Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in New York earn a robust average annual salary of $103,200. This figure significantly surpasses the national average of $81,290, reflecting the state's dynamic economic landscape and higher operational costs. The concentration of industries and demand for specialized sales expertise in New York directly influences this elevated compensation.
Executive Summary
- Average Salary: $103,200 per year.
- Growth Trend: Salaries have shifted 23.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $177,750.
- Outlook: New York boasts a substantial workforce of 78,510 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel, with a location quotient of 1.07 indicating a slightly higher concentration than the national average. This suggests a stable and potentially growing job market for these professionals within the state, supported by consistent demand for their services across various sectors.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in New York earns+27.0%above the national average.
$49.6
$1,985
$8,600
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 the compensation for Sales Representatives of Services in New York has experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled sales professionals, and the evolving economic conditions within the state, leading to higher average salaries.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in New York
Career progression for Sales Representatives of Services in New York typically sees a significant salary increase with experience. 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 their ability to generate revenue and manage complex client relationships. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $43,420 | $20.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $77,400 | $37.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $85,350 | $41 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $129,000 | $62 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $177,750 | $85.5 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$103,200
Gross Pay
Real Wage (Purchasing Power)
$82,494
Adjusted for COL (125.1)
While the nominal average salary of $103,200 in New York is attractive, it's crucial to consider the state's Cost of Living Index of 125.1. This means that everyday expenses are approximately 25.1% higher than the national average. Therefore, the purchasing power of the $103,200 salary, while still strong, is somewhat tempered by these elevated living costs.
Job Market Context
78,510
Total Jobs
8.228
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, New York 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 1.07, New York exhibits a slightly higher concentration of Sales Representatives of Services compared to the national average. This suggests a competitive yet robust job market where demand is consistent, and employers actively seek skilled professionals. The market is neither oversaturated nor scarce, presenting a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near New York
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 New York?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in New York is $103,200. This typically ranges from $43,420 for entry-level positions to $177,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 27.0% higher than the national median of $81,290.
Is New York a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Yes, New York offers a lucrative environment for these sales professionals.The average salary of $103,200 significantly exceeds the national average, and the state's slightly higher concentration of these roles (LQ 1.07) indicates strong demand.
Is New York a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($74,170) and Kingston, NY.
How does New York's average salary compare to the national average?
The average annual salary for Sales Representatives of Services in New York is $103,200, which is considerably higher than the national average of $81,290.
What is the Cost of Living in New York relative to the national average?
New York has a Cost of Living Index of 125.1, meaning it is approximately 25.1% more expensive to live there than the national average.
How many Sales Representatives of Services are employed in New York?
There are approximately 78,510 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel employed in New York.
What does the Location Quotient of 1.07 signify for this role in New York?
A Location Quotient of 1.07 indicates that New York has a slightly higher concentration of these sales professionals compared to the national average, suggesting a healthy and competitive job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 78,510 employees in the New York area with a job density of 8.228 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 New York