As of April 01, 2026, the average salary for a Margin Clerk II in the United States is $48,226 per year, which breaks down to an hourly rate of $23.
However, a Margin Clerk II's salary can vary significantly. Here’s a look at the typical salary range:
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A Margin Clerk II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Margin Clerk II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Margin Clerk I | 1-3 years | $38,926 |
| Margin Clerk II | 3-5 years | $48,226 |
| Margin Clerk III | 5-7 years | $56,252 |
| Margin Department Supervisor | 7+ years | $78,192 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Margin Clerk IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Customer Service | 5.88% |
| ACH | 2.94% |
| Collateral Management | 2.94% |
Your level of education can impact your salary potential. While many Margin Clerk IIs enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Margin Clerk II with a High School Diploma or Technical Certificate is between $46,800 and $48,312).
Margin Clerk II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 100.0% |
| High School | 0.0% |
| Associates | 0.0% |
| Bachelors | 100.0% |
| Masters | 0.0% |
| Doctorate | 0.0% |
Understanding how a Margin Clerk II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on April 01, 2026Promotions are the fastest way to increase your earnings. As a Margin Clerk II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Stock Loan Clerk III | $49,962 | 4% |
| Floor Operations Manager | $153,205 | 218% |
| Foreign Exchange Manager | $152,088 | 215% |
| Margin Clerk III | $56,252 | 17% |
Salaries for a Margin Clerk II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $51,355 in 2023 to around $50,991 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Margin Clerk II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $51,355 |
| 2024 | $51,768 |
| 2025 | $50,991 |
| 2026 |
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| 2027 |
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A Margin Clerk II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Margin Clerk II earns the most in San Jose, CA, where the annual salary of a Margin Clerk II is $60,827.
The highest pay for Margin Clerk II is $55,127.
The lowest pay for Margin Clerk II is $38,366.
Compiles data and determines customer margin in stock purchased. Determines brokerage fees and notifies supervisor when customer margin is less than government regulations or brokerage firm requirements. Researches customer margin account problems using customer account information and transaction records. May require an associate degree. Typically reports to a supervisor or manager. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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