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Average Sales and Related Occupations Salary in Maryland

In Maryland, professionals in Sales and Related Occupations earn an average annual salary of $48,840. This figure is notably below the national average of $54,110, suggesting that local market dynamics and potentially a higher cost of living influence compensation. Understanding these regional pay scales is crucial for career planning and salary negotiation within the state.

Executive Summary

  • Average Salary: $48,840 per year.
  • Growth Trend: Salaries have shifted 5.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,340.
  • Outlook: Maryland boasts a substantial workforce of 214,130 individuals in Sales and Related Occupations, representing a significant segment of the state's employment landscape. With a Location Quotient of 0.9, the concentration of these roles in Maryland is nearly on par with the national average, indicating a stable and established demand for sales professionals across various industries within the state.
2024 Market Data

Salary Overview

$48,840

The average Sales and Related Occupations in Maryland earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$939

Monthly

$4,070

Sales and Related Occupations Salary Distribution in Maryland

Career progression within Sales and Related Occupations in Maryland typically involves a significant salary increase with experience. Entry-level positions might 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, potentially reaching well into the six figures. The widening gap between entry-level and senior-level salaries reflects the value placed on experience and performance in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,200$15
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$36,630$17.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$36,450$17.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$61,050$29.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$80,340$38.6

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$48,840

Gross Pay

Real Wage (Purchasing Power)

$39,041

Adjusted for COL (125.1)

The average annual salary of $48,840 in Maryland for Sales and Related Occupations must be considered alongside the state's Cost of Living Index of 125.1. This index indicates that living expenses in Maryland are approximately 25.1% higher than the national average. Consequently, the purchasing power of the $48,840 salary is diminished, making it essential for individuals to carefully assess their financial needs and expectations when considering employment or relocation to the state.

Job Market Context

214,130

Total Jobs

77.97

Per 1K Jobs

0.9

Location Quotient

Below Average

Maryland has 0.90x 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.

With a Location Quotient of 0.9, Maryland's market for Sales and Related Occupations is slightly less concentrated than the national average. This suggests that while sales roles are prevalent and form a significant part of the state's economy, the job market may not be oversaturated. This equilibrium can indicate a healthy level of competition, offering opportunities for skilled professionals without an overwhelming number of candidates vying for each position.

Nearby Job Markets

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Maryland?

The median annual salary for a Sales and Related Occupations in Maryland is $48,840. This typically ranges from $31,200 for entry-level positions to $80,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 9.7% lower than the national median of $54,110.

Is Maryland a lucrative place for Sales and Related Occupationss?

No, not when considering the cost of living.While Maryland has a robust workforce in sales, the average salary of $48,840 is below the national average and significantly impacted by a high cost of living index of 125.1.

Is Maryland a good place to live for Sales and Related Occupations?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($56,990) and Baltimore-Columbia-Towson, MD.

How does Maryland's sales salary compare to the national average?

The average annual salary for Sales and Related Occupations in Maryland is $48,840, which is lower than the national average of $54,110.

What is the concentration of sales jobs in Maryland compared to the rest of the US?

Maryland has a Location Quotient of 0.9 for Sales and Related Occupations, indicating that the concentration of these jobs is slightly below the national average.

How does the cost of living affect the value of a $48,840 salary in Maryland?

With a Cost of Living Index of 125.1, Maryland is significantly more expensive than the national average, meaning a $48,840 salary will have less purchasing power than it would in a more affordable state.

How many people work in Sales and Related Occupations in Maryland?

There are approximately 214,130 individuals employed in Sales and Related Occupations in Maryland, representing a substantial portion of the state's workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 214,130 employees in the Maryland area with a job density of 77.97 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.