In Crestview-Fort Walton Beach-Destin, FL, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $68,840. This figure is notably lower than the national average of $110,380, suggesting that local market dynamics and potentially a different industry focus within the region influence compensation. The specific economic landscape of the Florida Panhandle likely plays a significant role in shaping these salary expectations for financial sales professionals.
Executive Summary
- Average Salary: $68,840 per year.
- Growth Trend: Salaries have shifted 11.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,490.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Crestview-Fort Walton Beach-Destin, FL, shows a moderate level of concentration, with a Location Quotient of 1.12, indicating a slightly higher presence than the national average. With a total local workforce of 430 in this role, the demand appears stable, though not exceptionally high. The number of jobs per 1,000 workers at 3.445 suggests a consistent, albeit not booming, employment landscape for these professionals within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Crestview-Fort Walton Beach-Destin, FL earns-37.6%below the national average.
$33.1
$1,324
$5,737
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Crestview-Fort Walton Beach-Destin, FL, is not provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, inflation, and increasing demand for financial services typically drive salary increases for sales agents. Professionals in this field can expect their earning potential to have gradually improved, reflecting broader economic conditions and the evolving financial services sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
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 established 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 expertise, client acquisition skills, and ability to manage larger portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,670 | $22 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,630 | $24.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $50,700 | $24.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $86,050 | $41.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $105,490 | $50.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$68,840
Gross Pay
Real Wage (Purchasing Power)
$68,840
Adjusted for COL (100)
The nominal average annual salary of $68,840 in Crestview-Fort Walton Beach-Destin, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses. While the salary is lower than the national average for the role, the stable cost of living ensures that the take-home pay maintains its value relative to other parts of the country.
Job Market Context
430
Total Jobs
3.445
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Crestview-Fort Walton Beach-Destin, FL has a slightly higher-than-average concentration of Securities, Commodities, and Financial Services Sales Agents roles compared to the national norm.
With a Location Quotient of 1.12, the Crestview-Fort Walton Beach-Destin, FL, market exhibits a slightly higher concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests a moderately competitive environment where the demand for these professionals is present and perhaps slightly more pronounced than in other regions. While not oversaturated, the market offers a good number of opportunities for skilled individuals, indicating a healthy, albeit not intensely competitive, job landscape.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Crestview-Fort Walton Beach-Destin, FL is $68,840. This typically ranges from $45,670 for entry-level positions to $105,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 37.6% lower than the national median of $110,380.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.While the Cost of Living is average, the average salary of $68,840 is significantly lower than the national average of $110,380 for this role.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($55,580) and Panama City-Panama City Beach, FL.
How does the local salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Crestview-Fort Walton Beach-Destin, FL, is $68,840, which is considerably lower than the national average of $110,380.
What is the Cost of Living in Crestview-Fort Walton Beach-Destin, FL?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL, is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How many Securities, Commodities, and Financial Services Sales Agents work in this area?
There are approximately 430 Securities, Commodities, and Financial Services Sales Agents employed in the Crestview-Fort Walton Beach-Destin, FL, area, representing 3.445 jobs per 1,000 workers.
Is the job market for this role concentrated in Crestview-Fort Walton Beach-Destin, FL?
The job market shows a slight concentration, with a Location Quotient of 1.12, meaning the presence of these roles is slightly higher than the national average, suggesting a stable but not overly saturated demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 3.445 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 Crestview-Fort Walton Beach-Destin, FL