Average Retail Salespersons Salary in Southern Vermont nonmetropolitan area
Retail Salespersons in the Southern Vermont nonmetropolitan area earn an average annual salary of $41,650, which is notably higher than the national average of $37,150. This elevated compensation is likely influenced by the specific economic dynamics and potentially a more concentrated demand for retail services within this region, despite its nonmetropolitan classification.
Executive Summary
- Average Salary: $41,650 per year.
- Growth Trend: Salaries have shifted 28.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,330.
- Outlook: With a local workforce of 2,280 Retail Salespersons and a Location Quotient of 1.1, the job market in Southern Vermont indicates a slightly higher concentration of these roles compared to the national average. This suggests a stable, and perhaps growing, demand for retail sales talent within the area, reflecting a healthy job market that supports the existing workforce size.
Salary Overview
The average Retail Salespersons in Southern Vermont nonmetropolitan area earns+12.1%above the national average.
$20
$801
$3,471
Retail Salespersons Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Retail Salespersons in Southern Vermont have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing consumer demand, and the need to attract and retain skilled sales professionals likely contribute to this upward salary trajectory.
Retail Salespersons Salary Distribution in Southern Vermont nonmetropolitan area
Salary progression for Retail Salespersons in Southern Vermont typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive sales expertise and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify the career advancement opportunities available to those who develop their skills and build experience in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,940 | $14.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $31,238 | $15 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $36,800 | $17.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $52,063 | $25 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $52,330 | $25.2 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$41,650
Gross Pay
Real Wage (Purchasing Power)
$41,650
Adjusted for COL (100)
The nominal average annual salary of $41,650 in Southern Vermont aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's salary in this region is equivalent to that of someone earning the national average, making it a financially stable location for these professionals.
Job Market Context
2,280
Total Jobs
27.003
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Southern Vermont nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
The Location Quotient of 1.1 for Retail Salespersons in Southern Vermont signifies a job market that is slightly more concentrated than the national average. This suggests that while the roles are present and perhaps in slightly higher demand relative to other professions, the market is not oversaturated, indicating a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Retail Salespersons Salary | $41,740↑ 0% | 40 mi |
| Glens Falls, NY Retail Salespersons Salary | $39,360↓ 5% | 69 mi |
| Central New Hampshire nonmetropolitan area Retail Salespersons Salary | $39,130↓ 6% | 70 mi |
| Northern New Hampshire nonmetropolitan area Retail Salespersons Salary | $36,760↓ 12% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Retail Salespersons Salary | $37,840↓ 9% | 70 mi |
Comparing salaries near Southern Vermont nonmetropolitan area
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Southern Vermont nonmetropolitan area?
The median annual salary for a Retail Salespersons in Southern Vermont nonmetropolitan area is $41,650. This typically ranges from $29,940 for entry-level positions to $52,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 12.1% higher than the national median of $37,150.
Is Southern Vermont nonmetropolitan area a lucrative place for Retail Salespersons?
Yes, it offers competitive compensation relative to the national average.Retail Salespersons in Southern Vermont earn above the national average salary, and with a cost of living matching the national average, their earnings hold strong purchasing power.
Is Southern Vermont nonmetropolitan area a good place to live for Retail Salespersons?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($41,740) and Glens Falls, NY.
How does the total workforce size impact job availability for Retail Salespersons in Southern Vermont?
A total local workforce of 2,280 indicates a substantial presence of Retail Salespersons, suggesting a consistent demand for these roles within the region's economy.
What does a Location Quotient of 1.1 mean for Retail Salespersons in Southern Vermont?
A Location Quotient of 1.1 means that Retail Salespersons are slightly more concentrated in Southern Vermont than the national average, implying a potentially stronger job market for this specific occupation.
How does the Cost of Living Index affect the real value of a Retail Salesperson's salary in Southern Vermont?
With a Cost of Living Index of 100, the national average, the $41,650 salary in Southern Vermont has the same purchasing power as the national average salary, indicating good financial stability.
Are there significant salary differences based on experience for Retail Salespersons in Southern Vermont?
Yes, experience plays a crucial role, with entry-level positions earning less and senior roles commanding higher salaries, reflecting a clear career progression path.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,280 employees in the Southern Vermont nonmetropolitan area area with a job density of 27.003 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 Southern Vermont nonmetropolitan area