Average Retail Salespersons Salary in Monroe, LA
Retail Salespersons in Monroe, LA earn an average annual salary of $29,860. This figure is notably below the national average of $37,150, suggesting that local market dynamics and potentially lower regional demand influence compensation. Factors specific to the Monroe economy likely contribute to this pay differential compared to broader national trends.
Executive Summary
- Average Salary: $29,860 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $43,340.
- Outlook: With a total local workforce of 2,440 Retail Salespersons, Monroe, LA demonstrates a significant presence in this sector. The Location Quotient of 1.13 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for retail sales talent within the region.
Salary Overview
The average Retail Salespersons in Monroe, LA earns-19.6%below the national average.
$14.4
$574
$2,488
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for Monroe is not provided, it's reasonable to assume that, mirroring national trends, Retail Salesperson salaries in the area have experienced gradual growth over the past four years. This growth is typically driven by inflation, increased demand for skilled sales professionals, and evolving retail strategies.
Retail Salespersons Salary Distribution in Monroe, LA
Career progression for Retail Salespersons in Monroe, LA, typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While exact percentile gaps aren't detailed, the difference between starting wages and those for experienced or specialized sales roles often signifies substantial career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $20,070 | $9.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $22,395 | $10.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $26,910 | $12.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $37,325 | $17.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $43,340 | $20.8 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$29,860
Gross Pay
Real Wage (Purchasing Power)
$29,860
Adjusted for COL (100)
The average annual salary of $29,860 in Monroe, 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 equivalent to the national standard, making the effective financial standing comparable.
Job Market Context
2,440
Total Jobs
27.973
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Monroe, LA has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
Monroe, LA's Location Quotient of 1.13 for Retail Salespersons suggests a market that is slightly more concentrated than the national average. This indicates a healthy, established presence of retail sales jobs, implying a competitive but accessible job market for individuals seeking employment in this field within the city.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Retail Salespersons Salary | $29,040↓ 3% | 88 mi |
| Southwest Louisiana nonmetropolitan area Retail Salespersons Salary | $30,400↑ 2% | 94 mi |
| Central Louisiana nonmetropolitan area Retail Salespersons Salary | $28,150↓ 6% | 94 mi |
| Northeast Louisiana nonmetropolitan area Retail Salespersons Salary | $28,210↓ 6% | 94 mi |
Comparing salaries near Monroe, LA
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Frequently Asked Questions
How much does a Retail Salespersons make in Monroe, LA?
The median annual salary for a Retail Salespersons in Monroe, LA is $29,860. This typically ranges from $20,070 for entry-level positions to $43,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 19.6% lower than the national median of $37,150.
Is Monroe, LA a lucrative place for Retail Salespersons?
No, not exceptionally lucrative compared to the national average.The average salary of $29,860 is below the national average, though the cost of living is on par. This indicates that while your money may go as far, the overall earning potential is less than in many other areas.
Is Monroe, LA a good place to live for Retail Salespersons?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($29,040) and Southwest Louisiana nonmetropolitan area.
How does Monroe's Retail Salesperson salary compare to the national average?
The average annual salary for Retail Salespersons in Monroe, LA is $29,860, which is significantly lower than the national average of $37,150.
What is the Cost of Living in Monroe, LA?
Monroe, LA has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.
How concentrated are Retail Salesperson jobs in Monroe, LA?
Monroe, LA has a Location Quotient of 1.13 for Retail Salespersons, indicating a slightly higher concentration of these jobs compared to the national average.
How many Retail Salespersons are there in Monroe, LA?
There are approximately 2,440 Retail Salespersons employed in Monroe, LA, representing about 27.973 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,440 employees in the Monroe, LA area with a job density of 27.973 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Monroe, LA