SalaryNode

Average Sales and Related Occupations Salary in Northeast Minnesota nonmetropolitan area

In the Northeast Minnesota nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $39,890. This figure stands notably below the national average of $54,110, suggesting that regional economic factors and industry demand play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $39,890 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,070.
  • Outlook: The sales and related occupations sector in Northeast Minnesota's nonmetropolitan area represents a substantial segment of the local economy, with a total workforce of 3,990 individuals. The jobs per 1,000 workers metric indicates a strong presence, and a Location Quotient of 1.06 suggests that this sector is slightly more concentrated here than the national average, pointing to a stable and potentially growing demand for sales professionals.
2024 Market Data

Salary Overview

$39,890

The average Sales and Related Occupations in Northeast Minnesota nonmetropolitan area earns-26.3%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$767

Monthly

$3,324

Sales and Related Occupations Salary Distribution in Northeast Minnesota nonmetropolitan area

Within Sales and Related Occupations, career progression significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command considerably higher salaries. The percentile gaps between entry-level and senior roles signify clear opportunities for career advancement and increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$25,260$12.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$29,918$14.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$33,020$15.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$49,863$24
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$60,070$28.9

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$39,890

Gross Pay

Real Wage (Purchasing Power)

$39,890

Adjusted for COL (100)

The average annual salary of $39,890 in Northeast Minnesota's nonmetropolitan area 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 comparable to the national standard, making it a neutral factor for relocation considerations from a cost perspective.

Job Market Context

3,990

Total Jobs

91.701

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Northeast Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

With a Location Quotient of 1.06, the Northeast Minnesota nonmetropolitan area exhibits a slightly higher concentration of Sales and Related Occupations compared to the national average. This indicates a healthy, albeit not overwhelmingly dominant, market for sales professionals, suggesting a competitive yet accessible environment for those seeking employment in this field.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Northeast Minnesota nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Northeast Minnesota nonmetropolitan area?

The median annual salary for a Sales and Related Occupations in Northeast Minnesota nonmetropolitan area is $39,890. This typically ranges from $25,260 for entry-level positions to $60,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Minnesota nonmetropolitan area is 26.3% lower than the national median of $54,110.

Is Northeast Minnesota nonmetropolitan area a lucrative place for Sales and Related Occupationss?

No, not when compared to national averages.The average salary of $39,890 is significantly lower than the national average of $54,110. However, the cost of living is also at the national average, meaning purchasing power is comparable.

Is Northeast Minnesota nonmetropolitan area a good place to live for Sales and Related Occupations?

The Cost of Living Index in Northeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($48,510) and Minneapolis-St. Paul-Bloomington, MN-WI.

How does the total workforce size affect job opportunities?

A total workforce of 3,990 in sales and related occupations suggests a substantial local market, offering a decent number of potential roles and opportunities for both new entrants and experienced professionals.

What does a Location Quotient of 1.06 mean for job seekers?

A Location Quotient of 1.06 indicates that sales occupations are slightly more prevalent in this nonmetropolitan area than the national average, suggesting a slightly more favorable job market concentration.

How does the Cost of Living Index impact the salary?

With a Cost of Living Index of 100, the $39,890 salary has the same purchasing power as the national average, meaning that despite the lower nominal wage, the standard of living is comparable to the national benchmark.

Are there many sales jobs per capita in this region?

With 91.701 jobs per 1,000 workers, there is a notable presence of sales roles relative to the general workforce, indicating consistent demand within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,990 employees in the Northeast Minnesota nonmetropolitan area area with a job density of 91.701 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.