SalaryNode

Average Sales and Related Occupations Salary in Northwest Minnesota nonmetropolitan area

In the Northwest Minnesota nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $42,620. This figure is notably below the national average of $54,110, reflecting the unique economic dynamics and potentially lower demand for these roles in a nonmetropolitan setting. The specific pay scales in this region are often influenced by local industry needs and the overall economic landscape.

Executive Summary

  • Average Salary: $42,620 per year.
  • Growth Trend: Salaries have shifted 12.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,710.
  • Outlook: With a substantial local workforce of 17,430 individuals in Sales and Related Occupations, the job market in Northwest Minnesota demonstrates a significant presence. The Location Quotient of 1.05 indicates a concentration of these roles that is slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand for sales professionals within the region.
2024 Market Data

Salary Overview

$42,620

The average Sales and Related Occupations in Northwest Minnesota nonmetropolitan area earns-21.2%below the national average.

BreakdownBased on 40h/week
Hourly

$20.5

Weekly

$820

Monthly

$3,552

Sales and Related Occupations Salary Distribution in Northwest Minnesota nonmetropolitan area

Career progression in Sales and Related Occupations typically involves a significant salary increase from entry-level to senior positions. While specific percentile data for Northwest Minnesota is unavailable, the expected salary range widens considerably with experience, with senior roles commanding substantially higher compensation than those starting out, reflecting accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$27,010$13
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$31,965$15.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$35,060$16.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$53,275$25.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$65,710$31.6

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$42,620

Gross Pay

Real Wage (Purchasing Power)

$42,620

Adjusted for COL (100)

The nominal average annual salary of $42,620 in Northwest Minnesota aligns precisely with the national average Cost of Living Index of 100. This suggests that while the take-home pay is lower than the national average, the purchasing power of this salary within the region is comparable to the national standard, making it a neutral factor for relocation considerations.

Job Market Context

17,430

Total Jobs

90.641

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Northwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

The Location Quotient of 1.05 for Sales and Related Occupations in Northwest Minnesota indicates a job market that is slightly more concentrated than the national average. This suggests a healthy, stable demand for these roles, implying that while the market is not oversaturated, there are sufficient opportunities for skilled professionals to find employment within the region.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Northwest Minnesota nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

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

The median annual salary for a Sales and Related Occupations in Northwest Minnesota nonmetropolitan area is $42,620. This typically ranges from $27,010 for entry-level positions to $65,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Minnesota nonmetropolitan area is 21.2% lower than the national median of $54,110.

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

No, it is not considered a highly lucrative area.The average salary of $42,620 is significantly lower than the national average, despite a cost of living that is on par with the national average.

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

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

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

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

How does the local workforce size impact sales job opportunities?

A local workforce of 17,430 in Sales and Related Occupations suggests a substantial presence of these roles, indicating a consistent demand and a sizable market for sales professionals in Northwest Minnesota.

What does a Location Quotient of 1.05 mean for sales professionals?

A Location Quotient of 1.05 signifies that Sales and Related Occupations are slightly more concentrated in Northwest Minnesota than the national average, implying a stable and slightly above-average presence of these jobs.

How does the cost of living in Northwest Minnesota compare nationally?

Northwest Minnesota has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of salaries in this region is comparable to the national standard.

What is the average number of sales jobs per 1,000 workers in this region?

There are approximately 90.641 jobs per 1,000 workers in Sales and Related Occupations in Northwest Minnesota, indicating a solid representation of these roles within the local labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 17,430 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 90.641 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.