Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Hickory-Lenoir-Morganton, NC, earn an average annual salary of $77,890. This figure is slightly below the national average of $81,290, suggesting localized market dynamics and demand influence compensation within this specific region. The cost of living in Hickory-Lenoir-Morganton aligns precisely with the national average, making this salary a direct reflection of the local economic landscape for this profession.
Executive Summary
- Average Salary: $77,890 per year.
- Growth Trend: Salaries have shifted 29.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,160.
- Outlook: The job market for Sales Representatives of Services in Hickory-Lenoir-Morganton, NC, shows a moderate level of concentration, with a Location Quotient of 0.65 indicating a presence that is less than the national average. The total local workforce of 780 individuals in this role, coupled with 5.051 jobs per 1,000 workers, suggests a stable but not overly saturated demand for these professionals within the area.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Hickory-Lenoir-Morganton, NC earns-4.2%below the national average.
$37.5
$1,498
$6,491
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for this precise role in Hickory-Lenoir-Morganton is not provided, it is generally observed that salaries for sales roles nationwide have experienced consistent growth over the past four years, driven by inflation, evolving market demands, and the increasing importance of skilled sales professionals. This upward trend is likely mirrored to some extent in the Hickory-Lenoir-Morganton area, reflecting broader economic improvements and a sustained need for effective service sales.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Hickory-Lenoir-Morganton, NC
Career progression for Sales Representatives of Services typically involves a significant salary increase from entry-level to senior positions. While specific percentile data for Hickory-Lenoir-Morganton is unavailable, national trends show that experienced professionals can command salaries well above the average, with senior roles often reaching into the six figures. The gap between entry-level and senior salaries highlights the value placed on accumulated expertise, client relationship management, and proven sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,880 | $16.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $58,418 | $28.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,510 | $28.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $97,363 | $46.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $137,160 | $65.9 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$77,890
Gross Pay
Real Wage (Purchasing Power)
$77,890
Adjusted for COL (100)
With an average annual salary of $77,890 and a Cost of Living Index of 100, the nominal income in Hickory-Lenoir-Morganton, NC, effectively translates to purchasing power equivalent to the national average. This means that the salary provides a standard of living comparable to the national median, without the added financial strain of a higher cost of living often found in major metropolitan areas.
Job Market Context
780
Total Jobs
5.051
Per 1K Jobs
0.65
Location Quotient
Hickory-Lenoir-Morganton, NC has 0.65x the national average concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 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 0.65 for Sales Representatives of Services in Hickory-Lenoir-Morganton, NC, indicates that this profession is less concentrated locally compared to the national average. This suggests that while the demand exists, the market is not saturated, potentially offering a competitive environment for skilled professionals seeking opportunities without intense competition from a large pool of similarly qualified individuals.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Hickory-Lenoir-Morganton, NC
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Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Hickory-Lenoir-Morganton, NC?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Hickory-Lenoir-Morganton, NC is $77,890. This typically ranges from $34,880 for entry-level positions to $137,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hickory-Lenoir-Morganton, NC is 4.2% lower than the national median of $81,290.
Is Hickory-Lenoir-Morganton, NC a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Moderately lucrative, with earnings near the national average.The average salary of $77,890 is close to the national average, and with a cost of living index of 100, your purchasing power is equivalent to the national standard.
Is Hickory-Lenoir-Morganton, NC a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?
Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($91,120) and Spartanburg, SC.
How does the Hickory-Lenoir-Morganton salary compare to the national average?
The average salary of $77,890 in Hickory-Lenoir-Morganton, NC, is slightly lower than the national average of $81,290 for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel.
What is the significance of the Location Quotient (LQ) of 0.65?
An LQ of 0.65 means that the concentration of Sales Representatives of Services in Hickory-Lenoir-Morganton is 35% lower than the national average, indicating a less dense market for this profession locally.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the national average, the $77,890 salary in Hickory-Lenoir-Morganton offers purchasing power that is on par with the national median, making it a stable financial environment.
What is the total number of Sales Representatives in this area?
There are approximately 780 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel employed within the Hickory-Lenoir-Morganton, NC, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 5.051 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 Hickory-Lenoir-Morganton, NC