Pawnbroker Salary

A Pawnbroker earns an average wage of $10.89 per hour. People in this job generally don't have more than 10 years' experience. A skill in Loan Processing is associated with high pay for this job. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay.

$22,601 - $56,006
$23K
$34K
$56K
MEDIAN: $34,178
10%
50%
90%

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$8.26 - $14.85
$8
$11
$15
MEDIAN: $10.87
10%
50%
90%

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$0$56K
Salary $22,601 - $56,006
Bonus $0.00 - $2,980
Commission $0.00 - $4,485
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,487 - $43,212
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 29
Hourly Data $0$24
Hourly Rate $8.26 - $14.85
Hourly Tips $0.95
Overtime $10.80 - $24.25
Annual Data $0$43K
Bonus $0.00 - $2,980
Commission $0.00 - $4,485
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,487 - $43,212
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 88

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United States (change)

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Job Description for Pawnbroker

A pawnbroker works in a pawn shop. Usually, clients will come into the pawnshop when they are in need of money, and they will leave items of value at the pawn shop, in order to obtain a loan. The value of the loan should be below the value of the item; then if the client does not return for the item, the item can be sold, and a profit can be made. Some customers will also come into the store simply hoping to sell an item. Other customers will come into the pawnshop looking to purchase items.

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Pawnbroker Tasks

  • Maintain store by doing daily duties.
  • Formulate pricing policies by reviewing merchandising activities.
  • Ensure availability of merchandise and services by maintaining inventories.
  • Identify current and future customer requirements by establishing rapport with potential and actual customers.

Common Career Paths for Pawnbroker


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Pawnbroker Job Listings

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Key Stats for Pawnbroker

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.
Less than 1 year
9%
1-4 years
51%
5-9 years
28%
10-19 years
9%
20 years or more
3%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Pawnbroker Salaries

Experienced
▲24%

▲23%

National Average
$25,000

▼5%

Skills That Affect Pawnbroker Salaries

Loan Processing
▲24%

▲7%


National Average
$25,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
9%
1-4 years
51%
5-9 years
28%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 29%
dental benefits
Dental: 22%
vision benefits
Vision: 16%
no benefits
None: 68%
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