Occupational Employment Statistics

Occupational Employment and Wages, 2002

41-3031 Securities, Commodities, and Financial Services Sales Agents

Buy and sell securities in investment and trading firms, or call upon businesses and individuals to sell financial services. Provide financial services, such as loan, tax, and securities counseling. May advise securities customers about such things as stocks, bonds, and market conditions.

National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area 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)
254,600 2.3 % $41.21 $85,710 1.8 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $12.76 $17.40 $29.32 $56.27 (5)
Annual Wage (2) $26,540 $36,180 $60,990 $117,050 (5)

Industry profile for this occupation: Top

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Securities and commodity contracts brokerage 147,580 $47.48 $98,770 1 3
Nondepository credit intermediation 18,370 $29.45 $61,250 2 21
Other financial investment activities 18,240 $47.74 $99,300 3 2
Management of companies and enterprises 6,740 $35.77 $74,400 4 14
Activities related to credit intermediation 4,330 $41.78 $86,900 5 6

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage Employment rank Wage rank
Electronic markets and agents and brokers 260 $48.60 $101,090 15 1
Other financial investment activities 18,240 $47.74 $99,300 3 2
Securities and commodity contracts brokerage 147,580 $47.48 $98,770 1 3
Freight transportation arrangement 160 $46.05 $95,780 20 4
Securities and commodity exchanges 1,120 $44.37 $92,290 10 5

State profile for this occupation: Top

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
Delaware 1,760 $41.43 $86,180 0.438% 15
New York 35,280 $61.37 $127,650 0.426% 9
New Jersey 14,050 $37.42 $77,830 0.364% 52
Connecticut 5,720 $56.84 $118,240 0.349% 13
Massachusetts 9,540 $35.63 $74,110 0.298% 49

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Percent of State employment Wage rank within State
New York 35,280 $61.37 $127,650 0.426% 9
Connecticut 5,720 $56.84 $118,240 0.349% 13
South Dakota 390 $49.86 $103,720 0.107% 9
Montana 520 $44.66 $92,890 0.133% 7
North Dakota 380 $44.24 $92,030 0.121% 7

Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Stamford-Norwalk, CT PMSA 3,160 $65.16 $135,540 1.581%
Jersey City, NJ PMSA 3,750 $36.12 $75,130 1.536%
San Francisco, CA PMSA 9,070 $51.95 $108,060 0.910%
New York, NY PMSA 30,840 $63.58 $132,240 0.772%
Wilmington-Newark, DE-MD PMSA 1,690 $41.44 $86,190 0.556%

Top paying Metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Percent of MSA employment
Stamford-Norwalk, CT PMSA 3,160 $65.16 $135,540 1.581%
New York, NY PMSA 30,840 $63.58 $132,240 0.772%
Montgomery, AL MSA 180 $62.59 $130,190 0.120%
Minneapolis-St. Paul, MN-WI MSA (6) $62.18 $129,330 (6)
Daytona Beach, FL MSA 230 $61.17 $127,230 0.143%

About 2002 National, State, and Metropolitan Area Occupational Employment and Wage Estimates

To see profiles of other occupations, select from the major groups below:

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and non-metropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable Excel files(XLS).

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. 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) Data for detailed occupations does not sum to the totals because the totals include data for 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 mean 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.

(5) This wage is equal to or greater than $70.00 per hour or $145,600 per year.

(6) Estimates not released.

All Sales and Related Occupations

2002 State Occupational Employment and Wage Estimates

2002 Metropolitan Area Occupational Employment and Wage Estimates

2002 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download 2002 Occupational Employment and Wage Estimates in Zipped Excel files

Technical notes

Last Modified Date: November 26, 2003

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