Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $68,380. This figure is notably below the national average of $81,290, suggesting that local market dynamics and industry-specific demand play a significant role in compensation within this Florida region.
Executive Summary
- Average Salary: $68,380 per year.
- Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,120.
- Outlook: With a local workforce of 1,970 professionals in this specific role and a Location Quotient of 1.05, the Palm Bay-Melbourne-Titusville area demonstrates a slightly higher concentration of these sales representatives compared to the national average. This indicates a stable, albeit not exceptionally booming, job market for these professionals, suggesting consistent demand for their services within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Palm Bay-Melbourne-Titusville, FL earns-15.9%below the national average.
$32.9
$1,315
$5,698
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 of Services have seen a steady upward trend over the past four years, mirroring broader economic growth and inflation. This suggests that professionals in this field in Palm Bay-Melbourne-Titusville have likely experienced incremental salary increases, keeping pace with evolving market demands and cost of living adjustments.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Career progression for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel typically involves a significant salary increase with experience. Entry-level positions might start closer to $50,000, while seasoned senior representatives with proven track records can command salaries exceeding $90,000. The percentile gaps in salary distribution clearly signify the substantial career growth and earning potential available within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $32,000 | $15.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,285 | $24.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $54,940 | $26.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $85,475 | $41.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $124,120 | $59.7 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$68,380
Gross Pay
Real Wage (Purchasing Power)
$68,380
Adjusted for COL (100)
The average annual salary of $68,380 in Palm Bay-Melbourne-Titusville, FL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national standard, indicating that while the nominal salary is lower than the national average for the role, it is effectively balanced by the local cost of living, making it neither exceptionally advantageous nor disadvantageous for relocation.
Job Market Context
1,970
Total Jobs
8.137
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Palm Bay-Melbourne-Titusville, FL 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 1.05 for Sales Representatives of Services in Palm Bay-Melbourne-Titusville, FL, signifies a job market that is very slightly more concentrated than the national average. This suggests a healthy and competitive environment where the demand for these services is robust, but not overwhelmingly so, offering a balanced landscape for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
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 Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Palm Bay-Melbourne-Titusville, FL is $68,380. This typically ranges from $32,000 for entry-level positions to $124,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 15.9% lower than the national median of $81,290.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not exceptionally lucrative compared to the national average.While the local salary of $68,380 is slightly below the national average of $81,290, the Cost of Living Index of 100 indicates that the purchasing power is on par with the national average.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($63,420) and Port St. Lucie, FL.
How does the number of jobs per 1,000 workers impact the market?
With 8.137 jobs per 1,000 workers, this metric suggests a moderate presence of these sales roles within the local economy, indicating a steady but not saturated job market.
What is the significance of the Location Quotient (LQ) being 1.05?
An LQ of 1.05 means that the concentration of these sales representatives in Palm Bay-Melbourne-Titusville is 5% higher than the national average, indicating a slightly stronger local demand or presence of this profession.
How does experience affect salary for this role in Palm Bay?
Experience significantly impacts earnings, with entry-level roles offering lower compensation and senior positions commanding substantially higher salaries, reflecting a clear career growth trajectory.
Is the salary competitive for the cost of living in Palm Bay?
Yes, the salary is competitive for the cost of living, as the local Cost of Living Index of 100 perfectly matches the national average, meaning your earnings have equivalent purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,970 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 8.137 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salaries by State
Top Jobs in Palm Bay-Melbourne-Titusville, FL
- All Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Office and Administrative Support Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Food Preparation and Serving Related Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Sales and Related Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Business and Financial Operations Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Management Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Healthcare Practitioners and Technical Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Transportation and Material Moving Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Architecture and Engineering Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Construction and Extraction Occupations Salary in Palm Bay-Melbourne-Titusville, FL
- Browse All Jobs in Palm Bay-Melbourne-Titusville, FL →
Semantic Salary Analysis for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel • Data source: BLS OEWS 2024 •Jobs in Palm Bay-Melbourne-Titusville, FL