Best states for a trader

Q: What is the best state for traders?

The best state to be a trader is New York based on trader salaries and job opportunities.

Q: What is the highest paying state for traders?

The highest paying state for traders is Alabama based on Zippia’s salary database.

Q: What is the worst state for traders?

The worst state for traders is Wisconsin, due to a combination of low salaries and few job opportunities.

Rank 1 - 10
11 - 20
21 - 30
31 - 40
41 - 51

We decided to bring you a list of the best states for jobs for traders in the United States. Trader positions are available in every state, but not all states are the same. Some states do not offer the same wages, benefits, time off, etc for traders.Turns out, the median salary for the highest 10% of traders in America is $144,000.

New York is the best state for jobs for traders, and Wisconsin is the worst. The most common pay in New York is $120,415, while the median pay in Wisconsin is $66,176.We found that New York is the best state for trader jobs, whereas Wisconsin is the worst.

10 best states for traders in 2025

1. New York
Total trader jobs: 227
Average annual salary: $120,415
Lowest 10 percent earn: $76,000
Highest 10 percent earn: $188,000
Location Quotient:
2.5
Trader jobs in New York
2. Delaware
Total trader jobs: 21
Average annual salary: $107,010
Lowest 10 percent earn: $66,000
Highest 10 percent earn: $170,000
Location Quotient:
2.37
Trader jobs in Delaware
3. West Virginia
Total trader jobs: 21
Average annual salary: $90,058
Lowest 10 percent earn: $55,000
Highest 10 percent earn: $146,000
Location Quotient:
1.95
Trader jobs in West Virginia
4. Rhode Island
Total trader jobs: 8
Average annual salary: $113,200
Lowest 10 percent earn: $72,000
Highest 10 percent earn: $177,000
Location Quotient:
0.93
Trader jobs in Rhode Island
5. Connecticut
Total trader jobs: 31
Average annual salary: $102,420
Lowest 10 percent earn: $64,000
Highest 10 percent earn: $162,000
Location Quotient:
1.32
Trader jobs in Connecticut
6. Nevada
Total trader jobs: 13
Average annual salary: $112,738
Lowest 10 percent earn: $70,000
Highest 10 percent earn: $180,000
Location Quotient:
0.88
Trader jobs in Nevada
7. District of Columbia
Total trader jobs: 17
Average annual salary: $103,407
Lowest 10 percent earn: $64,000
Highest 10 percent earn: $166,000
Location Quotient:
1.43
Trader jobs in District of Columbia
8. Ohio
Total trader jobs: 81
Average annual salary: $89,916
Lowest 10 percent earn: $55,000
Highest 10 percent earn: $145,000
Location Quotient:
1.12
Trader jobs in Ohio
9. New Hampshire
Total trader jobs: 8
Average annual salary: $113,348
Lowest 10 percent earn: $72,000
Highest 10 percent earn: $177,000
Location Quotient:
0.65
Trader jobs in New Hampshire
10. New Jersey
Total trader jobs: 66
Average annual salary: $96,942
Lowest 10 percent earn: $60,000
Highest 10 percent earn: $154,000
Location Quotient:
1.18
Trader jobs in New Jersey

Trader jobsNear Columbus, OH

How Zippia determines the best states to be a trader

You can read about how the best state rankings are calculated here.

Detailed list of the best states for a trader

Rank	State	Average salary	Lowest 10% earn	Population	Job count
1	New York	$120,415	$76,000	19,849,399	227
2	Delaware	$107,010	$66,000	961,939	21
3	West Virginia	$90,058	$55,000	1,815,857	21
4	Rhode Island	$113,200	$72,000	1,059,639	8
5	Connecticut	$102,420	$64,000	3,588,184	31
6	Nevada	$112,738	$70,000	2,998,039	13
7	District of Columbia	$103,407	$64,000	693,972	17
8	Ohio	$89,916	$55,000	11,658,609	81
9	New Hampshire	$113,348	$72,000	1,342,795	8
10	New Jersey	$96,942	$60,000	9,005,644	66
11	Texas	$88,516	$53,000	28,304,596	151
12	Hawaii	$100,098	$66,000	1,427,538	7
13	Wyoming	$84,359	$53,000	579,315	6
14	Georgia	$88,364	$53,000	10,429,379	73
15	Michigan	$92,295	$57,000	9,962,311	32
16	New Mexico	$93,556	$57,000	2,088,070	5
17	Louisiana	$87,575	$52,000	4,684,333	21
18	Oklahoma	$88,084	$54,000	3,930,864	13
19	Alaska	$83,638	$53,000	739,795	7
20	Vermont	$81,956	$51,000	623,657	8
21	Montana	$85,129	$54,000	1,050,493	7
22	South Carolina	$83,039	$50,000	5,024,369	33
23	Arkansas	$79,553	$49,000	3,004,279	22
24	Missouri	$86,748	$54,000	6,113,532	23
25	Illinois	$81,159	$50,000	12,802,023	132
26	South Dakota	$78,977	$51,000	869,666	8
27	Massachusetts	$84,436	$53,000	6,859,819	68
28	Kentucky	$83,061	$51,000	4,454,189	17
29	Maine	$82,051	$51,000	1,335,907	9
30	North Carolina	$77,969	$47,000	10,273,419	98
31	Utah	$82,933	$51,000	3,101,833	17
32	Minnesota	$83,991	$53,000	5,576,606	29
33	Mississippi	$74,647	$45,000	2,984,100	23
34	Iowa	$77,439	$49,000	3,145,711	25
35	Maryland	$80,492	$49,000	6,052,177	53
36	Nebraska	$70,580	$45,000	1,920,076	32
37	California	$83,061	$51,000	39,536,653	140
38	Pennsylvania	$76,596	$47,000	12,805,537	63
39	Tennessee	$73,209	$44,000	6,715,984	34
40	North Dakota	$72,873	$47,000	755,393	5
41	Oregon	$79,142	$49,000	4,142,776	12
42	Kansas	$75,899	$47,000	2,913,123	9
43	Idaho	$72,125	$45,000	1,716,943	11
44	Arizona	$75,465	$46,000	7,016,270	24
45	Florida	$71,535	$43,000	20,984,400	101
46	Alabama	$61,319	$37,000	4,874,747	35
47	Virginia	$73,331	$45,000	8,470,020	47
48	Washington	$75,529	$47,000	7,405,743	21
49	Colorado	$65,140	$41,000	5,607,154	42
50	Indiana	$65,288	$40,000	6,666,818	35
51	Wisconsin	$66,176	$41,000	5,795,483	27

Highest paying states for traders

Rank	State	Avg. Trader Salary
1	New York	$120,415
2	Delaware	$107,010
3	West Virginia	$90,058
4	Rhode Island	$113,200
5	Connecticut	$102,420
6	Nevada	$112,738
7	District of Columbia	$103,407
8	Ohio	$89,916
9	New Hampshire	$113,348
10	New Jersey	$96,942
11	Texas	$88,516
12	Hawaii	$100,098
13	Wyoming	$84,359
14	Georgia	$88,364
15	Michigan	$92,295
16	New Mexico	$93,556
17	Louisiana	$87,575
18	Oklahoma	$88,084
19	Alaska	$83,638
20	Vermont	$81,956
21	Montana	$85,129
22	South Carolina	$83,039
23	Arkansas	$79,553
24	Missouri	$86,748
25	Illinois	$81,159
26	South Dakota	$78,977
27	Massachusetts	$84,436
28	Kentucky	$83,061
29	Maine	$82,051
30	North Carolina	$77,969
31	Utah	$82,933
32	Minnesota	$83,991
33	Mississippi	$74,647
34	Iowa	$77,439
35	Maryland	$80,492
36	Nebraska	$70,580
37	California	$83,061
38	Pennsylvania	$76,596
39	Tennessee	$73,209
40	North Dakota	$72,873
41	Oregon	$79,142
42	Kansas	$75,899
43	Idaho	$72,125
44	Arizona	$75,465
45	Florida	$71,535
46	Alabama	$61,319
47	Virginia	$73,331
48	Washington	$75,529
49	Colorado	$65,140
50	Indiana	$65,288
51	Wisconsin	$66,176

Trader best states FAQs

What is the best state for traders?

What is the highest paying state for traders?

What is the worst state for traders?

Have more questions? See all answers to common sales questions.

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Best states for Traders

Updated January 8, 2025

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Total trader jobs:	227
Average annual salary:	$120,415
Lowest 10 percent earn:	$76,000
Highest 10 percent earn:	$188,000
Location Quotient:	2.5

Best states for a trader

10 best states for traders in 2025

1. New York

2. Delaware

3. West Virginia

4. Rhode Island

5. Connecticut

6. Nevada

7. District of Columbia

8. Ohio

9. New Hampshire

10. New Jersey