Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lynchburg, VA, earn an average annual salary of $68,040. This figure is notably below the national average of $81,290, suggesting that local market dynamics and potentially a lower demand for these specific services contribute to this compensation difference.
Executive Summary
- Average Salary: $68,040 per year.
- Growth Trend: Salaries have shifted 26.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,500.
- Outlook: With a local workforce of 560 individuals in this specific role, the market in Lynchburg, VA, presents a moderate concentration. The Location Quotient of 0.74 indicates that this profession is slightly less prevalent in Lynchburg compared to the national average, suggesting a stable but not rapidly expanding job market for these service sales representatives.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lynchburg, VA earns-16.3%below the national average.
$32.7
$1,308
$5,670
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for Lynchburg is not provided, it is reasonable to assume that salaries for Sales Representatives of Services have experienced a general upward trend over the past four years, mirroring national economic growth and inflation. This growth is typically driven by increased demand for services and the evolving sales landscape.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Lynchburg, VA
Career progression for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lynchburg, VA, is typically marked by increasing earning potential. Entry-level positions might start closer to $50,000, while seasoned professionals with extensive experience and a proven track record can command salaries well over $80,000, with significant percentile gaps reflecting this advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $32,700 | $15.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,030 | $24.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $57,430 | $27.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $85,050 | $40.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $106,500 | $51.2 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$68,040
Gross Pay
Real Wage (Purchasing Power)
$68,040
Adjusted for COL (100)
The average annual salary of $68,040 in Lynchburg, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Lynchburg-based sales representative's salary is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
560
Total Jobs
5.735
Per 1K Jobs
0.74
Location Quotient
Lynchburg, VA has 0.74x 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 0.74 for Sales Representatives of Services in Lynchburg, VA, suggests that this role is somewhat underrepresented compared to the national average. This indicates a less saturated market, which could present opportunities for skilled professionals, though it also implies a potentially lower overall demand relative to other regions.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Lynchburg, VA
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Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Lynchburg, VA?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Lynchburg, VA is $68,040. This typically ranges from $32,700 for entry-level positions to $106,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 16.3% lower than the national median of $81,290.
Is Lynchburg, VA 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 salary of $68,040 is respectable, it falls below the national average of $81,290. However, the cost of living is also at the national average, mitigating some of the disparity.
Is Lynchburg, VA a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($68,070) and Staunton-Stuarts Draft, VA.
How does the Lynchburg salary compare to the national average?
The average salary for Sales Representatives of Services in Lynchburg, VA, is $68,040, which is approximately 16% lower than the national average of $81,290.
What is the significance of the Location Quotient (LQ) of 0.74?
An LQ of 0.74 indicates that the concentration of Sales Representatives of Services in Lynchburg is 26% lower than the national average. This suggests a less competitive market but potentially lower overall demand.
How does the Cost of Living in Lynchburg affect the salary?
With a Cost of Living Index of 100, Lynchburg's expenses are on par with the national average. Therefore, the $68,040 salary offers purchasing power equivalent to the national average, making it a stable financial position locally.
What is the total number of these sales representatives in Lynchburg?
There are approximately 560 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel employed in Lynchburg, VA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Lynchburg, VA area with a job density of 5.735 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 Lynchburg, VA