Average Retail Salespersons Salary in Waterloo-Cedar Falls, IA
In Waterloo-Cedar Falls, IA, Retail Salespersons earn an average annual salary of $34,480. This figure is slightly below the national average of $37,150, reflecting localized economic factors and demand within the region. The specific pay scales in Waterloo-Cedar Falls are influenced by the local economic landscape and the concentration of retail businesses.
Executive Summary
- Average Salary: $34,480 per year.
- Growth Trend: Salaries have shifted 34.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,910.
- Outlook: The Waterloo-Cedar Falls area supports a dedicated workforce of 2,150 Retail Salespersons. With a Location Quotient of 1.02, the concentration of these roles is very close to the national average, indicating a stable and consistent demand for retail talent within the region. The presence of 25.132 jobs per 1,000 workers further underscores the steady employment opportunities available for those in this sector.
Salary Overview
The average Retail Salespersons in Waterloo-Cedar Falls, IA earns-7.2%below the national average.
$16.6
$663
$2,873
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for Waterloo-Cedar Falls is not provided, it is generally assumed that salaries for Retail Salespersons across the nation, including this region, have seen modest growth over the past four years. This growth is typically driven by inflation, increased consumer spending, and evolving retail strategies that necessitate skilled sales professionals.
Retail Salespersons Salary Distribution in Waterloo-Cedar Falls, IA
Salary progression for Retail Salespersons in Waterloo-Cedar Falls, as elsewhere, is significantly influenced by experience and skill level. Entry-level positions typically command the lower end of the pay scale, while senior sales associates or those with specialized product knowledge can expect to earn considerably more. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $22,970 | $11 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $25,860 | $12.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $29,920 | $14.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $43,100 | $20.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $46,910 | $22.6 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$34,480
Gross Pay
Real Wage (Purchasing Power)
$34,480
Adjusted for COL (100)
The average annual salary of $34,480 in Waterloo-Cedar Falls aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the purchasing power of a Retail Salesperson's income in this area is equivalent to the national average, suggesting that the nominal salary provides a comparable standard of living to other parts of the country.
Job Market Context
2,150
Total Jobs
25.132
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Waterloo-Cedar Falls, IA has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
With a Location Quotient of 1.02, the Waterloo-Cedar Falls market for Retail Salespersons is nearly identical to the national average in terms of concentration. This suggests a balanced job market where demand and supply are relatively stable, without significant over- or under-representation of the profession compared to the rest of the country.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Retail Salespersons Salary | $34,020↓ 1% | 50 mi |
| Southeast Iowa nonmetropolitan area Retail Salespersons Salary | $32,850↓ 5% | 55 mi |
| Northwest Iowa nonmetropolitan area Retail Salespersons Salary | $33,760↓ 2% | 55 mi |
| Northeast Iowa nonmetropolitan area Retail Salespersons Salary | $33,070↓ 4% | 55 mi |
| Southwest Iowa nonmetropolitan area Retail Salespersons Salary | $32,850↓ 5% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Waterloo-Cedar Falls, IA?
The median annual salary for a Retail Salespersons in Waterloo-Cedar Falls, IA is $34,480. This typically ranges from $22,970 for entry-level positions to $46,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 7.2% lower than the national median of $37,150.
Is Waterloo-Cedar Falls, IA a lucrative place for Retail Salespersons?
No, not significantly more lucrative than the national average.The average salary of $34,480 is slightly below the national average, and the cost of living is exactly at the national average, indicating comparable earning potential and purchasing power.
Is Waterloo-Cedar Falls, IA a good place to live for Retail Salespersons?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($34,020) and Southeast Iowa nonmetropolitan area.
How does the Waterloo-Cedar Falls retail job market compare nationally?
The market is very similar to the national average, with a Location Quotient of 1.02 indicating a comparable concentration of retail sales jobs.
What is the cost of living impact on a Retail Salesperson's salary in Waterloo-Cedar Falls?
The cost of living is exactly at the national average (100), meaning the $34,480 salary has the same purchasing power as the national average salary.
Are there many retail jobs in Waterloo-Cedar Falls?
Yes, there are 25.132 retail sales jobs per 1,000 workers, indicating a solid presence of these roles within the local economy.
Can a Retail Salesperson expect salary growth in Waterloo-Cedar Falls?
While specific local trends aren't detailed, general economic factors and career progression through experience typically lead to salary increases over time for dedicated professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,150 employees in the Waterloo-Cedar Falls, IA area with a job density of 25.132 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 Waterloo-Cedar Falls, IA