Securities, Commodities, and Financial Services Sales Agents Salary
The median pay for a securities, commodities, and financial services sales agents in Michigan is $73,480/year ($35.33/hour), per BLS data. The range runs from $47K at the entry level to $173K for experienced workers. Cost of living is below average (RPP 93.89), which stretches that salary to about $78,262 in buying power. Rent on a 2-bedroom averages $1,272/month, or 26.3% 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 securities, commodities, and financial services sales agents
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What this looks like in Michigan
Securities, commodities, and financial services sales agents pay in Michigan tracks closely to the national median, $73K locally vs. $79K nationwide, a 7% difference. 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. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Michigan
Entry-level securities, commodities, and financial services sales agents (10th percentile) start around $47K. Mid-career wages sit at $73K. Top earners bring in $173K or more, a $126K spread from bottom to top.
Securities, Commodities, and Financial Services Sales Agents salary by metro in Michigan
14 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Detroit-Warren-Dearborn | $78K | +6% | 3,770 |
| Ann Arbor | $70K | -5% | 220 |
| Niles | $68K | -7% | 100 |
| Flint | $68K | -7% | 180 |
| Saginaw | $63K | -15% | 80 |
| Grand Rapids-Wyoming-Kentwood | $62K | -16% | 650 |
| Kalamazoo-Portage | $62K | -16% | 170 |
| Lansing-East Lansing | $61K | -17% | 280 |
| Battle Creek | $61K | -17% | 50 |
| Traverse City | $61K | -17% | 80 |
| Muskegon-Norton Shores | $59K | -19% | 70 |
| Jackson | $58K | -22% | 110 |
| Bay City | $55K | -25% | 40 |
| Monroe | $54K | -26% | 50 |
Showing 1–10 of 14 metros
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BLS updates this data quarterly. We'll email you when Michigan numbers change.
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Frequently asked questions
Can a securities, commodities, and financial services sales agent 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 securities, commodities, and financial services sales agents in Michigan?
The 10th-percentile wage — what new securities, commodities, and financial services sales agents typically earn — is $47K/year. Take-home on that works out to about $2,798/month. At HUD’s $1,272/month FMR, rent would take 45% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is securities, commodities, and financial services sales agent a high-paying job in Michigan?
Pay here is roughly in line with the national average — $73K locally vs. $79K nationally, a 7% difference.
How does Michigan compare to the national average for securities, commodities, and financial services sales agents?
Michigan pays $73K median vs. the U.S. average of $79K — that’s -7%. After adjusting for local cost of living (RPP 93.89), the purchasing-power equivalent is $78K — below the national median.
How much do securities, commodities, and financial services sales agents make in Michigan?
The median is $73,480 a year, that works out to about $35 an hour. But the range is wide: entry-level workers start around $46,640, and experienced securities, commodities, and financial services sales agents can clear $172,680. 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 $4,746/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 securities, commodities, and financial services sales agents 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 securities, commodities, and financial services sales agents salary is worth about $78,262 in national-average purchasing power.
Where do securities, commodities, and financial services sales agents 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.