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Average Retail Salespersons Salary in Staunton-Stuarts Draft, VA

Retail Salespersons in Staunton-Stuarts Draft, VA, earn an average annual salary of $36,070. This figure is slightly below the national average of $37,150, indicating localized market dynamics at play. Factors such as regional demand, local economic conditions, and the specific retail landscape within Staunton-Stuarts Draft contribute to this pay scale.

Executive Summary

  • Average Salary: $36,070 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $50,130.
  • Outlook: The Staunton-Stuarts Draft area supports a substantial retail sales workforce of 1,350 individuals. With 26.702 jobs per 1,000 workers and a Location Quotient of 1.08, the concentration of retail sales roles in this region is marginally higher than the national average. This suggests a stable, albeit not rapidly expanding, demand for retail sales talent within the local economy.
2024 Market Data

Salary Overview

$36,070

The average Retail Salespersons in Staunton-Stuarts Draft, VA earns-2.9%below the national average.

BreakdownBased on 40h/week
Hourly

$17.3

Weekly

$694

Monthly

$3,006

Retail Salespersons Salary Distribution in Staunton-Stuarts Draft, VA

Career progression for Retail Salespersons typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and leadership skills can command higher salaries. The variance in pay between different experience levels, often reflected in salary percentiles, signifies clear opportunities for career advancement within the retail field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,320$12.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$27,053$13
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$30,570$14.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$45,088$21.7
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$50,130$24.1

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$36,070

Gross Pay

Real Wage (Purchasing Power)

$36,070

Adjusted for COL (100)

The average annual salary of $36,070 in Staunton-Stuarts Draft aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's salary in this area is comparable to that of someone in a similarly average-cost region nationwide, offering a balanced financial outlook.

Job Market Context

1,350

Total Jobs

26.702

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Staunton-Stuarts Draft, VA has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.

A Location Quotient of 1.08 signifies that Staunton-Stuarts Draft has a slightly higher concentration of Retail Salesperson jobs compared to the national average. This suggests that the job market for these roles is relatively robust and perhaps more competitive or specialized within this specific locale, offering slightly more opportunities than a typical region.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Staunton-Stuarts Draft, VA

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Staunton-Stuarts Draft, VA?

The median annual salary for a Retail Salespersons in Staunton-Stuarts Draft, VA is $36,070. This typically ranges from $26,320 for entry-level positions to $50,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Staunton-Stuarts Draft, VA is 2.9% lower than the national median of $37,150.

Is Staunton-Stuarts Draft, VA a lucrative place for Retail Salespersons?

No, not significantly more lucrative than the national average.While the salary of $36,070 is competitive within the local context, it falls slightly below the national average. However, the cost of living also matches the national average, making the purchasing power comparable.

Is Staunton-Stuarts Draft, VA a good place to live for Retail Salespersons?

The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Staunton-Stuarts Draft, VA?

Some top paying nearby cities include Harrisonburg, VA ($34,330) and Charlottesville, VA.

How does the Staunton-Stuarts Draft salary compare to the national average?

The average annual salary for Retail Salespersons in Staunton-Stuarts Draft, VA is $36,070, which is slightly lower than the national average of $37,150.

What is the cost of living in Staunton-Stuarts Draft, VA for Retail Salespersons?

The cost of living in Staunton-Stuarts Draft, VA is exactly at the national average, with an index of 100, meaning your earnings have average purchasing power.

Is there high demand for Retail Salespersons in Staunton-Stuarts Draft, VA?

With 26.702 jobs per 1,000 workers and a Location Quotient of 1.08, the demand is slightly above the national average, indicating a stable job market.

How many Retail Salespersons work in Staunton-Stuarts Draft, VA?

There are approximately 1,350 Retail Salespersons employed in the Staunton-Stuarts Draft, VA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,350 employees in the Staunton-Stuarts Draft, VA area with a job density of 26.702 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.