The average salary for a securities and commodities broker in Michigan is around $73,480 per year.
Avg Salary
Securities and commodities brokers earn an average yearly salary of $73,480.
Wages typically start from $46,640 and go up to $172,680.
44% above national average Updated in 2025
Securities and commodities broker earnings by seniority
Top-level securities and commodities broker earnings begin at:
$83.02 per hour
$172,680 per year
Senior-level securities and commodities broker earnings begin at:
$50.60 per hour
$105,240 per year
Mid-level securities and commodities broker earnings begin at:
$35.33 per hour
$73,480 per year
Junior-level securities and commodities broker earnings begin at:
$27.39 per hour
$56,970 per year
Starting level securities and commodities broker earnings begin at:
$22.42 per hour
$46,640 per year
Approximate values based on highest and lowest earning segments.
Securities and commodities broker salary by state
| State Name | Average Salary |
|---|---|
| Illinois | $99,840 |
| Connecticut | $98,560 |
| Vermont | $88,280 |
| South Dakota | $86,780 |
| Delaware | $83,750 |
| Minnesota | $83,350 |
| Nebraska | $82,560 |
| New Jersey | $82,420 |
| California | $79,730 |
| New Hampshire | $78,930 |
| Missouri | $78,500 |
| Texas | $78,470 |
| Oregon | $76,710 |
| Alaska | $76,360 |
| Oklahoma | $76,080 |
| Kansas | $75,810 |
| Washington | $75,510 |
| Arizona | $74,840 |
| North Carolina | $74,040 |
| Wisconsin | $74,010 |
| Michigan | $73,480 |
| Ohio | $73,300 |
| District of Columbia | $72,010 |
| Pennsylvania | $71,840 |
| Rhode Island | $70,210 |
| Indiana | $68,290 |
| Colorado | $67,010 |
| Utah | $64,660 |
| Idaho | $64,620 |
| Iowa | $64,290 |
| North Dakota | $63,670 |
| Virginia | $62,910 |
| Florida | $62,770 |
| Maryland | $61,660 |
| Nevada | $61,490 |
| New Mexico | $60,850 |
| Georgia | $59,990 |
| Maine | $59,970 |
| Kentucky | $59,110 |
| Tennessee | $58,050 |
| Hawaii | $57,590 |
| South Carolina | $55,390 |
| Arkansas | $54,660 |
| Montana | $50,470 |
| West Virginia | $50,050 |
| Alabama | $49,230 |
| Louisiana | $48,040 |
| Mississippi | $46,680 |
| Wyoming | $41,040 |
| Puerto Rico | $25,270 |
| New York | $168,340 |
| Massachusetts | $100,310 |
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 statisticians but more than accountants.
| Career | Median Salary |
|---|---|
| Statistician salary | $103K |
| Actuary salary | $101K |
| Financial analyst salary | $95K |
| Budget analyst salary | $96K |
| Business analyst salary | $94K |
| Securities and commodities broker salary | $73K |
| Stock trader salary | $73K |
| Operations research analyst salary | $83K |
| Auditor salary | $79K |
| Accountant salary | $79K |
Source: CareerExplorer (Aggregated)