Average Retail Salespersons Salary in Waco, TX
Retail Salespersons in Waco, Texas, earn an average annual salary of $33,130. 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 Waco, play a significant role in determining compensation for these roles.
Executive Summary
- Average Salary: $33,130 per year.
- Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,390.
- Outlook: With a total local workforce of 3,050 Retail Salespersons, Waco presents a stable employment base for this profession. The Location Quotient of 0.95 indicates that the concentration of these jobs in Waco is nearly on par with the national average, signifying a consistent and steady demand for retail sales talent within the area.
Salary Overview
The average Retail Salespersons in Waco, TX earns-10.8%below the national average.
$15.9
$637
$2,761
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Retail Salespersons in Waco, as in most markets, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing consumer demand, and the evolving skill requirements within the retail sector, leading to modest but consistent upward adjustments in pay.
Retail Salespersons Salary Distribution in Waco, TX
Career progression for Retail Salespersons in Waco, TX, is typically marked by increasing earning potential. Entry-level positions may start closer to the lower end of the pay scale, while experienced professionals and those in senior or specialized sales roles can command salaries significantly higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement and increased compensation with accumulated experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $21,730 | $10.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $24,848 | $11.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $29,080 | $14 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $41,413 | $19.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $45,390 | $21.8 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$33,130
Gross Pay
Real Wage (Purchasing Power)
$33,130
Adjusted for COL (100)
The average annual salary of $33,130 in Waco, TX, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's salary in Waco is equivalent to the national average, indicating that while the nominal pay is lower than the national average, the local cost of living does not present a significant disadvantage in terms of real income.
Job Market Context
3,050
Total Jobs
23.513
Per 1K Jobs
0.95
Location Quotient
Waco, TX has 0.95x the national average concentration of Retail Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.95 for Retail Salespersons in Waco, TX, suggests a job market that is closely aligned with national employment patterns for this occupation. This indicates a healthy and competitive environment where the number of jobs available is proportionate to the size of the workforce, offering stable opportunities without being overly saturated or scarce.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Retail Salespersons Salary | $32,400↓ 2% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Retail Salespersons Salary | $32,460↓ 2% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Retail Salespersons Salary | $32,840↓ 1% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Retail Salespersons Salary | $32,870↓ 1% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Retail Salespersons Salary | $32,560↓ 2% | 41 mi |
Comparing salaries near Waco, TX
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Waco, TX?
The median annual salary for a Retail Salespersons in Waco, TX is $33,130. This typically ranges from $21,730 for entry-level positions to $45,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 10.8% lower than the national median of $37,150.
Is Waco, TX 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 $33,130 is below the national average of $37,150, indicating less lucrative earning potential in Waco.
Is Waco, TX a good place to live for Retail Salespersons?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($32,400) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Retail Salesperson salary compare to the national average?
The average annual salary for Retail Salespersons in Waco, TX, is $33,130, which is lower than the national average of $37,150.
What is the concentration of Retail Salesperson jobs in Waco, TX?
Waco has a Location Quotient of 0.95 for Retail Salespersons, meaning the concentration of these jobs is very close to the national average.
How does the cost of living in Waco affect the salary?
Waco's Cost of Living Index is 100, which is the national average. This means the $33,130 salary has average purchasing power locally.
What is the total number of Retail Salespersons in Waco, TX?
There are approximately 3,050 Retail Salespersons employed in Waco, TX.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,050 employees in the Waco, TX area with a job density of 23.513 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 Waco, TX