SalaryNode

Average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary in Southern Vermont nonmetropolitan area

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southern Vermont nonmetropolitan areas are earning a substantial average annual salary of $107,760. This figure significantly surpasses the national average of $81,290, indicating a strong demand for these specialized sales roles within the region. The localized economic factors and specific industry needs in Southern Vermont likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $107,760 per year.
  • Growth Trend: Salaries have shifted 69.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $150,930.
  • Outlook: With a total local workforce of 320 individuals in this specific role, the market in Southern Vermont nonmetropolitan areas presents a focused opportunity. The Location Quotient of 0.49 suggests that while not as concentrated as the national average, there is a steady presence of these professionals, implying a stable, albeit niche, demand for their services within the local economy.
2024 Market Data

Salary Overview

$107,760

The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southern Vermont nonmetropolitan area earns+32.6%above the national average.

BreakdownBased on 40h/week
Hourly

$51.8

Weekly

$2,072

Monthly

$8,980

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Southern Vermont nonmetropolitan area

Career progression for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southern Vermont nonmetropolitan areas typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record can command salaries well into the higher percentiles, reflecting their accumulated expertise and client acquisition success.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$47,250$22.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$80,820$38.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$101,170$48.6
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$134,700$64.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$150,930$72.6

Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis

Relocation Context

Nominal Salary

$107,760

Gross Pay

Real Wage (Purchasing Power)

$107,760

Adjusted for COL (100)

The nominal average annual salary of $107,760 in Southern Vermont nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that while the pay is high, the cost of maintaining a similar lifestyle to the national average is also standard.

Job Market Context

320

Total Jobs

3.809

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Southern Vermont nonmetropolitan area has a notably lower concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.49 indicates that Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel are less concentrated in Southern Vermont nonmetropolitan areas compared to the national average. This suggests a less saturated job market, potentially offering more opportunities for skilled individuals to establish themselves and negotiate favorable terms, though it also implies a smaller overall pool of these specialized roles.

Nearby Job Markets

Frequently Asked Questions

How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Southern Vermont nonmetropolitan area?

The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southern Vermont nonmetropolitan area is $107,760. This typically ranges from $47,250 for entry-level positions to $150,930 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Vermont nonmetropolitan area is 32.6% higher than the national median of $81,290.

Is Southern Vermont nonmetropolitan area a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

Yes, it is a lucrative area.The average salary of $107,760 significantly exceeds the national average, and the cost of living is at the national average, indicating strong earning potential.

Is Southern Vermont nonmetropolitan area a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?

The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Vermont nonmetropolitan area?

Some top paying nearby cities include Burlington-South Burlington, VT ($75,910) and Glens Falls, NY.

How does the local salary compare to the national average?

The average annual salary for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southern Vermont nonmetropolitan areas is $107,760, which is considerably higher than the national average of $81,290.

What is the significance of the Location Quotient (LQ) being 0.49?

An LQ of 0.49 means that this profession is less concentrated in Southern Vermont nonmetropolitan areas than the national average. This could imply less competition but also a smaller overall job market for this specific role.

How does the Cost of Living Index affect the salary's value?

With a Cost of Living Index of 100, the local salary of $107,760 has the same purchasing power as the national average salary. This means the higher nominal salary is balanced by average living expenses.

What does the total local workforce size of 320 suggest?

A workforce of 320 indicates a moderate-sized segment of professionals in this field within the Southern Vermont nonmetropolitan area, suggesting a stable but not overly saturated market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Southern Vermont nonmetropolitan area area with a job density of 3.809 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.