Securities, Commodities, and Financial Services Sales Agents in the Cincinnati, OH-KY-IN area earn an average annual salary of $90,000. This figure is notably below the national average of $110,380, suggesting that local market dynamics and industry demand play a significant role in compensation within this region. Factors such as the concentration of financial institutions and the overall economic landscape of the tri-state area likely influence these pay rates.
Executive Summary
- Average Salary: $90,000 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,910.
- Outlook: The Cincinnati region supports a workforce of 2,980 professionals in this sector, with a Location Quotient of 0.89 indicating a slightly lower concentration compared to the national average. While not a major hub, the steady presence of this workforce suggests a stable, albeit not rapidly expanding, demand for these specialized roles. The number of jobs per 1,000 workers (2.726) further reinforces the idea of a consistent, ongoing need for financial sales expertise within the local economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Cincinnati, OH-KY-IN earns-18.5%below the national average.
$43.3
$1,731
$7,500
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for the Cincinnati area is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced growth over the past four years, mirroring national trends. Economic recovery, evolving market demands, and inflation typically drive upward adjustments in compensation for skilled professionals in the financial services industry.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Cincinnati, OH-KY-IN
Salary progression for Securities, Commodities, and Financial Services Sales Agents is strongly tied to experience and performance. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with a proven track record and a robust client base can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, with senior agents often earning well above the average, reflecting their accumulated expertise and market influence.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,890 | $22.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $67,500 | $32.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $69,630 | $33.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $112,500 | $54.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $158,910 | $76.4 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$90,000
Gross Pay
Real Wage (Purchasing Power)
$90,000
Adjusted for COL (100)
The average annual salary of $90,000 in Cincinnati aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a $90,000 salary in Cincinnati is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective. Your earnings will likely cover expenses at a rate comparable to the rest of the country.
Job Market Context
2,980
Total Jobs
2.726
Per 1K Jobs
0.89
Location Quotient
Cincinnati, OH-KY-IN has 0.89x 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 0.89, the Cincinnati market for Securities, Commodities, and Financial Services Sales Agents is slightly less concentrated than the national average. This suggests that while the profession is present and active, it may not be as saturated as in major financial centers. This could translate to a competitive but potentially accessible job market for skilled individuals looking to enter or advance within the local financial services sector.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Cincinnati, OH-KY-IN?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Cincinnati, OH-KY-IN is $90,000. This typically ranges from $46,890 for entry-level positions to $158,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 18.5% lower than the national median of $110,380.
Is Cincinnati, OH-KY-IN a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.The average salary of $90,000 is below the national average of $110,380, although the cost of living is on par with the national average.
Is Cincinnati, OH-KY-IN a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($73,740) and Springfield, OH.
How does the Cincinnati salary compare to the national average?
The average salary of $90,000 in Cincinnati is approximately 18% lower than the national average of $110,380 for this profession.
What is the Cost of Living in Cincinnati like for financial professionals?
Cincinnati's Cost of Living Index is 100, which is exactly the national average, meaning your salary's purchasing power is standard.
Is there high demand for these roles in Cincinnati?
The demand appears stable, with 2,980 professionals and a Location Quotient of 0.89, indicating a consistent but not overly concentrated market.
How much does experience impact salary for these agents in Cincinnati?
Experience significantly boosts earning potential, with senior agents earning substantially more than entry-level professionals, reflecting career growth.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,980 employees in the Cincinnati, OH-KY-IN area with a job density of 2.726 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 Cincinnati, OH-KY-IN