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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2023

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)
48,060 3.5 % $ 30.35 $ 63,130 0.9 %

Percentile wage estimates for Brokerage Clerks:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 22.00 $ 24.44 $ 28.92 $ 34.65 $ 41.49
Annual Wage (2) $ 45,750 $ 50,830 $ 60,150 $ 72,080 $ 86,300


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 31,940 3.00 $ 31.88 $ 66,310
Credit Intermediation and Related Activities (5221 and 5223 only) 8,990 0.44 $ 27.42 $ 57,030
Agencies, Brokerages, and Other Insurance Related Activities 1,700 0.13 $ 25.07 $ 52,140
Management of Companies and Enterprises 1,000 0.04 $ 30.24 $ 62,900
Nondepository Credit Intermediation 750 0.14 $ 28.95 $ 60,220

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 31,940 3.00 $ 31.88 $ 66,310
Credit Intermediation and Related Activities (5221 and 5223 only) 8,990 0.44 $ 27.42 $ 57,030
Nondepository Credit Intermediation 750 0.14 $ 28.95 $ 60,220
Agencies, Brokerages, and Other Insurance Related Activities 1,700 0.13 $ 25.07 $ 52,140
Freight Transportation Arrangement 250 0.09 $ 26.32 $ 54,750

Top paying industries for Brokerage Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Wholesale Trade Agents and Brokers (8) (8) $ 34.39 $ 71,520
State Government, excluding Schools and Hospitals (OEWS Designation) 40 (7) $ 34.32 $ 71,390
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 31,940 3.00 $ 31.88 $ 66,310
Warehousing and Storage 30 (7) $ 31.69 $ 65,910
Management of Companies and Enterprises 1,000 0.04 $ 30.24 $ 62,900


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.



Map of employment of brokerage clerks by state, May 2023


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 8,020 0.85 2.70 $ 37.59 $ 78,180
California 6,380 0.36 1.12 $ 32.19 $ 66,960
Texas 4,060 0.30 0.95 $ 27.08 $ 56,330
Florida 3,690 0.39 1.22 $ 27.25 $ 56,680
New Jersey 3,030 0.72 2.28 $ 34.35 $ 71,450


Map of location quotient of brokerage clerks by state, May 2023


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)
Rhode Island 440 0.91 2.88 $ 26.97 $ 56,100
New York 8,020 0.85 2.70 $ 37.59 $ 78,180
New Jersey 3,030 0.72 2.28 $ 34.35 $ 71,450
Montana 290 0.58 1.83 $ 22.93 $ 47,700
Delaware 250 0.53 1.68 $ 27.20 $ 56,570


Map of annual mean wages of brokerage clerks by state, May 2023


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 8,020 0.85 2.70 $ 37.59 $ 78,180
Connecticut 360 0.22 0.69 $ 36.72 $ 76,370
New Jersey 3,030 0.72 2.28 $ 34.35 $ 71,450
Illinois 2,310 0.38 1.21 $ 32.70 $ 68,010
California 6,380 0.36 1.12 $ 32.19 $ 66,960



Map of employment of brokerage clerks by area, May 2023


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 8,640 0.91 2.88 $ 38.72 $ 80,530
Los Angeles-Long Beach-Anaheim, CA 3,430 0.56 1.75 $ 34.43 $ 71,610
Chicago-Naperville-Elgin, IL-IN-WI 2,100 0.47 1.47 $ 33.22 $ 69,090
Dallas-Fort Worth-Arlington, TX 1,970 0.50 1.57 $ 27.85 $ 57,920
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1,510 0.53 1.69 $ 26.54 $ 55,210
Miami-Fort Lauderdale-West Palm Beach, FL 1,180 0.43 1.37 $ 29.98 $ 62,360
Phoenix-Mesa-Scottsdale, AZ 1,060 0.46 1.46 $ 29.00 $ 60,310
Minneapolis-St. Paul-Bloomington, MN-WI 1,040 0.55 1.72 $ 28.23 $ 58,730
San Francisco-Oakland-Hayward, CA 1,030 0.43 1.35 $ 31.80 $ 66,140
Tampa-St. Petersburg-Clearwater, FL 970 0.69 2.18 $ 26.36 $ 54,820


Map of location quotient of brokerage clerks by area, May 2023


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 410 1.71 5.41 $ 33.50 $ 69,680
Winchester, VA-WV 80 1.18 3.71 $ 24.13 $ 50,190
Great Falls, MT 40 1.02 3.23 $ 22.21 $ 46,200
New York-Newark-Jersey City, NY-NJ-PA 8,640 0.91 2.88 $ 38.72 $ 80,530
Richmond, VA 510 0.79 2.50 $ 27.31 $ 56,800
Buffalo-Cheektowaga-Niagara Falls, NY 380 0.73 2.30 $ 28.33 $ 58,930
Providence-Warwick, RI-MA 410 0.72 2.26 $ 27.03 $ 56,220
Tampa-St. Petersburg-Clearwater, FL 970 0.69 2.18 $ 26.36 $ 54,820
Hagerstown-Martinsburg, MD-WV 70 0.65 2.04 $ 25.54 $ 53,120
Punta Gorda, FL 30 0.62 1.97 $ 22.45 $ 46,700


Map of annual mean wages of brokerage clerks by area, May 2023


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 210 0.53 1.67 $ 39.11 $ 81,350
New York-Newark-Jersey City, NY-NJ-PA 8,640 0.91 2.88 $ 38.72 $ 80,530
Los Angeles-Long Beach-Anaheim, CA 3,430 0.56 1.75 $ 34.43 $ 71,610
Hartford-West Hartford-East Hartford, CT 90 0.16 0.50 $ 33.51 $ 69,690
Trenton, NJ 410 1.71 5.41 $ 33.50 $ 69,680
Chicago-Naperville-Elgin, IL-IN-WI 2,100 0.47 1.47 $ 33.22 $ 69,090
Rochester, NY 160 0.33 1.04 $ 31.99 $ 66,540
San Francisco-Oakland-Hayward, CA 1,030 0.43 1.35 $ 31.80 $ 66,140
Boston-Cambridge-Nashua, MA-NH 640 0.23 0.73 $ 31.72 $ 65,970
Denver-Aurora-Lakewood, CO 170 0.11 0.34 $ 31.11 $ 64,710

Nonmetropolitan areas with the highest employment in Brokerage Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Iowa nonmetropolitan area 40 0.27 0.85 $ 25.61 $ 53,260
Northern Indiana nonmetropolitan area 30 0.16 0.51 $ 21.07 $ 43,830

Nonmetropolitan areas with the highest concentration of jobs and location quotients in Brokerage Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Iowa nonmetropolitan area 40 0.27 0.85 $ 25.61 $ 53,260
Northern Indiana nonmetropolitan area 30 0.16 0.51 $ 21.07 $ 43,830

Top paying nonmetropolitan areas for Brokerage Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Iowa nonmetropolitan area 40 0.27 0.85 $ 25.61 $ 53,260
Southwest Montana nonmetropolitan area (8) (8) (8) $ 24.15 $ 50,240
Northern Indiana nonmetropolitan area 30 0.16 0.51 $ 21.07 $ 43,830


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.

(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 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