Image that illustrates Pawnbroker

Pawnbroker

35 000 kr

Debt collectors and pawnbrokers etc.

34 000 - 43 300 kr / month

Administration, ekonomi

What will be the salary after tax?

Salary progression Pawnbroker

Average salary 35 000 kr
Males 0 kr
Females 34 200 kr

What does a pawnbroker do? – Tasks and work environment

Pawnbrokers primarily work with appraising, registering, and managing items submitted as collateral for loans. The role involves meeting customers who want to pawn jewelry, electronics, or other valuables, and assessing the item's value based on market, condition, and demand. An important aspect of the work is meticulous documentation and following laws and internal guidelines for the secure handling of both items and cash. The work environment is often in a retail setting with direct customer contact, where pawnbrokers are expected to be service-oriented, precise, and able to handle sometimes stressful situations.

Salary development over time

Pawnbrokers have experienced steady salary growth in recent years. In 2022, the average salary was 32,000 SEK per month, increasing to 34,200 SEK in 2023. In 2024, the average salary amounts to 35 000 SEK, representing a total increase of approximately 9.4 % over the three-year period. The salary increase can partly be explained by increased demand for services in the pawn and debt collection sectors, as well as a greater focus on security and customer service. Overall, the profession has seen positive salary development, although it still remains close to the average for similar administrative roles.

Pawnbroker salary – comprehensive overview

  • Average salary: 35 000 SEK/month
  • Lowest salary: 34,000 SEK/month (female, 3-year high school diploma)
  • Highest salary: 43,300 SEK/month (male, private sector worker)
  • Hourly wage: 210 SEK/hour
  • Women: 34,200 SEK/month
  • Men: No specific data, but highest known salary 43,300 SEK/month
  • Regional differences: Data not available

Education and qualifications

To work as a pawnbroker, a high school diploma is generally required, preferably with a focus on trade, economics, or administration. Practical experience in customer service, retail, or valuation is advantageous, but many employers also offer internal training. Basic competence in valuation and an interest in various types of items are important, as well as the ability to handle administrative routines and regulations.

  • High school diploma: Trade, economics, or similar (3 years)
  • Internal training: Common among larger employers
  • Internship/experience: Valuable from retail or valuation work
  • Courses: Basic training in valuation and customer service can be beneficial
  • Prerequisites: Good administrative skills and a service-oriented attitude

Pawnbrokers often gain unique insights into people's life stories and values through the items they submit. The work requires tact for discreet conversations and the ability to engage with people in various life situations. It is common for the role to develop both empathy and an eye for detail in the person working in the profession.

– statsskuld.se

Common benefits and compensations

Pawnbrokers are often covered by collective agreements and offered basic employment benefits such as occupational pension, wellness allowance, and insurance. In some cases, bonuses or commissions may also be included, especially if the employer has a performance-based system. Working hours are usually scheduled during daytime, but evening and weekend work can occur in larger stores.

Competition and challenges

The profession of pawnbroker is part of a broader occupational group where competition varies depending on location and employer. The number of available jobs is relatively high with 758 positions, indicating some demand. At the same time, lack of specialized education or experience can pose challenges for those trying to establish themselves quickly. The work demands high accuracy and integrity, especially as it involves valuable items and financial handling. Changes in societal consumption patterns and digitalization may also influence demand for traditional pawnbrokers, while new services and digital solutions can create development opportunities.

Tips for aspiring pawnbrokers

To succeed as a pawnbroker, it is beneficial to have a strong sense of service, as customer contact is central. Being meticulous and organized helps ensure correct appraisal and handling of items, while analytical skills facilitate the assessment of different objects. Flexibility and stress tolerance are important qualities, as the pace can vary and unexpected situations may arise. An interest in various types of items and their market value development is also advantageous. The ability to quickly adapt to new routines and regulations is crucial, as well as maintaining high integrity and handling sensitive information discreetly. Finally, good computer skills and administrative abilities facilitate daily work and offer opportunities for career development within the profession.

Key facts about pawnbrokers

  • Average salary: 35 000 SEK/month
  • Education level: High school diploma, often trade or economics
  • Hourly wage: 210 SEK
  • Number of available jobs: 758 within the profession
  • Work environment: Customer-oriented retail environment with demands for accuracy and service

Career paths and future prospects

Pawnbrokers who gain experience can, after three to five years, advance to roles such as store manager, valuation specialist, or administrative responsible within pawn shops and related businesses. Opportunities for further education in valuation, insurance, or finance are available for those who want to broaden their skills. Forecasts from the Employment Service indicate no specific assessment has been made for the profession due to limited statistical data, but the relatively high number of available jobs suggests some demand. Digitalization and changing consumer behaviors may influence the profession's development over time, but personal contact and valuation skills will remain central.

Frequently asked questions about pawnbrokers

  • What does a pawnbroker earn?
    - The average salary for a pawnbroker is 35 000 SEK per month, with variations depending on experience and employer.
  • What education is required to become a pawnbroker?
    - A high school diploma with a focus on trade or economics is recommended, but internal training is common.
  • Are there salary differences between men and women?
    - Women earn an average of 34,200 SEK, while the highest known salary for men is 43,300 SEK.
  • What is the working environment like for a pawnbroker?
    - The work environment is in a retail setting with direct customer contact and demands for accuracy.
  • What career development opportunities are available?
    - After a few years, pawnbrokers can advance to store manager, valuation specialist, or administrative roles.
  • How high is the demand for pawnbrokers?
    - There are 758 available jobs, indicating some demand.
  • What are the lowest and highest salaries for pawnbrokers?
    - The lowest salary is 34,000 SEK and the highest is 43,300 SEK per month.

Who has the highest salary?
The highest salary for a Pawnbroker is 43300 kr. This salary belongs to a man working in the Privately employed workers with a unspecified education. The highest salary for a woman in this profession is 34200 kr.
Who has the lowest salary?
The lowest salary for a Pawnbroker is 34000 kr. This salary belongs to a woman also working in the Multiple sectors. The lowest salary for a man in this profession is 43300 kr.
Salary distributed by age and sector
Age Women's salary as a percentage of men's Base salary Monthly salary
25-34 32100 kr 32400 kr
Snitt 34600 kr 35000 kr
Salary per sector
Salary based on education
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About the data

All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.

All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.

Profession Pawnbroker has the SSYK code 4212, which we use to match against the SCB database to obtain the latest salary statistics.

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