The average salary for a securities and commodities broker in Massachusetts is around $77,740 per year.
Avg Salary
Securities and commodities brokers earn an average yearly salary of $77,740.
Wages typically start from $48,830 and go up to $169,850.
28% above national average Updated in 2021
Securities and commodities broker earnings by seniority
Top-level securities and commodities broker earnings begin at:
$81.66 per hour
$169,850 per year
Senior-level securities and commodities broker earnings begin at:
$60.74 per hour
$126,330 per year
Mid-level securities and commodities broker earnings begin at:
$37.38 per hour
$77,740 per year
Junior-level securities and commodities broker earnings begin at:
$25.33 per hour
$52,690 per year
Starting level securities and commodities broker earnings begin at:
$23.47 per hour
$48,830 per year
Approximate values based on highest and lowest earning segments.
Securities and commodities broker 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 securities and commodities broker salaries compare to similar careers?
Securities and commodities brokers earn 6% less than similar careers in Massachusetts. On average, they make less than economists but more than loan officers.
| Career | Median Salary |
|---|---|
| Economist salary | $133K |
| Business analyst salary | $104K |
| Statistician salary | $103K |
| Financial analyst salary | $98K |
| Cost estimator salary | $99K |
| Securities and commodities broker salary | $78K |
| Stock trader salary | $78K |
| Underwriter salary | $97K |
| Consultant salary | $82K |
| Loan officer salary | $80K |
Source: CareerExplorer (Aggregated)