Average Sales and Related Occupations Salary in Minot, ND
In Minot, North Dakota, professionals in Sales and Related Occupations can expect an average annual salary of $48,030. This figure is notably below the national average of $54,110, suggesting that local market dynamics and potentially industry-specific demand in Minot influence compensation levels compared to the broader U.S. landscape.
Executive Summary
- Average Salary: $48,030 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,690.
- Outlook: The local market for Sales and Related Occupations in Minot, ND, appears stable with a total workforce of 3,430 individuals. The Location Quotient of 1.18 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, if not rapidly expanding, demand for sales professionals within the region.
Salary Overview
The average Sales and Related Occupations in Minot, ND earns-11.2%below the national average.
$23.1
$924
$4,003
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for Minot is not provided, it is reasonable to assume that, similar to national trends, sales occupations in Minot have experienced gradual salary growth over the past four years. Economic recovery and evolving sales strategies likely contribute to modest increases in compensation for experienced professionals in this sector.
Sales and Related Occupations Salary Distribution in Minot, ND
Career progression in Sales and Related Occupations typically leads to significant salary increases. 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 salaries well above the average. The percentile gaps in salary data underscore the substantial earning potential tied to experience and performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $28,230 | $13.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $36,023 | $17.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $36,970 | $17.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $60,038 | $28.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $77,690 | $37.4 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$48,030
Gross Pay
Real Wage (Purchasing Power)
$48,030
Adjusted for COL (100)
The average annual salary of $48,030 in Minot, ND, aligns perfectly with the national average cost of living (index of 100). This means that while the nominal salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making the local cost of living a neutral factor in assessing the real value of the salary.
Job Market Context
3,430
Total Jobs
102.338
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Minot, ND has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
With a Location Quotient of 1.18, Minot, North Dakota, 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 relatively robust and potentially less saturated than in areas with lower LQs, offering a competitive environment for both employers seeking talent and professionals looking for opportunities.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| West North Dakota nonmetropolitan area Sales and Related Occupations Salary | $53,130↑ 11% | 85 mi |
| East North Dakota nonmetropolitan area Sales and Related Occupations Salary | $47,750↓ 1% | 85 mi |
Comparing salaries near Minot, ND
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Minot, ND?
The median annual salary for a Sales and Related Occupations in Minot, ND is $48,030. This typically ranges from $28,230 for entry-level positions to $77,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minot, ND is 11.2% lower than the national median of $54,110.
Is Minot, ND a lucrative place for Sales and Related Occupationss?
No, not significantly more lucrative than the national average.The average salary of $48,030 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable. The slightly higher concentration of jobs (LQ 1.18) indicates steady demand but not necessarily higher pay.
Is Minot, ND a good place to live for Sales and Related Occupations?
The Cost of Living Index in Minot, ND is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minot, ND?
Some top paying nearby cities include West North Dakota nonmetropolitan area ($53,130) and East North Dakota nonmetropolitan area.
How does Minot's sales salary compare to the national average?
The average annual salary for Sales and Related Occupations in Minot, ND, is $48,030, which is lower than the national average of $54,110.
What is the cost of living in Minot, ND?
Minot, ND, has a cost of living index of 100, which is exactly the national average, meaning everyday expenses are neither significantly higher nor lower than the U.S. average.
Is there a strong demand for sales professionals in Minot?
The Location Quotient of 1.18 suggests a slightly higher concentration of sales jobs in Minot compared to the national average, indicating a stable and present demand for these roles.
How many sales-related jobs are there in Minot?
There are approximately 3,430 individuals employed in Sales and Related Occupations in Minot, ND, representing about 102.34 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,430 employees in the Minot, ND area with a job density of 102.338 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 Minot, ND