Average Sales and Related Occupations Salary in Florence, SC
In Florence, SC, professionals in Sales and Related Occupations earn an average annual salary of $41,260. This figure is notably below the national average of $54,110, suggesting that local market dynamics and economic factors in Florence influence compensation levels for these roles. The specific economic landscape and demand within the Florence area contribute to this pay differential.
Executive Summary
- Average Salary: $41,260 per year.
- Growth Trend: Salaries have shifted 21.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,500.
- Outlook: Florence, SC supports a substantial workforce of 8,730 individuals in Sales and Related Occupations. With a Location Quotient of 1.12, this sector demonstrates a concentration slightly above the national average, indicating a robust and established presence. The presence of approximately 97.063 jobs per 1,000 workers further underscores the consistent demand and integration of sales professionals within the local economy.
Salary Overview
The average Sales and Related Occupations in Florence, SC earns-23.7%below the national average.
$19.8
$793
$3,438
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that sales occupations in Florence, SC have experienced salary growth over the past four years, mirroring general economic trends. Increases in the cost of goods, inflation, and evolving market demands typically drive up compensation for sales roles. This upward trajectory, even if modest, reflects the ongoing need for skilled sales professionals and their increasing value in the regional marketplace.
Sales and Related Occupations Salary Distribution in Florence, SC
Salary progression for Sales and Related Occupations in Florence, SC, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales acumen can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding those who develop expertise and consistently exceed performance expectations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $21,110 | $10.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $30,945 | $14.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $30,080 | $14.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $51,575 | $24.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $76,500 | $36.8 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$41,260
Gross Pay
Real Wage (Purchasing Power)
$41,260
Adjusted for COL (100)
The nominal average salary of $41,260 in Florence, SC, aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary locally is equivalent to the national average. Therefore, relocating to Florence for a sales role offers a cost-of-living advantage that helps to offset the lower nominal salary.
Job Market Context
8,730
Total Jobs
97.063
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Florence, SC has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
With a Location Quotient of 1.12, Florence, SC, exhibits a slightly higher concentration of Sales and Related Occupations compared to the national average. This suggests that the job market for these roles is not only stable but also potentially more competitive or abundant than in other regions. The presence of more sales professionals per capita indicates a developed industry that actively seeks and employs individuals in these capacities.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Sumter, SC Sales and Related Occupations Salary | $38,790↓ 6% | 38 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Sales and Related Occupations Salary | $39,670↓ 4% | 61 mi |
| Columbia, SC Sales and Related Occupations Salary | $45,900↑ 11% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Sales and Related Occupations Salary | $40,130↓ 3% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Sales and Related Occupations Salary | $36,850↓ 11% | 70 mi |
Comparing salaries near Florence, SC
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Florence, SC?
The median annual salary for a Sales and Related Occupations in Florence, SC is $41,260. This typically ranges from $21,110 for entry-level positions to $76,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 23.7% lower than the national median of $54,110.
Is Florence, SC a lucrative place for Sales and Related Occupationss?
No, but cost of living is average.While the average salary of $41,260 is below the national average, the local Cost of Living Index is exactly at the national average (100), meaning your earnings will have average purchasing power.
Is Florence, SC a good place to live for Sales and Related Occupations?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($38,790) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does Florence, SC compare to the national average for Sales salaries?
The average salary for Sales and Related Occupations in Florence, SC is $41,260, which is lower than the national average of $54,110.
What is the concentration of Sales jobs in Florence, SC?
Florence, SC has a Location Quotient of 1.12 for Sales and Related Occupations, indicating a slightly higher concentration than the national average.
Does the Cost of Living in Florence, SC affect the salary?
Yes, the Cost of Living Index in Florence, SC is 100, which is the national average. This means the $41,260 salary has average purchasing power locally.
How many Sales jobs are there per 1,000 workers in Florence, SC?
There are approximately 97.063 Sales and Related Occupations jobs per 1,000 workers in Florence, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,730 employees in the Florence, SC area with a job density of 97.063 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Florence, SC