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Average Retail Salespersons Salary in Owensboro, KY

Retail Salespersons in Owensboro, KY, earn an average annual salary of $32,620. This figure is notably below the national average of $37,150, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. Understanding these localized pay scales is crucial for career planning in the retail sector.

Executive Summary

  • Average Salary: $32,620 per year.
  • Growth Trend: Salaries have shifted 23.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $45,100.
  • Outlook: Owensboro, KY, supports a substantial local workforce of 1,510 Retail Salespersons. With a Location Quotient of 1.27, the concentration of these roles in Owensboro is 27% higher than the national average, indicating a relatively robust and established market for retail sales talent within the region.
2024 Market Data

Salary Overview

$32,620

The average Retail Salespersons in Owensboro, KY earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$15.7

Weekly

$627

Monthly

$2,718

Retail Salespersons Salary Distribution in Owensboro, KY

The salary trajectory for Retail Salespersons in Owensboro, KY, typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with proven sales records and leadership skills can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$21,340$10.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$24,465$11.8
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$29,010$13.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$40,775$19.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$45,100$21.7

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$32,620

Gross Pay

Real Wage (Purchasing Power)

$32,620

Adjusted for COL (100)

The average annual salary of $32,620 in Owensboro, KY, 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, its purchasing power locally is equivalent to the national average, suggesting a balanced economic environment for residents.

Job Market Context

1,510

Total Jobs

31.219

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Owensboro, KY has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

Owensboro, KY, exhibits a healthy concentration of Retail Salespersons, as evidenced by a Location Quotient of 1.27. This suggests that the demand for retail sales talent in Owensboro is slightly above the national average, implying a competitive yet accessible job market for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Owensboro, KY

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Owensboro, KY?

The median annual salary for a Retail Salespersons in Owensboro, KY is $32,620. This typically ranges from $21,340 for entry-level positions to $45,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Owensboro, KY is 12.2% lower than the national median of $37,150.

Is Owensboro, KY a lucrative place for Retail Salespersons?

No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $32,620 is below the national average of $37,150, indicating less lucrative earning potential in this specific role.

Is Owensboro, KY a good place to live for Retail Salespersons?

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

Where are the highest paying cities near Owensboro, KY?

Some top paying nearby cities include Evansville, IN ($33,440) and Bowling Green, KY.

How does the Owensboro retail job market compare nationally?

Owensboro has a slightly higher concentration of retail sales jobs than the national average, with a Location Quotient of 1.27, suggesting a solid local demand.

What is the cost of living in Owensboro, KY?

The cost of living in Owensboro, KY, is exactly at the national average, indicated by a Cost of Living Index of 100.

Can experience increase a Retail Salesperson's salary in Owensboro?

Yes, experience is a key factor in salary progression, with senior roles commanding higher pay than entry-level positions.

How many Retail Salespersons work in Owensboro, KY?

There are approximately 1,510 Retail Salespersons employed in Owensboro, KY.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the Owensboro, KY area with a job density of 31.219 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.