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Average Retail Salespersons Salary in Raleigh-Cary, NC

Retail Salespersons in the Raleigh-Cary, NC area earn an average annual salary of $35,320. This figure is slightly below the national average of $37,150. Local market dynamics, including demand and the specific retail landscape within Raleigh-Cary, contribute to this compensation level.

Executive Summary

  • Average Salary: $35,320 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,880.
  • Outlook: The Raleigh-Cary area boasts a substantial local workforce of 18,030 Retail Salespersons, indicating a significant presence in the region's employment sector. With a Location Quotient of 1.01, the concentration of these roles is very close to the national average, suggesting a stable and established job market for retail sales professionals.
2024 Market Data

Salary Overview

$35,320

The average Retail Salespersons in Raleigh-Cary, NC earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$17

Weekly

$679

Monthly

$2,943

Retail Salespersons Salary Distribution in Raleigh-Cary, NC

Salary progression for Retail Salespersons in Raleigh-Cary typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized sales roles can command significantly higher earnings. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$23,730$11.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$26,490$12.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$32,090$15.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$44,150$21.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$47,880$23

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$35,320

Gross Pay

Real Wage (Purchasing Power)

$35,320

Adjusted for COL (100)

The average annual salary of $35,320 in Raleigh-Cary aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Retail Salesperson's salary in this area is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

18,030

Total Jobs

24.915

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Raleigh-Cary, NC has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.01 for Retail Salespersons in Raleigh-Cary indicates that the employment concentration for this role is nearly identical to the national average. This suggests a balanced market where demand and supply are relatively stable, with no significant over- or under-representation of these positions compared to the rest of the country.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Raleigh-Cary, NC

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Raleigh-Cary, NC?

The median annual salary for a Retail Salespersons in Raleigh-Cary, NC is $35,320. This typically ranges from $23,730 for entry-level positions to $47,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 4.9% lower than the national median of $37,150.

Is Raleigh-Cary, NC a lucrative place for Retail Salespersons?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for Retail Salespersons is slightly below the national benchmark. This indicates a stable but not high-paying market for these roles.

Is Raleigh-Cary, NC a good place to live for Retail Salespersons?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($34,590) and Rocky Mount, NC.

How does Raleigh-Cary's Retail Salesperson salary compare to the national average?

The average annual salary in Raleigh-Cary is $35,320, which is slightly lower than the national average of $37,150.

What is the significance of the Location Quotient (LQ) for Retail Salespersons in Raleigh-Cary?

An LQ of 1.01 means the concentration of Retail Salespersons in Raleigh-Cary is very close to the national average, indicating a typical market presence for this profession.

Does the cost of living in Raleigh-Cary affect the perceived value of the salary?

No, the cost of living in Raleigh-Cary is exactly at the national average (100), meaning the $35,320 salary has the same purchasing power as the national average salary.

How many Retail Salespersons are employed in the Raleigh-Cary area?

There are approximately 18,030 Retail Salespersons employed in the Raleigh-Cary, NC area, representing 24.915 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 18,030 employees in the Raleigh-Cary, NC area with a job density of 24.915 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.