Average Securities, Commodities, and Financial Services Sales Agents Salary in Akron, OH
In Akron, OH, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $83,250. This figure is notably below the national average of $110,380, suggesting that local market dynamics, industry concentration, and potentially regional economic factors influence compensation levels for these specialized roles within the city.
Executive Summary
- Average Salary: $83,250 per year.
- Growth Trend: Salaries have shifted 34.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,900.
- Outlook: Akron's market for Securities, Commodities, and Financial Services Sales Agents appears stable, with a total local workforce of 800 individuals in this profession. The Location Quotient of 0.81 indicates a slightly lower concentration of these roles compared to the national average, suggesting a steady but not exceptionally high demand within the immediate metropolitan area.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Akron, OH earns-24.6%below the national average.
$40
$1,601
$6,938
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Akron is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in the region have experienced growth over the past four years, mirroring national trends of increasing compensation in the financial sector driven by market performance and evolving industry demands.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Akron, OH
Career progression for Securities, Commodities, and Financial Services Sales Agents in Akron, OH, typically involves a significant salary increase with experience. Entry-level positions might start closer to $50,000-$60,000, while seasoned professionals with a proven track record and specialized expertise can command salaries well over $100,000, with percentile gaps clearly signifying substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,920 | $21.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $62,438 | $30 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $60,690 | $29.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $104,063 | $50 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $132,900 | $63.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$83,250
Gross Pay
Real Wage (Purchasing Power)
$83,250
Adjusted for COL (100)
With an average annual salary of $83,250 and a Cost of Living Index of 100, the nominal income in Akron, OH, for Securities, Commodities, and Financial Services Sales Agents holds its purchasing power directly in line with the national average. This means that while the salary is lower than the national average, the cost of living does not further diminish its real value, offering a balanced financial landscape.
Job Market Context
800
Total Jobs
2.493
Per 1K Jobs
0.81
Location Quotient
Akron, OH has 0.81x the national average concentration of Securities, Commodities, and Financial Services Sales Agents 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 0.81 for Securities, Commodities, and Financial Services Sales Agents in Akron, OH, suggests that the job market is slightly less concentrated than the national average. This indicates a moderate level of competition and availability, where professionals may find a balanced environment for seeking employment without being in an overly saturated or scarce market.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Akron, OH
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Akron, OH?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Akron, OH is $83,250. This typically ranges from $44,920 for entry-level positions to $132,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Akron, OH is 24.6% lower than the national median of $110,380.
Is Akron, OH a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.While the average salary of $83,250 is substantial, it falls significantly short of the national average of $110,380. However, the cost of living being at the national average means the salary's purchasing power is maintained locally.
Is Akron, OH a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Akron, OH?
Some top paying nearby cities include Canton-Massillon, OH ($63,440) and Cleveland, OH.
How does the number of jobs per 1,000 workers compare nationally?
Akron, OH has 2.493 jobs per 1,000 workers in this field, which is slightly below the national average, indicating a moderate presence of these roles within the local labor force.
What is the typical salary range for this role in Akron?
While the average is $83,250, entry-level positions might start around $50,000-$60,000, and senior roles with extensive experience and client portfolios could exceed $100,000 annually.
Is there high demand for these professionals in Akron?
The demand appears steady, with a workforce of 800 and a Location Quotient below 1.0, suggesting a stable but not rapidly expanding market for these specialized financial services roles.
How does Akron's cost of living affect the salary?
Akron's Cost of Living Index is exactly 100, meaning it matches the national average. Therefore, the $83,250 salary has the same relative purchasing power in Akron as the national average salary would have nationally.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 800 employees in the Akron, OH area with a job density of 2.493 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Akron, OH