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Securities, Commodities, and Financial Services Sales Agents Salary in Detroit, MI

BLS Official DataUpdated 2025-05-31
Median Annual

$77,540

Mean: $100,530

~$60,481 est. take-home

Hourly Rate

$37.28

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Detroit, MI

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Tax Breakdown

Federal Income Tax-$5,426
State Income Tax-$2,658
Social Security-$4,807
Medicare-$1,124
Effective Tax Rate18.1%

Monthly Take-Home

$5,294

Annual Take-Home

$63,524

Monthly Budget in Detroit

Housing / Rent$1,35026%
Food & Groceries$4008%
Transportation$3507%
Utilities$1803%
Healthcare$2505%
Remaining / Savings$2,76452%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$77,540(+0% vs. local median)
Securities, Commodities, and Financial Services Sales Agents salary in Detroit, MI — median $77,540/year, range $61,280-$111,650

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$61,280

Median

$77,540

75th %

$111,650

Median is in the 32th percentile of the typical range

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Securities, Commodities, and Financial Services Sales Agents in other MI cities

Compare the same occupation across cities in MI.

About Securities, Commodities, and Financial Services Sales Agents salaries in Detroit, MI

According to the U.S. Bureau of Labor Statistics, the median annual salary for securities, commodities, and financial services sales agents in Detroit, MI is $77,540. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $61,280 (25th percentile) to $111,650 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $37.28 per hour, based on a standard 2,080-hour work year.

Career Outlook

5% growthAs fast as average (BLS 2024–2034)

Employment in this occupation is expected to remain steady, with growth in line with the national average across all occupations. Advancement opportunities depend on experience, specialization, and geographic location.

💡 Key insight: Professionals who continuously update their skills and pursue relevant certifications tend to earn above the median for this occupation.

Frequently Asked Questions

What is the average salary for a securities, commodities, and financial services sales agents in Detroit?

The median salary is $77,540 per year. The mean (average) salary is $100,530.

How much does a securities, commodities, and financial services sales agents make per hour in Detroit?

The estimated hourly rate is $37.28 per hour.

What is the salary range for securities, commodities, and financial services sales agents in Detroit?

Salaries typically range from $61,280 (25th percentile) to $111,650 (75th percentile).

Salary Conversion Table

How does $77,540 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$77,540$60,481
Monthly$6,462$5,040
Biweekly$2,982$2,326
Weekly$1,491$1,163
Hourly (40h/wk)$37.28$29.08
Hourly (35h/wk)$42.6$33.23
Hourly (30h/wk)$49.71$38.77
Daily (8h)$298$233

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Securities, Commodities, and Financial Services Sales Agents: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for securities, commodities, and financial services sales agents, based on BLS median salary data.