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Average Brokerage Clerks Salary in Washington

Brokerage Clerks in Washington can expect an impressive average annual salary of $74,520, significantly surpassing the national average of $67,890. This elevated compensation is likely driven by Washington's robust economic landscape and potentially higher operational costs within the financial sector, necessitating competitive pay to attract and retain skilled professionals.

Executive Summary

  • Average Salary: $74,520 per year.
  • Growth Trend: Salaries have shifted 18.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,280.
  • Outlook: With a local workforce of 340 Brokerage Clerks, Washington presents a niche but stable employment environment for this role. The location quotient of 0.37 indicates a lower concentration compared to the national average, suggesting that while the absolute number of jobs isn't vast, the demand within the state is consistent, offering steady opportunities for those in the field.
2024 Market Data

Salary Overview

$74,520

The average Brokerage Clerks in Washington earns+9.8%above the national average.

BreakdownBased on 40h/week
Hourly

$35.8

Weekly

$1,433

Monthly

$6,210

Brokerage Clerks Salary Distribution in Washington

The salary trajectory for Brokerage Clerks in Washington typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries, potentially reaching the upper percentiles. The difference between entry-level and senior roles reflects the accumulation of expertise, responsibility, and market value.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,350$24.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,890$26.9
ManagerOversees team, compliance, and project delivery.50% (Median)$64,540$31
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,150$44.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,280$58.8

Detailed Brokerage Clerks Market Analysis

Relocation Context

Nominal Salary

$74,520

Gross Pay

Real Wage (Purchasing Power)

$64,744

Adjusted for COL (115.1)

While the nominal salary of $74,520 appears attractive, it's crucial to consider Washington's cost of living index of 115.1. This means that everyday expenses are approximately 15.1% higher than the national average. Therefore, the purchasing power of a Brokerage Clerk's salary in Washington is somewhat tempered by these elevated living costs, though it likely still offers a comfortable standard of living compared to many other states.

Job Market Context

340

Total Jobs

0.096

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Washington has a notably lower concentration of Brokerage Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A location quotient of 0.37 for Brokerage Clerks in Washington suggests that this profession is less concentrated in the state compared to the national average. This implies that the job market may not be saturated, potentially leading to a more competitive environment for employers seeking talent, and conversely, offering good opportunities for skilled individuals looking for employment in this sector.

Nearby Job Markets

Nearby Cities for Brokerage Clerks

CitySalaryDist.
Seattle-Tacoma-Bellevue, WA Brokerage Clerks Salary$75,640↑ 2%42 mi

Comparing salaries near Washington

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Frequently Asked Questions

How much does a Brokerage Clerks make in Washington?

The median annual salary for a Brokerage Clerks in Washington is $74,520. This typically ranges from $51,350 for entry-level positions to $122,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Washington is 9.8% higher than the national median of $67,890.

Is Washington a lucrative place for Brokerage Clerks?

Yes, Washington is a lucrative place for Brokerage Clerks.The average salary of $74,520 significantly exceeds the national average, and despite a higher cost of living, the compensation remains competitive.

Is Washington a good place to live for Brokerage Clerks?

The Cost of Living Index in Washington is 115.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Washington?

Some top paying nearby cities include Seattle-Tacoma-Bellevue, WA ($75,640) and others.

How does Washington's Brokerage Clerk salary compare to the national average?

The average annual salary for Brokerage Clerks in Washington is $74,520, which is notably higher than the national average of $67,890.

What is the cost of living in Washington compared to the rest of the US?

Washington has a cost of living index of 115.1, indicating that it is approximately 15.1% more expensive to live there than the national average.

Is the Brokerage Clerk job market in Washington highly concentrated?

No, with a location quotient of 0.37, Brokerage Clerks are less concentrated in Washington compared to the national average, suggesting a less saturated market.

How many Brokerage Clerks are there in Washington?

There are approximately 340 Brokerage Clerks employed within Washington state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Washington area with a job density of 0.096 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 Washington