SOC 41-3031 · May 2025 · BLS OEWS
Securities, Commodities, and Financial Services Sales Agents — Michigan
Michigan · 10 metro areas compared
The median wage here is $73,480 a year, within a few percent of the national median of $78,660.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage here is $73,480 a year, within a few percent of the national median of $78,660. The middle half of workers in this occupation earn between $56,970 and $105,240. The lowest tenth earn under $46,640, while the highest tenth earn more than $172,680.
The area has 7,160 jobs in this occupation, which works out to 1.6 of every thousand jobs. Michigan ranks number 23rd out of 48 states by median pay for this occupation. Within the state, Detroit records the highest median at $77,540. Of the 774 occupations with published wages in this area, it sits 251st.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $46,640 | −40.7% |
| 25th | $56,970 | −27.6% |
| Median (50th) | $73,480 | −6.6% |
| 75th | $105,240 | +33.8% |
| 90th | $172,680 | +119.5% |
| Mean | $99,120 | +26.0% |
Highest-paying metro areas in Michigan
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Detroit | $77,540 | 3,770 | |
| 2 | Ann Arbor | $70,060 | 220 | |
| 3 | Niles | $68,420 | 100 | |
| 4 | Flint | $68,410 | 180 | |
| 5 | Saginaw | $62,690 | 80 | |
| 6 | Grand Rapids | $62,090 | 650 | |
| 7 | Kalamazoo | $61,690 | 170 | |
| 8 | Lansing | $61,280 | 280 | |
| 9 | Battle Creek | $61,180 | 50 | |
| 10 | Traverse City | $60,760 | 80 |
What the pay is worth locally
Prices in Michigan run 3.8% below the national average, so the median of $73,480 goes as far as $76,383 would elsewhere in the country. Measured that way it compares to the national median at 2.9% below the national median in real terms.
Published median
$73,480as reported by BLSLocal price level
96.2US average = 100 · BEA 2024Adjusted for local prices
$76,383US average = 100 · BEA 2024Key takeaways
- Median pay is $73,480 a year, 6.6% below the national median.
- Published pay spans $46,640 to $172,680 between the tenth and ninetieth percentiles.
- The area has 7,160 jobs in this occupation.
- It ranks 23rd of 48 states for this occupation.
- The highest-paying metro area covered is Detroit, at $77,540.
Frequently asked questions
What is the median wage for Securities, Commodities, and Financial Services Sales Agents in Michigan?
The median annual wage is $73,480, or $35.33 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $78,660, so pay in Michigan is 6.6% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Michigan earns more than $172,680 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $46,640 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Detroit, at $77,540 per year.
How many jobs are there in this occupation here?
The survey estimates 7,160 jobs in this occupation in Michigan. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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