SalaryNode

Average Retail Salespersons Salary in Central Kentucky nonmetropolitan area

In the Central Kentucky nonmetropolitan area, Retail Salespersons earn an average annual salary of $32,030. This figure is notably below the national average of $37,150, reflecting the economic landscape and specific market dynamics of this region. Factors such as local demand, cost of doing business, and the overall economic structure of nonmetropolitan areas often contribute to these salary differentials.

Executive Summary

  • Average Salary: $32,030 per year.
  • Growth Trend: Salaries have shifted 18.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $41,970.
  • Outlook: The job market for Retail Salespersons in Central Kentucky's nonmetropolitan area appears stable, with a total local workforce of 3,730 individuals. The Location Quotient of 0.87 suggests that while the concentration of these roles is slightly below the national average, there is still a consistent presence and demand for these positions within the local economy.
2024 Market Data

Salary Overview

$32,030

The average Retail Salespersons in Central Kentucky nonmetropolitan area earns-13.8%below the national average.

BreakdownBased on 40h/week
Hourly

$15.4

Weekly

$616

Monthly

$2,669

Retail Salespersons Salary Distribution in Central Kentucky nonmetropolitan area

Career progression for Retail Salespersons typically involves a salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior or specialized sales roles can command significantly higher earnings. The percentile gaps in salary distribution, though not detailed here, would typically signify the earning potential as one moves from junior to more experienced and potentially supervisory capacities.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$20,800$10
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$24,023$11.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$28,330$13.6
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$40,038$19.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$41,970$20.2

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$32,030

Gross Pay

Real Wage (Purchasing Power)

$32,030

Adjusted for COL (100)

The average annual salary of $32,030 in Central Kentucky's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the cost of living a neutral factor in assessing the real value of the salary.

Job Market Context

3,730

Total Jobs

21.558

Per 1K Jobs

0.87

Location Quotient

Below Average

Central Kentucky nonmetropolitan area has 0.87x the national average concentration of Retail Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.87, the Central Kentucky nonmetropolitan area has a slightly lower concentration of Retail Salespersons compared to the national average. This indicates that while the profession is present and necessary, it is not disproportionately represented, suggesting a balanced job market that is neither overly saturated nor exceptionally scarce for these roles.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Central Kentucky nonmetropolitan area?

The median annual salary for a Retail Salespersons in Central Kentucky nonmetropolitan area is $32,030. This typically ranges from $20,800 for entry-level positions to $41,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 13.8% lower than the national median of $37,150.

Is Central Kentucky nonmetropolitan area a lucrative place for Retail Salespersons?

No, it is not considered a lucrative place for Retail Salespersons.The average salary of $32,030 is significantly lower than the national average, and while the cost of living is average, the overall compensation is not competitive on a national scale.

Is Central Kentucky nonmetropolitan area a good place to live for Retail Salespersons?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($34,130) and Elizabethtown, KY.

How does the number of jobs per 1,000 workers compare nationally?

With 21.558 jobs per 1,000 workers, Central Kentucky's nonmetropolitan area has a slightly lower density of Retail Salesperson roles compared to the national average, which would be approximately 24.78 jobs per 1,000 workers (based on a LQ of 0.87).

What is the significance of the Location Quotient (LQ) for this role?

An LQ of 0.87 means that Retail Salespersons are slightly less concentrated in this region than the national average. This suggests a stable but not booming job market for this profession.

Does the cost of living impact the perceived salary?

Yes, the cost of living index of 100 indicates that the local cost of living is exactly at the national average. Therefore, the lower nominal salary of $32,030 translates to average purchasing power locally.

How many Retail Salespersons are employed in this region?

There are approximately 3,730 Retail Salespersons employed in the Central Kentucky 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 3,730 employees in the Central Kentucky nonmetropolitan area area with a job density of 21.558 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.