insurance Broker?
BLS publishes wages by standard occupation. This page maps Insurance Broker to Insurance Sales Agents, SOC 41-3021, so the numbers come from a public wage series instead of a private survey.
Does Chicago mean city limits or a metro area?
Chicago is displayed as a candidate-friendly city label, but the underlying wage estimate is for the BLS metro area Chicago-Naperville-Elgin, IL-IN, not strict city limits.
Written by Adithyan RK
Published on: 22 Apr 2026|Last updated: 11 Jul 2026
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