Pawn broker vs broker

The differences between pawn 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 $28,304 average annual salary of a pawn broker.

The top three skills for a pawn broker include sales floor, customer service and background checks. The most important skills for a broker are brokerage, financial services, and insurance products.

Pawn broker vs broker overview

	Pawn Broker	Broker
Yearly salary	$28,304	$124,861
Hourly rate	$13.61	$60.03
Growth rate	5%	5%
Number of jobs	1,805	2,770
Job satisfaction	-	-
Most common degree	High School Diploma, 47%	Bachelor's Degree, 66%
Average age	40	49
Years of experience	-	-

Pawn broker vs broker salary

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

	Pawn Broker	Broker
Average salary	$28,304	$124,861
Salary range	Between $23,000 And $34,000	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 pawn broker and broker education

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

	Pawn Broker	Broker
Most common degree	High School Diploma, 47%	Bachelor's Degree, 66%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Southern California

Pawn broker vs broker demographics

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

	Pawn Broker	Broker
Average age	40	49
Gender ratio	Male, 53.7% Female, 46.3%	Male, 63.8% Female, 36.2%
Race ratio	Black or African American, 10.8% Unknown, 5.2% Hispanic or Latino, 16.3% Asian, 5.8% White, 61.4% American Indian and Alaska Native, 0.5%	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	8%	13%

Differences between pawn broker and broker duties and responsibilities

Pawn broker example responsibilities.

Manage indexes, options, foreign equities, and short-selling positions that are compatible with clients' long-term investment goals.
Maintain eBay, Craigslist, a PayPal, Facebook and Gmail accounts.
Photograph, merchandise and upload to eBay.
Follow strict ATF policies for pawning and selling firearms.
Verify all ATF transfers and perform monthly security check.
Create web pages on Ebay for merchandise to be sell online directly from store location to include packaging.

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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Pawn broker vs broker skills

Common pawn broker skills

Sales Floor, 30%
Customer Service, 12%
Background Checks, 6%
Product Knowledge, 4%
Customer Inquiries, 3%
Cash Drawers, 3%

Common broker skills

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