Average Securities, Commodities, and Financial Services Sales Agents Salary in Birmingham, AL
Securities, Commodities, and Financial Services Sales Agents in Birmingham, AL earn an average annual salary of $81,570. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and a different market dynamic. The specific demand and cost structures within Birmingham contribute to this localized compensation.
Executive Summary
- Average Salary: $81,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,960.
- Outlook: With a local workforce of 1,190 professionals in this sector, Birmingham presents a moderate employment landscape for Securities, Commodities, and Financial Services Sales Agents. The Location Quotient of 0.75 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not exceptionally robust demand.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Birmingham, AL earns-26.1%below the national average.
$39.2
$1,569
$6,798
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data 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 broader economic trends and inflation. This upward trajectory is typical for roles within the financial services industry, driven by market performance and evolving client needs.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Birmingham, AL
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range can expand considerably, with experienced professionals often earning substantially more than their junior counterparts, reflecting accumulated expertise and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,360 | $22.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $61,178 | $29.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $63,180 | $30.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $101,963 | $49 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $135,960 | $65.4 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$81,570
Gross Pay
Real Wage (Purchasing Power)
$81,570
Adjusted for COL (100)
The average salary of $81,570 in Birmingham, AL, aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Birmingham-based agent's salary is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
1,190
Total Jobs
2.304
Per 1K Jobs
0.75
Location Quotient
Birmingham, AL has 0.75x 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.
A Location Quotient of 0.75 for Securities, Commodities, and Financial Services Sales Agents in Birmingham indicates that this profession is slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor exceptionally scarce, offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Birmingham, AL
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Birmingham, AL?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Birmingham, AL is $81,570. This typically ranges from $46,360 for entry-level positions to $135,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 26.1% lower than the national median of $110,380.
Is Birmingham, AL a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.While the average salary of $81,570 is respectable, it falls significantly below the national average of $110,380. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Birmingham, AL a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($67,230) and Northeast Alabama nonmetropolitan area.
What is the average salary for this role in Birmingham, AL?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Birmingham, AL is $81,570.
How does Birmingham's salary compare to the national average?
The average salary in Birmingham ($81,570) is lower than the national average ($110,380).
What is the cost of living in Birmingham, AL?
Birmingham, AL has a Cost of Living Index of 100, which is the same as the national average.
How concentrated is this job market in Birmingham?
The job market for this role in Birmingham has a Location Quotient of 0.75, indicating it is slightly less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,190 employees in the Birmingham, AL area with a job density of 2.304 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 Birmingham, AL