The average salary for a stock trader in Michigan is around $61,150 per year.
Avg Salary
Stock traders earn an average yearly salary of $61,150.
Wages typically start from $38,090 and go up to $127,160.
13% above national average Updated in 2021
Stock trader earnings by seniority
Approximate values based on highest and lowest earning segments.
Stock trader salary by state
State Name | Average Salary |
---|---|
Connecticut | $91,620 |
New Jersey | $80,200 |
District of Columbia | $79,280 |
Minnesota | $77,880 |
Massachusetts | $77,740 |
Delaware | $77,450 |
Illinois | $71,540 |
New Hampshire | $64,000 |
Nebraska | $63,720 |
Rhode Island | $63,720 |
Maryland | $62,950 |
Tennessee | $62,840 |
California | $62,250 |
North Carolina | $62,110 |
Maine | $61,900 |
Texas | $61,760 |
Ohio | $61,380 |
North Dakota | $61,330 |
Michigan | $61,150 |
Vermont | $60,890 |
Hawaii | $60,820 |
Florida | $60,550 |
Utah | $60,550 |
Indiana | $60,520 |
Missouri | $60,280 |
Virginia | $59,700 |
Pennsylvania | $59,370 |
Georgia | $58,150 |
Kansas | $58,150 |
Colorado | $57,890 |
Washington | $57,460 |
Wisconsin | $52,840 |
Alaska | $50,380 |
Arizona | $49,420 |
Oregon | $49,260 |
Iowa | $49,020 |
South Carolina | $49,010 |
Nevada | $48,980 |
South Dakota | $48,980 |
Oklahoma | $48,970 |
New Mexico | $48,790 |
Montana | $48,650 |
Wyoming | $48,540 |
Kentucky | $48,500 |
Arkansas | $48,460 |
Louisiana | $47,760 |
Idaho | $47,680 |
Alabama | $47,640 |
Mississippi | $44,960 |
West Virginia | $38,220 |
Virgin Islands, U.S. | $37,860 |
Puerto Rico | $28,830 |
New York | $132,870 |
How do stock trader salaries compare to similar careers?
Stock traders earn about the same as related careers in Michigan. On average, they make less than financial quantitative analysts but more than cost estimators.
Career | Median Salary |
---|---|
Financial quantitative analyst salary | $76K |
Risk management specialist salary | $76K |
Auditor salary | $72K |
Accountant salary | $72K |
Credit analyst salary | $77K |
Stock trader salary | $61K |
Securities and commodities broker salary | $61K |
Underwriter salary | $63K |
Market research analyst salary | $62K |
Cost estimator salary | $63K |
Source: CareerExplorer (Aggregated)