Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lakeland-Winter Haven, FL, earn an average annual salary of $61,340. This figure is notably below the national average of $81,290, suggesting that local market dynamics, industry concentration, or specific economic factors within the region may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $61,340 per year.
- Growth Trend: Salaries have shifted 10.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,280.
- Outlook: The Lakeland-Winter Haven area supports a local workforce of 2,240 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel. With a Location Quotient of 1.11, this indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not overwhelmingly dominant, demand for these professionals within the local economy.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lakeland-Winter Haven, FL earns-24.5%below the national average.
$29.5
$1,180
$5,112
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 have seen consistent growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is likely driven by increasing demand for service-based sales roles and the evolving strategies within the sales industry.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Lakeland-Winter Haven, FL
Salary progression for Sales Representatives of Services typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with a proven track record and advanced sales acumen can command salaries in the upper percentiles, reflecting their increased value and contribution to revenue generation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,000 | $17.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $46,005 | $22.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,820 | $22.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $76,675 | $36.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $100,280 | $48.2 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$61,340
Gross Pay
Real Wage (Purchasing Power)
$61,340
Adjusted for COL (100)
The average annual salary of $61,340 in Lakeland-Winter Haven, FL, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of this salary is equivalent to the national average, offering a balanced lifestyle without the added financial pressure of a high cost of living or the benefit of significantly reduced expenses.
Job Market Context
2,240
Total Jobs
8.576
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Lakeland-Winter Haven, FL 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 1.11 signifies that Lakeland-Winter Haven, FL, has a slightly higher concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel compared to the national average. This suggests a moderately competitive market where demand is present and perhaps slightly more robust than in other regions, offering a good number of opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Lakeland-Winter Haven, FL
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Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Lakeland-Winter Haven, FL?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lakeland-Winter Haven, FL is $61,340. This typically ranges from $37,000 for entry-level positions to $100,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 24.5% lower than the national median of $81,290.
Is Lakeland-Winter Haven, FL a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $61,340 is significantly lower than the national average of $81,290, indicating less lucrative compensation in this specific location.
Is Lakeland-Winter Haven, FL a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($67,930) and South Florida nonmetropolitan area.
How does the local workforce size impact job opportunities?
A local workforce of 2,240 indicates a substantial presence of these roles, suggesting consistent opportunities for both new entrants and experienced professionals within the Lakeland-Winter Haven area.
What is the significance of the Location Quotient (LQ) being 1.11?
An LQ of 1.11 means there are more Sales Representatives of Services per worker in Lakeland-Winter Haven than the national average, indicating a slightly higher concentration and potentially more specialized demand for these roles in the region.
How does experience affect salary for this role in Lakeland-Winter Haven?
As with most sales roles, experience is a key driver of salary. Entry-level positions will likely earn less, while senior representatives with a strong sales record can expect to earn significantly more, moving into higher salary percentiles.
Does the cost of living in Lakeland-Winter Haven favor this salary?
Yes, the cost of living index of 100 means the $61,340 salary has the same purchasing power as the national average, making it a balanced financial situation for residents.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,240 employees in the Lakeland-Winter Haven, FL area with a job density of 8.576 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 Lakeland-Winter Haven, FL