Securities, Commodities, and Financial Services Sales Agents in the Durham-Chapel Hill, NC area earn an average annual salary of $94,320. This figure is notably below the national average of $110,380, suggesting that local market dynamics and potentially a different industry focus within the region influence compensation levels for these specialized roles.
Executive Summary
- Average Salary: $94,320 per year.
- Growth Trend: Salaries have shifted 8.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $184,630.
- Outlook: With a local workforce of 850 professionals in this sector, the Durham-Chapel Hill area demonstrates a stable, albeit not overwhelmingly concentrated, presence of Securities, Commodities, and Financial Services Sales Agents. The Location Quotient of 0.81 indicates a slightly lower concentration compared to the national average, suggesting a moderate demand that aligns with the existing workforce size.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Durham-Chapel Hill, NC earns-14.5%below the national average.
$45.4
$1,814
$7,860
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in Durham-Chapel Hill have experienced growth over the past four years, mirroring national trends. Factors such as economic expansion, evolving market demands, and inflation likely contributed to an upward trajectory in compensation for professionals in this field.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Durham-Chapel Hill, NC
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with proven track records and specialized expertise can command salaries well into the upper percentiles, reflecting their value and contribution to client success and firm revenue.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,720 | $22.9 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $70,740 | $34 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $63,670 | $30.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $117,900 | $56.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $184,630 | $88.8 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$94,320
Gross Pay
Real Wage (Purchasing Power)
$94,320
Adjusted for COL (100)
The average salary of $94,320 in Durham-Chapel Hill, NC, 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 financial landscape for professionals considering a move to or within the region.
Job Market Context
850
Total Jobs
2.492
Per 1K Jobs
0.81
Location Quotient
Durham-Chapel Hill, NC has 0.81x 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 0.81 for Securities, Commodities, and Financial Services Sales Agents in Durham-Chapel Hill suggests that this profession is slightly less concentrated than the national average. This could indicate a market with moderate competition, potentially offering opportunities for skilled professionals without being oversaturated.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Durham-Chapel Hill, NC
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Durham-Chapel Hill, NC?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Durham-Chapel Hill, NC is $94,320. This typically ranges from $47,720 for entry-level positions to $184,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 14.5% lower than the national median of $110,380.
Is Durham-Chapel Hill, NC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not as lucrative as the national average.While the average salary of $94,320 is substantial, it falls below the national average of $110,380. However, the cost of living being at the national average makes the local salary's purchasing power equivalent nationally.
Is Durham-Chapel Hill, NC a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($95,400) and Burlington, NC.
What is the average salary for a Securities, Commodities, and Financial Services Sales Agent in Durham-Chapel Hill, NC?
The average annual salary for a Securities, Commodities, and Financial Services Sales Agent in Durham-Chapel Hill, NC is $94,320.
How does the Durham-Chapel Hill salary compare to the national average?
The average salary in Durham-Chapel Hill ($94,320) is lower than the national average ($110,380).
What is the Cost of Living Index in Durham-Chapel Hill, NC?
The Cost of Living Index in Durham-Chapel Hill, NC is 100, which is the same as the national average.
How concentrated is the job market for this role in Durham-Chapel Hill, NC?
The job market is slightly less concentrated than the national average, with a Location Quotient of 0.81.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the Durham-Chapel Hill, NC area with a job density of 2.492 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 Durham-Chapel Hill, NC