Average Sales and Related Occupations Salary in Waterloo-Cedar Falls, IA
In Waterloo-Cedar Falls, IA, professionals in Sales and Related Occupations earn an average annual salary of $43,070. This figure is notably below the national average of $54,110, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The cost of living in Waterloo-Cedar Falls aligns perfectly with the national average, meaning that while nominal salaries are lower, purchasing power remains consistent.
Executive Summary
- Average Salary: $43,070 per year.
- Growth Trend: Salaries have shifted 19.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,720.
- Outlook: The local job market for Sales and Related Occupations in Waterloo-Cedar Falls, IA, comprises a substantial workforce of 7,390 individuals. With 86.477 jobs per 1,000 workers, the concentration is at the national average (Location Quotient of 1). This indicates a stable, albeit not rapidly expanding, demand for sales professionals, reflecting a mature market where opportunities are present but likely competitive.
Salary Overview
The average Sales and Related Occupations in Waterloo-Cedar Falls, IA earns-20.4%below the national average.
$20.7
$828
$3,589
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries for Sales and Related Occupations in most U.S. markets have experienced a modest upward trend. This growth is typically driven by inflation, increased demand for skilled sales personnel, and evolving compensation strategies across industries. Therefore, it's reasonable to infer that sales professionals in Waterloo-Cedar Falls have likely seen incremental salary increases over the past four years, mirroring broader economic patterns.
Sales and Related Occupations Salary Distribution in Waterloo-Cedar Falls, IA
Career progression in Sales and Related Occupations within Waterloo-Cedar Falls, IA, is typically marked by a significant increase in earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with proven track records and specialized skills can command substantially higher salaries. The percentile gaps in compensation clearly signify the value placed on experience, negotiation expertise, and the ability to drive revenue growth, offering a clear path for career advancement and increased earnings.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $24,500 | $11.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $32,303 | $15.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $34,280 | $16.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $53,838 | $25.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $75,720 | $36.4 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$43,070
Gross Pay
Real Wage (Purchasing Power)
$43,070
Adjusted for COL (100)
The nominal average salary of $43,070 in Waterloo-Cedar Falls, IA, is directly offset by its Cost of Living Index of 100, which is precisely the national average. This means that despite earning less than the national average in absolute terms, the purchasing power of a sales professional's income in Waterloo-Cedar Falls is equivalent to that of someone earning the national average in a location with a cost of living at 100. Consequently, the lower salary does not necessarily translate to a reduced standard of living locally.
Job Market Context
7,390
Total Jobs
86.477
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Waterloo-Cedar Falls, IA has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.
With a Location Quotient of 1, the Waterloo-Cedar Falls, IA market for Sales and Related Occupations is neither significantly over-represented nor under-represented compared to the national average. This suggests a balanced job market where the number of sales professionals aligns with the demand for their services. While this indicates a stable employment landscape, it also implies that competition for desirable roles may be moderate, requiring professionals to highlight their unique skills and experience.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Sales and Related Occupations Salary | $49,530↑ 15% | 50 mi |
| Southeast Iowa nonmetropolitan area Sales and Related Occupations Salary | $42,500↓ 1% | 55 mi |
| Northwest Iowa nonmetropolitan area Sales and Related Occupations Salary | $42,160↓ 2% | 55 mi |
| Northeast Iowa nonmetropolitan area Sales and Related Occupations Salary | $42,200↓ 2% | 55 mi |
| Southwest Iowa nonmetropolitan area Sales and Related Occupations Salary | $40,800↓ 5% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Waterloo-Cedar Falls, IA?
The median annual salary for a Sales and Related Occupations in Waterloo-Cedar Falls, IA is $43,070. This typically ranges from $24,500 for entry-level positions to $75,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 20.4% lower than the national median of $54,110.
Is Waterloo-Cedar Falls, IA a lucrative place for Sales and Related Occupationss?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the nominal salary for Sales and Related Occupations is significantly lower than the national average, indicating less lucrative earning potential locally.
Is Waterloo-Cedar Falls, IA a good place to live for Sales and Related Occupations?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($49,530) and Southeast Iowa nonmetropolitan area.
How does the Waterloo-Cedar Falls sales job market compare to the national average in terms of concentration?
The concentration of Sales and Related Occupations in Waterloo-Cedar Falls, IA, is exactly at the national average, indicated by a Location Quotient of 1. This signifies a balanced market where the proportion of sales jobs relative to the overall workforce matches the national trend.
What is the total number of people employed in Sales and Related Occupations in Waterloo-Cedar Falls, IA?
There are approximately 7,390 individuals employed in Sales and Related Occupations within the Waterloo-Cedar Falls, IA metropolitan area.
Does the cost of living in Waterloo-Cedar Falls, IA affect the value of the average sales salary?
No, the cost of living in Waterloo-Cedar Falls, IA, is exactly at the national average (100). This means the lower nominal salary of $43,070 holds equivalent purchasing power to the national average salary in a location with an average cost of living.
What is the average number of sales jobs per 1,000 workers in Waterloo-Cedar Falls, IA?
In Waterloo-Cedar Falls, IA, there are approximately 86.477 jobs per 1,000 workers within Sales and Related Occupations, which aligns with the national average concentration.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,390 employees in the Waterloo-Cedar Falls, IA area with a job density of 86.477 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 Waterloo-Cedar Falls, IA