Securities, Commodities, and Financial Services Sales Agent Salary Information in Massachusetts

The average annual and hourly salaries for securities, commodities, and financial services sales agents in the state of Massachusetts are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of securities, commodities, and financial services sales agents among Massachusetts metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Securities, Commodities, and Financial Services Sales Agents in Massachusetts

Percentile BracketAverage Annual Salary
10th Percentile Wage
$43,000
25th Percentile Wage
$57,910
50th Percentile Wage
$99,200
75th Percentile Wage
$163,990
90th Percentile Wage
No Data

Table 1 shows the average annual salary for securities, commodities, and financial services sales agents in Massachusetts in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $163,990. The median (50th percentile) annual salary is $99,200. The average annual salary for the bottom 10 percent is $43,000.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$20.67
25th Percentile Wage
$27.84
50th Percentile Wage
$47.69
75th Percentile Wage
$78.84
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for securities, commodities, and financial services sales agents in Massachusetts in 5 percentile scales. The average hourly salary for the 75th percentile wage is $78.84. The median hourly salary is $47.69. The average hourly salary for the bottom 10 percent is $20.67.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of securities, commodities, and financial services sales agents from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201699,200-0.46%-7.47%
201599,660-18.01%-
2014117,610-1.14%-
2013118,95010.37%-
2012106,610--

Table 3. Median Annual Salary of Securities, Commodities, and Financial Services Sales Agents in Massachusetts Cities

Table 3 shows the median annual salary of securities, commodities, and financial services sales agents in some Massachusetts cities and metropolitan areas. We note that the median annual salary of securities, commodities, and financial services sales agents in state of Massachusetts ranges from $55,000 to $140,420. The highest paying area for securities, commodities, and financial services sales agents in Massachusetts is Framingham with a median annual salary of $140,420. The second highest paying city/area in Massachusetts State is Peabody (mean annual salary $106,850). The lowest paying area is Northwest Massachusetts nonmetropolitan area with a median annual salary of $55,000.

Cities/Areas Median Annual Salary
Framingham
$140,420
Peabody
$106,850
Barnstable Town
$106,420
Boston-Cambridge-Quincy
$103,490
Boston-Cambridge-Quincy
$101,600
Springfield
$76,560
Worcester
$55,230
Northwest Massachusetts nonmetropolitan area
$55,000


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