Securities, Commodities, and Financial Services Sales Agents in the Central Kentucky nonmetropolitan area earn an average annual salary of $79,620. This figure is notably lower than the national average of $110,380, reflecting the distinct economic landscape and demand drivers present in this specific region compared to broader national trends.
Executive Summary
- Average Salary: $79,620 per year.
- Growth Trend: Salaries have shifted 84.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,410.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Central Kentucky's nonmetropolitan area appears stable, albeit with a localized focus. With a total workforce of 380 professionals in this role, the concentration, indicated by a Location Quotient of 0.71, suggests a slightly lower presence than the national average. This implies a moderate but not oversaturated demand for these specialized skills within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Central Kentucky nonmetropolitan area earns-27.9%below the national average.
$38.3
$1,531
$6,635
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Central Kentucky 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 requiring specialized financial knowledge and sales acumen, driven by evolving market demands and the need to attract and retain talent.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Central Kentucky nonmetropolitan area
Career progression for Securities, Commodities, and Financial Services Sales Agents in Central Kentucky typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, build client portfolios, and achieve higher sales volumes, their earnings can ascend to senior levels, often reflected in the higher salary percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,000 | $22.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $59,715 | $28.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,570 | $23.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $99,525 | $47.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $126,410 | $60.8 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$79,620
Gross Pay
Real Wage (Purchasing Power)
$79,620
Adjusted for COL (100)
The nominal average salary of $79,620 in Central Kentucky's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average. Therefore, the reported salary offers a standard of living comparable to the national median, making it neither exceptionally high nor low in terms of real value.
Job Market Context
380
Total Jobs
2.169
Per 1K Jobs
0.71
Location Quotient
Central Kentucky nonmetropolitan area has 0.71x 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.
With a Location Quotient of 0.71, the Central Kentucky nonmetropolitan area has a slightly lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the profession is present, it is not as densely populated as in other regions, potentially indicating a less competitive market for job seekers but also a more specialized demand from employers within the area.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Central Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Central Kentucky nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Central Kentucky nonmetropolitan area is $79,620. This typically ranges from $46,000 for entry-level positions to $126,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Kentucky nonmetropolitan area is 27.9% lower than the national median of $110,380.
Is Central Kentucky nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.While the average salary of $79,620 is substantial, it falls significantly below the national average of $110,380. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.
Is Central Kentucky nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($77,460) and Elizabethtown, KY.
How does the Central Kentucky salary compare to the national average?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Central Kentucky is $79,620, which is considerably lower than the national average of $110,380.
What is the concentration of this job role in Central Kentucky?
The concentration of Securities, Commodities, and Financial Services Sales Agents in Central Kentucky is indicated by a Location Quotient of 0.71, meaning it is slightly less concentrated than the national average.
Does the cost of living affect the salary's value in Central Kentucky?
No, the cost of living in Central Kentucky is at the national average (100), meaning the $79,620 salary offers a purchasing power equivalent to the national median.
How many Securities, Commodities, and Financial Services Sales Agents are there in Central Kentucky?
There are approximately 380 Securities, Commodities, and Financial Services Sales Agents employed in the Central Kentucky nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Central Kentucky nonmetropolitan area area with a job density of 2.169 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 Central Kentucky nonmetropolitan area