Average Retail Salespersons Salary in Terre Haute, IN
Retail Salespersons in Terre Haute, Indiana, can expect an average annual salary of $31,110. This figure is notably below the national average of $37,150, suggesting that local market dynamics, such as demand and the overall economic landscape of the region, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $31,110 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $41,250.
- Outlook: With a local workforce of 1,910 Retail Salespersons and a Location Quotient of 1.2, Terre Haute exhibits a slightly higher concentration of these roles compared to the national average. This indicates a stable, albeit not rapidly expanding, demand for retail sales talent within the area, suggesting a moderately robust job market for those entering or established in this field.
Salary Overview
The average Retail Salespersons in Terre Haute, IN earns-16.3%below the national average.
$15
$598
$2,593
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Retail Salespersons in Terre Haute, as in many regions, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing consumer demand, and the evolving nature of retail operations, which may necessitate higher skill levels and thus command better compensation.
Retail Salespersons Salary Distribution in Terre Haute, IN
Salary progression for Retail Salespersons in Terre Haute typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and supervisory skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities within the retail sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $21,390 | $10.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $23,333 | $11.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $28,270 | $13.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $38,888 | $18.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $41,250 | $19.8 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$31,110
Gross Pay
Real Wage (Purchasing Power)
$31,110
Adjusted for COL (100)
The average annual salary of $31,110 in Terre Haute aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard, indicating that the lower salary is effectively balanced by the local cost of living.
Job Market Context
1,910
Total Jobs
29.612
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Terre Haute, IN has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
A Location Quotient of 1.2 for Retail Salespersons in Terre Haute signifies that the concentration of these jobs in the area is 20% higher than the national average. This suggests a relatively competitive market where employers may have a steady pool of candidates, but also indicates a strong presence and demand for retail sales expertise within the local economy.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IN Retail Salespersons Salary | $34,030↑ 9% | 50 mi |
| Northern Indiana nonmetropolitan area Retail Salespersons Salary | $34,400↑ 11% | 65 mi |
| Southern Indiana nonmetropolitan area Retail Salespersons Salary | $33,910↑ 9% | 65 mi |
| Central Indiana nonmetropolitan area Retail Salespersons Salary | $33,490↑ 8% | 65 mi |
| Champaign-Urbana, IL Retail Salespersons Salary | $36,290↑ 17% | 65 mi |
Comparing salaries near Terre Haute, IN
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Frequently Asked Questions
How much does a Retail Salespersons make in Terre Haute, IN?
The median annual salary for a Retail Salespersons in Terre Haute, IN is $31,110. This typically ranges from $21,390 for entry-level positions to $41,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Terre Haute, IN is 16.3% lower than the national median of $37,150.
Is Terre Haute, IN a lucrative place for Retail Salespersons?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $31,110 is significantly lower than the national average of $37,150, indicating less financial advantage for this role in Terre Haute.
Is Terre Haute, IN a good place to live for Retail Salespersons?
The Cost of Living Index in Terre Haute, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Terre Haute, IN?
Some top paying nearby cities include Bloomington, IN ($34,030) and Northern Indiana nonmetropolitan area.
How does the number of Retail Salespersons in Terre Haute compare nationally?
Terre Haute has 29.612 Retail Salespersons per 1,000 workers, which is higher than the national average, suggesting a greater prevalence of these roles locally.
What is the significance of the Location Quotient (LQ) for Retail Salespersons in Terre Haute?
An LQ of 1.2 indicates that Terre Haute has a higher concentration of Retail Salespersons than the national average, implying a more established or in-demand market for this profession in the area.
Does experience impact salary for Retail Salespersons in Terre Haute?
Yes, experience is a key factor. Entry-level positions will offer lower pay, while senior roles with more responsibility and a proven track record will command higher salaries, reflecting career progression.
How does the cost of living in Terre Haute affect the value of the salary?
With a Cost of Living Index of 100, Terre Haute's cost of living is exactly at the national average. Therefore, the $31,110 salary has average purchasing power, meaning it stretches as far as the national average salary does.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,910 employees in the Terre Haute, IN area with a job density of 29.612 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 Terre Haute, IN