In Bakersfield-Delano, CA, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $87,360. This figure is notably below the national average of $110,380, indicating localized economic factors and market dynamics influence compensation in this region. The specific demand and industry concentration within Bakersfield-Delano play a significant role in shaping these salary expectations.
Executive Summary
- Average Salary: $87,360 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $155,070.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Bakersfield-Delano, CA, comprises approximately 420 professionals. With a Location Quotient of 0.41, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The presence of 1.258 jobs per 1,000 workers indicates a steady, albeit modest, employment landscape for this profession within the area.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Bakersfield-Delano, CA earns-20.9%below the national average.
$42
$1,680
$7,280
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Bakersfield-Delano is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced gradual growth over the past four years, mirroring broader economic trends and inflation. Market adjustments, evolving industry demands, and the general upward pressure on wages likely contributed to incremental increases in compensation for professionals in this field.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Bakersfield-Delano, CA
Career progression for Securities, Commodities, and Financial Services Sales Agents 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 and specialized expertise can command salaries in the higher percentiles. The widening gap between entry-level and senior-level earnings underscores the value placed on experience, client portfolios, and demonstrated success in the financial services sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,890 | $23 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $65,520 | $31.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $62,220 | $29.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $109,200 | $52.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $155,070 | $74.6 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$87,360
Gross Pay
Real Wage (Purchasing Power)
$87,360
Adjusted for COL (100)
The nominal average annual salary of $87,360 in Bakersfield-Delano, CA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average, suggesting that while the salary is lower than the national average for this role, the cost of living does not disproportionately diminish its value. Residents can expect their earnings to cover essential expenses at a rate consistent with the rest of the country.
Job Market Context
420
Total Jobs
1.258
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Bakersfield-Delano, CA has a notably lower concentration of Securities, Commodities, and Financial Services Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.41 for Securities, Commodities, and Financial Services Sales Agents in Bakersfield-Delano, CA, signifies that this profession is less concentrated in the local job market compared to the national average. This suggests that while there are dedicated roles available, the overall demand might be lower, or the industry is less developed relative to other sectors. Professionals entering this market may find fewer direct competitors but also potentially fewer specialized opportunities compared to more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Bakersfield-Delano, CA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Bakersfield-Delano, CA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Bakersfield-Delano, CA is $87,360. This typically ranges from $47,890 for entry-level positions to $155,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bakersfield-Delano, CA is 20.9% lower than the national median of $110,380.
Is Bakersfield-Delano, CA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.While the average salary of $87,360 is substantial, it falls significantly short of the national average of $110,380 for this role. However, the cost of living being at the national average means the salary's purchasing power is maintained locally.
Is Bakersfield-Delano, CA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Bakersfield-Delano, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bakersfield-Delano, CA?
Some top paying nearby cities include North Coast Region of California nonmetropolitan area ($83,920) and North Valley-Northern Mountains Region of California nonmetropolitan area.
How does the local workforce size affect job opportunities?
With a total local workforce of 420 for this specific role, the market is relatively small, indicating fewer positions may be available compared to larger metropolitan areas, potentially making job searches more targeted.
What does a Location Quotient of 0.41 mean for job seekers?
A Location Quotient below 1.0, like 0.41, suggests that Securities, Commodities, and Financial Services Sales Agents are less prevalent in Bakersfield-Delano than the national average, implying a potentially less competitive but also less specialized job market.
How does the cost of living impact the $87,360 salary?
Since the Cost of Living Index is 100 (the national average), the $87,360 salary offers purchasing power equivalent to the national average, meaning expenses are neither significantly cheaper nor more expensive than the typical US city.
Are there many job openings for this role in Bakersfield-Delano?
With 1.258 jobs per 1,000 workers, the availability of positions is modest, suggesting a steady but not booming demand for Securities, Commodities, and Financial Services Sales Agents in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Bakersfield-Delano, CA area with a job density of 1.258 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 Bakersfield-Delano, CA