The average salary for a stock trader in Michigan is around $51,070 per year.
Avg Salary
Stock traders earn an average yearly salary of $51,070.
Wages typically start from $29,800 and go up to $164,590.
23% above national average Updated in 2018
Stock trader earnings by seniority
90th percentile
Top-level stock trader earnings begin at:
$79.13 per hour
$164,590 per year
75th percentile
Senior-level stock trader earnings begin at:
$43.91 per hour
$91,340 per year
50th percentile
Mid-level stock trader earnings begin at:
$24.55 per hour
$51,070 per year
25th percentile
Junior-level stock trader earnings begin at:
$17.19 per hour
$35,760 per year
10th percentile
Starting level stock trader earnings begin at:
$14.33 per hour
$29,800 per year
Approximate values based on highest and lowest earning segments.
Stock trader salary by state
| State Name | Average Salary |
|---|---|
| Illinois | $92,313 |
| South Dakota | $91,800 |
| Indiana | $89,023 |
| Hawaii | $85,660 |
| Pennsylvania | $85,537 |
| Connecticut | $82,890 |
| Minnesota | $79,350 |
| Vermont | $72,900 |
| Massachusetts | $72,610 |
| Delaware | $71,650 |
| New Jersey | $71,590 |
| Kansas | $70,730 |
| Rhode Island | $70,210 |
| New Hampshire | $69,050 |
| District of Columbia | $65,150 |
| Maryland | $63,310 |
| Virginia | $62,780 |
| North Carolina | $62,360 |
| Alaska | $61,870 |
| North Dakota | $61,330 |
| Nebraska | $60,560 |
| Kentucky | $58,160 |
| Wisconsin | $58,060 |
| Ohio | $57,630 |
| Florida | $57,300 |
| Colorado | $56,590 |
| Maine | $56,540 |
| Missouri | $56,390 |
| Alabama | $55,420 |
| California | $54,370 |
| Texas | $54,070 |
| Utah | $53,750 |
| Georgia | $53,160 |
| Washington | $52,780 |
| Arkansas | $51,680 |
| Tennessee | $51,550 |
| Michigan | $51,070 |
| Montana | $50,470 |
| Iowa | $50,030 |
| South Carolina | $49,240 |
| West Virginia | $49,160 |
| Mississippi | $48,980 |
| Nevada | $48,940 |
| Arizona | $47,572 |
| Oregon | $47,570 |
| Louisiana | $45,900 |
| Oklahoma | $45,260 |
| New Mexico | $44,120 |
| Wyoming | $41,040 |
| Idaho | $40,360 |
| Puerto Rico | $25,270 |
| New York | $140,300 |
How do stock trader salaries compare to similar careers?
Stock traders earn about the same as related careers in Michigan. On average, they make less than business analysts but more than accountants.
| Career | Median Salary |
|---|---|
| Business analyst salary | $79K |
| Operations research analyst salary | $88K |
| Financial analyst salary | $78K |
| Statistician salary | $78K |
| Credit analyst salary | $71K |
| Securities and commodities broker salary | $51K |
| Stock trader salary | $51K |
| Budget analyst salary | $79K |
| Auditor salary | $66K |
| Accountant salary | $66K |
Source: CareerExplorer (Aggregated)