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Securities, Commodities, and Financial Services Sales Agents in Michigan
Considering a career as a Securities, Commodities, and Financial Services Sales Agent in Michigan?
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.
What Major Will Prepare You For a Securities, Commodities, and Financial Services Sales Agent Career?
- Business, Management & Marketing
- Finance & Financial Management
- Financial Planning & Services
- Investments and Securities
- Specialized Sales, Merchandising & Marketing
- Business and Personal/Financial Services Marketing Operations
How Many Securities, Commodities, and Financial Services Sales Agents Work in Michigan?
In 2018, there were 8,670 Securities, Commodities, and Financial Services Sales Agents working in the state.
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 is projecting 750 annual Securities, Commodities, and Financial Services Sales Agents job openings in Michigan, and 7,870 total jobs in the year 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.
In 2017 the median pay for this field was $25.28 an hour.
The hourly rate declined by $0.73.
The median salary in Michigan is higher than the nationwide median salary.
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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
The table below shows the states 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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