Average Securities, Commodities, and Financial Services Sales Agents Salary in Baton Rouge, LA
In Baton Rouge, LA, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $69,330. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and demand specific to the Louisiana market. Local market dynamics, including industry concentration and the overall economic landscape, play a significant role in shaping compensation for these specialized roles.
Executive Summary
- Average Salary: $69,330 per year.
- Growth Trend: Salaries have shifted 8.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,810.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Baton Rouge, LA, is characterized by a total local workforce of 610 individuals. With a Location Quotient of 0.49, the concentration of these professionals is below the national average, suggesting a niche presence within the local economy. The rate of 1.504 jobs per 1,000 workers indicates a moderate level of employment opportunities within this sector.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Baton Rouge, LA earns-37.2%below the national average.
$33.3
$1,333
$5,778
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Baton Rouge is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial services, and the evolving complexity of financial markets, leading to upward pressure on compensation across the industry.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Baton Rouge, LA
Salary progression for Securities, Commodities, and Financial Services Sales Agents in Baton Rouge, LA, is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and specialized expertise can significantly increase their earning potential. The percentile gaps between junior and senior roles highlight the substantial career advancement and earning opportunities available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $31,390 | $15.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,998 | $25 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $57,380 | $27.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $86,663 | $41.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $104,810 | $50.4 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$69,330
Gross Pay
Real Wage (Purchasing Power)
$69,330
Adjusted for COL (100)
The average annual salary of $69,330 in Baton Rouge, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial standing for professionals residing in the area without the added financial strain of a higher cost of living.
Job Market Context
610
Total Jobs
1.504
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Baton Rouge, LA 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.
With a Location Quotient of 0.49, Baton Rouge, LA, has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that the job market in this specific location may be less saturated, potentially offering unique opportunities for skilled professionals. However, it also implies that the demand might be more specialized or tied to specific regional financial institutions.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Baton Rouge, LA
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Baton Rouge, LA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Baton Rouge, LA is $69,330. This typically ranges from $31,390 for entry-level positions to $104,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baton Rouge, LA is 37.2% lower than the national median of $110,380.
Is Baton Rouge, LA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, it is not as lucrative as the national average.The average salary of $69,330 is significantly lower than the national average of $110,380. While the cost of living is average, the compensation does not reach the national benchmark for this profession.
Is Baton Rouge, LA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Baton Rouge, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baton Rouge, LA?
Some top paying nearby cities include Lafayette, LA ($92,000) and Southwest Louisiana nonmetropolitan area.
What is the average salary for this role in Baton Rouge, LA?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Baton Rouge, LA is $69,330.
How does Baton Rouge's cost of living compare to the national average?
Baton Rouge, LA has a Cost of Living Index of 100, which is exactly the national average.
Is there high demand for these professionals in Baton Rouge?
The Location Quotient of 0.49 suggests a lower concentration of these professionals compared to the national average, indicating a potentially less saturated but more specialized market.
What is the total number of these professionals in Baton Rouge?
There are approximately 610 Securities, Commodities, and Financial Services Sales Agents working in Baton Rouge, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Baton Rouge, LA area with a job density of 1.504 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 Baton Rouge, LA