Average Sales Managers Salary in Florence, SC
Sales Managers in Florence, SC, command an average annual salary of $132,800. This figure is notably below the national average of $161,040, suggesting that local market dynamics and industry demand in Florence play a significant role in compensation levels. While the nominal salary is substantial, understanding its purchasing power within the local economy is crucial.
Executive Summary
- Average Salary: $132,800 per year.
- Growth Trend: Salaries have shifted 11.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $231,390.
- Outlook: The Florence, SC market for Sales Managers appears stable, with a local workforce of 300 individuals in this role. The Location Quotient of 0.85 indicates a slightly lower concentration of Sales Managers compared to the national average, suggesting a balanced demand that is not oversaturated. With 3.321 jobs per 1,000 workers, the presence of Sales Managers is consistent with broader employment trends.
Salary Overview
The average Sales Managers in Florence, SC earns-17.5%below the national average.
$63.8
$2,554
$11,067
Sales Managers Salary Trends (2020-2024)
While specific historical data for Florence, SC is not provided, it is reasonable to assume that salaries for Sales Managers have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving sales strategies, and increased demand for skilled leadership likely contribute to upward pressure on compensation, even in localized markets.
Sales Managers Salary Distribution in Florence, SC
The salary range for Sales Managers in Florence, SC, naturally escalates with experience. Entry-level positions typically start at the lower end of the spectrum, while senior Sales Managers with extensive track records and proven leadership skills can command salaries significantly higher than the average. The percentile gaps in earnings signify clear career progression pathways and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,130 | $28.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $99,600 | $47.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $123,690 | $59.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $166,000 | $79.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $231,390 | $111.2 |
Detailed Sales Managers Market Analysis
Relocation Context
Nominal Salary
$132,800
Gross Pay
Real Wage (Purchasing Power)
$132,800
Adjusted for COL (100)
With an average annual salary of $132,800 and a Cost of Living Index of 100, the nominal income in Florence, SC, directly translates to national average purchasing power. This means that the salary earned by a Sales Manager in Florence will afford them a lifestyle comparable to that of a Sales Manager in a typical U.S. city, without significant financial advantages or disadvantages related to the cost of goods and services.
Job Market Context
300
Total Jobs
3.321
Per 1K Jobs
0.85
Location Quotient
Florence, SC has 0.85x the national average concentration of Sales Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.85 for Sales Managers in Florence, SC, suggests that the profession is slightly less concentrated than the national average. This indicates that while the role is present and valued, the market is not exceptionally competitive due to an overabundance of candidates. This can present opportunities for skilled professionals seeking roles in a less saturated environment.
Nearby Job Markets
Nearby Cities for Sales Managers
| City | Salary | Dist. |
|---|---|---|
| Sumter, SC Sales Managers Salary | $137,740↑ 4% | 38 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Sales Managers Salary | $121,270↓ 9% | 61 mi |
| Columbia, SC Sales Managers Salary | $133,850↑ 1% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Sales Managers Salary | $133,290↑ 0% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Sales Managers Salary | $119,940↓ 10% | 70 mi |
Comparing salaries near Florence, SC
Hiring Sales Managerss?
Frequently Asked Questions
How much does a Sales Managers make in Florence, SC?
The median annual salary for a Sales Managers in Florence, SC is $132,800. This typically ranges from $60,130 for entry-level positions to $231,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 17.5% lower than the national median of $161,040.
Is Florence, SC a lucrative place for Sales Managers?
Moderately. While the average salary of $132,800 is below the national average, the cost of living is also at the national average.Sales Managers in Florence, SC earn $132,800 annually, which is less than the national average. However, the local cost of living is on par with the national average, meaning the salary offers standard purchasing power.
Is Florence, SC a good place to live for Sales Managers?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($137,740) and Myrtle Beach-Conway-North Myrtle Beach, SC.
What is the average salary for a Sales Manager in Florence, SC?
The average annual salary for a Sales Manager in Florence, SC is $132,800.
How does the Florence, SC salary compare to the national average?
The average salary in Florence, SC ($132,800) is lower than the national average ($161,040).
What is the Cost of Living Index in Florence, SC?
The Cost of Living Index in Florence, SC is 100, which is the same as the national average.
Is the job market for Sales Managers in Florence, SC competitive?
With a Location Quotient of 0.85, the market is slightly less concentrated than the national average, suggesting a balanced level of competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Florence, SC area with a job density of 3.321 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Sales Managers Salaries by State
Top Jobs in Florence, SC
- All Occupations Salary in Florence, SC
- Office and Administrative Support Occupations Salary in Florence, SC
- Transportation and Material Moving Occupations Salary in Florence, SC
- Sales and Related Occupations Salary in Florence, SC
- Healthcare Practitioners and Technical Occupations Salary in Florence, SC
- Food Preparation and Serving Related Occupations Salary in Florence, SC
- Production Occupations Salary in Florence, SC
- Healthcare Support Occupations Salary in Florence, SC
- Management Occupations Salary in Florence, SC
- Educational Instruction and Library Occupations Salary in Florence, SC
- Browse All Jobs in Florence, SC →
Semantic Salary Analysis for Sales Managers • Data source: BLS OEWS 2024 •Jobs in Florence, SC