Securities, Commodities, and Financial Services Sales Agents in Michigan
Is Michigan a good place for you to work as a Securities, Commodities, and Financial Services Sales Agent?
You’re in luck! Jobs for Securities, Commodities, and Financial Services Sales Agents in Michigan are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Securities, Commodities, and Financial Services Sales Agents in Michigan is growing faster than average.
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Securities, Commodities, and Financial Services Sales Agents in Michigan earn higher salaries than the typical U.S. wage earner.
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How Many Securities, Commodities, and Financial Services Sales Agents Work in Michigan?
In Michigan, there were 8,670 people working as Securities, Commodities, and Financial Services Sales Agents in the year 2018.
There were 7,970 Securities, Commodities, and Financial Services Sales Agents employed in this state in 2017.
That’s growth of 700 jobs between 2017 and 2018.
The typical state has 3,160 Securities, Commodities, and Financial Services Sales Agents working in it, which means Michigan has more Securities, Commodities, and Financial Services Sales Agents than average.
Job Projections for Michigan
Jobs for Securities, Commodities, and Financial Services Sales Agents in this state are growing at a rate of 6.1% which is slower than the nationwide estimated projection of 6.2%.
Michigan Annual Job Openings
The BLS estimates 750 annual job openings, and a total of 7,870 jobs for Michigan Securities, Commodities, and Financial Services Sales Agents in 2026.
Nationwide, the prediction is 38,000 annual jobs and 398,900 total jobs in 2026.
What do Securities, Commodities, and Financial Services Sales Agents Make in Michigan?
In 2018 wages for Securities, Commodities, and Financial Services Sales Agents ranged from $29,800 to $164,590 with $51,070 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $14.33 to $79.13. The median hourly rate was $24.55.
Workers in this field were paid a median of $25.28 an hour in 2017.
The hourly rate declined by $0.73.
The median salary in Michigan is higher than the nationwide median salary.
Top Michigan Metros for Securities, Commodities, and Financial Services Sales Agents
The table below shows some of the metros in this state with the most Securities, Commodities, and Financial Services Sales Agents.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Detroit-Warren-Dearborn, MI | 5,270 | $49,400 |
| Grand Rapids-Wyoming, MI | 690 | $65,170 |
| Ann Arbor, MI | 440 | $109,300 |
| Lansing-East Lansing, MI | 340 | $37,540 |
| Kalamazoo-Portage, MI | 280 | $69,080 |
| South Bend-Mishawaka, IN-MI | 140 | $71,840 |
| Saginaw, MI | 110 | n/a |
| Flint, MI | 110 | $46,970 |
| Niles-Benton Harbor, MI | 80 | $63,680 |
| Monroe, MI | 80 | $63,020 |
| Bay City, MI | 60 | $62,000 |
| Muskegon, MI | 50 | $41,340 |
| Midland, MI | 40 | $57,870 |
Top States for Securities, Commodities, and Financial Services Sales Agents Employment
View the list below to see where most Securities, Commodities, and Financial Services Sales Agents work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 68,120 | $140,300 |
| California | 50,990 | $54,370 |
| Texas | 43,170 | $54,070 |
| Florida | 27,560 | $57,300 |
| Illinois | 21,980 | $67,750 |
| New Jersey | 15,440 | $71,590 |
| Pennsylvania | 13,800 | $61,560 |
| Ohio | 13,300 | $57,630 |
| Massachusetts | 12,060 | $72,610 |
| Colorado | 11,720 | $56,590 |
| North Carolina | 11,080 | $62,360 |
| Minnesota | 9,470 | $79,350 |
| Georgia | 9,080 | $53,160 |
| Michigan | 8,670 | $51,070 |
| Arizona | 7,890 | $48,680 |
| Missouri | 7,780 | $56,390 |
| Virginia | 7,560 | $62,780 |
| Connecticut | 6,430 | $82,890 |
| Washington | 6,360 | $52,780 |
| Maryland | 4,930 | $63,310 |
Below are the states where Securities, Commodities, and Financial Services Sales Agents get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $140,300 |
| South Dakota | $91,800 |
| Connecticut | $82,890 |
| Minnesota | $79,350 |
| Vermont | $72,900 |
| Massachusetts | $72,610 |
| Delaware | $71,650 |
| New Jersey | $71,590 |
| Kansas | $70,730 |
| Rhode Island | $70,210 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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