Average Sales and Related Occupations Salary in Monroe, MI
In Monroe, MI, professionals in Sales and Related Occupations earn an average annual salary of $46,310. This figure is notably below the national average of $54,110, suggesting that local market dynamics, such as industry concentration and regional economic factors, play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $46,310 per year.
- Growth Trend: Salaries have shifted 19.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,780.
- Outlook: The sales and related occupations sector in Monroe, MI, comprises a substantial workforce of 3,680 individuals. With a Location Quotient of 1.04, this indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand for sales professionals within the local economy.
Salary Overview
The average Sales and Related Occupations in Monroe, MI earns-14.4%below the national average.
$22.3
$891
$3,859
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Sales and Related Occupations across the nation have experienced consistent growth over the past four years, driven by evolving market demands and inflation. It is reasonable to assume that Monroe, MI, has likely mirrored this trend, with incremental salary increases for sales professionals reflecting broader economic patterns.
Sales and Related Occupations Salary Distribution in Monroe, MI
Salary progression within Sales and Related Occupations in Monroe, MI, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, characterized by extensive experience and proven sales records, command significantly higher compensation. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,830 | $12.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $34,733 | $16.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,670 | $16.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $57,888 | $27.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $80,780 | $38.8 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$46,310
Gross Pay
Real Wage (Purchasing Power)
$46,310
Adjusted for COL (100)
The average annual salary of $46,310 in Monroe, MI, 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 this income is equivalent to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
3,680
Total Jobs
90.141
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Monroe, MI has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
With a Location Quotient of 1.04, Monroe, MI, 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 robust and potentially more competitive than in other regions, offering a good number of opportunities for skilled sales professionals.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Toledo, OH Sales and Related Occupations Salary | $46,420↑ 0% | 20 mi |
| Ann Arbor, MI Sales and Related Occupations Salary | $58,860↑ 27% | 31 mi |
| Detroit-Warren-Dearborn, MI Sales and Related Occupations Salary | $55,590↑ 20% | 34 mi |
| Sandusky, OH Sales and Related Occupations Salary | $41,650↓ 10% | 48 mi |
| Jackson, MI Sales and Related Occupations Salary | $45,240↓ 2% | 57 mi |
Comparing salaries near Monroe, MI
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Monroe, MI?
The median annual salary for a Sales and Related Occupations in Monroe, MI is $46,310. This typically ranges from $26,830 for entry-level positions to $80,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, MI is 14.4% lower than the national median of $54,110.
Is Monroe, MI a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $46,310 is below the national average of $54,110, although the cost of living is on par with the national average.
Is Monroe, MI a good place to live for Sales and Related Occupations?
The Cost of Living Index in Monroe, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, MI?
Some top paying nearby cities include Toledo, OH ($46,420) and Ann Arbor, MI.
What is the average salary for Sales and Related Occupations in Monroe, MI?
The average annual salary for Sales and Related Occupations in Monroe, MI, is $46,310.
How does Monroe, MI's salary compare to the national average?
The average salary in Monroe, MI ($46,310) is lower than the national average salary of $54,110 for Sales and Related Occupations.
What is the Cost of Living Index in Monroe, MI?
The Cost of Living Index in Monroe, MI, is 100, which is the national average.
How concentrated are Sales and Related Occupations jobs in Monroe, MI?
Sales and Related Occupations are slightly more concentrated in Monroe, MI, with a Location Quotient of 1.04, indicating a presence slightly above the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,680 employees in the Monroe, MI area with a job density of 90.141 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 Monroe, MI