Average Retail Salespersons Salary in Virgin Islands
Retail Salespersons in the Virgin Islands earn an average annual salary of $32,610. This figure is notably below the national average of $37,150, suggesting that local economic factors and market dynamics play a significant role in compensation within this sector. The specific economic landscape and demand for retail services in the islands likely influence these pay rates.
Executive Summary
- Average Salary: $32,610 per year.
- Growth Trend: Salaries have shifted 5.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,520.
- Outlook: The Virgin Islands currently employs approximately 1,310 Retail Salespersons, with a robust Location Quotient of 1.6 indicating a higher concentration of these roles compared to the national average. This suggests a strong, established demand for retail talent within the local economy, signifying a stable job market for individuals in this profession.
Salary Overview
The average Retail Salespersons in Virgin Islands earns-12.2%below the national average.
$15.7
$627
$2,718
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the Retail Salesperson role in the Virgin Islands has experienced moderate salary growth over the past four years, aligning with broader economic trends and inflation. Continued demand, as indicated by the Location Quotient, likely supports this upward trajectory in compensation.
Retail Salespersons Salary Distribution in Virgin Islands
Career progression for Retail Salespersons in the Virgin Islands typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive sales expertise and potentially management responsibilities can command significantly higher salaries, reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,590 | $11.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $24,458 | $11.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $28,790 | $13.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $40,763 | $19.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $45,520 | $21.9 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$32,610
Gross Pay
Real Wage (Purchasing Power)
$27,175
Adjusted for COL (120)
The average annual salary of $32,610 in the Virgin Islands must be considered alongside its Cost of Living Index of 120. This index is 20% higher than the national average, meaning that the nominal salary of $32,610 may offer less purchasing power locally than a similar salary would in a region with a lower cost of living.
Job Market Context
1,310
Total Jobs
39.379
Per 1K Jobs
1.6
Location Quotient
Virgin Islands has 1.6x the national concentration of Retail Salespersons jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.6, the Virgin Islands exhibits a significantly higher concentration of Retail Salesperson jobs than the national average. This suggests that the job market for these roles is relatively abundant and well-established within the local economy, potentially offering more opportunities and a competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| San Juan-Bayamon-Caguas, PR Retail Salespersons Salary | $25,180↓ 23% | 76 mi |
| Guayama, PR Retail Salespersons Salary | $22,080↓ 32% | 84 mi |
Comparing salaries near Virgin Islands
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Frequently Asked Questions
How much does a Retail Salespersons make in Virgin Islands?
The median annual salary for a Retail Salespersons in Virgin Islands is $32,610. This typically ranges from $23,590 for entry-level positions to $45,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virgin Islands is 12.2% lower than the national median of $37,150.
Is Virgin Islands a lucrative place for Retail Salespersons?
No, not exceptionally lucrative based on average salary.The average salary of $32,610 is below the national average, and the higher cost of living further diminishes purchasing power. While the job concentration is high, the overall compensation may not be considered lucrative.
Is Virgin Islands a good place to live for Retail Salespersons?
The Cost of Living Index in Virgin Islands is 120. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virgin Islands?
Some top paying nearby cities include San Juan-Bayamon-Caguas, PR ($25,180) and Guayama, PR.
How does the Virgin Islands' Retail Salesperson salary compare to the national average?
The average annual salary for Retail Salespersons in the Virgin Islands is $32,610, which is lower than the national average of $37,150.
What does the Location Quotient of 1.6 mean for Retail Salespersons in the Virgin Islands?
A Location Quotient of 1.6 indicates that Retail Salesperson jobs are 60% more concentrated in the Virgin Islands than the national average, suggesting a strong local demand for these roles.
How does the cost of living affect the salary for Retail Salespersons in the Virgin Islands?
With a Cost of Living Index of 120, the Virgin Islands is 20% more expensive than the national average. This means the $32,610 salary has less purchasing power locally compared to areas with a lower cost of living.
What is the total number of Retail Salespersons employed in the Virgin Islands?
There are approximately 1,310 Retail Salespersons employed in the Virgin Islands.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,310 employees in the Virgin Islands area with a job density of 39.379 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 Virgin Islands