Securities Sales Agent Salary in Michigan
Based on 7K+ workers in Michigan
Median Annual Salary (MI)
$73,480
$35.33/hr
vs National Average
$72,600
+1.2% vs national median
Salary Range (10th–90th)
$47K – $173K
7K employed in Michigan
Securities Sales Agent salary in Michigan averages $73,480 annually, which is 1% above the national average. With approximately 7,160 professionals employed in the state, this role offers competitive compensation for those working in the financial services sector. The salary range spans from $46,640 to $172,680, reflecting significant variation based on experience and performance.
Several factors influence earning potential in this field. Commission structures, client portfolios, and years of experience play crucial roles in determining individual compensation levels. Additionally, market conditions, firm size, and geographic location within Michigan can affect salary outcomes. Professionals with strong sales records and established client bases typically command higher earnings within this competitive market.
Salary Distribution — Securities Sales Agent in Michigan
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $46,640 |
| 25th percentile | $56,970 |
| Median (50th percentile) | $73,480 |
| 75th percentile | $105,240 |
| 90th percentile | $172,680 |
Top-Paying Industries for Securities Sales Agent (U.S.)
Which industries pay Securities Sales Agents the most — nationwide figures (industry-level data is not available by state). Securities Sales Agents in Michigan tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Mining, Quarrying, and Oil and Gas Extraction | $178,190 | 160 |
| Government (excl. schools, hospitals & USPS) | $164,540 | 130 |
| Utilities | $135,400 | 330 |
| Transportation and Warehousing | $126,120 | — |
| Professional, Scientific, and Technical Services | $108,180 | 5K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Securities Sales Agent in Michigan vs National
| Year | Median Salary (Michigan) |
|---|---|
| 2022 | $61,110 |
| 2023 | $74,260 |
| 2024 | $73,310 |
| 2025 | $73,480 |
| 2026 (projected) | $73,650 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Michigan Median | National Median |
|---|---|---|
| 2022 | $61,110 | $64,029 |
| 2023 | $74,260 | $68,876 |
| 2024 | $73,310 | $71,202 |
| 2025 | $73,480 | $72,600 |
| 2026 (projected) | $73,650 | $72,768 |
Securities Sales Agent Salary by Experience Level in Michigan
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $56,970 |
| Mid-level | 3-5 yrs | $73,480 |
| Senior | 6-9 yrs | $105,240 |
| Staff / Lead | 10+ yrs | $172,680 |
Securities Sales Agent Salary in Other States
Related Securities Sales Agent Salaries in Michigan
How other high-demand occupations in Michigan compare to Securities Sales Agent ($73,480 median).
| Occupation | Median Salary | vs Securities Sales Agent | Hourly |
|---|---|---|---|
| Financial Manager in MI | $139,370 | +89.7% | $67.00/hr |
| Economist in MI | $106,350 | +44.7% | $51.13/hr |
| Actuary in MI | $100,640 | +37.0% | $48.38/hr |
| Budget Analyst in MI | $96,430 | +31.2% | $46.36/hr |
| Financial Analyst in MI | $95,420 | +29.9% | $45.88/hr |
| Accountant in MI | $78,820 | +7.3% | $37.89/hr |
| Personal Financial Advisor in MI | $77,930 | +6.1% | $37.47/hr |
| Compliance Officer in MI | $77,390 | +5.3% | $37.21/hr |
| Tax Examiner in MI | $75,040 | +2.1% | $36.08/hr |
| Credit Analyst in MI | $74,640 | +1.6% | $35.88/hr |
| Loan Officer in MI | $74,470 | +1.3% | $35.80/hr |
| Financial Examiner in MI | $71,050 | -3.3% | $34.16/hr |
Frequently Asked Questions
How much do securities sales agents make in Michigan?
- The median salary for securities sales agents in Michigan is $73,480 per year, which translates to approximately $35 per hour. This is 1.2% higher than the national average for this position.
What is the salary range for securities sales agents in Michigan?
- Securities sales agents in Michigan earn between $46,640 and $172,680 annually, depending on experience, performance, and employer. This wide range reflects variations in commission structures and career progression within the field.
How many securities sales agents work in Michigan?
- There are approximately 7,160 securities sales agents currently employed in Michigan, representing a significant portion of the financial services workforce in the state.
Is the securities sales agent salary in Michigan above the national average?
- Yes, Michigan's median salary of $73,480 for securities sales agents is 1.2% higher than the national average, making it a slightly better-paying location for this profession compared to the rest of the United States.