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Average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary in Central Indiana nonmetropolitan area

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Central Indiana's nonmetropolitan area earn an average annual salary of $62,760. This figure is notably below the national average of $81,290, reflecting regional economic factors and potentially a lower demand for specialized services in less densely populated areas. The specific economic landscape of Central Indiana directly influences compensation levels for these roles.

Executive Summary

  • Average Salary: $62,760 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $96,670.
  • Outlook: The job market for Service Sales Representatives in Central Indiana's nonmetropolitan area appears to be less concentrated than the national average, with a Location Quotient of 0.4. While the total local workforce of 500 suggests a smaller pool of potential candidates and employers, the low concentration indicates that this profession is not a dominant sector within the region's economy. This suggests a moderate but not exceptionally robust demand for these specialized sales roles.
2024 Market Data

Salary Overview

$62,760

The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Central Indiana nonmetropolitan area earns-22.8%below the national average.

BreakdownBased on 40h/week
Hourly

$30.2

Weekly

$1,207

Monthly

$5,230

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Central Indiana nonmetropolitan area

Career progression for Sales Representatives of Services typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales techniques can command salaries well above the average. The percentile gaps in compensation clearly signify the value placed on experience, client acquisition success, and long-term relationship management in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$32,080$15.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$47,070$22.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$54,790$26.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$78,450$37.7
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$96,670$46.5

Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis

Relocation Context

Nominal Salary

$62,760

Gross Pay

Real Wage (Purchasing Power)

$62,760

Adjusted for COL (100)

The nominal average annual salary of $62,760 in Central Indiana's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for this role, the purchasing power of that salary is equivalent to the national average. Therefore, the lower salary is effectively offset by the neutral cost of living, making the financial aspect of relocating or residing in this area comparable to the national standard.

Job Market Context

500

Total Jobs

3.086

Per 1K Jobs

0.4

Location Quotient

Low Concentration

At 0.40x, Central Indiana nonmetropolitan area has a notably lower concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.4, the market for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Central Indiana's nonmetropolitan area is significantly less concentrated than the national average. This indicates that these roles are less prevalent and perhaps less in demand compared to other regions. Consequently, the job market may be less competitive in terms of the number of available positions relative to the workforce, but also suggests fewer specialized opportunities.

Nearby Job Markets

Frequently Asked Questions

How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Central Indiana nonmetropolitan area?

The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Central Indiana nonmetropolitan area is $62,760. This typically ranges from $32,080 for entry-level positions to $96,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 22.8% lower than the national median of $81,290.

Is Central Indiana nonmetropolitan area a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

No, it is not as lucrative as the national average.The average salary of $62,760 is substantially lower than the national average of $81,290, despite a neutral cost of living.

Is Central Indiana nonmetropolitan area a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

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

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($80,470) and Kokomo, IN.

How does the local workforce size affect job availability?

A total local workforce of 500 suggests a smaller labor pool, which can sometimes lead to fewer job openings but potentially less competition for those roles.

What does a Location Quotient of 0.4 signify?

A Location Quotient of 0.4 means that this profession is less concentrated in Central Indiana's nonmetropolitan area compared to the national average, indicating lower demand or fewer specialized roles.

How does the Cost of Living Index impact the salary?

With a Cost of Living Index of 100, the purchasing power of the $62,760 salary is equivalent to the national average, meaning expenses are neither higher nor lower than the national norm.

Are there many jobs per 1,000 workers for this role in Central Indiana?

With 3.086 jobs per 1,000 workers, this role represents a small fraction of the overall employment landscape in the region, consistent with its lower concentration.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Central Indiana nonmetropolitan area area with a job density of 3.086 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.