Average Securities, Commodities, and Financial Services Sales Agents Salary in Bay City, MI
The average salary for Securities, Commodities, and Financial Services Sales Agentss in Bay City, MI is $84,790. While this is lower than the national average, the cost of living in Bay City, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $84,790 per year.
- Growth Trend: Salaries have shifted 27.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $202,330.
- Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Bay City, MI economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Bay City, MI earns-23.2%below the national average.
$40.8
$1,631
$7,066
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Securities, Commodities, and Financial Services Sales Agents salaries in Bay City, MI have experienced a rapid surge, growing by 27.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Bay City, MI
The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Bay City, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $44,020, while highly experienced professionals can command wages upwards of $202,330.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,020 | $21.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $63,593 | $30.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,180 | $28.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $105,988 | $51 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $202,330 | $97.3 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$84,790
Gross Pay
Real Wage (Purchasing Power)
$84,790
Adjusted for COL (100)
In Bay City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $84,790 to $84,790.
Job Market Context
40
Total Jobs
1.184
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Bay City, MI 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.
40 people work as Securities, Commodities, and Financial Services Sales Agents in Bay City, MI.
1.184 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Bay City, MI
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Bay City, MI?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Bay City, MI is $84,790. This typically ranges from $44,020 for entry-level positions to $202,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bay City, MI is 23.2% lower than the national median of $110,380.
Is Bay City, MI a good place for Securities, Commodities, and Financial Services Sales Agentss?
It depends on your priorities. While the average Securities, Commodities, and Financial Services Sales Agents salary in Bay City, MI is $84,790 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Bay City, MI. See distinct detailed breakdown below.
Is Bay City, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Bay City, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bay City, MI?
Some top paying nearby cities include Saginaw, MI ($86,450) and Midland, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Bay City, MI area with a job density of 1.184 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 Bay City, MI