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

The average annual and hourly salaries for securities, commodities, and financial services sales agents in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of securities, commodities, and financial services sales agents among Minnesota 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 Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$30,010
25th Percentile Wage
$38,050
50th Percentile Wage
$66,840
75th Percentile Wage
$119,250
90th Percentile Wage
$185,820

Table 1 shows the average annual salary for securities, commodities, and financial services sales agents in Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $185,820. The median (50th percentile) annual salary is $66,840. The average annual salary for the bottom 10 percent is $30,010.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$14.43
25th Percentile Wage
$18.29
50th Percentile Wage
$32.13
75th Percentile Wage
$57.33
90th Percentile Wage
$89.34

Table 2 shows the average hourly salary for securities, commodities, and financial services sales agents in Minnesota in 5 percentile scales. The average hourly salary for the 90th percentile is $89.34. The median hourly salary is $32.13. The average hourly salary for the bottom 10 percent is $14.43.

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
201666,840-11.03%13.00%
201574,2107.75%-
201468,4604.03%-
201365,70011.49%-
201258,150--

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

Table 3 shows the median annual salary of securities, commodities, and financial services sales agents in some Minnesota cities and metropolitan areas. We note that the median annual salary of securities, commodities, and financial services sales agents in state of Minnesota ranges from $34,170 to $74,060. The highest paying area for securities, commodities, and financial services sales agents in Minnesota is Southeast Minnesota nonmetropolitan area with a median annual salary of $74,060. The second highest paying city/area in Minnesota State is Rochester (mean annual salary $51,120). The lowest paying area is St Cloud with a median annual salary of $34,170.

Cities/Areas Median Annual Salary
Southeast Minnesota nonmetropolitan area
$74,060
Rochester
$51,120
Northwest Minnesota nonmetropolitan area
$47,620
Southwest Minnesota nonmetropolitan area
$38,930
Mankato-North Mankato
$34,650
St Cloud
$34,170



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