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Average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary in Durham-Chapel Hill, NC

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the Durham-Chapel Hill, NC area earn an impressive average annual salary of $89,740. This figure notably surpasses the national average of $81,290, indicating a strong local demand and potentially higher commission structures or specialized industry needs within the region that drive compensation upwards.

Executive Summary

  • Average Salary: $89,740 per year.
  • Growth Trend: Salaries have shifted 20.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,260.
  • Outlook: The Durham-Chapel Hill region supports a local workforce of 2,910 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel. With a Location Quotient of 1.1, this profession is slightly more concentrated here than the national average, suggesting a robust and stable job market with consistent demand for these skilled professionals.
2024 Market Data

Salary Overview

$89,740

The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Durham-Chapel Hill, NC earns+10.4%above the national average.

BreakdownBased on 40h/week
Hourly

$43.1

Weekly

$1,726

Monthly

$7,478

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Durham-Chapel Hill, NC

Career progression for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Durham-Chapel Hill typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales acumen can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$41,070$19.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$67,305$32.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$75,200$36.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$112,175$53.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$154,260$74.2

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

Relocation Context

Nominal Salary

$89,740

Gross Pay

Real Wage (Purchasing Power)

$89,740

Adjusted for COL (100)

The average annual salary of $89,740 in Durham-Chapel Hill aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Sales Representative's salary in this area is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain often associated with higher-than-average living costs.

Job Market Context

2,910

Total Jobs

8.493

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Durham-Chapel Hill, NC has a slightly higher-than-average concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel roles compared to the national norm.

A Location Quotient of 1.1 for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Durham-Chapel Hill indicates a market that is slightly more concentrated than the national average. This suggests a healthy, competitive environment where employers value these roles, potentially leading to more opportunities and competitive compensation packages for qualified individuals.

Nearby Job Markets

Frequently Asked Questions

How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Durham-Chapel Hill, NC?

The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Durham-Chapel Hill, NC is $89,740. This typically ranges from $41,070 for entry-level positions to $154,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 10.4% higher than the national median of $81,290.

Is Durham-Chapel Hill, NC a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

Yes, it is a lucrative location.Sales Representatives in this area earn above the national average salary, and the cost of living is at the national average, enhancing overall earning potential.

Is Durham-Chapel Hill, NC a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($82,720) and Burlington, NC.

How does the local workforce size impact job opportunities?

A local workforce of 2,910 indicates a substantial presence of these professionals, suggesting a dynamic market with ongoing opportunities for both new entrants and experienced individuals.

What does a Location Quotient of 1.1 signify?

A Location Quotient of 1.1 means that the concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel is 10% higher in Durham-Chapel Hill than the national average, indicating strong local demand.

How does the cost of living in Durham-Chapel Hill compare nationally?

The Cost of Living Index is 100, meaning it is exactly the same as the national average, offering stable purchasing power for the average salary.

Are there many jobs per 1,000 workers for this role in Durham-Chapel Hill?

With 8.493 jobs per 1,000 workers, this role is well-represented in the local economy, suggesting consistent employment availability.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,910 employees in the Durham-Chapel Hill, NC area with a job density of 8.493 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.