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Average Sales and Related Occupations Salary in Southside Virginia nonmetropolitan area

In the Southside Virginia nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $42,340. This figure is notably below the national average of $54,110, reflecting regional economic factors and the specific demands of the local market. The lower average salary is often a characteristic of nonmetropolitan areas where the cost of doing business and the overall economic scale may differ significantly from national benchmarks.

Executive Summary

  • Average Salary: $42,340 per year.
  • Growth Trend: Salaries have shifted 26.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,760.
  • Outlook: The Sales and Related Occupations sector in Southside Virginia is supported by a substantial workforce of 9,580 individuals. With a Location Quotient of 1.07, this indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and perhaps growing demand within the region. The presence of nearly 94 jobs per 1,000 workers further underscores the importance of this sector to the local economy.
2024 Market Data

Salary Overview

$42,340

The average Sales and Related Occupations in Southside Virginia nonmetropolitan area earns-21.8%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$814

Monthly

$3,528

Sales and Related Occupations Salary Distribution in Southside Virginia 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 isn't available, the typical salary range widens considerably with experience, with senior roles commanding higher compensation. The gap between entry-level and senior salaries often signifies the value placed on accumulated expertise, client relationships, and proven sales performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,360$12.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$31,755$15.3
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$31,850$15.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$52,925$25.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$65,760$31.6

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$42,340

Gross Pay

Real Wage (Purchasing Power)

$42,340

Adjusted for COL (100)

The nominal average annual salary of $42,340 in Southside Virginia aligns perfectly with the national average Cost of Living Index of 100. This means that while the absolute salary is lower than the national average, the purchasing power of that salary within Southside Virginia is comparable to the national average. Therefore, the lower nominal wage is effectively offset by the local cost of living, making the financial proposition for residents relatively stable.

Job Market Context

9,580

Total Jobs

93.087

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Southside Virginia 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 1.07, the Sales and Related Occupations market in Southside Virginia is slightly more concentrated than the national average. This suggests that while the jobs are present and slightly more prevalent than in other areas, the market is not oversaturated. It indicates a healthy demand for sales professionals that aligns with the regional economic structure, offering a balanced environment for job seekers.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Southside Virginia nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Southside Virginia nonmetropolitan area?

The median annual salary for a Sales and Related Occupations in Southside Virginia nonmetropolitan area is $42,340. This typically ranges from $26,360 for entry-level positions to $65,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southside Virginia nonmetropolitan area is 21.8% lower than the national median of $54,110.

Is Southside Virginia nonmetropolitan area a lucrative place for Sales and Related Occupationss?

No, not in terms of nominal salary.The average salary of $42,340 is significantly lower than the national average. However, the cost of living is also at the national average, meaning purchasing power is comparable.

Is Southside Virginia nonmetropolitan area a good place to live for Sales and Related Occupations?

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

Where are the highest paying cities near Southside Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($48,960) and Richmond, VA.

How does the Southside Virginia salary compare to the national average?

The average annual salary for Sales and Related Occupations in Southside Virginia is $42,340, which is considerably lower than the national average of $54,110.

What is the concentration of Sales and Related Occupations jobs in Southside Virginia?

The concentration, measured by the Location Quotient, is 1.07, indicating a slightly higher presence of these jobs in Southside Virginia compared to the national average.

How does the Cost of Living in Southside Virginia affect the salary?

The Cost of Living Index in Southside Virginia is 100, which is the national average. This means the lower nominal salary of $42,340 has a purchasing power equivalent to the national average.

What is the total workforce size for Sales and Related Occupations in this region?

There are 9,580 individuals employed in Sales and Related Occupations within the Southside Virginia nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,580 employees in the Southside Virginia nonmetropolitan area area with a job density of 93.087 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.