Average Retail Salespersons Salary in Fargo, ND-MN
Retail Salespersons in Fargo, ND-MN earn an average annual salary of $38,630, which is slightly above the national average of $37,150. This favorable compensation can be attributed to a combination of local market demand and the specific economic landscape of the Fargo-Moorhead metropolitan area, which influences wage structures for customer-facing roles.
Executive Summary
- Average Salary: $38,630 per year.
- Growth Trend: Salaries have shifted 19.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,050.
- Outlook: The Fargo, ND-MN area supports a robust job market for Retail Salespersons, with a total local workforce of 3,980 individuals in this role. The Location Quotient of 1.09 indicates a slightly higher concentration of these jobs compared to the national average, suggesting a stable and potentially growing demand within the region.
Salary Overview
The average Retail Salespersons in Fargo, ND-MN earns+4.0%above the national average.
$18.6
$743
$3,219
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for Fargo is not provided, it is reasonable to assume that salaries for Retail Salespersons in the region have seen consistent, modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased consumer spending, and the ongoing need for skilled sales professionals in a dynamic retail environment.
Retail Salespersons Salary Distribution in Fargo, ND-MN
Career progression for Retail Salespersons in Fargo, ND-MN typically involves significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior sales associates or those with specialized product knowledge can command salaries considerably higher than the average. The gap between entry-level and senior roles, often seen across different pay percentiles, signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,380 | $13.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $28,973 | $13.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $35,450 | $17 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $48,288 | $23.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $52,050 | $25 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$38,630
Gross Pay
Real Wage (Purchasing Power)
$38,630
Adjusted for COL (100)
With an average annual salary of $38,630 and a Cost of Living Index of 100, the nominal income for Retail Salespersons in Fargo, ND-MN aligns perfectly with the national average cost of living. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
3,980
Total Jobs
26.974
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Fargo, ND-MN has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
The Location Quotient of 1.09 for Retail Salespersons in Fargo, ND-MN suggests that the job market is slightly more concentrated than the national average. This indicates a healthy presence of these roles within the local economy, implying a competitive but accessible market for both employers seeking talent and individuals looking for employment in this sector.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Grand Forks, ND-MN Retail Salespersons Salary | $36,670↓ 5% | 74 mi |
Comparing salaries near Fargo, ND-MN
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Fargo, ND-MN?
The median annual salary for a Retail Salespersons in Fargo, ND-MN is $38,630. This typically ranges from $27,380 for entry-level positions to $52,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fargo, ND-MN is 4.0% higher than the national median of $37,150.
Is Fargo, ND-MN a lucrative place for Retail Salespersons?
Yes, it offers slightly above-average compensation.Retail Salespersons in Fargo earn $38,630 annually, exceeding the national average. Coupled with a cost of living at the national average, this makes the area financially stable for these professionals.
Is Fargo, ND-MN a good place to live for Retail Salespersons?
The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fargo, ND-MN?
Some top paying nearby cities include Grand Forks, ND-MN ($36,670) and others.
How does Fargo's cost of living compare to the national average for Retail Salespersons?
Fargo, ND-MN has a Cost of Living Index of 100, which is exactly the national average. This means that the $38,630 average salary for Retail Salespersons in Fargo offers purchasing power equivalent to the national average.
What is the concentration of Retail Salesperson jobs in Fargo, ND-MN?
The Location Quotient for Retail Salespersons in Fargo is 1.09, indicating a slightly higher concentration of these jobs compared to the national average. This suggests a robust local demand for retail sales talent.
How many Retail Salespersons are employed in Fargo, ND-MN?
There are approximately 3,980 Retail Salespersons employed in the Fargo, ND-MN area, representing a significant portion of the local workforce in this sector.
Does experience significantly impact a Retail Salesperson's salary in Fargo?
Yes, experience plays a crucial role in salary progression for Retail Salespersons in Fargo. As professionals gain more experience and potentially move into senior roles, their earning potential increases substantially beyond the entry-level wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,980 employees in the Fargo, ND-MN area with a job density of 26.974 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Retail Salespersons Salaries by State
Top Jobs in Fargo, ND-MN
- All Occupations Salary in Fargo, ND-MN
- Office and Administrative Support Occupations Salary in Fargo, ND-MN
- Transportation and Material Moving Occupations Salary in Fargo, ND-MN
- Food Preparation and Serving Related Occupations Salary in Fargo, ND-MN
- Healthcare Practitioners and Technical Occupations Salary in Fargo, ND-MN
- Sales and Related Occupations Salary in Fargo, ND-MN
- Management Occupations Salary in Fargo, ND-MN
- Production Occupations Salary in Fargo, ND-MN
- Business and Financial Operations Occupations Salary in Fargo, ND-MN
- Construction and Extraction Occupations Salary in Fargo, ND-MN
- Browse All Jobs in Fargo, ND-MN →
Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Fargo, ND-MN