Average Securities, Commodities, and Financial Services Sales Agents Salary in Binghamton, NY
The average salary for a Securities, Commodities, and Financial Services Sales Agents in Binghamton, NY is $104,770. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $104,770 per year.
- Growth Trend: Salaries have shifted 30.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $185,340.
- Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Binghamton, NY earns-5.1%below the national average.
$50.4
$2,015
$8,731
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 Binghamton, NY have experienced a rapid surge, growing by 30.1%. 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 Binghamton, NY
The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Binghamton, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $49,170, while highly experienced professionals can command wages upwards of $185,340.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $49,170 | $23.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $78,578 | $37.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $71,230 | $34.2 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $130,963 | $63 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $185,340 | $89.1 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$104,770
Gross Pay
Real Wage (Purchasing Power)
$104,770
Adjusted for COL (100)
In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $104,770 to $104,770.
Job Market Context
100
Total Jobs
1.056
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Binghamton, NY 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.
100 people work as Securities, Commodities, and Financial Services Sales Agents in Binghamton, NY.
1.056 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 Binghamton, NY
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Binghamton, NY?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Binghamton, NY is $104,770. This typically ranges from $49,170 for entry-level positions to $185,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 5.1% lower than the national median of $110,380.
Is Binghamton, NY 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 Binghamton, NY is $104,770 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Binghamton, NY. See distinct detailed breakdown below.
Is Binghamton, NY a good place to live for Securities, Commodities, and Financial Services Sales Agents?
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 ($96,660) and Elmira, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Binghamton, NY area with a job density of 1.056 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 Binghamton, NY