Customs broker vs broker

The differences between customs brokers and brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a broker has an average salary of $124,861, which is higher than the $58,184 average annual salary of a customs broker.

The top three skills for a customs broker include data entry, customer service and customs regulations. The most important skills for a broker are brokerage, financial services, and insurance products.

Customs broker vs broker overview

	Customs Broker	Broker
Yearly salary	$58,184	$124,861
Hourly rate	$27.97	$60.03
Growth rate	5%	5%
Number of jobs	2,824	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 66%
Average age	44	49
Years of experience	-	-

Customs broker vs broker salary

Customs brokers and brokers have different pay scales, as shown below.

	Customs Broker	Broker
Average salary	$58,184	$124,861
Salary range	Between $37,000 And $89,000	Between $68,000 And $227,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Child Guidance & Family Solutions
Best paying industry	-	Insurance

Differences between customs broker and broker education

There are a few differences between a customs broker and a broker in terms of educational background:

	Customs Broker	Broker
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Southern California

Customs broker vs broker demographics

Here are the differences between customs brokers' and brokers' demographics:

	Customs Broker	Broker
Average age	44	49
Gender ratio	Male, 51.0% Female, 49.0%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%	Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.2% Asian, 6.9% White, 70.1% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	13%

Differences between customs broker and broker duties and responsibilities

Customs broker example responsibilities.

Call new and return customer leads for Medicare solutions.
Manage all office relate matters to include accounting, international traffic and logistics.
Work with procedures for FDA and understands all government regulations.
Handle all issues pertaining to FDA & USDA and all other CFR regulations for all customers.
Consult clients on the various types of documentations that are need for inspection and clear through CBP and OGA.
Handle entries with ADA/CVD and NAFTA.

Broker example responsibilities.

Manage, lease and sell office condominiums on site.
Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Expand and maintain professional relationships with trading accounts including banks, hedge funds and portfolio managers.
Specialize in finding undervalue and/or overbought commodities by using fundamental and technical analysis that exist throughout the markets.
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Customs broker vs broker skills

Common customs broker skills

Data Entry, 17%
Customer Service, 15%
Customs Regulations, 9%
US Customs, 6%
FDA, 5%
HTS, 4%

Common broker skills

Brokerage, 17%
Financial Services, 9%
Insurance Products, 7%
Risk Management, 6%
Client Relationships, 6%
Real Estate Transactions, 5%