The average salary for a securities and commodities broker in Michigan is around $51,070 per year.
Avg Salary
This is 23% above the national average. Updated in 2018.
Securities and commodities brokers earn an average yearly salary of $51,070. Wages typically start from $29,800 and go up to $164,590.
Securities and commodities broker earnings by seniority
Approximate values based on highest and lowest earning segments.
Securities and commodities broker salary by state
| State Name | Average Salary |
|---|---|
| Kansas | $107,500 |
| New York | $140,300 |
| Illinois | $91,640 |
| Connecticut | $82,890 |
| Hawaii | $85,660 |
| Massachusetts | $72,610 |
| South Dakota | $91,800 |
| Pennsylvania | $86,970 |
| Vermont | $72,900 |
| Minnesota | $79,350 |
| District of Columbia | $65,150 |
| Alaska | $61,870 |
| Rhode Island | $70,210 |
| North Dakota | $61,330 |
| New Jersey | $71,590 |
| New Hampshire | $69,050 |
| Maryland | $63,310 |
| Indiana | $62,130 |
| Virginia | $62,780 |
| Louisiana | $45,900 |
| Montana | $50,470 |
| North Carolina | $62,360 |
| Delaware | $71,650 |
| Nebraska | $60,560 |
| Texas | $54,070 |
| Kentucky | $58,160 |
| West Virginia | $49,160 |
| Florida | $57,300 |
| Alabama | $55,420 |
| Maine | $56,540 |
| California | $54,370 |
| Missouri | $56,390 |
| Washington | $52,780 |
| Michigan | $51,070 |
| Oklahoma | $45,260 |
| Mississippi | $48,980 |
| Ohio | $57,630 |
| Wisconsin | $58,060 |
| Georgia | $53,160 |
| Colorado | $56,590 |
| Tennessee | $51,550 |
| Iowa | $50,030 |
| South Carolina | $49,240 |
| Utah | $53,750 |
| Nevada | $48,940 |
| Wyoming | $41,040 |
| Oregon | $47,570 |
| Idaho | $40,360 |
| Arkansas | $53,772 |
| New Mexico | $44,120 |
| Arizona | $48,949 |
| Puerto Rico | $25,270 |
How do securities and commodities broker salaries compare to similar careers?
Securities and commodities brokers earn about the same as related careers in Michigan. On average, they make less than business analysts but more than accountants.
| Career | Median Salary |
|---|---|
| Business analyst salary | $79K |
| Operations research analyst salary | $88K |
| Financial analyst salary | $78K |
| Statistician salary | $78K |
| Credit analyst salary | $71K |
| Securities and commodities broker salary | $51K |
| Stock trader salary | $51K |
| Budget analyst salary | $79K |
| Auditor salary | $66K |
| Accountant salary | $66K |
Source: CareerExplorer (Aggregated)