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Brokerage Clerks Salary in Memphis, TN-MS-AR

In Memphis, TN-MS-AR, brokerage clerks earn $60,270 at the median — $28.98 an hour. The range runs from $30K at the entry level to $69K for experienced workers. Cost of living is below average (RPP 92.18), which stretches that salary to about $65,383 in buying power. A 2-bedroom apartment runs $1,274/month — about 30.4% of take-home, which is tight.

$60K
Median annual
$28.98/hr
Hourly rate
$30K
Entry level (10th %)
$69K
Senior level (90th %)

So what does $60K get you in Memphis?

Estimated take-home pay$4,205/mo
Rent (2BR median)-$1,274/mo
Rent as % of take-home30.3% ⚠ above 30% guideline
Groceries-$361/mo
Utilities-$181/mo
Transportation-$317/mo
Healthcare-$210/mo
Left over$1,862/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Memphis’s Regional Price Parity (92.18). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction.

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Compensation breakdown

Annual earnings by percentile, Memphis, TN-MS-AR

Bar chart showing Brokerage Clerks salary percentiles in Memphis, TN-MS-AR: 10th percentile $30,280, 25th percentile $51,920, median $60,270, 75th percentile $68,880, 90th percentile $68,900. Source: Bureau of Labor Statistics.10th$30K25th$52KMedian$60K75th$69K90th$69K
Bar chart showing Brokerage Clerks salary percentiles in Memphis, TN-MS-AR: 10th percentile $30,280, 25th percentile $51,920, median $60,270, 75th percentile $68,880, 90th percentile $68,900. Source: Bureau of Labor Statistics.

Entry-level brokerage clerks (10th percentile) start around $30K. Mid-career wages sit at $60K. Top earners bring in $69K or more, a $39K spread from bottom to top.

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Brokerage Clerks pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
District of Columbia$85K+36%N/A
California$77K+23%6,000
New York$76K+21%5,640
Connecticut$75K+19%260
North Dakota$73K+17%N/A
New Jersey$68K+7%2,760
Maine$67K+6%100
Delaware$66K+5%480
Oregon$66K+5%260
Hawaii$65K+3%50
Washington$65K+3%340
Kansas$65K+3%150
Maryland$64K+2%670
Arizona$63K+1%1,140
Michigan$63K-0%800
Georgia$62K-2%340
Ohio$62K-2%920
Louisiana$61K-3%60
Tennessee$61K-3%420
Pennsylvania$61K-3%1,730
Nevada$61K-3%430
North Carolina$61K-3%990
Wisconsin$61K-3%580
Oklahoma$61K-3%N/A
Massachusetts$61K-3%940
Rhode Island$61K-4%420
Florida$61K-4%2,480
Minnesota$60K-4%1,300
Alabama$60K-4%210
Illinois$60K-5%1,600
Utah$59K-6%320
New Mexico$59K-6%N/A
Texas$58K-8%2,840
Missouri$58K-8%710
Virginia$58K-9%1,100
South Dakota$57K-10%120
Indiana$56K-11%1,420
South Carolina$53K-15%260
Alaska$52K-17%50
Iowa$52K-17%270
Mississippi$52K-18%70
Nebraska$51K-18%310
Kentucky$51K-19%210
New Hampshire$49K-22%260
Montana$48K-24%170
12345

Showing 1–10 of 45 states

BLS does not publish data for every state when sample sizes are too small

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BLS updates this data quarterly. We'll email you when Memphis numbers change.

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Frequently asked questions

How much do brokerage clerks make in Memphis, TN-MS-AR?

The median is $60,270 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $30,280, and experienced brokerage clerks can clear $68,900. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $60K enough to live in Memphis?

On that salary, you'd take home roughly $4,205/month after taxes. A 2-bedroom here rents for about $1,274/month, which eats 30.3% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

How far does a brokerage clerks salary go in Memphis?

Memphis has a Regional Price Parity of 92.18 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median brokerage clerks salary is worth about $65,383 in national-average purchasing power.

Where do brokerage clerks get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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