Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products in Binghamton, NY, earn an average annual salary of $78,790. This figure is slightly below the national average of $81,470, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Binghamton area.
Executive Summary
- Average Salary: $78,790 per year.
- Growth Trend: Salaries have shifted 28.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,260.
- Outlook: Binghamton's market for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products, shows a stable presence with a total local workforce of 590 individuals. The Location Quotient of 0.75 indicates a slightly lower concentration of these roles compared to the national average, suggesting a moderate but consistent demand for professionals in this sector within the region.
Salary Overview
The average Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products in Binghamton, NY earns-3.3%below the national average.
$37.9
$1,515
$6,566
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products have experienced steady growth over the past four years, mirroring national trends of increasing compensation driven by inflation, market demand, and evolving sales strategies.
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products Salary Distribution in Binghamton, NY
Career progression for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products typically involves a significant salary increase from entry-level to senior positions. The variance in earnings across different experience levels, often reflected in salary percentiles, highlights opportunities for substantial financial growth as professionals gain expertise and take on more complex responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,700 | $21.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $59,093 | $28.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $68,200 | $32.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $98,488 | $47.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $125,260 | $60.2 |
Detailed Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products Market Analysis
Relocation Context
Nominal Salary
$78,790
Gross Pay
Real Wage (Purchasing Power)
$78,790
Adjusted for COL (100)
With an average annual salary of $78,790 and a Cost of Living Index at the national average of 100, the nominal income in Binghamton, NY, offers purchasing power equivalent to the national standard. This means that the $78,790 salary will generally cover expenses at a rate comparable to the average American, making it a stable financial base for residents.
Job Market Context
590
Total Jobs
6.157
Per 1K Jobs
0.75
Location Quotient
Binghamton, NY has 0.75x the national average concentration of Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.75 for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products in Binghamton suggests that this profession is slightly less concentrated than the national average. This indicates a potentially less saturated job market, which could present opportunities for skilled professionals to find employment, though it also implies a slightly lower overall demand compared to more concentrated regions.
Nearby Job Markets
Nearby Cities for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products
Comparing salaries near Binghamton, NY
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Frequently Asked Questions
How much does a Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products make in Binghamton, NY?
The median annual salary for a Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products in Binghamton, NY is $78,790. This typically ranges from $44,700 for entry-level positions to $125,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 3.3% lower than the national median of $81,470.
Is Binghamton, NY a lucrative place for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products?
Moderately lucrative, with earnings near the national average and a cost of living to match.The average salary of $78,790 is close to the national average, and with a cost of living index of 100, the purchasing power is comparable. While not exceptionally high, it offers a stable financial environment for these professionals.
Is Binghamton, NY a good place to live for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($78,640) and Elmira, NY.
How does Binghamton's salary compare to the national average for this role?
The average annual salary in Binghamton is $78,790, which is slightly below the national average of $81,470 for Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products.
What is the significance of the Location Quotient in Binghamton?
A Location Quotient of 0.75 indicates that this profession is less concentrated in Binghamton compared to the national average, suggesting a moderate level of job availability and competition.
How does the cost of living in Binghamton affect the salary?
Binghamton's Cost of Living Index is 100, which is the national average. This means the $78,790 salary provides purchasing power equivalent to the national average, offering a balanced lifestyle.
What is the total workforce size for this role in Binghamton?
There are approximately 590 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products employed in Binghamton, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Binghamton, NY area with a job density of 6.157 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, Wholesale and Manufacturing, Except Technical and Scientific Products • Data source: BLS OEWS 2024 •Jobs in Binghamton, NY