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Average Retail Salespersons Salary in Southwest Maine nonmetropolitan area

Retail Salespersons in Southwest Maine nonmetropolitan area earn an average annual salary of $40,170, surpassing the national average of $37,150. This higher compensation in the region can be attributed to a combination of local market dynamics and the specific demand for retail services within this nonmetropolitan setting.

Executive Summary

  • Average Salary: $40,170 per year.
  • Growth Trend: Salaries have shifted 31.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,020.
  • Outlook: With a local workforce of 3,750 Retail Salespersons, Southwest Maine demonstrates a significant concentration of these roles, indicated by a Location Quotient of 1.07. This suggests that the demand for retail sales talent in this area is slightly above the national average, pointing towards a stable and potentially growing job market for these professionals.
2024 Market Data

Salary Overview

$40,170

The average Retail Salespersons in Southwest Maine nonmetropolitan area earns+8.1%above the national average.

BreakdownBased on 40h/week
Hourly

$19.3

Weekly

$773

Monthly

$3,348

Retail Salespersons Salary Distribution in Southwest Maine nonmetropolitan area

Career progression for Retail Salespersons in Southwest Maine typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and leadership skills can command salaries well above the average, with senior roles potentially reaching higher percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$30,170$14.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$30,128$14.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$35,970$17.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$50,213$24.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$49,020$23.6

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$40,170

Gross Pay

Real Wage (Purchasing Power)

$40,170

Adjusted for COL (100)

The average annual salary of $40,170 in Southwest Maine 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 the national average, offering a stable financial environment without the premium costs often associated with metropolitan areas.

Job Market Context

3,750

Total Jobs

26.472

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Southwest Maine nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

The Location Quotient of 1.07 for Retail Salespersons in Southwest Maine indicates a slightly higher concentration of these jobs compared to the national average. This suggests a healthy and competitive job market where demand for skilled sales professionals is robust, offering good opportunities for both new entrants and experienced individuals.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Southwest Maine nonmetropolitan area

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Southwest Maine nonmetropolitan area?

The median annual salary for a Retail Salespersons in Southwest Maine nonmetropolitan area is $40,170. This typically ranges from $30,170 for entry-level positions to $49,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 8.1% higher than the national median of $37,150.

Is Southwest Maine nonmetropolitan area a lucrative place for Retail Salespersons?

Yes, it offers competitive compensation relative to the cost of living.Retail Salespersons in Southwest Maine earn above the national average salary, and with a Cost of Living Index at the national average, their earnings provide strong purchasing power.

Is Southwest Maine nonmetropolitan area a good place to live for Retail Salespersons?

The Cost of Living Index in Southwest Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Maine nonmetropolitan area?

Some top paying nearby cities include Bangor, ME ($39,710) and Lewiston-Auburn, ME.

How does the local workforce size impact job opportunities?

The local workforce of 3,750 Retail Salespersons suggests a substantial presence of this profession, indicating a consistent demand for these roles within the region.

What does a Location Quotient of 1.07 mean for job seekers?

A Location Quotient of 1.07 signifies that Retail Salespersons are slightly more concentrated in Southwest Maine than the national average, implying a favorable job market with potentially more openings relative to the workforce size.

How does the Cost of Living affect the $40,170 salary?

With a Cost of Living Index of 100, the $40,170 salary in Southwest Maine holds the same purchasing power as the national average salary, making it a financially stable region.

Are there significant salary differences based on experience?

Yes, experience plays a crucial role, with entry-level positions offering lower pay and senior or specialized roles commanding significantly higher salaries, reflecting career advancement.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,750 employees in the Southwest Maine nonmetropolitan area area with a job density of 26.472 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.