Average Sales and Related Occupations Salary in Southwest Minnesota nonmetropolitan area
In the Southwest Minnesota nonmetropolitan area, professionals in Sales and Related Occupations can expect an average annual salary of $45,860. This figure is notably below the national average of $54,110, suggesting that regional economic factors and industry concentration play a significant role in compensation within this locale.
Executive Summary
- Average Salary: $45,860 per year.
- Growth Trend: Salaries have shifted 15.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,250.
- Outlook: With a substantial local workforce of 10,460 individuals in Sales and Related Occupations, and a Location Quotient of 1.02, the job market in Southwest Minnesota indicates a stable and slightly above-average concentration of these roles compared to the national landscape. This suggests a consistent demand for sales professionals within the region's economic structure.
Salary Overview
The average Sales and Related Occupations in Southwest Minnesota nonmetropolitan area earns-15.2%below the national average.
$22.1
$882
$3,822
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales and Related Occupations in Southwest Minnesota have experienced gradual growth over the past four years, mirroring national trends. Economic development and evolving market demands likely contribute to incremental increases in average compensation for these roles.
Sales and Related Occupations Salary Distribution in Southwest Minnesota nonmetropolitan area
Career progression in Sales and Related Occupations typically involves a significant salary increase from entry-level to senior positions. The percentile gaps in earnings signify the value placed on experience, specialized skills, and proven sales performance, offering a clear path for career advancement and higher earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $26,560 | $12.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $34,395 | $16.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,950 | $16.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $57,325 | $27.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $77,250 | $37.1 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$45,860
Gross Pay
Real Wage (Purchasing Power)
$45,860
Adjusted for COL (100)
The average annual salary of $45,860 in Southwest Minnesota aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
10,460
Total Jobs
88.616
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Southwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
A Location Quotient of 1.02 for Sales and Related Occupations in Southwest Minnesota suggests that this sector is slightly more concentrated in the region than the national average. This indicates a healthy, albeit not overwhelmingly dominant, presence of sales roles, implying a competitive yet accessible market for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Sales and Related Occupations Salary | $48,510↑ 6% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Sales and Related Occupations Salary | $60,290↑ 31% | 58 mi |
Comparing salaries near Southwest Minnesota nonmetropolitan area
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Southwest Minnesota nonmetropolitan area?
The median annual salary for a Sales and Related Occupations in Southwest Minnesota nonmetropolitan area is $45,860. This typically ranges from $26,560 for entry-level positions to $77,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Minnesota nonmetropolitan area is 15.2% lower than the national median of $54,110.
Is Southwest Minnesota nonmetropolitan area a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $45,860 is below the national average of $54,110, although the cost of living is also at the national average. This suggests that while your money may go as far, the overall earning potential is somewhat limited in this region.
Is Southwest Minnesota nonmetropolitan area a good place to live for Sales and Related Occupations?
The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest 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 salary compare to the national average?
The average annual salary for Sales and Related Occupations in Southwest Minnesota is $45,860, which is lower than the national average of $54,110.
What is the cost of living in Southwest Minnesota compared to the nation?
The Cost of Living Index in Southwest Minnesota is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How concentrated are Sales and Related Occupations jobs in this area?
With a Location Quotient of 1.02, Sales and Related Occupations are slightly more concentrated in Southwest Minnesota than the national average, suggesting a stable job market for these roles.
What is the total number of people employed in Sales and Related Occupations locally?
There are approximately 10,460 individuals employed in Sales and Related Occupations within the Southwest Minnesota 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 10,460 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 88.616 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Southwest Minnesota nonmetropolitan area