Sales Representatives of Services in Madison, WI, earn an average annual salary of $74,400. This figure is slightly below the national average of $81,290, suggesting that while Madison offers a stable market, specific local economic factors or industry demand may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $74,400 per year.
- Growth Trend: Salaries have shifted 7.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,780.
- Outlook: Madison, WI, supports a local workforce of 3,880 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel. The location quotient of 1.24 indicates a higher concentration of these roles than the national average, signaling a robust and potentially growing demand for these professionals within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Madison, WI earns-8.5%below the national average.
$35.8
$1,431
$6,200
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales Representatives in Madison, WI, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for services, and the evolving sales landscape.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Madison, WI
Career progression for Sales Representatives in Madison, WI, significantly impacts earning potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with proven track records can command salaries well into the upper percentiles, reflecting accumulated experience and sales acumen.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $40,000 | $19.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $55,800 | $26.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $63,990 | $30.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $93,000 | $44.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $123,780 | $59.5 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$74,400
Gross Pay
Real Wage (Purchasing Power)
$74,400
Adjusted for COL (100)
The average salary of $74,400 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Madison-based Sales Representative's salary is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
3,880
Total Jobs
9.577
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Madison, WI 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.
With a location quotient of 1.24, Madison, WI, demonstrates a concentration of Sales Representatives of Services that is 24% higher than the national average. This suggests a competitive yet abundant job market, where employers actively seek talent, and professionals have a good number of opportunities within the area.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Madison, WI
Hiring Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Madison, WI?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Madison, WI is $74,400. This typically ranges from $40,000 for entry-level positions to $123,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 8.5% lower than the national median of $81,290.
Is Madison, WI a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Yes, with a stable financial outlook.Madison, WI, offers a strong concentration of these roles (LQ 1.24) and a cost of living that matches the national average, making the $74,400 salary highly competitive locally.
Is Madison, WI a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($67,820) and Rockford, IL.
How does the Madison job market compare to the national average for this role?
Madison has a higher concentration of these sales roles (LQ 1.24) than the national average, indicating a more robust local demand.
What is the impact of experience on a Sales Representative's salary in Madison?
Experience is a key driver, with entry-level roles earning less and senior positions commanding significantly higher salaries, reflecting a clear career progression path.
How does the cost of living affect the $74,400 salary in Madison?
The cost of living in Madison is exactly at the national average (100), meaning the $74,400 salary offers purchasing power equivalent to the national median.
Are there many Sales Representative jobs in Madison, WI?
Yes, with 9.577 jobs per 1,000 workers and a location quotient above 1, Madison has a notable presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,880 employees in the Madison, WI area with a job density of 9.577 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 Madison, WI