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Average Retail Salespersons Salary in New Hampshire

Retail Salespersons in New Hampshire earn an average annual salary of $38,910, surpassing the national average of $37,150. This higher compensation is often attributed to New Hampshire's distinct economic landscape and potentially higher operational costs for businesses within the state.

Executive Summary

  • Average Salary: $38,910 per year.
  • Growth Trend: Salaries have shifted 23.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,730.
  • Outlook: With a substantial local workforce of 20,460 Retail Salespersons and a Location Quotient of 1.22, New Hampshire demonstrates a notable concentration of these roles compared to the national average. This suggests a robust and stable job market for retail sales professionals, indicating consistent demand and a healthy ecosystem for employment in this sector.
2024 Market Data

Salary Overview

$38,910

The average Retail Salespersons in New Hampshire earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$18.7

Weekly

$748

Monthly

$3,243

Retail Salespersons Salary Distribution in New Hampshire

Career progression for Retail Salespersons in New Hampshire typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and specialized skills can command significantly higher salaries, reflecting the percentile gaps in compensation that signify career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$28,030$13.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$29,183$14
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$35,440$17
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$48,638$23.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$49,730$23.9

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$38,910

Gross Pay

Real Wage (Purchasing Power)

$33,659

Adjusted for COL (115.6)

The average annual salary of $38,910 in New Hampshire needs to be viewed in the context of its Cost of Living Index of 115.6. This index is 15.6% higher than the national average, meaning that while the nominal salary is above the national average, the purchasing power of that salary is somewhat diminished by the higher cost of goods and services in the state.

Job Market Context

20,460

Total Jobs

29.951

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, New Hampshire has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.22 indicates that Retail Salesperson roles are 22% more concentrated in New Hampshire than the national average. This suggests a competitive job market where employers may need to offer attractive compensation and benefits to secure qualified candidates, while also presenting more opportunities for job seekers within the state.

Nearby Job Markets

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in New Hampshire?

The median annual salary for a Retail Salespersons in New Hampshire is $38,910. This typically ranges from $28,030 for entry-level positions to $49,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Hampshire is 4.7% higher than the national median of $37,150.

Is New Hampshire a lucrative place for Retail Salespersons?

Yes, with caveats.New Hampshire offers a higher average salary than the national average for Retail Salespersons. However, the elevated cost of living means that the real purchasing power may be less than the nominal difference suggests.

Is New Hampshire a good place to live for Retail Salespersons?

The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Hampshire?

Some top paying nearby cities include Manchester-Nashua, NH ($38,100) and Portland-South Portland, ME.

How many Retail Salespersons are there in New Hampshire?

New Hampshire employs approximately 20,460 Retail Salespersons, which is a significant portion of the state's workforce relative to the national concentration.

What does a Location Quotient of 1.22 mean for Retail Salespersons in NH?

A Location Quotient of 1.22 signifies that Retail Salesperson jobs are more prevalent in New Hampshire compared to the national average, indicating a stronger local demand for these roles.

How does the cost of living in New Hampshire affect a Retail Salesperson's salary?

With a Cost of Living Index of 115.6, New Hampshire is more expensive than the national average. This means that the $38,910 salary may not stretch as far as it would in a lower cost-of-living area.

Can experience increase a Retail Salesperson's salary in New Hampshire?

Yes, typically, more experienced Retail Salespersons in New Hampshire can expect to earn higher salaries than entry-level workers, reflecting a standard career progression in the sales field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 20,460 employees in the New Hampshire area with a job density of 29.951 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.