Average Brokerage Clerks Salary in Pennsylvania
Brokerage Clerks in Pennsylvania earn an average annual salary of $63,690, which is slightly below the national average of $67,890. This difference is influenced by various regional economic factors and the specific demand within the state's financial sector. While not reaching the national benchmark, the Pennsylvania market offers a competitive compensation landscape for these essential roles.
Executive Summary
- Average Salary: $63,690 per year.
- Growth Trend: Salaries have shifted 9.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,420.
- Outlook: With a total local workforce of 1,730 Brokerage Clerks, Pennsylvania demonstrates a solid presence in this profession. The Location Quotient of 1.11 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand within the state. This concentration implies that the job market is robust enough to support the existing workforce and may offer opportunities for new entrants.
Salary Overview
The average Brokerage Clerks in Pennsylvania earns-6.2%below the national average.
$30.6
$1,225
$5,308
Brokerage Clerks Salary Trends (2020-2024)
While specific historical data for Brokerage Clerk salary trends in Pennsylvania over the last four years is not provided, it is reasonable to assume a general upward trajectory mirroring national trends. Economic growth, inflation, and evolving industry demands typically contribute to salary increases over time. Therefore, Brokerage Clerks in Pennsylvania have likely experienced modest but consistent salary growth, reflecting the broader economic climate and the increasing value of their specialized skills.
Brokerage Clerks Salary Distribution in Pennsylvania
The salary progression for Brokerage Clerks in Pennsylvania typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive knowledge and proven track records can command substantially higher salaries. The gap between the 25th percentile (entry-level) and the 75th percentile (experienced) salaries clearly signifies the career progression and increased earning potential available as one advances in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,830 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,768 | $23 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,290 | $29.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,613 | $38.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,420 | $42.5 |
Detailed Brokerage Clerks Market Analysis
Relocation Context
Nominal Salary
$63,690
Gross Pay
Real Wage (Purchasing Power)
$64,333
Adjusted for COL (99)
The nominal average salary of $63,690 in Pennsylvania for Brokerage Clerks aligns closely with the state's Cost of Living Index of 99, which is precisely at the national average. This means that the purchasing power of a Brokerage Clerk's salary in Pennsylvania is very similar to that of their counterparts across the nation. Consequently, relocating to Pennsylvania for this role offers a comparable standard of living in terms of expenses.
Job Market Context
1,730
Total Jobs
0.288
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Pennsylvania has a slightly higher-than-average concentration of Brokerage Clerks roles compared to the national norm.
Pennsylvania's Location Quotient of 1.11 for Brokerage Clerks suggests a market that is slightly more concentrated than the national average. This indicates a healthy demand and a potentially more competitive environment for these professionals within the state. While not an overwhelmingly high concentration, it signifies that the state values and employs a proportionally larger number of Brokerage Clerks relative to its overall workforce compared to the rest of the country.
Nearby Job Markets
Nearby Cities for Brokerage Clerks
| City | Salary | Dist. |
|---|---|---|
| Harrisburg-Carlisle, PA Brokerage Clerks Salary | $62,550↓ 2% | 66 mi |
Comparing salaries near Pennsylvania
Hiring Brokerage Clerkss?
Frequently Asked Questions
How much does a Brokerage Clerks make in Pennsylvania?
The median annual salary for a Brokerage Clerks in Pennsylvania is $63,690. This typically ranges from $47,830 for entry-level positions to $88,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pennsylvania is 6.2% lower than the national median of $67,890.
Is Pennsylvania a lucrative place for Brokerage Clerks?
Yes, with caveats.While the average salary of $63,690 is slightly below the national average, the cost of living is also at the national average, making the effective purchasing power comparable. The slightly higher concentration of jobs (LQ 1.11) suggests a stable market.
Is Pennsylvania a good place to live for Brokerage Clerks?
With a Cost of Living Index of 99 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Pennsylvania?
Some top paying nearby cities include Harrisburg-Carlisle, PA ($62,550) and others.
How does Pennsylvania's Brokerage Clerk salary compare to the national average?
The average annual salary for Brokerage Clerks in Pennsylvania is $63,690, which is approximately $4,200 less than the national average of $67,890.
What is the concentration of Brokerage Clerks in Pennsylvania?
Pennsylvania has a Location Quotient of 1.11 for Brokerage Clerks, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living in Pennsylvania affect the Brokerage Clerk salary?
With a Cost of Living Index of 99, Pennsylvania's cost of living is on par with the national average, meaning the $63,690 salary offers a similar purchasing power to the national average salary.
What is the total number of Brokerage Clerks in Pennsylvania?
There are approximately 1,730 Brokerage Clerks employed in Pennsylvania.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,730 employees in the Pennsylvania area with a job density of 0.288 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Brokerage Clerks • Data source: BLS OEWS 2024 •Jobs in Pennsylvania