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Average Retail Salespersons Salary in Florence, SC

Retail Salespersons in Florence, SC, can expect an average annual salary of $31,780. This figure is notably below the national average of $37,150, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. Understanding these local factors is key for anyone considering a career in retail sales within this South Carolina city.

Executive Summary

  • Average Salary: $31,780 per year.
  • Growth Trend: Salaries have shifted 27.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $43,040.
  • Outlook: Florence, SC, supports a local workforce of 2,750 Retail Salespersons, with a jobs-per-1,000-workers ratio of 30.626. The Location Quotient of 1.24 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not booming, job market for retail sales professionals in the area.
2024 Market Data

Salary Overview

$31,780

The average Retail Salespersons in Florence, SC earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$15.3

Weekly

$611

Monthly

$2,648

Retail Salespersons Salary Distribution in Florence, SC

Career progression for Retail Salespersons in Florence, SC, typically involves 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 skills can command salaries significantly higher than the average. The percentile gaps in earnings highlight clear opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$21,020$10.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$23,835$11.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$28,790$13.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$39,725$19.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$43,040$20.7

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$31,780

Gross Pay

Real Wage (Purchasing Power)

$31,780

Adjusted for COL (100)

The average annual salary of $31,780 in Florence, SC, 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 that income is comparable to the national standard, making the effective financial standing relatively stable.

Job Market Context

2,750

Total Jobs

30.626

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Florence, SC has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

With a Location Quotient of 1.24, Florence, SC, demonstrates a slightly higher concentration of Retail Salesperson jobs than the national average. This suggests that the demand for these roles is relatively robust within the local economy, potentially offering more opportunities than in areas with a lower quotient, though it doesn't necessarily indicate intense competition.

Nearby Job Markets

Nearby Cities for Retail Salespersons

CitySalaryDist.
Sumter, SC Retail Salespersons Salary$31,330↓ 1%38 mi
Myrtle Beach-Conway-North Myrtle Beach, SC Retail Salespersons Salary$31,810↑ 0%61 mi
Columbia, SC Retail Salespersons Salary$32,630↑ 3%64 mi
Northwestern South Carolina nonmetropolitan area Retail Salespersons Salary$31,710↓ 0%70 mi
Northeastern South Carolina nonmetropolitan area Retail Salespersons Salary$30,970↓ 3%70 mi

Comparing salaries near Florence, SC

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Florence, SC?

The median annual salary for a Retail Salespersons in Florence, SC is $31,780. This typically ranges from $21,020 for entry-level positions to $43,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florence, SC is 14.5% lower than the national median of $37,150.

Is Florence, SC a lucrative place for Retail Salespersons?

No, but the cost of living is average.The average salary of $31,780 is below the national average, indicating it's not a highly lucrative market. However, the cost of living matching the national average means your earnings have average purchasing power.

Is Florence, SC a good place to live for Retail Salespersons?

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

Where are the highest paying cities near Florence, SC?

Some top paying nearby cities include Sumter, SC ($31,330) and Myrtle Beach-Conway-North Myrtle Beach, SC.

How does Florence, SC compare to the national average salary for Retail Salespersons?

The average salary in Florence, SC, is $31,780, which is approximately $5,370 less than the national average of $37,150.

What is the job concentration for Retail Salespersons in Florence, SC?

Florence, SC has a Location Quotient of 1.24 for Retail Salespersons, indicating a slightly higher concentration of these jobs compared to the national average.

How does the cost of living in Florence, SC affect the salary?

Florence, SC has a Cost of Living Index of 100, which is the national average. This means the lower average salary of $31,780 has purchasing power equivalent to the national average.

What is the total number of Retail Salespersons in Florence, SC?

There are approximately 2,750 Retail Salespersons employed in Florence, SC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,750 employees in the Florence, SC area with a job density of 30.626 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Florence, SC