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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2019

41-3031 Securities, Commodities, and Financial Services Sales Agents

Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.


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

National estimates for this occupation:

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
437,880 1.2 % $44.75 $93,090 1.4 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $16.98 $20.92 $29.94 $54.22 $98.14
Annual Wage (2) $35,320 $43,510 $62,270 $112,770 $204,130


Industry profile for this occupation:

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)
Credit Intermediation and Related Activities (5221 And 5223 only) 197,050 9.63 $32.27 $67,110
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 180,160 19.15 $59.29 $123,330
Nondepository Credit Intermediation 24,120 4.23 $37.86 $78,750
Management of Companies and Enterprises 13,470 0.55 $48.24 $100,350
Insurance Carriers 6,070 0.51 $32.81 $68,240

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, Commodity Contracts, and Other Financial Investments and Related Activities 180,160 19.15 $59.29 $123,330
Credit Intermediation and Related Activities (5221 And 5223 only) 197,050 9.63 $32.27 $67,110
Other Investment Pools and Funds 560 5.83 $42.18 $87,740
Nondepository Credit Intermediation 24,120 4.23 $37.86 $78,750
Management of Companies and Enterprises 13,470 0.55 $48.24 $100,350

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Pipeline Transportation of Crude Oil 40 0.31 $76.87 $159,890
Management, Scientific, and Technical Consulting Services 1,260 0.08 $62.52 $130,030
Wholesale Electronic Markets and Agents and Brokers 720 0.14 $60.10 $125,000
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 180,160 19.15 $59.29 $123,330
Real Estate (8) (8) $54.99 $114,370


Geographic profile for this occupation:

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 67,120 7.05 2.36 $73.94 $153,800
California 57,210 3.29 1.10 $37.71 $78,430
Texas 39,630 3.19 1.07 $38.74 $80,580
Florida 30,060 3.42 1.15 $37.89 $78,820
Illinois 22,550 3.74 1.26 $42.05 $87,460




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 67,120 7.05 2.36 $73.94 $153,800
Colorado 11,730 4.38 1.47 $32.34 $67,260
Delaware 1,960 4.33 1.45 $47.31 $98,400
New Jersey 16,650 4.07 1.37 $45.65 $94,950
Illinois 22,550 3.74 1.26 $42.05 $87,460




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 67,120 7.05 2.36 $73.94 $153,800
Connecticut 6,210 3.73 1.25 $58.18 $121,020
Massachusetts 11,220 3.10 1.04 $54.19 $112,720
Minnesota 9,240 3.21 1.08 $52.47 $109,130
Kansas 2,540 1.82 0.61 $49.75 $103,480





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-Newark-Jersey City, NY-NJ-PA 72,850 7.55 2.53 $72.06 $149,880
Los Angeles-Long Beach-Anaheim, CA 22,900 3.67 1.23 $36.16 $75,210
Chicago-Naperville-Elgin, IL-IN-WI 20,480 4.38 1.47 $42.99 $89,410
Dallas-Fort Worth-Arlington, TX 15,570 4.26 1.43 $39.47 $82,100
Miami-Fort Lauderdale-West Palm Beach, FL 12,540 4.74 1.59 $42.41 $88,220
San Francisco-Oakland-Hayward, CA 10,660 4.31 1.45 $48.93 $101,770
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 10,590 3.68 1.23 $43.32 $90,110
Houston-The Woodlands-Sugar Land, TX 10,410 3.41 1.14 $41.16 $85,610
Boston-Cambridge-Nashua, MA-NH 10,030 3.58 1.20 $55.98 $116,430
Denver-Aurora-Lakewood, CO 8,540 5.65 1.89 $32.58 $67,760




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)
Trenton, NJ 2,380 9.91 3.32 (8) (8)
Bridgeport-Stamford-Norwalk, CT 3,640 8.80 2.95 $71.62 $148,960
New York-Newark-Jersey City, NY-NJ-PA 72,850 7.55 2.53 $72.06 $149,880
Denver-Aurora-Lakewood, CO 8,540 5.65 1.89 $32.58 $67,760
Charlotte-Concord-Gastonia, NC-SC 6,710 5.39 1.81 $46.10 $95,890
The Villages, FL 140 4.80 1.61 $45.69 $95,020
Miami-Fort Lauderdale-West Palm Beach, FL 12,540 4.74 1.59 $42.41 $88,220
Buffalo-Cheektowaga-Niagara Falls, NY 2,590 4.69 1.57 $38.83 $80,760
Chicago-Naperville-Elgin, IL-IN-WI 20,480 4.38 1.47 $42.99 $89,410
San Francisco-Oakland-Hayward, CA 10,660 4.31 1.45 $48.93 $101,770




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)
New York-Newark-Jersey City, NY-NJ-PA 72,850 7.55 2.53 $72.06 $149,880
Bridgeport-Stamford-Norwalk, CT 3,640 8.80 2.95 $71.62 $148,960
Owensboro, KY 60 1.22 0.41 $64.23 $133,600
Utica-Rome, NY 240 1.86 0.62 $63.80 $132,710
Columbus, IN (8) (8) (8) $62.31 $129,610
Athens-Clarke County, GA 170 1.94 0.65 $58.29 $121,240
Elmira, NY 30 0.89 0.30 $57.95 $120,540
Missoula, MT 60 1.04 0.35 $56.24 $116,980
Boston-Cambridge-Nashua, MA-NH 10,030 3.58 1.20 $55.98 $116,430
Minneapolis-St. Paul-Bloomington, MN-WI 7,720 3.92 1.31 $55.68 $115,810

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)
North Northeastern Ohio non-metropolitan area (non-contiguous) 500 1.50 0.50 $31.24 $64,980
Southeast Minnesota nonmetropolitan area 480 3.03 1.02 $38.51 $80,110
Balance of Lower Peninsula of Michigan nonmetropolitan area 470 1.70 0.57 (8) (8)
North Texas Region of Texas nonmetropolitan area 460 1.67 0.56 $37.48 $77,970
Southeast Coastal North Carolina nonmetropolitan area 360 1.47 0.49 $30.98 $64,440

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)
Southeast Minnesota nonmetropolitan area 480 3.03 1.02 $38.51 $80,110
North Missouri nonmetropolitan area 290 2.70 0.90 $25.83 $53,730
Northwestern Idaho nonmetropolitan area 160 2.37 0.79 $24.17 $50,270
Upper Savannah South Carolina nonmetropolitan area 170 2.07 0.69 $33.63 $69,950
Coast Oregon nonmetropolitan area 230 2.05 0.69 $22.49 $46,770

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)
Central New Hampshire nonmetropolitan area 60 0.62 0.21 $63.43 $131,940
West South Dakota nonmetropolitan area 70 1.23 0.41 $60.31 $125,450
South Nebraska nonmetropolitan area 140 0.97 0.32 $56.28 $117,060
Southwest Maine nonmetropolitan area 90 0.49 0.16 $56.03 $116,530
Southwest Montana nonmetropolitan area 160 1.15 0.39 $54.94 $114,280


About May 2019 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.

(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 2019 National Occupational Employment and Wage Estimates

May 2019 State Occupational Employment and Wage Estimates

May 2019 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2019 National Industry-Specific Occupational Employment and Wage Estimates

May 2019 Occupation Profiles

Technical Notes

 

Last Modified Date: July 6, 2020