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Average Retail Salespersons Salary in Grand Island, NE

In Grand Island, NE, Retail Salespersons earn an average annual salary of $34,530. This figure is slightly below the national average of $37,150, a common occurrence in areas where local economic factors and cost of living influence compensation structures. The specific pay rates in Grand Island are shaped by the regional demand for retail services and the overall economic landscape of Nebraska.

Executive Summary

  • Average Salary: $34,530 per year.
  • Growth Trend: Salaries have shifted 10.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,980.
  • Outlook: Grand Island supports a substantial local workforce of 1,050 Retail Salespersons, indicating a stable presence in the job market. With a Location Quotient of 1.08, the concentration of these roles is slightly higher than the national average, suggesting a steady demand and a robust employment environment for individuals in this profession within the city.
2024 Market Data

Salary Overview

$34,530

The average Retail Salespersons in Grand Island, NE earns-7.1%below the national average.

BreakdownBased on 40h/week
Hourly

$16.6

Weekly

$664

Monthly

$2,878

Retail Salespersons Salary Distribution in Grand Island, NE

Salary progression for Retail Salespersons in Grand Island, like elsewhere, is typically tied to experience and performance. Entry-level positions may start closer to the lower end of the pay scale, while senior sales associates or those with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings highlight clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$25,530$12.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$25,898$12.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$30,120$14.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$43,163$20.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$44,980$21.6

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$34,530

Gross Pay

Real Wage (Purchasing Power)

$34,530

Adjusted for COL (100)

The average annual salary of $34,530 in Grand Island aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the purchasing power of a Retail Salesperson's salary in Grand Island is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

1,050

Total Jobs

26.539

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Grand Island, NE has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.08 for Retail Salespersons in Grand Island signifies a slightly higher concentration of these jobs compared to the national average. This suggests that the retail sector is a notable component of the local economy, potentially offering more opportunities and a competitive job market for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Grand Island, NE

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Grand Island, NE?

The median annual salary for a Retail Salespersons in Grand Island, NE is $34,530. This typically ranges from $25,530 for entry-level positions to $44,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Grand Island, NE is 7.1% lower than the national median of $37,150.

Is Grand Island, NE a lucrative place for Retail Salespersons?

No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average salary of $34,530 is below the national average of $37,150, indicating less lucrative earning potential in nominal terms.

Is Grand Island, NE a good place to live for Retail Salespersons?

The Cost of Living Index in Grand Island, NE is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Grand Island, NE?

Some top paying nearby cities include South Nebraska nonmetropolitan area ($34,380) and Northeast Nebraska nonmetropolitan area.

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

The average annual salary for Retail Salespersons in Grand Island, NE is $34,530, which is slightly lower than the national average of $37,150.

What is the Cost of Living in Grand Island, NE?

Grand Island, NE has a Cost of Living Index of 100, which is exactly the same as the national average, meaning the cost of goods and services is comparable nationwide.

How concentrated are Retail Salesperson jobs in Grand Island?

Grand Island has a Location Quotient of 1.08 for Retail Salespersons, indicating a slightly higher concentration of these jobs compared to the national average.

What is the total number of Retail Salespersons in Grand Island?

There are approximately 1,050 Retail Salespersons employed in Grand Island, NE.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the Grand Island, NE area with a job density of 26.539 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.