A Pawnbroker earns an average wage of $10.63 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. Experience has a moderate effect on income for this job.

$22,986 - $74,865
(Median)
$23K
$34K
$75K
MEDIAN: $33,667
10%
50%
90%

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$8.27 - $14.78
(Median)
$8
$11
$15
MEDIAN: $10
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25K$50K$75K
Salary
$22,986 - $74,865  
   
Bonus
$-0.49 - $4,698  
Commission
$257.60 - $4,336  
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).
)
$18,251 - $39,421  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 29
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$8$16$24
Hourly Rate
$8.27 - $14.78  
   
Overtime
$10.62 - $21.68  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16K$32K$48K
Bonus
$-0.49 - $4,698  
   
Commission
$257.60 - $4,336  
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).
)
$18,251 - $39,421  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 89
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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

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

Pawnbroker Job Listings

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Experience Affects Pawnbroker Salaries

Experienced
up arrow 21%

Mid-Career
up arrow 9%

National Average
$25,000

Entry-Level
up arrow 5%

Skills That Affect Pawnbroker Salaries

Loan Processing
up arrow 27%

Sales
up arrow 4%

Customer Service
up arrow 3%

National Average
$25,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 17 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
10%
1-4 years
53%
5-9 years
30%
10-19 years
6%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 31%
dental benefits
Dental: 25%
medical benefits
Vision: 19%
dental benefits
None: 65%
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