Average Parts Salespersons Salary in Lexington-Fayette, KY
Parts Salespersons in Lexington-Fayette, KY, earn an average annual salary of $40,820. This figure is slightly below the national average of $42,390, suggesting localized market dynamics and potentially a different demand-supply equilibrium in the region. The specific economic conditions and industry concentration within Lexington-Fayette contribute to this pay scale.
Executive Summary
- Average Salary: $40,820 per year.
- Growth Trend: Salaries have shifted 10.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,120.
- Outlook: With a total local workforce of 390 Parts Salespersons, Lexington-Fayette, KY, presents a stable, albeit not exceptionally concentrated, job market for this role. The Location Quotient of 0.81 indicates that the concentration of these jobs is slightly below the national average, suggesting a moderate level of demand relative to other occupations in the area.
Salary Overview
The average Parts Salespersons in Lexington-Fayette, KY earns-3.7%below the national average.
$19.6
$785
$3,402
Parts Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the salary for Parts Salespersons in Lexington-Fayette, KY, has seen incremental growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typical for roles tied to the automotive and industrial sectors, reflecting an increasing demand for skilled professionals.
Parts Salespersons Salary Distribution in Lexington-Fayette, KY
Career progression for Parts Salespersons in Lexington-Fayette, KY, typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive product knowledge and sales expertise can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps highlight the value of accumulated experience and specialized skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $24,680 | $11.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,615 | $14.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,380 | $17 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $51,025 | $24.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $59,120 | $28.4 |
Detailed Parts Salespersons Market Analysis
Relocation Context
Nominal Salary
$40,820
Gross Pay
Real Wage (Purchasing Power)
$40,820
Adjusted for COL (100)
The average annual salary of $40,820 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Parts Salesperson's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
390
Total Jobs
1.385
Per 1K Jobs
0.81
Location Quotient
Lexington-Fayette, KY has 0.81x the national average concentration of Parts Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.81 for Parts Salespersons in Lexington-Fayette, KY, signifies that the occupation is slightly less concentrated than the national average. This suggests that while the job market is present and functional, it may not be a primary hub for this specific profession, indicating a competitive environment where opportunities might be more specialized or require specific skill sets.
Nearby Job Markets
Nearby Cities for Parts Salespersons
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Parts Salespersons Salary | $33,740↓ 17% | 28 mi |
| South Central Kentucky nonmetropolitan area Parts Salespersons Salary | $35,480↓ 13% | 28 mi |
| West Kentucky nonmetropolitan area Parts Salespersons Salary | $35,640↓ 13% | 28 mi |
| East Kentucky nonmetropolitan area Parts Salespersons Salary | $32,280↓ 21% | 28 mi |
| Louisville/Jefferson County, KY-IN Parts Salespersons Salary | $39,940↓ 2% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Parts Salespersonss?
Frequently Asked Questions
How much does a Parts Salespersons make in Lexington-Fayette, KY?
The median annual salary for a Parts Salespersons in Lexington-Fayette, KY is $40,820. This typically ranges from $24,680 for entry-level positions to $59,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 3.7% lower than the national median of $42,390.
Is Lexington-Fayette, KY a lucrative place for Parts Salespersons?
No, not exceptionally lucrative compared to the national average.The average salary of $40,820 is slightly below the national average, and the job concentration is also below the national benchmark. However, the cost of living matches the national average, making the salary's purchasing power equitable.
Is Lexington-Fayette, KY a good place to live for Parts Salespersons?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($33,740) and South Central Kentucky nonmetropolitan area.
How does the Parts Salesperson salary in Lexington-Fayette, KY compare to the national average?
The average annual salary for Parts Salespersons in Lexington-Fayette, KY is $40,820, which is slightly lower than the national average of $42,390.
What is the job market like for Parts Salespersons in Lexington-Fayette, KY?
The local workforce consists of 390 Parts Salespersons, with a Location Quotient of 0.81, indicating a slightly lower concentration of these jobs compared to the national average.
Does the cost of living affect the perceived value of a Parts Salesperson salary in Lexington-Fayette, KY?
No, the local Cost of Living Index is 100, matching the national average. This means the $40,820 salary has purchasing power equivalent to the national standard.
How many Parts Salesperson jobs are there per 1,000 workers in Lexington-Fayette, KY?
There are approximately 1.385 Parts Salesperson jobs per 1,000 workers in Lexington-Fayette, KY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Lexington-Fayette, KY area with a job density of 1.385 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Parts Salespersons • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY