Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Saginaw, MI, earn an average annual salary of $62,790. This figure is notably below the national average of $81,290, suggesting that local market dynamics and economic factors specific to Saginaw influence compensation levels for this role. The concentration of these roles within the local economy also plays a part in shaping the prevailing wage.
Executive Summary
- Average Salary: $62,790 per year.
- Growth Trend: Salaries have shifted 0.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,810.
- Outlook: With a total local workforce of 400 individuals in this specific role, Saginaw presents a moderately sized market for Sales Representatives of Services. The Location Quotient of 0.66 indicates that this profession is less concentrated in Saginaw compared to the national average, suggesting a potentially stable but not overly saturated job market. The presence of 5.059 jobs per 1,000 workers points to a consistent, albeit not exceptionally high, demand for these services.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Saginaw, MI earns-22.8%below the national average.
$30.2
$1,208
$5,233
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for Saginaw is not provided, it is generally assumed that salaries for Sales Representatives of Services have experienced steady growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typically driven by increasing demand for specialized services, evolving sales techniques, and a general rise in the cost of living, which prompts employers to adjust compensation packages to remain competitive.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Saginaw, MI
Career progression for Sales Representatives of Services in Saginaw, MI, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles of the salary range, while seasoned professionals with a proven track record and advanced sales skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,250 | $16.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $47,093 | $22.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $54,290 | $26.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $78,488 | $37.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $101,810 | $48.9 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$62,790
Gross Pay
Real Wage (Purchasing Power)
$62,790
Adjusted for COL (100)
The average annual salary of $62,790 in Saginaw, MI, 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 of Services in Saginaw offers purchasing power equivalent to the national average. Therefore, relocating to Saginaw for this role would not result in an immediate decrease in real income due to higher living expenses, making it a financially neutral move from a cost-of-living perspective.
Job Market Context
400
Total Jobs
5.059
Per 1K Jobs
0.66
Location Quotient
Saginaw, MI has 0.66x 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 0.66 for Sales Representatives of Services in Saginaw, MI, indicates that this profession is less prevalent in the local job market compared to the national landscape. This suggests that while opportunities exist, the market is not as saturated as in other regions. Employers may find it slightly more challenging to recruit specialized talent, potentially leading to competitive compensation for experienced individuals, but overall, the demand is moderate rather than exceptionally high.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Saginaw, MI
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 Saginaw, MI?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Saginaw, MI is $62,790. This typically ranges from $34,250 for entry-level positions to $101,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Saginaw, MI is 22.8% lower than the national median of $81,290.
Is Saginaw, MI a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not exceptionally lucrative compared to the national average.The average salary of $62,790 is significantly lower than the national average of $81,290, although the cost of living is on par with the national average.
Is Saginaw, MI a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Saginaw, MI?
Some top paying nearby cities include Bay City, MI ($67,790) and Midland, MI.
How does the local workforce size impact job opportunities?
A local workforce of 400 for this role suggests a moderately sized market. While not as large as major metropolitan areas, it indicates a consistent presence and demand for these services within Saginaw.
What does a Location Quotient of 0.66 mean for job seekers?
A Location Quotient below 1.0, like 0.66, signifies that the concentration of Sales Representatives of Services is lower in Saginaw than the national average. This could mean fewer job openings but potentially less competition for specialized roles.
How does the Cost of Living in Saginaw compare nationally?
Saginaw's Cost of Living Index is exactly 100, meaning it matches the national average. This implies that the purchasing power of the local salary is equivalent to what one would expect nationally.
What is the job density for this role in Saginaw?
With 5.059 jobs per 1,000 workers, this role has a moderate presence in Saginaw's labor market, indicating a steady but not overwhelming demand for these services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Saginaw, MI area with a job density of 5.059 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 Saginaw, MI