Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020
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 Securities, Commodities, and Financial Services Sales Agents
Industry profile for Securities, Commodities, and Financial Services Sales Agents
Geographic profile for Securities, Commodities, and Financial Services Sales Agents
National estimates for Securities, Commodities, and Financial Services Sales Agents:
Employment estimate and mean wage estimates for Securities, Commodities, and Financial Services Sales Agents:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 440,300 |
1.3 % |
$ 46.41 |
$ 96,540 |
1.3 % |
Percentile wage estimates for Securities, Commodities, and Financial Services Sales Agents:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$ 17.74 |
$ 22.08 |
$ 31.14 |
$ 55.78 |
(5) |
| Annual Wage (2) |
$ 36,910 |
$ 45,930 |
$ 64,770 |
$ 116,020 |
(5) |
Industry profile for Securities, Commodities, and Financial Services Sales Agents:
Industries with the highest published employment and wages for Securities, Commodities, and Financial Services Sales Agents are provided.
For a list of all industries with employment in Securities, Commodities, and Financial Services Sales Agents, see the Create Customized Tables function.
Industries with the highest levels of employment in Securities, Commodities, and Financial Services Sales Agents:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Credit Intermediation and Related Activities (5221 and 5223 only) |
196,520 |
9.68 |
$ 33.47 |
$ 69,610 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
176,050 |
18.68 |
$ 61.96 |
$ 128,880 |
| Nondepository Credit Intermediation |
26,370 |
4.56 |
$ 38.40 |
$ 79,870 |
| Management of Companies and Enterprises |
14,400 |
0.59 |
$ 50.79 |
$ 105,640 |
| Insurance Carriers |
8,060 |
0.67 |
$ 35.24 |
$ 73,290 |
Industries with the highest concentration of employment in Securities, Commodities, and Financial Services Sales Agents:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
176,050 |
18.68 |
$ 61.96 |
$ 128,880 |
| Credit Intermediation and Related Activities (5221 and 5223 only) |
196,520 |
9.68 |
$ 33.47 |
$ 69,610 |
| Nondepository Credit Intermediation |
26,370 |
4.56 |
$ 38.40 |
$ 79,870 |
| Other Investment Pools and Funds |
450 |
4.16 |
$ 55.28 |
$ 114,980 |
| Insurance Carriers |
8,060 |
0.67 |
$ 35.24 |
$ 73,290 |
Top paying industries for Securities, Commodities, and Financial Services Sales Agents:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Merchant Wholesalers, Nondurable Goods (4241, 4247, and 4249 only) |
(8) |
(8) |
$ 109.82 |
$ 228,420 |
| Wholesale Electronic Markets and Agents and Brokers |
770 |
0.16 |
$ 62.58 |
$ 130,160 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
176,050 |
18.68 |
$ 61.96 |
$ 128,880 |
| Management, Scientific, and Technical Consulting Services |
1,700 |
0.11 |
$ 61.58 |
$ 128,080 |
| Local Government, excluding schools and hospitals (OEWS Designation) |
50 |
(7) |
$ 58.81 |
$ 122,320 |
Geographic profile for Securities, Commodities, and Financial Services Sales Agents:
States and areas with the highest published employment, location quotients, and wages for Securities, Commodities, and Financial Services Sales Agents are provided.
For a list of all areas with employment in Securities, Commodities, and Financial Services Sales Agents, see the Create Customized Tables function.
States with the highest employment level in Securities, Commodities, and Financial Services Sales Agents:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
65,630 |
7.55 |
2.39 |
$ 77.13 |
$ 160,430 |
| California |
58,550 |
3.56 |
1.13 |
$ 40.68 |
$ 84,620 |
| Texas |
36,910 |
3.05 |
0.96 |
$ 43.34 |
$ 90,150 |
| Florida |
32,010 |
3.79 |
1.20 |
$ 37.33 |
$ 77,650 |
| Illinois |
22,800 |
4.05 |
1.28 |
$ 45.35 |
$ 94,340 |
States with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
65,630 |
7.55 |
2.39 |
$ 77.13 |
$ 160,430 |
| New Jersey |
16,680 |
4.41 |
1.39 |
$ 47.99 |
$ 99,810 |
| Rhode Island |
1,950 |
4.40 |
1.39 |
$ 44.62 |
$ 92,800 |
| Colorado |
11,150 |
4.32 |
1.37 |
$ 32.79 |
$ 68,200 |
| Illinois |
22,800 |
4.05 |
1.28 |
$ 45.35 |
$ 94,340 |
Top paying states for Securities, Commodities, and Financial Services Sales Agents:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
65,630 |
7.55 |
2.39 |
$ 77.13 |
$ 160,430 |
| Connecticut |
5,360 |
3.48 |
1.10 |
$ 61.20 |
$ 127,300 |
| District of Columbia |
1,430 |
2.08 |
0.66 |
$ 54.56 |
$ 113,480 |
| Massachusetts |
11,310 |
3.38 |
1.07 |
$ 51.64 |
$ 107,400 |
| Minnesota |
8,530 |
3.15 |
0.99 |
$ 50.15 |
$ 104,300 |
Metropolitan areas with the highest employment level in Securities, Commodities, and Financial Services Sales Agents:
| 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 |
72,100 |
8.16 |
2.58 |
$ 75.18 |
$ 156,380 |
| Los Angeles-Long Beach-Anaheim, CA |
22,890 |
3.93 |
1.24 |
$ 36.29 |
$ 75,480 |
| Chicago-Naperville-Elgin, IL-IN-WI |
20,360 |
4.67 |
1.47 |
$ 46.57 |
$ 96,860 |
| Dallas-Fort Worth-Arlington, TX |
14,800 |
4.13 |
1.30 |
$ 44.45 |
$ 92,460 |
| Miami-Fort Lauderdale-West Palm Beach, FL |
13,550 |
5.40 |
1.71 |
$ 43.08 |
$ 89,600 |
| San Francisco-Oakland-Hayward, CA |
11,580 |
4.97 |
1.57 |
$ 56.19 |
$ 116,880 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
10,800 |
4.01 |
1.27 |
$ 49.50 |
$ 102,950 |
| Boston-Cambridge-Nashua, MA-NH |
10,430 |
4.01 |
1.27 |
$ 53.12 |
$ 110,480 |
| Houston-The Woodlands-Sugar Land, TX |
10,070 |
3.39 |
1.07 |
$ 50.21 |
$ 104,430 |
| Atlanta-Sandy Springs-Roswell, GA |
8,560 |
3.25 |
1.03 |
$ 42.87 |
$ 89,170 |
Metropolitan areas with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Trenton, NJ |
2,460 |
10.69 |
3.38 |
(8) |
(8) |
| New York-Newark-Jersey City, NY-NJ-PA |
72,100 |
8.16 |
2.58 |
$ 75.18 |
$ 156,380 |
| Bridgeport-Stamford-Norwalk, CT |
2,960 |
7.87 |
2.48 |
$ 74.68 |
$ 155,340 |
| Charlotte-Concord-Gastonia, NC-SC |
7,340 |
6.06 |
1.92 |
$ 50.86 |
$ 105,790 |
| Denver-Aurora-Lakewood, CO |
7,890 |
5.41 |
1.71 |
$ 33.16 |
$ 68,980 |
| Miami-Fort Lauderdale-West Palm Beach, FL |
13,550 |
5.40 |
1.71 |
$ 43.08 |
$ 89,600 |
| The Villages, FL |
160 |
5.22 |
1.65 |
$ 48.39 |
$ 100,650 |
| Sebastian-Vero Beach, FL |
260 |
5.13 |
1.62 |
$ 26.23 |
$ 54,560 |
| Jacksonville, FL |
3,450 |
5.05 |
1.59 |
$ 31.95 |
$ 66,460 |
| San Francisco-Oakland-Hayward, CA |
11,580 |
4.97 |
1.57 |
$ 56.19 |
$ 116,880 |
Top paying metropolitan areas for Securities, Commodities, and Financial Services Sales Agents:
| 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 |
72,100 |
8.16 |
2.58 |
$ 75.18 |
$ 156,380 |
| Bridgeport-Stamford-Norwalk, CT |
2,960 |
7.87 |
2.48 |
$ 74.68 |
$ 155,340 |
| Missoula, MT |
70 |
1.17 |
0.37 |
$ 58.86 |
$ 122,420 |
| New Orleans-Metairie, LA |
530 |
1.03 |
0.33 |
$ 57.31 |
$ 119,210 |
| San Francisco-Oakland-Hayward, CA |
11,580 |
4.97 |
1.57 |
$ 56.19 |
$ 116,880 |
| Fort Smith, AR-OK |
80 |
0.80 |
0.25 |
$ 55.20 |
$ 114,810 |
| Norwich-New London-Westerly, CT-RI |
110 |
1.01 |
0.32 |
$ 54.93 |
$ 114,250 |
| St. Joseph, MO-KS |
(8) |
(8) |
(8) |
$ 54.31 |
$ 112,960 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
7,090 |
3.83 |
1.21 |
$ 53.61 |
$ 111,500 |
| Owensboro, KY |
60 |
1.24 |
0.39 |
$ 53.59 |
$ 111,460 |
Nonmetropolitan areas with the highest employment in Securities, Commodities, and Financial Services Sales Agents:
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:
Top paying nonmetropolitan areas for Securities, Commodities, and Financial Services Sales Agents:
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.
(5) This wage is equal to or greater than $100.00 per hour or $208,000 per year.
(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
United States Department of Labor
