Average Sales and Related Occupations Salary in Lexington-Fayette, KY
In Lexington-Fayette, KY, professionals in Sales and Related Occupations earn an average annual salary of $47,000. This figure is notably below the national average of $54,110, reflecting the specific economic dynamics and industry concentration within the region. Local market conditions and demand for sales expertise are key drivers influencing this compensation.
Executive Summary
- Average Salary: $47,000 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,990.
- Outlook: The Lexington-Fayette area supports a substantial workforce of 21,920 individuals in Sales and Related Occupations. With a jobs-per-1,000-workers ratio of 77.48, the sector demonstrates a consistent presence. The Location Quotient of 0.89 suggests that while sales roles are integral to the local economy, the concentration is slightly below the national average, indicating a stable but not exceptionally over-represented market.
Salary Overview
The average Sales and Related Occupations in Lexington-Fayette, KY earns-13.1%below the national average.
$22.6
$904
$3,917
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that sales occupations in Lexington-Fayette have experienced salary growth over the past four years, mirroring national trends. Economic expansion, evolving sales strategies, and inflation typically contribute to upward salary adjustments in most professional fields, including sales.
Sales and Related Occupations Salary Distribution in Lexington-Fayette, KY
Career progression in Sales and Related Occupations within Lexington-Fayette typically sees significant salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command substantially higher salaries. The widening gap between entry-level and senior-level compensation underscores the value of experience and expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,050 | $11.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $35,250 | $16.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,390 | $16.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $58,750 | $28.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $79,990 | $38.5 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$47,000
Gross Pay
Real Wage (Purchasing Power)
$47,000
Adjusted for COL (100)
The average annual salary of $47,000 in Lexington-Fayette aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a sales professional's income in Lexington is comparable to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
21,920
Total Jobs
77.48
Per 1K Jobs
0.89
Location Quotient
Lexington-Fayette, KY has 0.89x the national average concentration of Sales and Related Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.89 for Sales and Related Occupations in Lexington-Fayette indicates that the industry is slightly less concentrated than the national average. This suggests a competitive market where demand is steady but not overwhelmingly high compared to other sectors or regions. Professionals may find a balanced environment with opportunities available, but perhaps less intense competition for roles than in more saturated markets.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Sales and Related Occupations Salary | $39,150↓ 17% | 28 mi |
| South Central Kentucky nonmetropolitan area Sales and Related Occupations Salary | $38,330↓ 18% | 28 mi |
| West Kentucky nonmetropolitan area Sales and Related Occupations Salary | $37,860↓ 19% | 28 mi |
| East Kentucky nonmetropolitan area Sales and Related Occupations Salary | $33,960↓ 28% | 28 mi |
| Louisville/Jefferson County, KY-IN Sales and Related Occupations Salary | $51,670↑ 10% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Lexington-Fayette, KY?
The median annual salary for a Sales and Related Occupations in Lexington-Fayette, KY is $47,000. This typically ranges from $23,050 for entry-level positions to $79,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 13.1% lower than the national median of $54,110.
Is Lexington-Fayette, KY a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $47,000 is below the national average of $54,110, although the cost of living is on par with the national average.
Is Lexington-Fayette, KY a good place to live for Sales and Related Occupations?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($39,150) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette sales job market compare to the national average in terms of concentration?
The Location Quotient of 0.89 indicates that Sales and Related Occupations are slightly less concentrated in Lexington-Fayette compared to the national average, suggesting a moderately competitive job market.
What is the average salary for Sales and Related Occupations in Lexington-Fayette, KY?
The average annual salary for Sales and Related Occupations in Lexington-Fayette, KY is $47,000.
How does the cost of living in Lexington-Fayette, KY affect the salary?
With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the $47,000 salary has purchasing power equivalent to the national median.
What is the size of the Sales and Related Occupations workforce in Lexington-Fayette, KY?
The total local workforce for Sales and Related Occupations in Lexington-Fayette, KY is 21,920 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,920 employees in the Lexington-Fayette, KY area with a job density of 77.48 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 Lexington-Fayette, KY