Brokerage Clerks Salary
In Michigan, brokerage clerks earn $73,350 at the median, or about $35.26 an hour. The range runs from $57K at the entry level to $92K for experienced workers. Cost of living is below average (RPP 93.89), which stretches that salary to about $78,123 in buying power. Rent on a 2-bedroom averages $1,272/month, or 26.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Michigan. Jump to a metro for precise data:
So what does $73K get you in Michigan?
About brokerage clerks
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What this looks like in Michigan
Michigan sits well above the national pay line for brokerage clerks, local pay runs about 12% higher than the U.S. median of $66K. Rent runs $1,272/month for a 2-bedroom (HUD FMR), taking 26.8% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.89 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Michigan
Entry-level brokerage clerks (10th percentile) start around $57K. Mid-career wages sit at $73K. Top earners bring in $92K or more, a $35K spread from bottom to top.
Brokerage Clerks salary by metro in Michigan
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Detroit-Warren-Dearborn | $78K | +6% | 190 |
| Grand Rapids-Wyoming-Kentwood | $68K | -7% | 70 |
Compare to other states
Track brokerage clerks salary changes
BLS updates this data quarterly. We'll email you when Michigan numbers change.
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Frequently asked questions
Can a brokerage clerk afford a 2BR apartment alone in Michigan?
Yes — at the median salary of $73K, rent takes 26.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,272/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for brokerage clerks in Michigan?
The 10th-percentile wage — what new brokerage clerks typically earn — is $57K/year. Take-home on that works out to about $3,425/month. At HUD’s $1,272/month FMR, rent would take 37% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is brokerage clerk a high-paying job in Michigan?
Local pay is 12% above the national median — $73K here vs. $66K nationally.
How does Michigan compare to the national average for brokerage clerks?
Michigan pays $73K median vs. the U.S. average of $66K — that’s +12%. After adjusting for local cost of living (RPP 93.89), the purchasing-power equivalent is $78K — still ahead of the national median.
How much do brokerage clerks make in Michigan?
The median is $73,350 a year, that works out to about $35 an hour. But the range is wide: entry-level workers start around $57,080, and experienced brokerage clerks can clear $92,160. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $73K enough to live in Michigan?
On that salary, you'd take home roughly $4,739/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 26.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a brokerage clerks salary go in Michigan?
Michigan has a Regional Price Parity of 93.89 (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 $78,123 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.