Average Parts Salespersons Salary in Waco, TX
Parts Salespersons in Waco, TX, earn an average annual salary of $39,110. This figure is slightly below the national average of $42,390, indicating a localized compensation structure. Factors such as regional demand, the cost of doing business, and the overall economic landscape of Waco likely contribute to this difference.
Executive Summary
- Average Salary: $39,110 per year.
- Growth Trend: Salaries have shifted 9.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,520.
- Outlook: The Parts Salesperson job market in Waco, TX, shows a moderate level of concentration, with a Location Quotient of 1.29, suggesting a slightly higher presence of these roles compared to the national average. With a local workforce of 290 individuals in this profession, the demand appears stable, supported by 2.219 jobs per 1,000 workers.
Salary Overview
The average Parts Salespersons in Waco, TX earns-7.7%below the national average.
$18.8
$752
$3,259
Parts Salespersons Salary Trends (2020-2024)
While specific historical data for Waco's Parts Salesperson salaries over the past four years is not provided, it is reasonable to assume a general upward trend in compensation, mirroring national economic patterns. Salary growth in this sector is typically influenced by inflation, increased demand for automotive services, and the evolving complexity of vehicle parts.
Parts Salespersons Salary Distribution in Waco, TX
Career progression for Parts Salespersons in Waco, TX, is typically marked by increasing earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while experienced professionals with specialized knowledge and strong sales records can command significantly higher salaries, reflecting the value of their expertise and client relationships.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,860 | $11.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $29,333 | $14.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,580 | $17.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $48,888 | $23.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $60,520 | $29.1 |
Detailed Parts Salespersons Market Analysis
Relocation Context
Nominal Salary
$39,110
Gross Pay
Real Wage (Purchasing Power)
$39,110
Adjusted for COL (100)
The average annual salary of $39,110 in Waco, TX, 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 Waco is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
290
Total Jobs
2.219
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Waco, TX has a slightly higher-than-average concentration of Parts Salespersons roles compared to the national norm.
With a Location Quotient of 1.29, Waco, TX, exhibits a slightly higher concentration of Parts Salesperson roles than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market for these professionals, indicating a steady demand that supports the existing workforce size.
Nearby Job Markets
Nearby Cities for Parts Salespersons
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Parts Salespersons Salary | $36,880↓ 6% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Parts Salespersons Salary | $37,550↓ 4% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Parts Salespersons Salary | $40,030↑ 2% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Parts Salespersons Salary | $35,870↓ 8% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Parts Salespersons Salary | $36,530↓ 7% | 41 mi |
Comparing salaries near Waco, TX
Hiring Parts Salespersonss?
Frequently Asked Questions
How much does a Parts Salespersons make in Waco, TX?
The median annual salary for a Parts Salespersons in Waco, TX is $39,110. This typically ranges from $23,860 for entry-level positions to $60,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 7.7% lower than the national median of $42,390.
Is Waco, TX a lucrative place for Parts Salespersons?
No, it is not significantly more lucrative than the national average.The average salary of $39,110 is below the national average of $42,390, though the cost of living is on par with the national average.
Is Waco, TX a good place to live for Parts Salespersons?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($36,880) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Parts Salesperson salary compare to the national average?
The average annual salary for Parts Salespersons in Waco, TX, is $39,110, which is approximately 7.7% lower than the national average of $42,390.
What is the concentration of Parts Salespersons in Waco, TX?
Waco, TX has a Location Quotient of 1.29 for Parts Salespersons, indicating that the profession is 29% more concentrated in Waco than the national average.
How does the cost of living in Waco affect salary perception?
Waco's Cost of Living Index is 100, matching the national average. Therefore, the slightly lower salary of $39,110 has a purchasing power equivalent to the national average salary.
What is the total number of Parts Salespersons in Waco, TX?
There are approximately 290 Parts Salespersons employed in Waco, TX, representing 2.219 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Waco, TX area with a job density of 2.219 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 Waco, TX