Average Sales and Related Occupations Salary in Kokomo, IN
In Kokomo, IN, professionals in Sales and Related Occupations earn an average annual salary of $41,350. This figure is notably below the national average of $54,110, reflecting localized economic conditions and industry demand within the region. The specific pay scales in Kokomo are intrinsically tied to the area's economic drivers and the prevalence of sales-focused industries.
Executive Summary
- Average Salary: $41,350 per year.
- Growth Trend: Salaries have shifted 23.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,280.
- Outlook: Kokomo, IN supports a substantial workforce of 3,310 individuals in Sales and Related Occupations. The Location Quotient of 1.08 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and perhaps growing demand for sales professionals within the local market. This concentration points to a robust job market that is at least on par with, if not slightly exceeding, national employment patterns for this sector.
Salary Overview
The average Sales and Related Occupations in Kokomo, IN earns-23.6%below the national average.
$19.9
$795
$3,446
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales and Related Occupations in Kokomo, IN have experienced growth over the past four years, mirroring national trends of wage increases driven by inflation and evolving market demands. This general upward trajectory suggests a positive outlook for compensation in the sales field within the region.
Sales and Related Occupations Salary Distribution in Kokomo, IN
Career progression in Sales and Related Occupations typically involves a significant salary increase from entry-level to senior positions. The gap between lower and higher percentile earnings signifies the substantial rewards for accumulating experience, developing specialized skills, and achieving higher sales targets. This percentile distribution highlights clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,040 | $11.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $31,013 | $14.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $31,050 | $14.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $51,688 | $24.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $64,280 | $30.9 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$41,350
Gross Pay
Real Wage (Purchasing Power)
$41,350
Adjusted for COL (100)
The average annual salary of $41,350 in Kokomo, IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary may seem lower than the national average, the purchasing power of this income is equivalent to the national standard, making it a balanced financial proposition for residents.
Job Market Context
3,310
Total Jobs
93.243
Per 1K Jobs
1.08
Location Quotient
With a location quotient of 1.08, Kokomo, IN has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
With a Location Quotient of 1.08, Kokomo, IN demonstrates a slightly higher concentration of Sales and Related Occupations professionals than the national average. This suggests that the job market is competitive but also indicates a healthy demand for these roles, as the local economy has a greater need for sales expertise relative to its overall workforce size.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Lafayette-West Lafayette, IN Sales and Related Occupations Salary | $44,990↑ 9% | 39 mi |
| Muncie, IN Sales and Related Occupations Salary | $40,920↓ 1% | 43 mi |
| Northern Indiana nonmetropolitan area Sales and Related Occupations Salary | $44,510↑ 8% | 43 mi |
| Southern Indiana nonmetropolitan area Sales and Related Occupations Salary | $41,600↑ 1% | 43 mi |
| Central Indiana nonmetropolitan area Sales and Related Occupations Salary | $42,390↑ 3% | 43 mi |
Comparing salaries near Kokomo, IN
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Kokomo, IN?
The median annual salary for a Sales and Related Occupations in Kokomo, IN is $41,350. This typically ranges from $23,040 for entry-level positions to $64,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 23.6% lower than the national median of $54,110.
Is Kokomo, IN a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $41,350 is significantly lower than the national average of $54,110. The slightly above-average concentration of jobs suggests stable demand but not necessarily higher pay.
Is Kokomo, IN a good place to live for Sales and Related Occupations?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($44,990) and Muncie, IN.
What is the average salary for Sales and Related Occupations in Kokomo, IN?
The average annual salary for Sales and Related Occupations in Kokomo, IN is $41,350.
How does Kokomo's cost of living compare to the national average?
Kokomo, IN has a Cost of Living Index of 100, which is exactly the national average.
Is there a high demand for sales professionals in Kokomo, IN?
The Location Quotient of 1.08 suggests a slightly higher concentration of sales roles than the national average, indicating a stable to good demand.
How many people work in Sales and Related Occupations in Kokomo, IN?
There are approximately 3,310 individuals employed in Sales and Related Occupations in Kokomo, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,310 employees in the Kokomo, IN area with a job density of 93.243 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 Kokomo, IN