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Average Brokerage Clerks Salary in Texas

Brokerage Clerks in Texas earn an average annual salary of $59,590, which is notably below the national average of $67,890. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand within the state's financial sector. Understanding these local dynamics is crucial for assessing compensation.

Executive Summary

  • Average Salary: $59,590 per year.
  • Growth Trend: Salaries have shifted 4.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,270.
  • Outlook: With a total local workforce of 2,840 Brokerage Clerks, Texas demonstrates a significant presence in this field. The Location Quotient of 0.79 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a stable and established job market for these roles within the state.
2024 Market Data

Salary Overview

$59,590

The average Brokerage Clerks in Texas earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.7

Weekly

$1,146

Monthly

$4,966

Brokerage Clerks Salary Distribution in Texas

The career trajectory for Brokerage Clerks typically involves salary increases with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear progression path and increased responsibility within the brokerage operations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,970$22.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,693$21.5
ManagerOversees team, compliance, and project delivery.50% (Median)$58,120$27.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$74,488$35.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,270$35.7

Detailed Brokerage Clerks Market Analysis

Relocation Context

Nominal Salary

$59,590

Gross Pay

Real Wage (Purchasing Power)

$64,075

Adjusted for COL (93)

The average annual salary of $59,590 in Texas should be viewed in conjunction with its Cost of Living Index of 93. Since this index is below the national average of 100, the nominal salary offers a slightly better purchasing power locally than it might appear when compared solely to the national average salary.

Job Market Context

2,840

Total Jobs

0.205

Per 1K Jobs

0.79

Location Quotient

Below Average

Texas has 0.79x the national average concentration of Brokerage Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.79 indicates that Brokerage Clerks are slightly less concentrated in Texas compared to the national average. This suggests that while the profession is present, it is not a dominant industry within the state's workforce, potentially leading to a moderately competitive job market for new entrants.

Nearby Job Markets

Nearby Cities for Brokerage Clerks

CitySalaryDist.
Austin-Round Rock-San Marcos, TX Brokerage Clerks Salary$67,080↑ 13%53 mi

Comparing salaries near Texas

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Frequently Asked Questions

How much does a Brokerage Clerks make in Texas?

The median annual salary for a Brokerage Clerks in Texas is $59,590. This typically ranges from $45,970 for entry-level positions to $74,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 12.2% lower than the national median of $67,890.

Is Texas a lucrative place for Brokerage Clerks?

No, not exceptionally lucrative compared to the national average.The average salary of $59,590 is below the national average, though the lower cost of living offers some compensation. The concentration of these roles is also slightly below the national average.

Is Texas a good place to live for Brokerage Clerks?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Austin-Round Rock-San Marcos, TX ($67,080) and others.

How does the Texas salary compare to the national average?

The average Texas salary for Brokerage Clerks is $59,590, which is $8,300 less than the national average of $67,890.

What is the concentration of Brokerage Clerks in Texas?

Texas has a Location Quotient of 0.79 for Brokerage Clerks, meaning the profession is slightly less concentrated than the national average.

How does the cost of living in Texas affect the salary?

With a Cost of Living Index of 93, Texas is cheaper than the national average. This means the $59,590 salary has more purchasing power locally than the national average salary would in a higher-cost area.

What is the total number of Brokerage Clerks in Texas?

There are approximately 2,840 Brokerage Clerks employed in Texas, indicating a substantial presence in the state's workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,840 employees in the Texas area with a job density of 0.205 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Brokerage Clerks • Data source: BLS OEWS 2024 •Jobs in Texas