Average Sales and Related Occupations Salary in Laredo, TX
In Laredo, TX, professionals in Sales and Related Occupations earn an average annual salary of $37,510. This figure is notably below the national average of $54,110, suggesting that local economic factors and market demand play a significant role in compensation within this sector in the region.
Executive Summary
- Average Salary: $37,510 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,300.
- Outlook: With a local workforce of 9,400 individuals in Sales and Related Occupations, and a Location Quotient of 1.02, the job market in Laredo demonstrates a concentration that is slightly above the national average. This indicates a stable, albeit not rapidly expanding, demand for sales professionals, suggesting a consistent need for talent within the Laredo economy.
Salary Overview
The average Sales and Related Occupations in Laredo, TX earns-30.7%below the national average.
$18
$721
$3,126
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for Laredo's Sales and Related Occupations is not provided, it is generally assumed that salaries within this sector have experienced modest growth over the past four years, mirroring national trends. Economic recovery and evolving consumer behaviors likely contribute to a gradual upward adjustment in compensation for sales roles across the country, including Laredo.
Sales and Related Occupations Salary Distribution in Laredo, TX
Career progression in Sales and Related Occupations typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior sales executives or managers with proven track records can command substantially higher earnings. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $20,320 | $9.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $28,133 | $13.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $28,950 | $13.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $46,888 | $22.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $62,300 | $30 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$37,510
Gross Pay
Real Wage (Purchasing Power)
$37,510
Adjusted for COL (100)
The average annual salary of $37,510 in Laredo aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that while the nominal income is lower than the national average, the purchasing power of a Laredo-based sales professional is comparable to that of their national counterparts, assuming a similar lifestyle.
Job Market Context
9,400
Total Jobs
88.594
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Laredo, TX has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
A Location Quotient of 1.02 for Sales and Related Occupations in Laredo signifies that the concentration of these jobs in the local workforce is just slightly higher than the national average. This suggests a competitive yet stable job market, where opportunities exist but are not overwhelmingly abundant, requiring professionals to be well-equipped with relevant skills and experience.
Nearby Job Markets
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Frequently Asked Questions
How much does a Sales and Related Occupations make in Laredo, TX?
The median annual salary for a Sales and Related Occupations in Laredo, TX is $37,510. This typically ranges from $20,320 for entry-level positions to $62,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Laredo, TX is 30.7% lower than the national median of $54,110.
Is Laredo, TX a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average salary of $37,510 is significantly lower than the national average of $54,110 for Sales and Related Occupations.
Is Laredo, TX a good place to live for Sales and Related Occupations?
The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.
How does the Laredo sales job market compare to the national average in terms of concentration?
Laredo's job market for Sales and Related Occupations has a Location Quotient of 1.02, indicating a concentration that is only slightly above the national average, suggesting a stable but not disproportionately large presence of these roles.
What is the average salary for Sales and Related Occupations in Laredo, TX?
The average annual salary for Sales and Related Occupations in Laredo, TX is $37,510.
How does the cost of living in Laredo affect the purchasing power of sales professionals?
With a Cost of Living Index of 100, Laredo's cost of living is exactly at the national average. This means the $37,510 salary offers a purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total number of people employed in Sales and Related Occupations in Laredo?
There are approximately 9,400 individuals employed in Sales and Related Occupations within the Laredo workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,400 employees in the Laredo, TX area with a job density of 88.594 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 Laredo, TX