Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the New York-Newark-Jersey City, NY-NJ area earn an impressive average annual salary of $105,660. This figure significantly surpasses the national average of $81,290, indicating a strong demand and higher compensation structure within this major metropolitan hub. The concentration of businesses and the dynamic economic environment likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $105,660 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $187,590.
- Outlook: The job market for Sales Representatives of Services in the New York-Newark-Jersey City area appears robust, evidenced by a substantial local workforce of 86,460 individuals. A Location Quotient of 1.2 suggests that this profession is more concentrated here than the national average, implying a healthy and active demand for these roles within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in New York-Newark-Jersey City, NY-NJ earns+30.0%above the national average.
$50.8
$2,032
$8,805
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Sales Representatives of Services in a dynamic market like New York-Newark-Jersey City have experienced consistent growth over the past four years. Economic expansion, evolving sales strategies, and inflation typically drive upward salary trends in such competitive urban environments, reflecting increased value and demand for skilled professionals.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in New York-Newark-Jersey City, NY-NJ
Career progression for Sales Representatives of Services in New York-Newark-Jersey City typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with a proven track record can command salaries in the higher percentiles, often exceeding $130,000. These percentile gaps clearly signify substantial career growth and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,400 | $21.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $79,245 | $38.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $85,650 | $41.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $132,075 | $63.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $187,590 | $90.2 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$105,660
Gross Pay
Real Wage (Purchasing Power)
$105,660
Adjusted for COL (100)
The average annual salary of $105,660 in New York-Newark-Jersey City aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is considerably higher than the national average, the purchasing power of that salary is effectively on par with the national average, suggesting that the higher earnings are balanced by the local cost of living.
Job Market Context
86,460
Total Jobs
9.234
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, New York-Newark-Jersey City, NY-NJ 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 1.2, the New York-Newark-Jersey City metropolitan area demonstrates a 20% higher concentration of Sales Representatives of Services compared to the national average. This indicates a competitive yet abundant job market, where opportunities are plentiful, but employers may also have a wider pool of talent to choose from, potentially driving both demand and compensation.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near New York-Newark-Jersey City, NY-NJ
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-Newark-Jersey City, NY-NJ?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in New York-Newark-Jersey City, NY-NJ is $105,660. This typically ranges from $45,400 for entry-level positions to $187,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 30.0% higher than the national median of $81,290.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Yes, it is a lucrative place.The average salary of $105,660 is significantly higher than the national average, and the location quotient of 1.2 indicates a strong concentration of these roles.
Is New York-Newark-Jersey City, NY-NJ 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-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($79,980) and Trenton-Princeton, NJ.
How does the New York-Newark-Jersey City salary compare to the national average?
The average salary of $105,660 in New York-Newark-Jersey City is substantially higher than the national average of $81,290 for this role.
What is the job market like for these sales representatives in the area?
The job market is robust, with a total local workforce of 86,460 and a Location Quotient of 1.2, suggesting a higher concentration of these jobs than the national average.
Does the higher salary in New York-Newark-Jersey City translate to better purchasing power?
While the nominal salary is higher, the Cost of Living Index is 100 (national average), meaning the purchasing power of the $105,660 salary is comparable to the national average.
How much does experience impact salary for this role in New York-Newark-Jersey City?
Experience significantly impacts salary, with entry-level roles earning less and senior positions commanding much higher salaries, reflecting substantial career progression and earning potential.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 86,460 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 9.234 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-Newark-Jersey City, NY-NJ