Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the Myrtle Beach-Conway-North Myrtle Beach, SC area earn an average annual salary of $63,500. This figure is notably below the national average of $81,290, suggesting that local market dynamics, industry concentration, or regional economic factors may influence compensation levels in this specific locale.
Executive Summary
- Average Salary: $63,500 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,980.
- Outlook: With a local workforce of 1,520 individuals in this role, the Myrtle Beach-Conway-North Myrtle Beach area demonstrates a significant presence of Sales Representatives. The Location Quotient of 1.37 indicates a higher concentration of these professionals compared to the national average, suggesting a robust and potentially growing demand for their services within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Myrtle Beach-Conway-North Myrtle Beach, SC earns-21.9%below the national average.
$30.5
$1,221
$5,292
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 have experienced steady growth over the past four years, mirroring broader economic trends and the increasing importance of service-based sales. This upward trajectory likely reflects evolving market demands and a competitive landscape for skilled sales professionals in the Myrtle Beach area.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Career progression for Sales Representatives typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record can command salaries substantially higher than the average. The percentile gaps in earnings clearly signify the career advancement opportunities and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,530 | $11.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $47,625 | $22.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,630 | $23.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $79,375 | $38.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $117,980 | $56.7 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$63,500
Gross Pay
Real Wage (Purchasing Power)
$63,500
Adjusted for COL (100)
The average annual salary of $63,500 in Myrtle Beach-Conway-North Myrtle Beach, SC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by a Sales Representative in this area has purchasing power equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
1,520
Total Jobs
10.547
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Myrtle Beach-Conway-North Myrtle Beach, SC 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.
The Location Quotient of 1.37 for Sales Representatives in Myrtle Beach-Conway-North Myrtle Beach, SC, signifies a market that is more concentrated with these professionals than the national average. This suggests a competitive environment where employers may have a good pool of talent to draw from, but also indicates a strong regional demand for these specialized sales skills.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
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 Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Myrtle Beach-Conway-North Myrtle Beach, SC is $63,500. This typically ranges from $23,530 for entry-level positions to $117,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 21.9% lower than the national median of $81,290.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, it is not as lucrative as the national average.While the local cost of living is average, the nominal salary of $63,500 is significantly lower than the national average of $81,290. The higher concentration of these roles (LQ 1.37) suggests strong local demand but does not translate to higher pay compared to the national benchmark.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($65,320) and Wilmington, NC.
How does the local salary compare to the national average?
The average annual salary for Sales Representatives in Myrtle Beach-Conway-North Myrtle Beach, SC is $63,500, which is considerably lower than the national average of $81,290.
What does the Location Quotient (LQ) of 1.37 mean for this job market?
An LQ of 1.37 indicates that Sales Representatives are 37% more concentrated in the Myrtle Beach area than the national average, suggesting a strong regional presence and demand for these roles.
How does the cost of living affect the salary in Myrtle Beach?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. Therefore, the $63,500 salary has the same purchasing power as the national average salary in terms of basic living expenses.
Is there a high demand for Sales Representatives in this area?
The jobs per 1,000 workers figure of 10.547 and the Location Quotient of 1.37 both suggest a healthy and above-average presence of this occupation in Myrtle Beach-Conway-North Myrtle Beach, SC, indicating consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,520 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 10.547 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 Myrtle Beach-Conway-North Myrtle Beach, SC