In Charleston-North Charleston, SC, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $100,600. This figure is slightly below the national average of $110,380, suggesting localized market dynamics and potentially a different competitive landscape influence compensation in this region. The cost of living in Charleston-North Charleston is on par with the national average, meaning the purchasing power of this salary is directly comparable.
Executive Summary
- Average Salary: $100,600 per year.
- Growth Trend: Salaries have shifted 33.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $209,160.
- Outlook: The Charleston-North Charleston area supports a local workforce of 940 professionals in the Securities, Commodities, and Financial Services Sales Agents sector. With a Location Quotient of 0.79, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated market. The presence of 2.431 jobs per 1,000 workers suggests a steady demand for these specialized financial services professionals.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Charleston-North Charleston, SC earns-8.9%below the national average.
$48.4
$1,935
$8,383
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the financial services sector, including roles like Securities, Commodities, and Financial Services Sales Agents, has experienced consistent growth over the past four years. This growth is typically driven by evolving market conditions, increased investor activity, and the introduction of new financial products, leading to a gradual upward trend in average salaries across most metropolitan areas.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Charleston-North Charleston, SC
Salary progression for Securities, Commodities, and Financial Services Sales Agents is strongly tied to experience and performance. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and a robust client base can significantly exceed the average. The percentile gaps in salary distribution clearly signify career progression, with senior agents often earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,960 | $23.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $75,450 | $36.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $62,450 | $30 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $125,750 | $60.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $209,160 | $100.6 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$100,600
Gross Pay
Real Wage (Purchasing Power)
$100,600
Adjusted for COL (100)
The nominal average salary of $100,600 in Charleston-North Charleston aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of an agent's salary in this region is equivalent to the national average. Consequently, relocating professionals can expect their earnings to cover expenses at a rate consistent with national benchmarks, offering financial stability without significant adjustment.
Job Market Context
940
Total Jobs
2.431
Per 1K Jobs
0.79
Location Quotient
Charleston-North Charleston, SC has 0.79x 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 0.79 for Securities, Commodities, and Financial Services Sales Agents in Charleston-North Charleston indicates that this profession is slightly less concentrated than the national average. This suggests that while the market is established, there may be fewer specialized roles available compared to national hubs, potentially leading to a more competitive environment for securing positions or a slightly lower average salary due to less intense demand.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Charleston-North Charleston, SC
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Charleston-North Charleston, SC?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Charleston-North Charleston, SC is $100,600. This typically ranges from $47,960 for entry-level positions to $209,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 8.9% lower than the national median of $110,380.
Is Charleston-North Charleston, SC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Moderately. While the average salary is slightly below the national average, the cost of living is also at the national average.The average salary of $100,600 is competitive, especially considering the neutral cost of living. However, it falls short of the national average, indicating potential for higher earnings in other markets.
Is Charleston-North Charleston, SC a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($81,400) and Sumter, SC.
What is the average salary for Securities, Commodities, and Financial Services Sales Agents in Charleston-North Charleston, SC?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Charleston-North Charleston, SC is $100,600.
How does the Charleston-North Charleston salary compare to the national average?
The average salary in Charleston-North Charleston ($100,600) is slightly lower than the national average of $110,380.
What is the cost of living in Charleston-North Charleston, SC?
The cost of living in Charleston-North Charleston, SC is indexed at 100, which is exactly the national average.
Is the job market for these roles concentrated in Charleston-North Charleston?
No, the Location Quotient of 0.79 suggests that the concentration of these roles is slightly below the national average, indicating a less concentrated market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 940 employees in the Charleston-North Charleston, SC area with a job density of 2.431 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 Charleston-North Charleston, SC