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Average Sales and Related Occupations Salary in Raleigh-Cary, NC

In Raleigh-Cary, NC, professionals in Sales and Related Occupations earn an average annual salary of $56,640. This figure slightly surpasses the national average of $54,110, indicating a favorable compensation landscape within the region. The local economic drivers and demand for sales expertise contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $56,640 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,610.
  • Outlook: The Raleigh-Cary area boasts a substantial local workforce of 71,840 individuals in Sales and Related Occupations, with a concentration quotient of 1.15. This indicates a market that is slightly more concentrated than the national average, suggesting a robust and active job market with a significant presence of sales roles.
2024 Market Data

Salary Overview

$56,640

The average Sales and Related Occupations in Raleigh-Cary, NC earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,089

Monthly

$4,720

Sales and Related Occupations Salary Distribution in Raleigh-Cary, NC

Career progression in Sales and Related Occupations typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and management positions command salaries in the higher percentiles, reflecting accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,000$12.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$42,480$20.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$38,520$18.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$70,800$34
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$103,610$49.8

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$56,640

Gross Pay

Real Wage (Purchasing Power)

$56,640

Adjusted for COL (100)

With a Cost of Living Index of 100, Raleigh-Cary, NC, is at the national average for living expenses. The nominal average salary of $56,640 therefore translates directly to purchasing power equivalent to the national average, making it a stable financial environment for sales professionals.

Job Market Context

71,840

Total Jobs

99.277

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Raleigh-Cary, NC has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

A Location Quotient of 1.15 signifies that Sales and Related Occupations are 15% more concentrated in Raleigh-Cary than the national average. This suggests a healthy demand for these roles and a potentially competitive market where employers actively seek skilled sales talent.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Raleigh-Cary, NC

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Raleigh-Cary, NC?

The median annual salary for a Sales and Related Occupations in Raleigh-Cary, NC is $56,640. This typically ranges from $26,000 for entry-level positions to $103,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 4.7% higher than the national median of $54,110.

Is Raleigh-Cary, NC a lucrative place for Sales and Related Occupationss?

Yes, Raleigh-Cary, NC offers a slightly above-average earning potential for Sales and Related Occupations.The average salary of $56,640 in Raleigh-Cary exceeds the national average, and with a Cost of Living Index at 100, your earnings maintain strong purchasing power.

Is Raleigh-Cary, NC a good place to live for Sales and Related Occupations?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($59,610) and Rocky Mount, NC.

How does the Raleigh-Cary sales job market compare to the national average?

The job market in Raleigh-Cary is slightly more concentrated with Sales and Related Occupations, indicated by a Location Quotient of 1.15, suggesting a robust local demand.

What is the significance of the Location Quotient (LQ) for sales jobs in Raleigh-Cary?

An LQ of 1.15 means that Sales and Related Occupations are 15% more prevalent in Raleigh-Cary compared to the national average, indicating a strong presence and likely demand for these roles.

How does the cost of living in Raleigh-Cary affect the average sales salary?

The Cost of Living Index in Raleigh-Cary is 100, which is the national average. This means the $56,640 average salary provides purchasing power equivalent to the national average.

What is the total number of people employed in Sales and Related Occupations in Raleigh-Cary?

There are 71,840 individuals employed in Sales and Related Occupations within the Raleigh-Cary, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 71,840 employees in the Raleigh-Cary, NC area with a job density of 99.277 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.