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Average Retail Salespersons Salary in Lafayette, LA

Retail Salespersons in Lafayette, LA earn an average annual salary of $30,410, which is below the national average of $37,150. This disparity is often influenced by regional economic factors, local demand for retail services, and the overall cost of doing business within the Lafayette metropolitan area.

Executive Summary

  • Average Salary: $30,410 per year.
  • Growth Trend: Salaries have shifted 10.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $40,440.
  • Outlook: With a total local workforce of 5,360 Retail Salespersons, Lafayette demonstrates a significant presence in this sector. The Location Quotient of 1.24 indicates that this profession is more concentrated in Lafayette than the national average, suggesting a robust demand and a potentially stable job market for skilled individuals in this field.
2024 Market Data

Salary Overview

$30,410

The average Retail Salespersons in Lafayette, LA earns-18.1%below the national average.

BreakdownBased on 40h/week
Hourly

$14.6

Weekly

$585

Monthly

$2,534

Retail Salespersons Salary Distribution in Lafayette, LA

Career progression for Retail Salespersons in Lafayette, LA, typically involves moving from entry-level positions to more senior roles, which are compensated at higher salary percentiles. The gap between starting salaries and those earned by experienced professionals signifies opportunities for advancement and increased earning potential through skill development and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$21,010$10.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$22,808$11
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$27,510$13.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$38,013$18.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$40,440$19.4

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$30,410

Gross Pay

Real Wage (Purchasing Power)

$30,410

Adjusted for COL (100)

The average annual salary of $30,410 in Lafayette, LA, aligns precisely 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 comparable to other regions across the United States, offering a stable financial footing for residents.

Job Market Context

5,360

Total Jobs

30.544

Per 1K Jobs

1.24

Location Quotient

Above Average

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

Lafayette, LA, boasts a Location Quotient of 1.24 for Retail Salespersons, signifying a higher concentration of these jobs compared to the national average. This suggests a competitive yet abundant job market where employers may actively seek qualified candidates, potentially leading to more opportunities but also requiring individuals to stand out.

Nearby Job Markets

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Lafayette, LA?

The median annual salary for a Retail Salespersons in Lafayette, LA is $30,410. This typically ranges from $21,010 for entry-level positions to $40,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette, LA is 18.1% lower than the national median of $37,150.

Is Lafayette, LA a lucrative place for Retail Salespersons?

No, not exceptionally lucrative compared to the national average.The average salary of $30,410 is notably lower than the national average of $37,150. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is Lafayette, LA a good place to live for Retail Salespersons?

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

Where are the highest paying cities near Lafayette, LA?

Some top paying nearby cities include Baton Rouge, LA ($33,120) and Southwest Louisiana nonmetropolitan area.

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

With 30.544 jobs per 1,000 workers, Lafayette shows a slightly higher density of Retail Salesperson roles than the national average, reinforcing the indication of a concentrated market.

What is the significance of the Location Quotient for Retail Salespersons in Lafayette?

A Location Quotient of 1.24 indicates that Retail Salesperson roles are 24% more concentrated in Lafayette than the national average, suggesting a stronger local industry presence.

How does the cost of living in Lafayette affect the salary?

With a Cost of Living Index of 100, Lafayette's cost of living is exactly at the national average. This means the $30,410 salary has standard purchasing power, neither significantly enhanced nor diminished by local expenses.

What does the total local workforce size imply for job seekers?

A total local workforce of 5,360 Retail Salespersons suggests a substantial pool of professionals, indicating both opportunities and potential competition within the Lafayette job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,360 employees in the Lafayette, LA area with a job density of 30.544 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.