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:
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:
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:
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
United States Department of Labor
