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Business Broker Salary
in Purchase, New York

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

$104,613 (USD)

Average Salary

$50/hr

Average Hourly

$19,646

Average Bonus

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Salary Recap

The average pay for a Business Broker is $104,613 a year and $50 an hour in Purchase, New York, United States. The average salary range for a Business Broker is between $58,374 and $130,661. On average, a Bachelor's Degree is the highest level of education for a Business Broker. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Purchase, New York.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salary Potential

Estimated salary in 2029:
$117,508
5 Year Change:
12 %

Shift Differentials

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About Purchase, New York

Purchase Cost of Living Score:

Description: Purchase is a hamlet in the town and village of Harrison, in Westchester County, New York, United States. One myth explains that its name is derived from Harrison's purchase, where John Harrison was to be granted as much land as he could ride in one day. Purchase is home to State University of New York at Purchase and Manhattanville College and is one of the richest communities on the east coast.
Description:
  • Purchases and sells business enterprises or investment property on speculative or commission basis.
  • Reviews trade journals, business opportunity advertisements, or other publications to ascertain business enterprises or investment property up for sale.
  • Studies financial rating of business, customer appeal for type of merchandise, and desirability of location for type of business or condition and location of investment property.
  • Requires license by state.

Business Broker Job Listings for

No listings found

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Salary Recap

The average pay for a Business Broker is $104,613 a year and $50 an hour in Purchase, New York, United States. The average salary range for a Business Broker is between $58,374 and $130,661. On average, a Bachelor's Degree is the highest level of education for a Business Broker. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Purchase, New York.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Job Statistics

Business Broker Job Prevalence in the United States

Job family: Real Estate Brokers

Job family population: 51,350

Estimated population of Business Broker jobs: 12,971

Rate of error: 12.9%

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Purchase Cost of Living Score:

Description: Purchase is a hamlet in the town and village of Harrison, in Westchester County, New York, United States. One myth explains that its name is derived from Harrison's purchase, where John Harrison was to be granted as much land as he could ride in one day. Purchase is home to State University of New York at Purchase and Manhattanville College and is one of the richest communities on the east coast.
Description:
  • Purchases and sells business enterprises or investment property on speculative or commission basis.
  • Reviews trade journals, business opportunity advertisements, or other publications to ascertain business enterprises or investment property up for sale.
  • Studies financial rating of business, customer appeal for type of merchandise, and desirability of location for type of business or condition and location of investment property.
  • Requires license by state.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

White Papers

National Compensation Forecast October 2024
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ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
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Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More

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Explore our most popular jobs
View our most popular salary searches and other resources