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Average Retail Salespersons Salary in Laredo, TX

Retail Salespersons in Laredo, TX, earn an average annual salary of $28,440. This figure is notably below the national average of $37,150, suggesting that local market dynamics, such as demand and the overall economic landscape, play a significant role in compensation within this sector in Laredo.

Executive Summary

  • Average Salary: $28,440 per year.
  • Growth Trend: Salaries have shifted 7.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $37,860.
  • Outlook: With a local workforce of 3,130 Retail Salespersons and a Location Quotient of 1.2, Laredo exhibits a slightly higher concentration of these roles compared to the national average. This indicates a stable, and perhaps growing, demand for retail sales talent within the city, suggesting a robust job market for those in this profession.
2024 Market Data

Salary Overview

$28,440

The average Retail Salespersons in Laredo, TX earns-23.4%below the national average.

BreakdownBased on 40h/week
Hourly

$13.7

Weekly

$547

Monthly

$2,370

Retail Salespersons Salary Distribution in Laredo, TX

The salary range for Retail Salespersons in Laredo, TX, naturally expands with experience. Entry-level positions typically fall at the lower end of the pay scale, while senior sales roles, requiring extensive product knowledge and customer relationship management skills, command significantly higher compensation. The percentile gaps in earnings clearly signify opportunities for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$18,760$9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$21,330$10.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$26,310$12.6
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$35,550$17.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$37,860$18.2

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$28,440

Gross Pay

Real Wage (Purchasing Power)

$28,440

Adjusted for COL (100)

The average annual salary of $28,440 in Laredo, TX, 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 this income in Laredo is equivalent to the national average, offering a balanced financial outlook for residents.

Job Market Context

3,130

Total Jobs

29.466

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, Laredo, TX has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.2 for Retail Salespersons in Laredo signifies that the job market here is 20% more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment for these roles, indicating that employers are actively seeking and employing a larger proportion of retail sales professionals relative to other occupations.

Nearby Job Markets

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Laredo, TX?

The median annual salary for a Retail Salespersons in Laredo, TX is $28,440. This typically ranges from $18,760 for entry-level positions to $37,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Laredo, TX is 23.4% lower than the national median of $37,150.

Is Laredo, TX a lucrative place for Retail Salespersons?

No, not exceptionally lucrative compared to the national average.The average salary of $28,440 is below the national average, though the cost of living is on par, offering equivalent purchasing power.

Is Laredo, TX a good place to live for Retail Salespersons?

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

What is the average salary for a Retail Salesperson in Laredo, TX?

The average annual salary for a Retail Salesperson in Laredo, TX is $28,440.

How does Laredo's cost of living compare to the national average?

Laredo's cost of living index is 100, which is exactly the national average.

Is there high demand for Retail Salespersons in Laredo?

With a Location Quotient of 1.2, Laredo has a slightly higher concentration of Retail Salespersons than the national average, indicating a stable demand.

How much more concentrated are Retail Salesperson jobs in Laredo compared to the national average?

Retail Salesperson jobs are 20% more concentrated in Laredo, TX, as indicated by a Location Quotient of 1.2.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,130 employees in the Laredo, TX area with a job density of 29.466 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 Laredo, TX