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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020

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 Brokerage Clerks
Industry profile for Brokerage Clerks
Geographic profile for Brokerage Clerks

National estimates for Brokerage Clerks: Top

Employment estimate and mean wage estimates for Brokerage Clerks:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
44,720 3.1 % $ 28.11 $ 58,460 0.8 %

Percentile wage estimates for Brokerage Clerks:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 17.84 $ 21.77 $ 26.57 $ 32.42 $ 40.03
Annual Wage (2) $ 37,100 $ 45,280 $ 55,270 $ 67,420 $ 83,260


Industry profile for Brokerage Clerks: Top

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

Industries with the highest levels of employment in Brokerage Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 32,730 3.47 $ 28.66 $ 59,610
Credit Intermediation and Related Activities (5221 and 5223 only) 6,590 0.32 $ 27.54 $ 57,290
Management of Companies and Enterprises 1,280 0.05 $ 26.58 $ 55,290
Nondepository Credit Intermediation 1,110 0.19 $ 25.13 $ 52,280
Real Estate 740 0.04 $ 24.43 $ 50,810

Industries with the highest concentration of employment in Brokerage Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 32,730 3.47 $ 28.66 $ 59,610
Credit Intermediation and Related Activities (5221 and 5223 only) 6,590 0.32 $ 27.54 $ 57,290
Nondepository Credit Intermediation 1,110 0.19 $ 25.13 $ 52,280
Freight Transportation Arrangement 330 0.14 $ 27.15 $ 56,470
Agencies, Brokerages, and Other Insurance Related Activities 720 0.06 $ 24.29 $ 50,520

Top paying industries for Brokerage Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 32,730 3.47 $ 28.66 $ 59,610
Legal Services (8) (8) $ 28.19 $ 58,620
Credit Intermediation and Related Activities (5221 and 5223 only) 6,590 0.32 $ 27.54 $ 57,290
Local Government, excluding schools and hospitals (OEWS Designation) 60 (7) $ 27.36 $ 56,920
Freight Transportation Arrangement 330 0.14 $ 27.15 $ 56,470


Geographic profile for Brokerage Clerks: Top

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





States with the highest employment level in Brokerage Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 4,530 0.52 1.62 $ 36.40 $ 75,710
Texas 4,520 0.37 1.16 $ 27.36 $ 56,920
California 3,870 0.24 0.73 $ 29.33 $ 61,010
New Jersey 2,840 0.75 2.33 $ 30.87 $ 64,200
Florida 2,650 0.31 0.98 $ 26.11 $ 54,310




States with the highest concentration of jobs and location quotients in Brokerage Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New Jersey 2,840 0.75 2.33 $ 30.87 $ 64,200
Missouri 1,690 0.63 1.96 $ 23.13 $ 48,110
Minnesota 1,590 0.59 1.83 $ 27.24 $ 56,660
Delaware 230 0.53 1.65 $ 29.11 $ 60,560
Maryland 1,320 0.52 1.62 $ 28.74 $ 59,780




Top paying states for Brokerage Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 4,530 0.52 1.62 $ 36.40 $ 75,710
Connecticut 430 0.28 0.87 $ 33.99 $ 70,690
Maine 50 0.09 0.28 $ 31.89 $ 66,340
District of Columbia 130 0.18 0.57 $ 31.23 $ 64,960
New Jersey 2,840 0.75 2.33 $ 30.87 $ 64,200





Metropolitan areas with the highest employment level in Brokerage Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Newark-Jersey City, NY-NJ-PA 6,320 0.71 2.22 $ 35.47 $ 73,770
Dallas-Fort Worth-Arlington, TX 2,520 0.70 2.18 $ 27.48 $ 57,150
Chicago-Naperville-Elgin, IL-IN-WI 1,980 0.45 1.41 $ 29.97 $ 62,340
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,880 0.70 2.17 $ 29.06 $ 60,450
Los Angeles-Long Beach-Anaheim, CA 1,590 0.27 0.85 $ 28.01 $ 58,260
Boston-Cambridge-Nashua, MA-NH 1,500 0.58 1.79 $ 28.42 $ 59,120
St. Louis, MO-IL 1,440 1.11 3.45 $ 23.56 $ 49,010
Minneapolis-St. Paul-Bloomington, MN-WI 1,430 0.77 2.40 $ 27.45 $ 57,110
Baltimore-Columbia-Towson, MD 1,160 0.90 2.81 $ 28.23 $ 58,710
Charlotte-Concord-Gastonia, NC-SC 1,120 0.93 2.88 $ 27.32 $ 56,820




Metropolitan areas with the highest concentration of jobs and location quotients in Brokerage Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Trenton, NJ 340 1.45 4.52 $ 28.01 $ 58,270
Richmond, VA 720 1.15 3.58 $ 23.76 $ 49,430
St. Louis, MO-IL 1,440 1.11 3.45 $ 23.56 $ 49,010
Charlotte-Concord-Gastonia, NC-SC 1,120 0.93 2.88 $ 27.32 $ 56,820
Baltimore-Columbia-Towson, MD 1,160 0.90 2.81 $ 28.23 $ 58,710
Waco, TX 100 0.83 2.57 $ 21.70 $ 45,150
Minneapolis-St. Paul-Bloomington, MN-WI 1,430 0.77 2.40 $ 27.45 $ 57,110
Naples-Immokalee-Marco Island, FL 110 0.76 2.37 $ 25.91 $ 53,900
New York-Newark-Jersey City, NY-NJ-PA 6,320 0.71 2.22 $ 35.47 $ 73,770
Dallas-Fort Worth-Arlington, TX 2,520 0.70 2.18 $ 27.48 $ 57,150




Top paying metropolitan areas for Brokerage Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 240 0.65 2.02 $ 36.17 $ 75,240
New York-Newark-Jersey City, NY-NJ-PA 6,320 0.71 2.22 $ 35.47 $ 73,770
San Jose-Sunnyvale-Santa Clara, CA 120 0.11 0.34 $ 33.59 $ 69,860
San Francisco-Oakland-Hayward, CA 900 0.39 1.20 $ 32.67 $ 67,960
Portland-South Portland, ME 40 0.23 0.70 $ 32.23 $ 67,040
Hartford-West Hartford-East Hartford, CT 130 0.24 0.74 $ 31.48 $ 65,470
New Haven, CT 40 0.15 0.46 $ 31.37 $ 65,250
Des Moines-West Des Moines, IA 180 0.51 1.58 $ 30.99 $ 64,460
Kalamazoo-Portage, MI (8) (8) (8) $ 30.72 $ 63,890
Seattle-Tacoma-Bellevue, WA 290 0.15 0.46 $ 30.72 $ 63,890


About May 2020 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 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 OEWS estimates and related information:

May 2020 National Occupational Employment and Wage Estimates

May 2020 State Occupational Employment and Wage Estimates

May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2020 National Industry-Specific Occupational Employment and Wage Estimates

May 2020 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2021