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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2023

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)
479,630 0.9 % $ 52.75 $ 109,710 1.3 %

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

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 21.84 $ 24.08 $ 36.97 $ 61.38 $ 102.01
Annual Wage (2) $ 45,420 $ 50,080 $ 76,900 $ 127,670 $ 212,180


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) 240,170 11.78 $ 38.76 $ 80,620
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 172,400 16.20 $ 72.05 $ 149,860
Nondepository Credit Intermediation 25,250 4.59 $ 45.67 $ 95,000
Management of Companies and Enterprises 17,040 0.61 $ 66.97 $ 139,300
Insurance Carriers 7,900 0.65 $ 42.11 $ 87,590

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 172,400 16.20 $ 72.05 $ 149,860
Credit Intermediation and Related Activities (5221 and 5223 only) 240,170 11.78 $ 38.76 $ 80,620
Other Investment Pools and Funds 850 4.60 $ 70.16 $ 145,940
Nondepository Credit Intermediation 25,250 4.59 $ 45.67 $ 95,000
Insurance and Employee Benefit Funds 80 0.70 $ 47.09 $ 97,940

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)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 172,400 16.20 $ 72.05 $ 149,860
Other Investment Pools and Funds 850 4.60 $ 70.16 $ 145,940
Automobile Dealers 1,890 0.15 $ 67.56 $ 140,520
Management of Companies and Enterprises 17,040 0.61 $ 66.97 $ 139,300
Monetary Authorities-Central Bank 30 0.16 $ 62.62 $ 130,250


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 2023


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 62,110 6.61 2.09 $ 94.95 $ 197,490
California 56,820 3.17 1.00 $ 48.60 $ 101,090
Florida 43,710 4.57 1.45 $ 42.74 $ 88,890
Texas 41,120 3.03 0.96 $ 48.87 $ 101,650
Illinois 25,390 4.22 1.34 $ 53.25 $ 110,750


Map of location quotient of securities, commodities, and financial services sales agents by state, May 2023


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 62,110 6.61 2.09 $ 94.95 $ 197,490
Delaware 2,330 4.96 1.57 $ 49.54 $ 103,050
Florida 43,710 4.57 1.45 $ 42.74 $ 88,890
New Jersey 18,000 4.28 1.36 $ 53.36 $ 110,990
Illinois 25,390 4.22 1.34 $ 53.25 $ 110,750


Map of annual mean wages of securities, commodities, and financial services sales agents by state, May 2023


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 62,110 6.61 2.09 $ 94.95 $ 197,490
Connecticut 5,890 3.55 1.12 $ 62.42 $ 129,840
Virginia 11,690 2.94 0.93 $ 58.21 $ 121,080
Alaska 140 0.44 0.14 $ 54.33 $ 113,010
New Jersey 18,000 4.28 1.36 $ 53.36 $ 110,990



Map of employment of securities, commodities, and financial services sales agents by area, May 2023


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 68,120 7.17 2.27 $ 91.94 $ 191,240
Los Angeles-Long Beach-Anaheim, CA 22,230 3.59 1.14 $ 48.48 $ 100,840
Chicago-Naperville-Elgin, IL-IN-WI 21,940 4.87 1.54 $ 53.94 $ 112,200
Dallas-Fort Worth-Arlington, TX 16,130 4.07 1.29 $ 52.11 $ 108,380
Miami-Fort Lauderdale-West Palm Beach, FL 14,010 5.15 1.63 $ 43.77 $ 91,040
Boston-Cambridge-Nashua, MA-NH 11,710 4.24 1.34 $ 54.38 $ 113,110
San Francisco-Oakland-Hayward, CA 11,360 4.69 1.49 $ 57.81 $ 120,240
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 11,090 3.92 1.24 $ 44.41 $ 92,360
Phoenix-Mesa-Scottsdale, AZ 9,540 4.17 1.32 $ 38.86 $ 80,830
Atlanta-Sandy Springs-Roswell, GA 9,530 3.38 1.07 $ 48.29 $ 100,440


Map of location quotient of securities, commodities, and financial services sales agents by area, May 2023


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 1,900 7.98 2.53 $ 47.14 $ 98,050
The Villages, FL 300 7.88 2.49 $ 32.23 $ 67,040
Bridgeport-Stamford-Norwalk, CT 3,050 7.60 2.41 $ 71.86 $ 149,480
New York-Newark-Jersey City, NY-NJ-PA 68,120 7.17 2.27 $ 91.94 $ 191,240
Charlotte-Concord-Gastonia, NC-SC 8,430 6.43 2.04 $ 51.23 $ 106,550
Tampa-St. Petersburg-Clearwater, FL 7,780 5.51 1.74 $ 43.39 $ 90,240
Jacksonville, FL 4,060 5.49 1.74 $ 41.64 $ 86,620
Sebastian-Vero Beach, FL 290 5.21 1.65 $ 39.14 $ 81,420
Miami-Fort Lauderdale-West Palm Beach, FL 14,010 5.15 1.63 $ 43.77 $ 91,040
Chicago-Naperville-Elgin, IL-IN-WI 21,940 4.87 1.54 $ 53.94 $ 112,200


Map of annual mean wages of securities, commodities, and financial services sales agents by area, May 2023


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 68,120 7.17 2.27 $ 91.94 $ 191,240
Bridgeport-Stamford-Norwalk, CT 3,050 7.60 2.41 $ 71.86 $ 149,480
Sioux Falls, SD 290 1.73 0.55 $ 70.96 $ 147,590
Richmond, VA 3,010 4.65 1.47 $ 67.06 $ 139,490
Bremerton-Silverdale, WA 170 1.84 0.58 $ 63.75 $ 132,600
Anchorage, AK 100 0.60 0.19 $ 62.95 $ 130,940
Lafayette-West Lafayette, IN 100 0.97 0.31 $ 60.33 $ 125,480
Charlottesville, VA 340 3.05 0.96 $ 59.36 $ 123,470
Midland, MI 30 0.95 0.30 $ 58.70 $ 122,100
Kingston, NY 70 1.24 0.39 $ 58.65 $ 122,000

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)
Southeast Coastal North Carolina nonmetropolitan area 790 3.17 1.00 $ 29.01 $ 60,350
Piedmont North Carolina nonmetropolitan area 500 1.96 0.62 $ 30.55 $ 63,540
North Northeastern Ohio nonmetropolitan area (noncontiguous) 500 1.53 0.48 $ 36.73 $ 76,400
Southwest Maine nonmetropolitan area 470 2.49 0.79 $ 35.90 $ 74,680
Southern Ohio nonmetropolitan area 400 2.47 0.78 $ 30.28 $ 62,970

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)
Southeast Coastal North Carolina nonmetropolitan area 790 3.17 1.00 $ 29.01 $ 60,350
Northeast South Carolina nonmetropolitan area 250 2.73 0.87 $ 29.14 $ 60,610
Big Thicket Region of Texas nonmetropolitan area 280 2.61 0.83 $ 47.17 $ 98,100
Southwest Maine nonmetropolitan area 470 2.49 0.79 $ 35.90 $ 74,680
Southern Ohio nonmetropolitan area 400 2.47 0.78 $ 30.28 $ 62,970

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 Kentucky nonmetropolitan area 130 0.87 0.28 $ 80.55 $ 167,550
Hill Country Region of Texas nonmetropolitan area 270 1.32 0.42 $ 64.36 $ 133,870
West Central-Southwest New Hampshire nonmetropolitan area 130 1.31 0.42 $ 60.59 $ 126,020
Western Washington nonmetropolitan area 190 1.46 0.46 $ 59.16 $ 123,060
Balance of Lower Peninsula of Michigan nonmetropolitan area 300 1.15 0.36 $ 58.88 $ 122,470


About May 2023 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.

(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 2023 National Occupational Employment and Wage Estimates

May 2023 State Occupational Employment and Wage Estimates

May 2023 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2023 National Industry-Specific Occupational Employment and Wage Estimates

May 2023 Occupation Profiles

Technical Notes

 

Last Modified Date: April 3, 2024