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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2021

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)
426,870 1.2 % $ 44.84 $ 93,260 0.8 %

Percentile wage estimates for Securities, Commodities, and Financial Services Sales Agents:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 18.26 $ 23.12 $ 30.25 $ 55.88 $ 98.77
Annual Wage (2) $ 37,970 $ 48,100 $ 62,910 $ 116,240 $ 205,440


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) 211,740 10.58 $ 33.77 $ 70,250
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 151,990 15.85 $ 60.52 $ 125,880
Nondepository Credit Intermediation 26,100 4.20 $ 38.76 $ 80,630
Management of Companies and Enterprises 13,730 0.54 $ 47.74 $ 99,310
Insurance Carriers 6,100 0.51 $ 36.64 $ 76,210

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 151,990 15.85 $ 60.52 $ 125,880
Credit Intermediation and Related Activities (5221 and 5223 only) 211,740 10.58 $ 33.77 $ 70,250
Nondepository Credit Intermediation 26,100 4.20 $ 38.76 $ 80,630
Other Investment Pools and Funds 370 2.95 $ 60.00 $ 124,800
Insurance and Employee Benefit Funds 70 0.84 $ 60.20 $ 125,220

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)
Wholesale Electronic Markets and Agents and Brokers 790 0.17 $ 81.22 $ 168,940
Petroleum and Coal Products Manufacturing (8) (8) $ 72.68 $ 151,170
Electric Power Generation, Transmission and Distribution 90 0.02 $ 66.72 $ 138,770
Management, Scientific, and Technical Consulting Services 1,750 0.11 $ 63.47 $ 132,010
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 151,990 15.85 $ 60.52 $ 125,880


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.



Map of employment of securities, commodities, and financial services sales agents by state, May 2021


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 63,940 7.38 2.43 $ 75.36 $ 156,750
California 55,090 3.33 1.10 $ 40.31 $ 83,850
Texas 37,490 3.07 1.01 $ 42.74 $ 88,890
Florida 34,530 4.01 1.32 $ 37.75 $ 78,520
Illinois 22,770 4.05 1.34 $ 42.27 $ 87,930


Map of location quotient of securities, commodities, and financial services sales agents by state, May 2021


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 63,940 7.38 2.43 $ 75.36 $ 156,750
Delaware 2,280 5.24 1.73 $ 41.85 $ 87,060
Rhode Island 2,030 4.43 1.46 $ 40.19 $ 83,600
Colorado 11,020 4.20 1.39 $ 34.98 $ 72,760
Illinois 22,770 4.05 1.34 $ 42.27 $ 87,930


Map of annual mean wages of securities, commodities, and financial services sales agents by state, May 2021


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 63,940 7.38 2.43 $ 75.36 $ 156,750
Connecticut 3,980 2.53 0.84 $ 60.29 $ 125,390
District of Columbia 1,540 2.33 0.77 $ 56.24 $ 116,970
New Jersey 14,260 3.70 1.22 $ 50.51 $ 105,070
Massachusetts 9,990 2.94 0.97 $ 47.05 $ 97,870



Map of employment of securities, commodities, and financial services sales agents by area, May 2021


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 68,350 7.88 2.60 $ 74.46 $ 154,880
Los Angeles-Long Beach-Anaheim, CA 21,900 3.83 1.26 $ 38.59 $ 80,260
Chicago-Naperville-Elgin, IL-IN-WI 19,460 4.60 1.52 $ 44.16 $ 91,860
Dallas-Fort Worth-Arlington, TX 14,310 3.99 1.32 $ 43.90 $ 91,310
Miami-Fort Lauderdale-West Palm Beach, FL 12,460 5.08 1.68 $ 41.24 $ 85,780
San Francisco-Oakland-Hayward, CA 11,750 5.24 1.73 $ 50.28 $ 104,580
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 11,380 4.29 1.41 $ 41.72 $ 86,780
Houston-The Woodlands-Sugar Land, TX 9,140 3.16 1.04 $ 50.21 $ 104,430
Boston-Cambridge-Nashua, MA-NH 9,040 3.50 1.15 $ 48.00 $ 99,830
Atlanta-Sandy Springs-Roswell, GA 8,070 3.12 1.03 $ 40.61 $ 84,460


Map of location quotient of securities, commodities, and financial services sales agents by area, May 2021


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)
New York-Newark-Jersey City, NY-NJ-PA 68,350 7.88 2.60 $ 74.46 $ 154,880
Trenton, NJ 1,790 7.87 2.60 $ 48.39 $ 100,650
The Villages, FL 240 7.14 2.36 $ 34.24 $ 71,220
Bridgeport-Stamford-Norwalk, CT 2,310 6.15 2.03 $ 67.93 $ 141,290
Jacksonville, FL 3,870 5.64 1.86 $ 38.90 $ 80,900
Charlotte-Concord-Gastonia, NC-SC 6,420 5.31 1.75 $ 45.57 $ 94,780
San Francisco-Oakland-Hayward, CA 11,750 5.24 1.73 $ 50.28 $ 104,580
Sebastian-Vero Beach, FL 260 5.12 1.69 $ 32.25 $ 67,080
Miami-Fort Lauderdale-West Palm Beach, FL 12,460 5.08 1.68 $ 41.24 $ 85,780
Denver-Aurora-Lakewood, CO 7,290 4.97 1.64 $ 35.16 $ 73,130


Map of annual mean wages of securities, commodities, and financial services sales agents by area, May 2021


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 68,350 7.88 2.60 $ 74.46 $ 154,880
Bridgeport-Stamford-Norwalk, CT 2,310 6.15 2.03 $ 67.93 $ 141,290
Memphis, TN-MS-AR 910 1.50 0.49 $ 58.26 $ 121,180
Manchester, NH 190 1.83 0.60 $ 57.48 $ 119,560
Portsmouth, NH-ME 180 2.04 0.67 $ 55.33 $ 115,090
Norwich-New London-Westerly, CT-RI 90 0.80 0.26 $ 54.51 $ 113,380
Hartford-West Hartford-East Hartford, CT 920 1.69 0.56 $ 52.93 $ 110,100
San Francisco-Oakland-Hayward, CA 11,750 5.24 1.73 $ 50.28 $ 104,580
Houston-The Woodlands-Sugar Land, TX 9,140 3.16 1.04 $ 50.21 $ 104,430
Minneapolis-St. Paul-Bloomington, MN-WI 6,210 3.41 1.12 $ 49.70 $ 103,370

Nonmetropolitan areas with the highest employment in Securities, Commodities, and Financial Services Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
North Texas Region of Texas nonmetropolitan area 400 1.49 0.49 $ 36.09 $ 75,060
Northeastern Wisconsin nonmetropolitan area 380 1.99 0.66 $ 27.15 $ 56,460
Northern Pennsylvania nonmetropolitan area 370 2.52 0.83 $ 26.58 $ 55,290
Southeast Iowa nonmetropolitan area 370 1.74 0.57 $ 22.66 $ 47,130
Southeast Coastal North Carolina nonmetropolitan area 350 1.44 0.48 $ 29.11 $ 60,560

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Securities, Commodities, and Financial Services Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
North Missouri nonmetropolitan area 340 3.31 1.09 $ 29.29 $ 60,930
Eastern and Southern Colorado nonmetropolitan area 190 2.89 0.95 $ 34.69 $ 72,140
Northeast Virginia nonmetropolitan area 130 2.63 0.87 $ 27.43 $ 57,060
Northern Pennsylvania nonmetropolitan area 370 2.52 0.83 $ 26.58 $ 55,290
Northwest Colorado nonmetropolitan area 290 2.50 0.82 $ 36.68 $ 76,290

Top paying nonmetropolitan areas for Securities, Commodities, and Financial Services Sales Agents:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Central-Southwest New Hampshire nonmetropolitan area 120 1.20 0.40 $ 54.97 $ 114,350
Central New Hampshire nonmetropolitan area 110 1.19 0.39 $ 52.47 $ 109,130
Hawaii / Kauai nonmetropolitan area 40 0.47 0.15 $ 48.06 $ 99,960
West Texas Region of Texas nonmetropolitan area 150 0.81 0.27 $ 44.96 $ 93,510
South Nebraska nonmetropolitan area 110 0.78 0.26 $ 43.61 $ 90,710


About May 2021 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 OEWS estimates and related information:

May 2021 National Occupational Employment and Wage Estimates

May 2021 State Occupational Employment and Wage Estimates

May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2021 National Industry-Specific Occupational Employment and Wage Estimates

May 2021 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2022