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Average Securities, Commodities, and Financial Services Sales Agents Salary in Coastal Plains Region of Texas nonmetropolitan area

Securities, Commodities, and Financial Services Sales Agents in the Coastal Plains Region of Texas nonmetropolitan area earn an average annual salary of $100,380. This figure is approximately 9% below the national average of $110,380, a difference often attributed to regional economic factors and the specific demand within this nonmetropolitan locale. The concentration of these specialized roles is also lower than the national benchmark.

Executive Summary

  • Average Salary: $100,380 per year.
  • Growth Trend: Salaries have shifted 0.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $150,570.
  • Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in the Coastal Plains Region of Texas is relatively niche, with a total local workforce of 220 individuals in this profession. The Location Quotient of 0.49 indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially more specialized job market. While the absolute number of jobs per 1,000 workers (1.501) is modest, it reflects the specific economic landscape of the region.
2024 Market Data

Salary Overview

$100,380

The average Securities, Commodities, and Financial Services Sales Agents in Coastal Plains Region of Texas nonmetropolitan area earns-9.1%below the national average.

BreakdownBased on 40h/week
Hourly

$48.3

Weekly

$1,930

Monthly

$8,365

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Coastal Plains Region of Texas nonmetropolitan area

Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start considerably lower than the average, while seasoned professionals with a proven track record and extensive client portfolios can command salaries well above the $100,380 average. The percentile gaps in earnings within this field signify the substantial rewards associated with developing expertise and building a strong professional network.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$43,500$20.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$75,285$36.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$54,330$26.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$125,475$60.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$150,570$72.4

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$100,380

Gross Pay

Real Wage (Purchasing Power)

$100,380

Adjusted for COL (100)

The nominal average annual salary of $100,380 in the Coastal Plains Region of Texas aligns perfectly with the national average 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, offering a stable financial foundation without the premium often associated with higher-cost metropolitan areas.

Job Market Context

220

Total Jobs

1.501

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Coastal Plains Region of Texas nonmetropolitan area 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.

With a Location Quotient of 0.49, the market for Securities, Commodities, and Financial Services Sales Agents in the Coastal Plains Region of Texas is less concentrated than the national average. This suggests that while the absolute number of opportunities might be fewer, the competition for talent could be less intense, potentially offering unique advantages for skilled professionals seeking to establish themselves in a less saturated environment.

Nearby Job Markets

Nearby Cities for Securities, Commodities, and Financial Services Sales Agents

Comparing salaries near Coastal Plains Region of Texas nonmetropolitan area

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Coastal Plains Region of Texas nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Coastal Plains Region of Texas nonmetropolitan area is $100,380. This typically ranges from $43,500 for entry-level positions to $150,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Coastal Plains Region of Texas nonmetropolitan area is 9.1% lower than the national median of $110,380.

Is Coastal Plains Region of Texas nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

Yes, with a caveat regarding national averages.The average salary of $100,380 is substantial, and with a Cost of Living Index of 100, it offers strong purchasing power equivalent to the national average.

Is Coastal Plains Region of Texas nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Coastal Plains Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Coastal Plains Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($73,270) and Waco, TX.

How does the Coastal Plains Region's salary compare to the national average?

The average salary of $100,380 in the Coastal Plains Region is approximately 9% lower than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.

What is the significance of the Location Quotient (LQ) in this region?

An LQ of 0.49 indicates that Securities, Commodities, and Financial Services Sales Agents are less concentrated in the Coastal Plains Region compared to the national average, suggesting a more specialized or less saturated job market.

How does the Cost of Living affect the salary in this region?

The Cost of Living Index is 100, which is the national average. This means the $100,380 salary has purchasing power equivalent to the national average, making it financially stable.

What is the total workforce size for this role in the Coastal Plains Region?

There are approximately 220 Securities, Commodities, and Financial Services Sales Agents employed in the Coastal Plains Region of Texas 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 220 employees in the Coastal Plains Region of Texas nonmetropolitan area area with a job density of 1.501 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.