Occupational Employment and Wages, May 2013

43-4011 Brokerage Clerks

Perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, distributing dividends, and keeping records of daily transactions and holdings.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
60,300 2.8 % $22.96 $47,760 0.7 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $14.82 $17.55 $21.85 $27.53 $33.52
Annual Wage (2) $30,830 $36,500 $45,450 $57,250 $69,730


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 38,870 8.78 $23.09 $48,020
Other Financial Investment Activities 7,900 1.96 $23.18 $48,220
Depository Credit Intermediation 6,050 0.35 $23.41 $48,680
Management of Companies and Enterprises 2,420 0.11 $21.07 $43,830
Insurance Carriers 1,140 0.10 $21.18 $44,050

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 38,870 8.78 $23.09 $48,020
Securities and Commodity Exchanges 340 5.21 $24.74 $51,460
Other Investment Pools and Funds 350 4.38 $20.41 $42,450
Other Financial Investment Activities 7,900 1.96 $23.18 $48,220
Depository Credit Intermediation 6,050 0.35 $23.41 $48,680

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Agencies, Brokerages, and Other Insurance Related Activities 540 0.06 $24.92 $51,830
Securities and Commodity Exchanges 340 5.21 $24.74 $51,460
Local Government (OES Designation) 100 (7) $24.28 $50,500
Depository Credit Intermediation 6,050 0.35 $23.41 $48,680
Employment Services 220 0.01 $23.28 $48,420


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 9,750 1.13 2.48 $26.55 $55,230
Florida 4,260 0.57 1.26 $19.56 $40,680
New Jersey 4,060 1.06 2.34 $25.26 $52,530
Texas 3,720 0.34 0.75 $23.93 $49,780
California 3,670 0.25 0.55 $24.75 $51,480




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 9,750 1.13 2.48 $26.55 $55,230
New Jersey 4,060 1.06 2.34 $25.26 $52,530
Missouri 2,530 0.96 2.11 $18.81 $39,110
Connecticut 1,420 0.87 1.92 $30.05 $62,500
Arizona 1,720 0.70 1.53 $23.52 $48,920




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 1,420 0.87 1.92 $30.05 $62,500
District of Columbia 70 0.11 0.24 $29.68 $61,740
New York 9,750 1.13 2.48 $26.55 $55,230
North Dakota 30 0.08 0.18 $25.51 $53,060
New Jersey 4,060 1.06 2.34 $25.26 $52,530





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 10,490 2.00 4.40 $26.92 $55,990
Chicago-Joliet-Naperville, IL Metropolitan Division 3,090 0.83 1.83 $22.27 $46,310
Boston-Cambridge-Quincy, MA NECTA Division 1,800 1.03 2.26 $23.41 $48,690
St. Louis, MO-IL 1,730 1.34 2.94 $19.07 $39,670
Minneapolis-St. Paul-Bloomington, MN-WI 1,690 0.95 2.08 $21.76 $45,260
Phoenix-Mesa-Glendale, AZ 1,640 0.92 2.03 $23.61 $49,110
Philadelphia, PA Metropolitan Division 1,430 0.78 1.71 $23.66 $49,200
Houston-Sugar Land-Baytown, TX 1,200 0.44 0.96 $25.81 $53,690
Dallas-Plano-Irving, TX Metropolitan Division 1,150 0.54 1.18 $24.55 $51,070
Bridgeport-Stamford-Norwalk, CT 1,110 2.64 5.81 $30.73 $63,920




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 1,110 2.64 5.81 $30.73 $63,920
New York-White Plains-Wayne, NY-NJ Metropolitan Division 10,490 2.00 4.40 $26.92 $55,990
St. Louis, MO-IL 1,730 1.34 2.94 $19.07 $39,670
West Palm Beach-Boca Raton-Boynton Beach, FL Metropolitan Division 680 1.30 2.86 $19.60 $40,770
Durham-Chapel Hill, NC 350 1.27 2.80 $20.36 $42,350
Fort Wayne, IN 210 1.05 2.31 $14.92 $31,030
Boston-Cambridge-Quincy, MA NECTA Division 1,800 1.03 2.26 $23.41 $48,690
Minneapolis-St. Paul-Bloomington, MN-WI 1,690 0.95 2.08 $21.76 $45,260
Phoenix-Mesa-Glendale, AZ 1,640 0.92 2.03 $23.61 $49,110
Miami-Miami Beach-Kendall, FL Metropolitan Division 940 0.92 2.03 $19.35 $40,250




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 1,110 2.64 5.81 $30.73 $63,920
Hartford-West Hartford-East Hartford, CT 220 0.39 0.87 $29.22 $60,770
San Jose-Sunnyvale-Santa Clara, CA 140 0.15 0.32 $27.19 $56,550
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 910 0.87 1.91 $26.98 $56,120
New York-White Plains-Wayne, NY-NJ Metropolitan Division 10,490 2.00 4.40 $26.92 $55,990
Oxnard-Thousand Oaks-Ventura, CA 90 0.30 0.67 $26.19 $54,460
Santa Barbara-Santa Maria-Goleta, CA 40 0.22 0.48 $26.09 $54,270
St. Cloud, MN 70 0.76 1.67 $26.03 $54,150
Tacoma, WA Metropolitan Division 50 0.21 0.46 $25.95 $53,970
Edison-New Brunswick, NJ Metropolitan Division 700 0.72 1.58 $25.87 $53,810

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Central Illinois nonmetropolitan area 90 0.52 1.15 $15.16 $31,520
Southeast Iowa nonmetropolitan area 90 0.41 0.91 $16.07 $33,420
Western Central North Carolina nonmetropolitan area 60 0.22 0.48 $16.45 $34,220
Other North Carolina nonmetropolitan area 40 0.12 0.27 $22.73 $47,290
West Central Wisconsin nonmetropolitan area 40 0.20 0.45 $17.84 $37,110

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Central Illinois nonmetropolitan area 90 0.52 1.15 $15.16 $31,520
Southeast Iowa nonmetropolitan area 90 0.41 0.91 $16.07 $33,420
Low Country South Carolina nonmetropolitan area 30 0.28 0.62 $18.55 $38,590
Western Central North Carolina nonmetropolitan area 60 0.22 0.48 $16.45 $34,220
West Central Wisconsin nonmetropolitan area 40 0.20 0.45 $17.84 $37,110

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Other North Carolina nonmetropolitan area 40 0.12 0.27 $22.73 $47,290
Eastern South Dakota nonmetropolitan area (8) (8) (8) $21.37 $44,440
Low Country South Carolina nonmetropolitan area 30 0.28 0.62 $18.55 $38,590
West Central Wisconsin nonmetropolitan area 40 0.20 0.45 $17.84 $37,110
Northeast Florida nonmetropolitan area (8) (8) (8) $17.29 $35,970


About May 2013 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(7) The value is less than .005 percent of industry employment.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2013 National Occupational Employment and Wage Estimates

May 2013 State Occupational Employment and Wage Estimates

May 2013 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2013 National Industry-Specific Occupational Employment and Wage Estimates

May 2013 Occupation Profiles

Technical Notes

 

Last Modified Date: April 1, 2014