SalaryNode

Average Sales and Related Occupations Salary in Upper Peninsula of Michigan nonmetropolitan area

In the Upper Peninsula of Michigan's nonmetropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $40,910. This figure is notably below the national average of $54,110. The localized economic conditions and industry demand within this specific region are primary drivers for this salary differential.

Executive Summary

  • Average Salary: $40,910 per year.
  • Growth Trend: Salaries have shifted 26.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,120.
  • Outlook: The Upper Peninsula of Michigan's nonmetropolitan area supports a substantial workforce of 10,050 individuals in Sales and Related Occupations. With a Location Quotient of 1.04, the concentration of these roles is slightly above the national average, indicating a stable and present demand for sales professionals within the region's economy.
2024 Market Data

Salary Overview

$40,910

The average Sales and Related Occupations in Upper Peninsula of Michigan nonmetropolitan area earns-24.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.7

Weekly

$787

Monthly

$3,409

Sales and Related Occupations Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

Career progression in Sales and Related Occupations within the Upper Peninsula typically sees a significant salary increase with experience. Entry-level positions might hover closer to the lower end of the pay scale, while seasoned professionals with a proven track record can command substantially higher earnings, with percentile gaps clearly signifying opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$24,610$11.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$30,683$14.8
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$33,290$16
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$51,138$24.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$64,120$30.8

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$40,910

Gross Pay

Real Wage (Purchasing Power)

$40,910

Adjusted for COL (100)

The nominal average annual salary of $40,910 in the Upper Peninsula of Michigan's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

10,050

Total Jobs

90.392

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Upper Peninsula of Michigan nonmetropolitan area has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

A Location Quotient of 1.04 for Sales and Related Occupations in the Upper Peninsula of Michigan's nonmetropolitan area suggests that the job market for these roles is slightly more concentrated than the national average. This indicates a healthy, stable demand that is marginally higher than what might be expected based on the general workforce distribution, implying a competitive yet accessible market for sales professionals.

Nearby Job Markets

Nearby Cities for Sales and Related Occupations

Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Sales and Related Occupations in Upper Peninsula of Michigan nonmetropolitan area is $40,910. This typically ranges from $24,610 for entry-level positions to $64,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 24.4% lower than the national median of $54,110.

Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Sales and Related Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $40,910 is significantly lower than the national average of $54,110. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Sales and Related Occupations?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($49,290) and Saginaw, MI.

What is the total number of Sales and Related Occupations jobs in the Upper Peninsula?

There are approximately 10,050 individuals employed in Sales and Related Occupations within the Upper Peninsula of Michigan's nonmetropolitan area.

How does the concentration of sales jobs in the Upper Peninsula compare to the national average?

The concentration of sales jobs, indicated by a Location Quotient of 1.04, is slightly higher than the national average, suggesting a marginally greater presence of these roles in the region.

What is the purchasing power of a $40,910 salary in the Upper Peninsula?

With a Cost of Living Index of 100, the purchasing power of a $40,910 salary in the Upper Peninsula is equivalent to the national average.

Are there significant salary increases for experienced sales professionals in this region?

Yes, experience typically leads to substantial salary increases, with clear percentile gaps indicating significant career progression and earning potential for senior roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,050 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 90.392 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.