Pawnbroker salary in Kenya

Average Yearly Salary of Pawnbroker in Kenya is approximately 428,132 KES (2,701 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Pawnbroker do?

A pawnbroker is a professional who provides short-term loans to individuals by accepting personal items as collateral. They assess the value of the item and offer a loan amount based on its worth. If the borrower is unable to repay the loan within a specified period, the pawnbroker has the right to sell the item to recover the money lent. Pawnbrokers also buy and sell second-hand goods, such as jewelry, electronics, and musical instruments. The occupation of a pawnbroker requires strong negotiation skills, the ability to assess the value of various items, and knowledge of market trends. They must be trustworthy and have good interpersonal skills to interact with customers. Pawnbrokers also need to understand the legal regulations surrounding their business and ensure compliance.

Skills: Pawnbroker, Collateral-based lending, Second-hand goods, Loan assessment, Negotiation skills, Market trends.
Job industry: Finance

How much does Pawnbroker make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Pawnbroker a well paid job?

No, our data shows that Pawnbroker is quite an underpaid paid job. The salary varies based on experience. Meaning that even though Pawnbroker might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Pawnbroker?

High salary for Pawnbroker would be somewhere between 470,945 KES and 620,791 KES. However this is an estimation based on Gaussian Distribution.

How much can you save working as Pawnbroker in Kenya?

Living in Kenya the approximate monthly expenses are: 240 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 428,132 KES
Estimated Monthly Salary: 35,678 KES
Estimated Weekly Salary: 8,233 KES per week
Estimated Hourly Salary: 206 KES per hour
Our data indicates that by working as Pawnbroker you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Kenya, see costs of living in Kenya.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Pawnbroker

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Kenya

Data as of 2025

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