Average Counter and Rental Clerks Salary in Traverse City, MI
Counter and Rental Clerks in Traverse City, MI, earn an average annual salary of $42,860. This figure is slightly below the national average of $43,680, a common occurrence in markets where local economic factors and demand dynamics influence compensation. While the nominal pay is close to the national benchmark, understanding the local context is key to evaluating its true value.
Executive Summary
- Average Salary: $42,860 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,170.
- Outlook: Traverse City supports a dedicated local workforce of 220 Counter and Rental Clerks. With a Location Quotient of 1.27, this role is more concentrated in Traverse City than the national average, suggesting a stable, albeit specialized, demand for these services within the local economy. The presence of 3.294 jobs per 1,000 workers indicates a consistent need for these professionals.
Salary Overview
The average Counter and Rental Clerks in Traverse City, MI earns-1.9%below the national average.
$20.6
$824
$3,572
Counter and Rental Clerks Salary Trends (2020-2024)
While specific historical data for Traverse City's Counter and Rental Clerk salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national wage growth. Economic factors, inflation, and evolving market demands typically contribute to incremental salary increases for most roles, including those in the service and rental sectors.
Counter and Rental Clerks Salary Distribution in Traverse City, MI
The salary trajectory for Counter and Rental Clerks typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential available within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,000 | $13 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $32,145 | $15.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $39,170 | $18.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $53,575 | $25.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $65,170 | $31.3 |
Detailed Counter and Rental Clerks Market Analysis
Relocation Context
Nominal Salary
$42,860
Gross Pay
Real Wage (Purchasing Power)
$42,860
Adjusted for COL (100)
With an average annual salary of $42,860 and a Cost of Living Index of 100, the nominal income in Traverse City, MI, aligns precisely with the national average cost of living. This means that the purchasing power of a Counter and Rental Clerk's salary in Traverse City is equivalent to that of someone earning the national average salary in a location with a national average cost of living.
Job Market Context
220
Total Jobs
3.294
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Traverse City, MI has a slightly higher-than-average concentration of Counter and Rental Clerks roles compared to the national norm.
Traverse City's Location Quotient of 1.27 indicates a higher concentration of Counter and Rental Clerk positions relative to the national average. This suggests that the job market in Traverse City is somewhat more robust or specialized for this particular occupation compared to the rest of the country, potentially offering more opportunities or a slightly more competitive environment for these roles.
Nearby Job Markets
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Frequently Asked Questions
How much does a Counter and Rental Clerks make in Traverse City, MI?
The median annual salary for a Counter and Rental Clerks in Traverse City, MI is $42,860. This typically ranges from $27,000 for entry-level positions to $65,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 1.9% lower than the national median of $43,680.
Is Traverse City, MI a lucrative place for Counter and Rental Clerks?
Yes, it offers comparable earning potential to the national average.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The higher concentration of these roles suggests a stable local demand.
Is Traverse City, MI a good place to live for Counter and Rental Clerks?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
How does Traverse City's salary for Counter and Rental Clerks compare to the national average?
The average annual salary in Traverse City is $42,860, which is slightly lower than the national average of $43,680.
What is the Cost of Living in Traverse City, MI?
Traverse City's Cost of Living Index is 100, which is exactly the national average.
Is there high demand for Counter and Rental Clerks in Traverse City?
With a Location Quotient of 1.27, the concentration of these jobs is higher than the national average, indicating a relatively strong local demand.
How many Counter and Rental Clerks are there in Traverse City?
The total local workforce for Counter and Rental Clerks in Traverse City is approximately 220 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Traverse City, MI area with a job density of 3.294 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Counter and Rental Clerks • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI