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Margin Clerk II Salary in New Mexico

How much does a Margin Clerk II make in New Mexico?

As of May 18, 2021, the average salary for a Margin Clerk II in New Mexico is $44,446 per year, which breaks down to an hourly rate of $21.

However, a Margin Clerk II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $50,812
  • Majority Range (25th-75th percentile): $39,689 to $47,778
  • Entry-Level (10th percentile): $35,359
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View as table View as graph 25% $39,689 10% $35,359 90% $50,812 75% $47,778 $44,446 50%(Median) Didn’t find job title? Click

Margin Clerk II Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $47,778 $3,982 $919 $23
Average $44,446 $3,704 $855 $21
25th Percentile $39,689 $3,307 $763 $19
Check out Margin Clerk II Job Openings in New Mexico
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CHS Inc - MISSOULA, MT

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Key Factors That Influence Margin Clerk II Salaries

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 and company size can directly affect your earning potential.

How Experience Level Affects Margin Clerk Salaries?

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:

  • Margin Clerk I (1-3 years): $35,890
  • Margin Clerk II (3-5 years): $44,446
  • Margin Clerk III (5-7 years): $51,844
  • Margin Department Supervisor (7+ years): $72,045
Job Role Years of Experience Average Salary
Margin Clerk I1-3 years$35,890
Margin Clerk II3-5 years$44,446
Margin Clerk III5-7 years$51,844
Margin Department Supervisor7+ years$72,045
$35,890 Margin Cl...
$44,446 Margin Cl...
$51,844 Margin Cl...
$72,045 Margin De...
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What Am I Worth?

Top Paying Cities for Margin Clerk IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $44,745
  • Belen: $44,600
  • Bernalillo: $44,986

Margin Clerk II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

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 May 18, 2021

Margin Clerk II Salary Growth & Career Path

Promotions 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.

Margin Clerk II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Stock Loan Clerk III $46,073 4%
Floor Operations Manager $140,961 217%
Foreign Exchange Manager $139,935 215%
Margin Clerk III $51,844 17%

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Ready to take the next step in your career? Browse thousands of current Margin Clerk II job openings on our job board. Use the search bar below to find your perfect match.

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Cost of Living In New Mexico

Cost of Living in New Mexico is
-7.8% Lower
than the National Average

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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