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Average Sales and Related Occupations Salary in Southwest Virginia nonmetropolitan area

In the Southwest Virginia nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $40,370. This figure is notably below the national average of $54,110, reflecting regional economic factors and industry concentration. The local pay scale is intrinsically tied to the specific economic landscape and demand within this nonmetropolitan region.

Executive Summary

  • Average Salary: $40,370 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,520.
  • Outlook: With a local workforce of 11,390 individuals in Sales and Related Occupations, and a Location Quotient of 1.12, the job market in Southwest Virginia exhibits a slightly higher concentration than the national average. This suggests a stable, albeit not rapidly expanding, demand for sales professionals within the region, indicating a consistent need for these roles within the local economy.
2024 Market Data

Salary Overview

$40,370

The average Sales and Related Occupations in Southwest Virginia nonmetropolitan area earns-25.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.4

Weekly

$776

Monthly

$3,364

Sales and Related Occupations Salary Distribution in Southwest Virginia nonmetropolitan area

Career progression in Sales and Related Occupations typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, characterized by extensive experience and proven track records, command higher compensation. The percentile gaps in salary distribution underscore the substantial earning potential as professionals advance through different career stages.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$26,490$12.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$30,278$14.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$31,160$15
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$50,463$24.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$61,520$29.6

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$40,370

Gross Pay

Real Wage (Purchasing Power)

$40,370

Adjusted for COL (100)

The average annual salary of $40,370 in Southwest Virginia nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. 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 the effective financial standing comparable.

Job Market Context

11,390

Total Jobs

96.711

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Southwest Virginia nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

A Location Quotient of 1.12 indicates that Sales and Related Occupations are 12% more concentrated in Southwest Virginia nonmetropolitan area than the national average. This suggests a healthy presence and potentially a competitive market for sales talent, with more job opportunities relative to the overall workforce compared to the nation.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Southwest Virginia nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

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

The median annual salary for a Sales and Related Occupations in Southwest Virginia nonmetropolitan area is $40,370. This typically ranges from $26,490 for entry-level positions to $61,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Virginia nonmetropolitan area is 25.4% lower than the national median of $54,110.

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

No, not exceptionally lucrative compared to national averages.The average salary of $40,370 is significantly lower than the national average of $54,110, although the cost of living is on par with the national average.

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

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

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

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

How does the local salary compare to the national average?

The average annual salary for Sales and Related Occupations in Southwest Virginia nonmetropolitan area is $40,370, which is considerably less than the national average of $54,110.

What is the concentration of Sales jobs in this region?

The Location Quotient of 1.12 indicates that Sales and Related Occupations are 12% more concentrated in this region compared to the national average, suggesting a slightly higher prevalence of these roles.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the local salary of $40,370 has the same purchasing power as the national average, meaning expenses are neither significantly higher nor lower than the national norm.

What is the total workforce size for these roles locally?

There are 11,390 individuals employed in Sales and Related Occupations within the Southwest 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 11,390 employees in the Southwest Virginia nonmetropolitan area area with a job density of 96.711 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.