SalaryNode

Average Sales and Related Occupations Salary in Providence-Warwick, RI-MA

In Providence-Warwick, RI-MA, professionals in Sales and Related Occupations earn an average annual salary of $53,980. This figure is remarkably close to the national average of $54,110, indicating a stable and competitive market. The local economic landscape and demand for sales expertise closely mirror national trends, making Providence a consistent environment for these roles.

Executive Summary

  • Average Salary: $53,980 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,100.
  • Outlook: The Providence-Warwick area boasts a substantial workforce of 62,140 individuals in Sales and Related Occupations. With a Location Quotient of 1.02, the concentration of these roles in the region is slightly above the national average, suggesting a healthy and robust job market with consistent demand for sales professionals.
2024 Market Data

Salary Overview

$53,980

The average Sales and Related Occupations in Providence-Warwick, RI-MA earns-0.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26

Weekly

$1,038

Monthly

$4,498

Sales and Related Occupations Salary Distribution in Providence-Warwick, RI-MA

Career progression in Sales and Related Occupations within Providence-Warwick typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with proven track records can command salaries in the upper percentiles, reflecting their expertise and contribution to revenue generation.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$30,310$14.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$40,485$19.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$37,010$17.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$67,475$32.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$95,100$45.7

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$53,980

Gross Pay

Real Wage (Purchasing Power)

$53,980

Adjusted for COL (100)

The average annual salary of $53,980 in Providence-Warwick aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a sales professional's income in this area is equivalent to the national average, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

62,140

Total Jobs

87.958

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

With a Location Quotient of 1.02, the Providence-Warwick, RI-MA market shows a slight concentration of Sales and Related Occupations compared to the national average. This indicates a competitive yet stable job market where demand for sales talent is robust and slightly more prevalent than in many other regions across the country.

Nearby Job Markets

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Providence-Warwick, RI-MA?

The median annual salary for a Sales and Related Occupations in Providence-Warwick, RI-MA is $53,980. This typically ranges from $30,310 for entry-level positions to $95,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 0.2% lower than the national median of $54,110.

Is Providence-Warwick, RI-MA a lucrative place for Sales and Related Occupationss?

Yes, it is a competitive place for Sales and Related Occupations.The average salary is nearly identical to the national average, and the cost of living is also at the national average, offering good earning potential. The slightly above-average location quotient suggests a healthy demand for these roles.

Is Providence-Warwick, RI-MA a good place to live for Sales and Related Occupations?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($54,780) and Worcester, MA.

How does the Providence-Warwick sales salary compare to the national average?

The average annual salary for Sales and Related Occupations in Providence-Warwick is $53,980, which is very close to the national average of $54,110.

What is the significance of the Location Quotient in Providence-Warwick?

A Location Quotient of 1.02 indicates that Sales and Related Occupations are slightly more concentrated in Providence-Warwick than the national average, suggesting a healthy job market for these professionals.

How does the cost of living affect the salary in Providence-Warwick?

The cost of living in Providence-Warwick is at the national average (100), meaning the $53,980 salary offers purchasing power equivalent to the national average, making it a balanced financial environment.

What is the total number of Sales and Related Occupations workers in Providence-Warwick?

There are 62,140 individuals employed in Sales and Related Occupations within the Providence-Warwick, RI-MA metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 62,140 employees in the Providence-Warwick, RI-MA area with a job density of 87.958 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.