Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the East Kentucky nonmetropolitan area earn an average annual salary of $56,990. This figure is notably below the national average of $81,290, reflecting regional economic factors and industry concentration. The specific economic landscape and demand within this nonmetropolitan region significantly influence compensation levels for these roles.
Executive Summary
- Average Salary: $56,990 per year.
- Growth Trend: Salaries have shifted 44.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,130.
- Outlook: The job market for Sales Representatives of Services in East Kentucky is characterized by a modest local workforce of 290 individuals. With a Location Quotient of 0.4, the concentration of these roles is below the national average, suggesting a less saturated but potentially less dynamic market. The presence of 3.109 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these professionals within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in East Kentucky nonmetropolitan area earns-29.9%below the national average.
$27.4
$1,096
$4,749
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Sales Representatives of Services across most regions, including East Kentucky, have experienced gradual growth over the past four years. This trend is typically driven by inflation, evolving market demands, and the increasing complexity of service offerings that necessitate skilled sales professionals.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in East Kentucky nonmetropolitan area
Career progression for Sales Representatives of Services in East Kentucky typically involves a salary increase with accumulated 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 acumen can command significantly higher salaries, potentially reaching into the upper percentiles of the salary range. These percentile gaps clearly signify the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $33,230 | $16 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $42,743 | $20.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,420 | $23.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $71,238 | $34.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $85,130 | $40.9 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$56,990
Gross Pay
Real Wage (Purchasing Power)
$56,990
Adjusted for COL (100)
The nominal average annual salary of $56,990 in East Kentucky aligns directly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, as local expenses do not exceed those found elsewhere in the country.
Job Market Context
290
Total Jobs
3.109
Per 1K Jobs
0.4
Location Quotient
At 0.40x, East Kentucky 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.
The Location Quotient of 0.4 for Sales Representatives of Services in East Kentucky indicates that this profession is less concentrated in the region compared to the national average. This suggests that while there are opportunities, the market is not saturated, and employers may face challenges in finding a large pool of specialized talent, potentially leading to competitive hiring for experienced individuals.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near East Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in East Kentucky nonmetropolitan area?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in East Kentucky nonmetropolitan area is $56,990. This typically ranges from $33,230 for entry-level positions to $85,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Kentucky nonmetropolitan area is 29.9% lower than the national median of $81,290.
Is East Kentucky nonmetropolitan area a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, it is not considered lucrative compared to the national average.The average salary of $56,990 is significantly lower than the national average of $81,290, despite the Cost of Living being at the national average.
Is East Kentucky 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 East Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($73,220) and Elizabethtown, KY.
How does the local workforce size affect job prospects?
A local workforce of 290 suggests a smaller, more specialized job market. While this can mean less competition for some roles, it also implies fewer overall opportunities compared to larger metropolitan areas.
What does a Location Quotient of 0.4 signify?
A Location Quotient of 0.4 means that Sales Representatives of Services are less common in East Kentucky than the national average. This could indicate a niche market or lower demand relative to other professions in the area.
Does the Cost of Living impact the value of the salary?
With a Cost of Living Index of 100, the local expenses are on par with the national average. Therefore, the $56,990 salary has the same purchasing power as it would nationally, despite being lower in nominal terms.
What are the typical career paths for this role in East Kentucky?
Career paths generally involve progressing from entry-level to senior sales roles, with salary increases tied to experience and performance. Opportunities for advancement may be more limited in scope compared to larger economic centers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the East Kentucky nonmetropolitan area area with a job density of 3.109 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 Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel • Data source: BLS OEWS 2024 •Jobs in East Kentucky nonmetropolitan area