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
90th percentile
Top-level stock trader earnings begin at:
$61.13 per hour
$127,160 per year
75th percentile
Senior-level stock trader earnings begin at:
$38.36 per hour
$79,800 per year
50th percentile
Mid-level stock trader earnings begin at:
$29.40 per hour
$61,150 per year
25th percentile
Junior-level stock trader earnings begin at:
$21.92 per hour
$45,590 per year
10th percentile
Starting level stock trader earnings begin at:
$18.31 per hour
$38,090 per year
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)