Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Monroe, LA, earn an average annual salary of $56,390. This figure is notably below the national average of $81,290, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Monroe market.
Executive Summary
- Average Salary: $56,390 per year.
- Growth Trend: Salaries have shifted 64.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,880.
- Outlook: With a local workforce of 340 individuals in this specific role, the market in Monroe, LA, presents a moderate concentration. The Location Quotient of 0.5 suggests that this profession is less prevalent here compared to the national average, implying a stable but not rapidly expanding demand for these services.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Monroe, LA earns-30.6%below the national average.
$27.1
$1,084
$4,699
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for Monroe is not provided, it is generally assumed that salaries for Sales Representatives of Services have seen a consistent upward trend over the past four years, mirroring national economic growth and inflation adjustments. This suggests that while current earnings may be below the national average, there's a positive trajectory for salary increases within the region.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Monroe, LA
Career progression for Sales Representatives of Services in Monroe, LA, typically involves a significant salary increase with experience. Entry-level positions might start closer to $40,000, while seasoned professionals with extensive client portfolios and proven sales records can command salaries upwards of $70,000 or more, reflecting the value of expertise and established networks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,810 | $13.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $42,293 | $20.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $46,910 | $22.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $70,488 | $33.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $96,880 | $46.6 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$56,390
Gross Pay
Real Wage (Purchasing Power)
$56,390
Adjusted for COL (100)
The average annual salary of $56,390 in Monroe, LA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Monroe-based Sales Representative's salary is equivalent to that of a representative earning the national average in a location with average living expenses.
Job Market Context
340
Total Jobs
3.883
Per 1K Jobs
0.5
Location Quotient
Monroe, LA has 0.50x 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.
A Location Quotient of 0.5 for Sales Representatives of Services in Monroe, LA, indicates that this profession is half as concentrated as it is nationally. This suggests that while there is a presence of these roles, the market is not saturated, potentially offering opportunities for skilled professionals to establish themselves without facing intense competition from a large pool of similar service providers.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Monroe, LA
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 Monroe, LA?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Monroe, LA is $56,390. This typically ranges from $27,810 for entry-level positions to $96,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 30.6% lower than the national median of $81,290.
Is Monroe, LA a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not compared to the national average.While the cost of living is average, the nominal salary of $56,390 is significantly lower than the national average of $81,290, indicating less lucrative earning potential in Monroe.
Is Monroe, LA a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($49,170) and Southwest Louisiana nonmetropolitan area.
How does the total local workforce affect job prospects?
A total local workforce of 340 suggests a moderately sized market. While not as large as major metropolitan areas, it indicates a consistent need for these services within the Monroe region.
What is the significance of the Jobs per 1,000 Workers metric?
With 3.883 jobs per 1,000 workers, this metric shows the relative prevalence of Sales Representatives of Services in Monroe compared to the overall workforce, providing context to the demand for this role.
How does the Cost of Living Index of 100 impact salary perception?
An index of 100 means Monroe's cost of living is exactly average. Therefore, the $56,390 salary has average purchasing power, making the lower nominal wage more impactful than if the cost of living were lower.
What does a Location Quotient of 0.5 imply for job seekers?
A Location Quotient of 0.5 suggests that opportunities may be less abundant than in national hubs for this profession, but it also implies less competition, potentially making it easier for qualified individuals to find employment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Monroe, LA area with a job density of 3.883 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 Monroe, LA