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Average Retail Salespersons Salary in Capital/Northern New York nonmetropolitan area

Retail Salespersons in the Capital/Northern New York nonmetropolitan area earn an average annual salary of $38,900. This figure slightly surpasses the national average of $37,150, indicating a localized demand that influences compensation. The specific economic drivers and market dynamics of this region contribute to this favorable pay.

Executive Summary

  • Average Salary: $38,900 per year.
  • Growth Trend: Salaries have shifted 22.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,200.
  • Outlook: With a local workforce of 4,110 Retail Salespersons, the Capital/Northern New York nonmetropolitan area demonstrates a significant presence in this sector. The Location Quotient of 1.19 suggests that this occupation is more concentrated here than the national average, pointing towards a robust and potentially growing job market for these professionals.
2024 Market Data

Salary Overview

$38,900

The average Retail Salespersons in Capital/Northern New York nonmetropolitan area earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$18.7

Weekly

$748

Monthly

$3,242

Retail Salespersons Salary Distribution in Capital/Northern New York nonmetropolitan area

Career progression for Retail Salespersons typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or specialized sales roles command higher compensation. The percentile gaps in salary distribution within this region signify clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,200$15
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$29,175$14
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$34,770$16.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$48,625$23.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$48,200$23.2

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$38,900

Gross Pay

Real Wage (Purchasing Power)

$38,900

Adjusted for COL (100)

The average annual salary of $38,900 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Retail Salesperson's salary in this region is equivalent to the national standard, offering a stable financial footing for residents.

Job Market Context

4,110

Total Jobs

29.246

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, Capital/Northern New York nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.19 indicates that Retail Salespersons are 19% more concentrated in the Capital/Northern New York nonmetropolitan area compared to the national average. This suggests a healthy demand for these roles and potentially less competition for qualified individuals, making it a favorable market for job seekers in this field.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Capital/Northern New York nonmetropolitan area

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Capital/Northern New York nonmetropolitan area?

The median annual salary for a Retail Salespersons in Capital/Northern New York nonmetropolitan area is $38,900. This typically ranges from $31,200 for entry-level positions to $48,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Capital/Northern New York nonmetropolitan area is 4.7% higher than the national median of $37,150.

Is Capital/Northern New York nonmetropolitan area a lucrative place for Retail Salespersons?

Yes, it offers slightly above-average compensation.Retail Salespersons in this area earn $38,900 annually, exceeding the national average. Combined with a cost of living at the national average, this makes it a financially stable location.

Is Capital/Northern New York nonmetropolitan area a good place to live for Retail Salespersons?

The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?

Some top paying nearby cities include Binghamton, NY ($39,020) and Kingston, NY.

How does the local salary compare to the national average?

The average annual salary for Retail Salespersons in the Capital/Northern New York nonmetropolitan area is $38,900, which is higher than the national average of $37,150.

What is the concentration of Retail Salespersons in this area?

The Location Quotient is 1.19, meaning Retail Salespersons are 19% more concentrated in this region than the national average, indicating strong local demand.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the $38,900 salary has the same purchasing power as the national average, offering a balanced financial environment.

How many Retail Salespersons work in this area?

There are approximately 4,110 Retail Salespersons employed in the Capital/Northern New York nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,110 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 29.246 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.