SalaryNode

Average Retail Salespersons Salary in Fayetteville, NC

Retail Salespersons in Fayetteville, NC earn an average annual salary of $31,440. This figure is notably below the national average of $37,150, suggesting that local economic factors and market dynamics play a significant role in compensation within this sector. The specific pay rates in Fayetteville are influenced by a combination of regional demand for retail services and the overall economic landscape of the area.

Executive Summary

  • Average Salary: $31,440 per year.
  • Growth Trend: Salaries have shifted 17.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,430.
  • Outlook: Fayetteville, NC presents a robust employment environment for Retail Salespersons, evidenced by a substantial local workforce of 4,220 individuals. The Location Quotient of 1.29 indicates a concentration of these roles that is 29% higher than the national average, signaling strong local demand and a potentially competitive job market where these professionals are highly valued.
2024 Market Data

Salary Overview

$31,440

The average Retail Salespersons in Fayetteville, NC earns-15.4%below the national average.

BreakdownBased on 40h/week
Hourly

$15.1

Weekly

$605

Monthly

$2,620

Retail Salespersons Salary Distribution in Fayetteville, NC

The salary spectrum for Retail Salespersons in Fayetteville, NC, demonstrates a clear progression tied to experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive sales experience and specialized skills can command salaries in the higher percentiles. These percentile gaps are indicative of significant career progression opportunities, rewarding accumulated expertise and demonstrated sales acumen.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$21,880$10.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$23,580$11.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$28,820$13.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$39,300$18.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$43,430$20.9

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$31,440

Gross Pay

Real Wage (Purchasing Power)

$31,440

Adjusted for COL (100)

For individuals considering a move to Fayetteville, NC, the nominal average salary of $31,440 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Retail Salesperson's salary in Fayetteville is equivalent to the national standard, offering a stable financial baseline without the immediate pressure of higher or lower living expenses.

Job Market Context

4,220

Total Jobs

31.772

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Fayetteville, NC has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

With a Location Quotient of 1.29, Fayetteville, NC, exhibits a market where Retail Salesperson roles are more concentrated than the national average. This suggests a healthy demand for these professionals, potentially leading to more job openings and a slightly more favorable environment for job seekers compared to areas with lower quotients. However, this concentration also implies a competitive landscape where employers may have a wider pool of candidates to choose from.

Nearby Job Markets

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Fayetteville, NC?

The median annual salary for a Retail Salespersons in Fayetteville, NC is $31,440. This typically ranges from $21,880 for entry-level positions to $43,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fayetteville, NC is 15.4% lower than the national median of $37,150.

Is Fayetteville, NC a lucrative place for Retail Salespersons?

No, not significantly more lucrative than the national average.While the cost of living is average, the average salary of $31,440 is below the national average of $37,150. The higher concentration of jobs (LQ 1.29) indicates demand but doesn't necessarily translate to higher pay.

Is Fayetteville, NC a good place to live for Retail Salespersons?

The Cost of Living Index in Fayetteville, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fayetteville, NC?

Some top paying nearby cities include Pinehurst-Southern Pines, NC ($31,610) and Raleigh-Cary, NC.

How does Fayetteville's Retail Salesperson salary compare to the national average?

The average annual salary for Retail Salespersons in Fayetteville, NC, is $31,440, which is lower than the national average of $37,150.

What is the job concentration for Retail Salespersons in Fayetteville, NC?

Fayetteville has a Location Quotient of 1.29 for Retail Salespersons, meaning the concentration of these jobs is 29% higher than the national average.

How does the cost of living in Fayetteville affect salary perception?

Fayetteville's cost of living is at the national average (index of 100), so the average salary of $31,440 provides purchasing power equivalent to the national average, despite being lower in nominal terms.

What does the total local workforce number indicate for Retail Salespersons in Fayetteville?

A total local workforce of 4,220 Retail Salespersons suggests a substantial presence of this profession within Fayetteville, contributing to the overall economic activity and job availability in the retail sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,220 employees in the Fayetteville, NC area with a job density of 31.772 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.