Licensed customs broker vs broker

The differences between licensed 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 $52,452 average annual salary of a licensed customs broker.

The top three skills for a licensed customs broker include customs compliance, customs brokers and government agencies. The most important skills for a broker are brokerage, financial services, and insurance products.

Licensed customs broker vs broker overview

	Licensed Customs Broker	Broker
Yearly salary	$52,452	$124,861
Hourly rate	$25.22	$60.03
Growth rate	5%	5%
Number of jobs	12,783	2,770
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 66%
Average age	44	49
Years of experience	-	-

Licensed customs broker vs broker salary

Licensed customs brokers and brokers have different pay scales, as shown below.

	Licensed Customs Broker	Broker
Average salary	$52,452	$124,861
Salary range	Between $34,000 And $78,000	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 licensed customs broker and broker education

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

	Licensed Customs Broker	Broker
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	Stanford University	University of Southern California

Licensed customs broker vs broker demographics

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

	Licensed Customs Broker	Broker
Average age	44	49
Gender ratio	Male, 54.2% Female, 45.8%	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 licensed customs broker and broker duties and responsibilities

Licensed customs broker example responsibilities.

Manage all office relate matters to include accounting, international traffic and logistics.
Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
Used AS400, tariff books and TSCA.

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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Licensed customs broker vs broker skills

Common licensed customs broker skills

Customs Compliance, 10%
Customs Brokers, 8%
Government Agencies, 7%
FDA, 5%
CBP, 5%
Customs Entries, 5%

Common broker skills

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