Average Retail Salespersons Salary in Southwestern New Hampshire nonmetropolitan area
Retail Salespersons in the nonmetropolitan areas of Southwestern New Hampshire earn an average annual salary of $37,840. This figure slightly surpasses the national average of $37,150, suggesting that regional economic factors and a specific demand profile contribute to this competitive compensation. The unique economic landscape of this area plays a crucial role in shaping the earning potential for these essential retail roles.
Executive Summary
- Average Salary: $37,840 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,040.
- Outlook: With a local workforce of 1,660 Retail Salespersons and a Location Quotient of 1.3, the job market in Southwestern New Hampshire's nonmetropolitan areas indicates a notable concentration of these roles compared to the national average. This suggests a robust demand and a potentially stable job market for individuals seeking employment in retail sales within this region, implying that the sector is a significant employer.
Salary Overview
The average Retail Salespersons in Southwestern New Hampshire nonmetropolitan area earns+1.9%above the national average.
$18.2
$728
$3,153
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Retail Salespersons in nonmetropolitan areas like Southwestern New Hampshire have experienced steady growth over the past four years. This trend is often driven by inflation, increasing consumer demand, and the need for businesses to attract and retain qualified staff in a competitive labor market, reflecting a positive trajectory for earning potential.
Retail Salespersons Salary Distribution in Southwestern New Hampshire nonmetropolitan area
Salary progression for Retail Salespersons in Southwestern New Hampshire typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive sales experience and proven track records can command salaries in the higher percentiles. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities and increased earning potential as one gains expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $28,270 | $13.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $28,380 | $13.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,950 | $16.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $47,300 | $22.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $47,040 | $22.6 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$37,840
Gross Pay
Real Wage (Purchasing Power)
$37,840
Adjusted for COL (100)
The nominal average annual salary of $37,840 in Southwestern New Hampshire's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, indicating that the cost of goods and services, housing, and everyday expenses are neither significantly higher nor lower than the typical American experience.
Job Market Context
1,660
Total Jobs
31.997
Per 1K Jobs
1.3
Location Quotient
With a location quotient of 1.30, Southwestern New Hampshire nonmetropolitan area has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
A Location Quotient of 1.3 for Retail Salespersons in Southwestern New Hampshire's nonmetropolitan areas signifies that this profession is 30% more concentrated here than the national average. This higher concentration suggests a more robust and potentially competitive job market for retail sales roles, indicating that employers may actively seek candidates, and there is a substantial presence of these opportunities relative to the overall workforce.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Manchester-Nashua, NH Retail Salespersons Salary | $38,100↑ 1% | 33 mi |
| Portland-South Portland, ME Retail Salespersons Salary | $40,780↑ 8% | 67 mi |
| Northern Vermont nonmetropolitan area Retail Salespersons Salary | $41,920↑ 11% | 70 mi |
| Southern Vermont nonmetropolitan area Retail Salespersons Salary | $41,650↑ 10% | 70 mi |
| Boston-Cambridge-Newton, MA-NH Retail Salespersons Salary | $41,000↑ 8% | 82 mi |
Comparing salaries near Southwestern New Hampshire nonmetropolitan area
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Frequently Asked Questions
How much does a Retail Salespersons make in Southwestern New Hampshire nonmetropolitan area?
The median annual salary for a Retail Salespersons in Southwestern New Hampshire nonmetropolitan area is $37,840. This typically ranges from $28,270 for entry-level positions to $47,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwestern New Hampshire nonmetropolitan area is 1.9% higher than the national median of $37,150.
Is Southwestern New Hampshire nonmetropolitan area a lucrative place for Retail Salespersons?
Yes, it offers slightly above-average compensation.Retail Salespersons in this region earn $37,840 annually, exceeding the national average of $37,150. Coupled with a Cost of Living Index at the national average, this makes the area financially comparable and slightly more rewarding than the national benchmark.
Is Southwestern New Hampshire nonmetropolitan area a good place to live for Retail Salespersons?
The Cost of Living Index in Southwestern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwestern New Hampshire nonmetropolitan area?
Some top paying nearby cities include Manchester-Nashua, NH ($38,100) and Portland-South Portland, ME.
How does the salary compare to the national average?
The average annual salary for Retail Salespersons in Southwestern New Hampshire's nonmetropolitan area is $37,840, which is slightly higher than the national average of $37,150.
What is the job market like for Retail Salespersons in this area?
The job market appears robust, with a Location Quotient of 1.3 indicating a higher concentration of these jobs than the national average, suggesting strong demand.
How does the cost of living affect the salary?
The Cost of Living Index is 100, matching the national average. This means the $37,840 salary has purchasing power equivalent to the national average, making it a fair compensation relative to expenses.
What does the Location Quotient of 1.3 mean?
A Location Quotient of 1.3 signifies that Retail Salespersons are 30% more concentrated in Southwestern New Hampshire's nonmetropolitan areas compared to the national average, indicating a significant presence of these jobs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,660 employees in the Southwestern New Hampshire nonmetropolitan area area with a job density of 31.997 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 Southwestern New Hampshire nonmetropolitan area