Brokerage Clerks pay range in Memphis
New workers and the lowest-paid 10% earn about $38,240 a year or less, while the top 10% make $102,390 or more. The middle half of brokerage clerks in Memphis earn between $53,470 and $71,740.
- $38K10th
- $53K25th
- $62KMedian
- $72K75th
- $102K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $64,610 | $5,384 | $31.06 |
| Median | $62,040 | $5,170 | $29.83 |
| Entry level (25th percentile) | $53,470 | $4,456 | $25.71 |
| Experienced (75th percentile) | $71,740 | $5,978 | $34.49 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Brokerage Clerks pay in Memphis vs. Tennessee and the U.S.
Brokerage clerks in Memphis earn about the same as the Tennessee average ($66,010) and 11% less than the U.S. average ($72,850). At the median the gap is -6% against the U.S. median of $65,750.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Memphis | $64,610 | $62,040 | $38,240 | $102,390 | n/a |
| Tennessee | $66,010 | $64,610 | $49,700 | $86,460 | 370 |
| United States | $72,850 | $65,750 | $50,260 | $102,010 | 35,940 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Brokerage Clerks salary after taxes in Memphis
On the average salary of $64,610, a single filer in Memphis takes home about $54,094 a year, or $4,508 a month and $2,081 every two weeks. Taxes take 16% of gross pay.
The Memphis, TN-MS-AR metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in TN | $54,094 | $4,508 |
| Working in MS | $52,242 | $4,353 |
| Working in AR | $52,191 | $4,349 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Memphis a good place for brokerage clerks? Pay vs. cost of living
Prices in the Memphis area are 8% below the U.S. average (BEA price parity 92.2), so the average $64,610 buys what about $70,092 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Memphis ($46,890). A typical home costs $247,229, or 3.8 years of this average salary before tax.
Brokerage Clerks salary in other Tennessee cities
Memphis ranks 3rd of 3 Tennessee metro areas for this job; Nashville pays the most ($67,920).
Highest-paying cities for brokerage clerks
San Francisco, CA pays this job the most of the metro areas we cover ($94,890).
- San Francisco, CA$94,890
- San Jose, CA$93,660
- New York, NY$87,500
- Bridgeport, CT$86,720
- Seattle, WA$82,540
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Brokerage Clerks salary in Memphis: questions
How much do brokerage clerks make an hour in Memphis?
$31.06 an hour on average, and $29.83 at the median (BLS, May 2025).
What is the entry-level brokerage clerks salary in Memphis?
The lowest-paid 10% earn about $38,240 a year and the 25th percentile is $53,470, a fair guide to starting pay.
What is the brokerage clerks take-home pay in Memphis?
About $54,094 a year ($4,508 a month) for a single filer on the average salary of $64,610. Tennessee has no state income tax.
Do brokerage clerks earn more in Memphis than elsewhere?
The average here is 11% less than the U.S. average for this job ($72,850).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 43-4011; area Memphis, TN-MS-AR (32820). Relative standard error of the mean wage: 17.0%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
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