Occupational Employment and Wages, May 2016

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)
59,820 2.3 % $25.18 $52,380 0.6 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $15.91 $19.29 $23.65 $29.39 $36.73
Annual Wage (2) $33,100 $40,130 $49,200 $61,130 $76,390


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 and Commodity Contracts Intermediation and Brokerage 36,200 8.09 $25.40 $52,820
Other Financial Investment Activities 9,210 2.02 $25.48 $53,010
Depository Credit Intermediation 6,470 0.38 $24.97 $51,940
Management of Companies and Enterprises 3,180 0.14 $23.13 $48,110
Nondepository Credit Intermediation 1,430 0.24 $25.54 $53,120

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 and Commodity Contracts Intermediation and Brokerage 36,200 8.09 $25.40 $52,820
Other Financial Investment Activities 9,210 2.02 $25.48 $53,010
Securities and Commodity Exchanges 50 1.19 $33.63 $69,950
Depository Credit Intermediation 6,470 0.38 $24.97 $51,940
Nondepository Credit Intermediation 1,430 0.24 $25.54 $53,120

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Exchanges 50 1.19 $33.63 $69,950
Employment Services 170 (7) $29.13 $60,600
Office Administrative Services 60 0.01 $26.14 $54,370
Nondepository Credit Intermediation 1,430 0.24 $25.54 $53,120
Other Financial Investment Activities 9,210 2.02 $25.48 $53,010


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)
New York 6,250 0.69 1.61 $29.22 $60,770
California 5,600 0.35 0.82 $27.83 $57,880
Texas 4,430 0.38 0.89 $26.42 $54,940
Pennsylvania 3,870 0.67 1.58 $24.02 $49,960
Florida 3,710 0.45 1.06 $24.04 $50,000




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)
Rhode Island 570 1.19 2.79 $27.78 $57,790
Minnesota 2,740 0.97 2.28 $23.13 $48,100
Delaware 380 0.85 2.00 $25.85 $53,770
New Jersey 3,330 0.84 1.98 $27.48 $57,160
New York 6,250 0.69 1.61 $29.22 $60,770




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 6,250 0.69 1.61 $29.22 $60,770
Connecticut 740 0.44 1.04 $28.46 $59,200
California 5,600 0.35 0.82 $27.83 $57,880
Rhode Island 570 1.19 2.79 $27.78 $57,790
New Jersey 3,330 0.84 1.98 $27.48 $57,160





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 7,270 1.10 2.59 $29.35 $61,040
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 3,040 0.83 1.96 $26.67 $55,460
Minneapolis-St. Paul-Bloomington, MN-WI 2,530 1.33 3.11 $23.12 $48,100
Montgomery County-Bucks County-Chester County, PA Metropolitan Division 1,860 1.82 4.27 $24.65 $51,270
St. Louis, MO-IL 1,680 1.25 2.92 $22.10 $45,960
Boston-Cambridge-Newton, MA NECTA Division 1,600 0.89 2.08 $26.74 $55,630
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 1,550 0.37 0.86 $26.59 $55,310
Phoenix-Mesa-Scottsdale, AZ 1,520 0.78 1.84 $23.17 $48,190
Cincinnati, OH-KY-IN 1,370 1.31 3.08 $20.99 $43,670
Dallas-Plano-Irving, TX Metropolitan Division 1,360 0.56 1.32 $26.96 $56,070




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)
Montgomery County-Bucks County-Chester County, PA Metropolitan Division 1,860 1.82 4.27 $24.65 $51,270
Nashua, NH-MA NECTA Division 190 1.44 3.38 $28.19 $58,640
Trenton, NJ 300 1.34 3.15 $26.82 $55,780
Minneapolis-St. Paul-Bloomington, MN-WI 2,530 1.33 3.11 $23.12 $48,100
Cincinnati, OH-KY-IN 1,370 1.31 3.08 $20.99 $43,670
Bridgeport-Stamford-Norwalk, CT 530 1.26 2.95 $28.62 $59,520
St. Louis, MO-IL 1,680 1.25 2.92 $22.10 $45,960
Omaha-Council Bluffs, NE-IA 580 1.19 2.80 $21.37 $44,450
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 1,260 1.18 2.78 $30.54 $63,510
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 7,270 1.10 2.59 $29.35 $61,040




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 Jose-Sunnyvale-Santa Clara, CA 170 0.16 0.38 $32.11 $66,790
Silver Spring-Frederick-Rockville, MD Metropolitan Division 130 0.22 0.51 $31.93 $66,420
Midland, TX 50 0.53 1.25 $30.92 $64,320
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 1,260 1.18 2.78 $30.54 $63,510
San Rafael, CA Metropolitan Division 90 0.78 1.83 $30.48 $63,400
Sacramento--Roseville--Arden-Arcade, CA 210 0.23 0.53 $29.93 $62,260
Oxnard-Thousand Oaks-Ventura, CA 110 0.36 0.84 $29.88 $62,160
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 7,270 1.10 2.59 $29.35 $61,040
Santa Rosa, CA 70 0.37 0.88 $29.04 $60,400
Oklahoma City, OK 90 0.14 0.34 $28.83 $59,970

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 60 0.44 1.03 $23.10 $48,040
Southeast Iowa nonmetropolitan area 40 0.19 0.46 $17.61 $36,630
North Northeastern Ohio non-metropolitan area (non-contiguous) 30 0.10 0.24 $23.11 $48,060
Northwest Lower Peninsula of Michigan nonmetropolitan area 30 0.27 0.64 $20.79 $43,230
Southside Virginia nonmetropolitan area 30 0.30 0.69 $22.21 $46,200

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 60 0.44 1.03 $23.10 $48,040
Southside Virginia nonmetropolitan area 30 0.30 0.69 $22.21 $46,200
Northwest Lower Peninsula of Michigan nonmetropolitan area 30 0.27 0.64 $20.79 $43,230
Southeast Iowa nonmetropolitan area 40 0.19 0.46 $17.61 $36,630
North Northeastern Ohio non-metropolitan area (non-contiguous) 30 0.10 0.24 $23.11 $48,060

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)
Southeast Mississippi nonmetropolitan area (8) (8) (8) $25.73 $53,520
North Northeastern Ohio non-metropolitan area (non-contiguous) 30 0.10 0.24 $23.11 $48,060
Southwest Montana nonmetropolitan area 60 0.44 1.03 $23.10 $48,040
Upper Peninsula of Michigan nonmetropolitan area (8) (8) (8) $22.94 $47,720
Southside Virginia nonmetropolitan area 30 0.30 0.69 $22.21 $46,200


About May 2016 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 2016 National Occupational Employment and Wage Estimates

May 2016 State Occupational Employment and Wage Estimates

May 2016 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2016 National Industry-Specific Occupational Employment and Wage Estimates

May 2016 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2017