Occupational Employment and Wages, May 2017

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 this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
58,930 2.3 % $25.41 $52,850 0.6 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $16.11 $19.59 $23.94 $29.56 $36.76
Annual Wage (2) $33,520 $40,750 $49,800 $61,480 $76,460


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 44,470 4.85 $25.65 $53,340
Credit Intermediation and Related Activities (5221 And 5223 only) 7,190 0.36 $25.01 $52,020
Management of Companies and Enterprises 3,360 0.14 $23.42 $48,720
Nondepository Credit Intermediation 1,410 0.22 $25.48 $53,000
Insurance Carriers 940 0.08 $25.81 $53,690

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 44,470 4.85 $25.65 $53,340
Credit Intermediation and Related Activities (5221 And 5223 only) 7,190 0.36 $25.01 $52,020
Nondepository Credit Intermediation 1,410 0.22 $25.48 $53,000
Management of Companies and Enterprises 3,360 0.14 $23.42 $48,720
Insurance Carriers 940 0.08 $25.81 $53,690

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Employment Services 170 (7) $29.49 $61,330
Local Government, excluding schools and hospitals (OES Designation) 40 (7) $26.65 $55,440
Office Administrative Services 40 0.01 $26.39 $54,900
Insurance Carriers 940 0.08 $25.81 $53,690
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 44,470 4.85 $25.65 $53,340


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 5,940 0.36 0.86 $28.06 $58,360
New York 5,630 0.61 1.48 $29.95 $62,300
Texas 4,860 0.41 0.99 $25.93 $53,940
Pennsylvania 3,980 0.69 1.67 $24.12 $50,170
Florida 3,770 0.45 1.08 $24.22 $50,380




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Minnesota 2,820 0.99 2.40 $23.49 $48,850
New Hampshire 580 0.90 2.17 $25.63 $53,300
New Jersey 2,970 0.74 1.79 $28.41 $59,090
Pennsylvania 3,980 0.69 1.67 $24.12 $50,170
Kentucky 1,180 0.63 1.52 $19.64 $40,850




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 5,630 0.61 1.48 $29.95 $62,300
Connecticut 790 0.48 1.16 $28.58 $59,440
New Jersey 2,970 0.74 1.79 $28.41 $59,090
California 5,940 0.36 0.86 $28.06 $58,360
Rhode Island (8) (8) (8) $27.91 $58,050



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Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 6,300 0.94 2.28 $30.40 $63,230
Minneapolis-St. Paul-Bloomington, MN-WI 2,590 1.34 3.24 $23.52 $48,930
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 2,530 0.69 1.67 $28.01 $58,260
Montgomery County-Bucks County-Chester County, PA Metropolitan Division 1,970 1.90 4.60 $24.70 $51,370
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 1,780 0.40 0.97 $26.48 $55,070
Boston-Cambridge-Newton, MA NECTA Division 1,710 0.93 2.25 $27.40 $56,990
Phoenix-Mesa-Scottsdale, AZ 1,470 0.74 1.79 $22.97 $47,780
Cincinnati, OH-KY-IN 1,420 1.34 3.25 $21.29 $44,280
Dallas-Plano-Irving, TX Metropolitan Division 1,390 0.56 1.35 $26.24 $54,590
St. Louis, MO-IL 1,380 1.01 2.45 $22.21 $46,190


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Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Nashua, NH-MA NECTA Division 370 2.79 6.74 $25.63 $53,320
Montgomery County-Bucks County-Chester County, PA Metropolitan Division 1,970 1.90 4.60 $24.70 $51,370
Portsmouth, NH-ME 160 1.71 4.14 $25.87 $53,800
Minneapolis-St. Paul-Bloomington, MN-WI 2,590 1.34 3.24 $23.52 $48,930
Cincinnati, OH-KY-IN 1,420 1.34 3.25 $21.29 $44,280
Trenton, NJ 290 1.25 3.03 $27.83 $57,880
The Villages, FL 30 1.19 2.88 $24.26 $50,470
Bridgeport-Stamford-Norwalk, CT 460 1.11 2.67 $28.96 $60,230
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 1,210 1.08 2.61 $31.48 $65,490
St. Louis, MO-IL 1,380 1.01 2.45 $22.21 $46,190


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Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 1,210 1.08 2.61 $31.48 $65,490
Santa Maria-Santa Barbara, CA 60 0.34 0.82 $31.39 $65,300
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 6,300 0.94 2.28 $30.40 $63,230
Silver Spring-Frederick-Rockville, MD Metropolitan Division 130 0.23 0.55 $30.26 $62,940
Palm Bay-Melbourne-Titusville, FL 80 0.38 0.93 $29.74 $61,850
Santa Rosa, CA 140 0.69 1.68 $29.40 $61,150
San Rafael, CA Metropolitan Division 90 0.75 1.81 $29.31 $60,960
Nassau County-Suffolk County, NY Metropolitan Division 420 0.32 0.78 $29.02 $60,370
San Jose-Sunnyvale-Santa Clara, CA 250 0.23 0.57 $29.01 $60,330
Bridgeport-Stamford-Norwalk, CT 460 1.11 2.67 $28.96 $60,230

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Montana nonmetropolitan area 50 0.40 0.96 $23.56 $49,010
Southeast Iowa nonmetropolitan area 50 0.20 0.48 $18.07 $37,580
Southeast Minnesota nonmetropolitan area 50 0.28 0.69 $19.09 $39,700
North Northeastern Ohio non-metropolitan area (non-contiguous) 40 0.12 0.28 $22.10 $45,980
Southeast Coastal North Carolina nonmetropolitan area 40 0.15 0.37 $20.75 $43,170

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Montana nonmetropolitan area 50 0.40 0.96 $23.56 $49,010
Southeast Minnesota nonmetropolitan area 50 0.28 0.69 $19.09 $39,700
Western Pennsylvania nonmetropolitan area 30 0.20 0.49 $19.72 $41,020
West Kentucky nonmetropolitan area 30 0.20 0.49 $17.84 $37,100
Southeast Iowa nonmetropolitan area 50 0.20 0.48 $18.07 $37,580

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Southwest Montana nonmetropolitan area 50 0.40 0.96 $23.56 $49,010
South Central Idaho nonmetropolitan area (8) (8) (8) $23.46 $48,800
Piedmont North Carolina nonmetropolitan area (8) (8) (8) $22.29 $46,360
North Northeastern Ohio non-metropolitan area (non-contiguous) 40 0.12 0.28 $22.10 $45,980
Southeast Coastal North Carolina nonmetropolitan area 40 0.15 0.37 $20.75 $43,170


About May 2017 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 OES estimates and related information:

May 2017 National Occupational Employment and Wage Estimates

May 2017 State Occupational Employment and Wage Estimates

May 2017 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2017 National Industry-Specific Occupational Employment and Wage Estimates

May 2017 Occupation Profiles

Technical Notes

 

Last Modified Date: March 30, 2018