The average salary for a securities and commodities broker in Michigan is around $51,070 per year.
Avg Salary
Securities and commodities brokers earn an average yearly salary of $51,070.
Wages typically start from $29,800 and go up to $164,590.
23% above national average Updated in 2018
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 |
|---|---|
| Alaska | $61,870 |
| Alabama | $55,420 |
| Arkansas | $53,772 |
| Arizona | $48,949 |
| California | $54,370 |
| Colorado | $56,590 |
| Connecticut | $82,890 |
| District of Columbia | $65,150 |
| Delaware | $71,650 |
| Florida | $57,300 |
| Georgia | $53,160 |
| Hawaii | $85,660 |
| Iowa | $50,030 |
| Idaho | $40,360 |
| Illinois | $91,640 |
| Indiana | $62,130 |
| Kansas | $107,500 |
| Kentucky | $58,160 |
| Louisiana | $45,900 |
| Massachusetts | $72,610 |
| Maryland | $63,310 |
| Maine | $56,540 |
| Michigan | $51,070 |
| Minnesota | $79,350 |
| Missouri | $56,390 |
| Mississippi | $48,980 |
| Montana | $50,470 |
| North Carolina | $62,360 |
| North Dakota | $61,330 |
| Nebraska | $60,560 |
| New Hampshire | $69,050 |
| New Jersey | $71,590 |
| New Mexico | $44,120 |
| Nevada | $48,940 |
| New York | $140,300 |
| Ohio | $57,630 |
| Oklahoma | $45,260 |
| Oregon | $47,570 |
| Pennsylvania | $86,970 |
| Puerto Rico | $25,270 |
| Rhode Island | $70,210 |
| South Carolina | $49,240 |
| South Dakota | $91,800 |
| Tennessee | $51,550 |
| Texas | $54,070 |
| Utah | $53,750 |
| Virginia | $62,780 |
| Vermont | $72,900 |
| Washington | $52,780 |
| Wisconsin | $58,060 |
| West Virginia | $49,160 |
| Wyoming | $41,040 |
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)