Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in the Southwest Colorado nonmetropolitan area earn an impressive average annual salary of $85,060. This figure notably surpasses the national average of $81,290, suggesting that the unique economic landscape and demand within this region command higher compensation for these vital sales roles. The specific needs of local industries likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $85,060 per year.
- Growth Trend: Salaries have shifted 47.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,920.
- Outlook: The job market for Sales Representatives of Services in Southwest Colorado appears robust, with a local workforce of 1,020 individuals in this role. The Location Quotient of 1.22 indicates a concentration of these professionals that is 22% higher than the national average, signaling a strong and potentially growing demand for their expertise within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southwest Colorado nonmetropolitan area earns+4.6%above the national average.
$40.9
$1,636
$7,088
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 salaries for Sales Representatives of Services in the Southwest Colorado nonmetropolitan area have experienced consistent growth over the past four years. This trend would align with broader economic patterns and the increasing importance of skilled sales professionals in driving business success across various service sectors.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Southwest Colorado nonmetropolitan area
Career progression for Sales Representatives of Services in Southwest Colorado typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven track records and advanced sales acumen can command salaries well above the average, often reaching into the top percentiles, reflecting their increased value and contribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,060 | $22.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $63,795 | $30.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $75,310 | $36.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $106,325 | $51.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $127,920 | $61.5 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$85,060
Gross Pay
Real Wage (Purchasing Power)
$85,060
Adjusted for COL (100)
The average annual salary of $85,060 in Southwest Colorado nonmetropolitan area 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, offering residents a stable financial standing without the added pressure of higher living expenses often associated with metropolitan areas.
Job Market Context
1,020
Total Jobs
9.388
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Southwest Colorado nonmetropolitan area 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 1.22, Southwest Colorado nonmetropolitan area exhibits a higher concentration of Sales Representatives of Services compared to the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek out skilled professionals, and opportunities for those with relevant experience are likely readily available.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Southwest Colorado nonmetropolitan area
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Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Southwest Colorado nonmetropolitan area is $85,060. This typically ranges from $46,060 for entry-level positions to $127,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Colorado nonmetropolitan area is 4.6% higher than the national median of $81,290.
Is Southwest Colorado 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 $85,060 exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Southwest Colorado 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 Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($84,130) and Denver-Aurora-Centennial, CO.
How does the local salary compare to the national average?
Sales Representatives of Services in Southwest Colorado nonmetropolitan area earn an average of $85,060 annually, which is higher than the national average of $81,290.
What is the significance of the Location Quotient (LQ) of 1.22?
An LQ of 1.22 means that the concentration of Sales Representatives of Services in this area is 22% higher than the national average, indicating a strong presence and demand for these roles.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the local expenses are equivalent to the national average, meaning the $85,060 salary offers purchasing power consistent with the national median.
What is the total number of Sales Representatives in this region?
There are approximately 1,020 Sales Representatives of Services employed in the Southwest Colorado nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,020 employees in the Southwest Colorado nonmetropolitan area area with a job density of 9.388 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 Southwest Colorado nonmetropolitan area