Average Retail Salespersons Salary in Winston-Salem, NC
Retail Salespersons in Winston-Salem, NC earn an average annual salary of $33,020. This figure is notably below the national average of $37,150, suggesting that local market dynamics and economic factors specific to the region play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $33,020 per year.
- Growth Trend: Salaries have shifted 24.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,280.
- Outlook: Winston-Salem boasts a substantial local workforce of 6,940 Retail Salespersons, with a location quotient of 1.03 indicating a concentration slightly above the national average. This suggests a stable and established demand for retail sales talent within the city, reflecting a healthy job market for those in the field.
Salary Overview
The average Retail Salespersons in Winston-Salem, NC earns-11.1%below the national average.
$15.9
$635
$2,752
Retail Salespersons Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Retail Salespersons in Winston-Salem have seen gradual growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory, even if modest, indicates a dynamic market that adapts to changing economic conditions and consumer spending patterns.
Retail Salespersons Salary Distribution in Winston-Salem, NC
Career progression for Retail Salespersons in Winston-Salem typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles and those with specialized skills or management responsibilities can command significantly higher earnings, with percentile gaps reflecting these advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $22,550 | $10.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $24,765 | $11.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $29,160 | $14 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $41,275 | $19.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $45,280 | $21.8 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$33,020
Gross Pay
Real Wage (Purchasing Power)
$33,020
Adjusted for COL (100)
The average annual salary of $33,020 in Winston-Salem aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that income locally is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
6,940
Total Jobs
25.384
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Winston-Salem, NC has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
With a Location Quotient of 1.03, Winston-Salem demonstrates a retail sales job market that is marginally more concentrated than the national average. This suggests a competitive yet stable environment where the number of retail sales positions is well-aligned with the available workforce, indicating consistent opportunities for employment.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Retail Salespersons Salary | $32,650↓ 1% | 23 mi |
| Eastern North Carolina nonmetropolitan area Retail Salespersons Salary | $33,420↑ 1% | 41 mi |
| Western North Carolina nonmetropolitan area Retail Salespersons Salary | $33,170↑ 0% | 41 mi |
| Central North Carolina nonmetropolitan area Retail Salespersons Salary | $32,440↓ 2% | 41 mi |
| Burlington, NC Retail Salespersons Salary | $31,640↓ 4% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Winston-Salem, NC?
The median annual salary for a Retail Salespersons in Winston-Salem, NC is $33,020. This typically ranges from $22,550 for entry-level positions to $45,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 11.1% lower than the national median of $37,150.
Is Winston-Salem, NC a lucrative place for Retail Salespersons?
No, not particularly lucrative compared to the national average.The average salary of $33,020 is below the national average of $37,150. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Winston-Salem, NC a good place to live for Retail Salespersons?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($32,650) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's Retail Salesperson salary compare to the national average?
The average annual salary for Retail Salespersons in Winston-Salem is $33,020, which is lower than the national average of $37,150.
What is the significance of the Location Quotient for Retail Salespersons in Winston-Salem?
A Location Quotient of 1.03 indicates that Winston-Salem has a slightly higher concentration of Retail Salespersons compared to the national average, suggesting a robust local demand for these roles.
How does the cost of living in Winston-Salem affect the salary?
Winston-Salem's Cost of Living Index is 100, matching the national average. This means the $33,020 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total number of Retail Salespersons in Winston-Salem?
There are approximately 6,940 Retail Salespersons employed in Winston-Salem, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,940 employees in the Winston-Salem, NC area with a job density of 25.384 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 Winston-Salem, NC