Securities, Commodities, and Financial Services Sales Agents in Eastern Ohio's nonmetropolitan areas earn an average annual salary of $71,710. This figure significantly trails the national average of $110,380, reflecting the unique economic dynamics and potentially lower demand for specialized financial services in this region. The localized pay structure is a direct consequence of the area's specific market conditions and industry concentration.
Executive Summary
- Average Salary: $71,710 per year.
- Growth Trend: Salaries have shifted 53.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,660.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Eastern Ohio's nonmetropolitan areas presents a modest outlook, with a total local workforce of 210 individuals in this role. The Location Quotient of 0.51 indicates a concentration less than half the national average, suggesting that this profession is not a primary driver of the local economy. While there are 1.562 jobs per 1,000 workers, the lower concentration points to a less robust demand compared to national trends.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Eastern Ohio nonmetropolitan area earns-35.0%below the national average.
$34.5
$1,379
$5,976
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Eastern Ohio's nonmetropolitan areas is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and inflation. The financial services sector typically experiences fluctuations, but a consistent, albeit potentially modest, increase in compensation for skilled professionals is generally observed across most regions.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Eastern Ohio nonmetropolitan area
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions might start considerably below the average, while seasoned professionals with established client bases and advanced certifications can command salaries well above the $71,710 mark. The percentile gaps in salary distribution clearly signify the potential for substantial career and financial growth within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,360 | $21.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $53,783 | $25.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,330 | $28.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $89,638 | $43.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $118,660 | $57 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$71,710
Gross Pay
Real Wage (Purchasing Power)
$71,710
Adjusted for COL (100)
The nominal average salary of $71,710 in Eastern Ohio's nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average. Therefore, while the salary is lower than the national average for this profession, the cost of living does not exacerbate the difference, offering a stable financial standing relative to national benchmarks.
Job Market Context
210
Total Jobs
1.562
Per 1K Jobs
0.51
Location Quotient
Eastern Ohio nonmetropolitan area has 0.51x 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 0.51, the market for Securities, Commodities, and Financial Services Sales Agents in Eastern Ohio's nonmetropolitan areas is less concentrated than the national average. This suggests that the job market is not saturated, but it also implies a lower overall demand for these specialized roles compared to more metropolitan or financially-driven regions. Professionals may find fewer opportunities but potentially less competition for available positions.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Eastern Ohio nonmetropolitan area
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Eastern Ohio nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Eastern Ohio nonmetropolitan area is $71,710. This typically ranges from $44,360 for entry-level positions to $118,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern Ohio nonmetropolitan area is 35.0% lower than the national median of $110,380.
Is Eastern Ohio nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, it is not considered particularly lucrative compared to national standards.The average salary of $71,710 is substantially lower than the national average of $110,380, despite a cost of living that matches the national index.
Is Eastern Ohio nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Eastern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern Ohio nonmetropolitan area?
Some top paying nearby cities include Mansfield, OH ($65,050) and Columbus, OH.
How does the local workforce size affect job prospects?
A local workforce of 210 suggests a smaller, more specialized market. While this can mean less competition, it also indicates fewer overall opportunities compared to larger metropolitan areas.
What does a Location Quotient of 0.51 mean for this role?
A Location Quotient of 0.51 signifies that this profession is half as concentrated in Eastern Ohio's nonmetropolitan areas as it is nationally, indicating a lower prevalence and potentially less industry support.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $71,710 salary has the same purchasing power as the national average. This offsets the lower nominal salary to some extent, making the effective financial standing comparable to the national average.
Are there many job openings for this profession in the area?
With 1.562 jobs per 1,000 workers, the availability of jobs is relatively low, suggesting that opportunities may be scarce and highly sought after within this specific nonmetropolitan region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Eastern Ohio nonmetropolitan area area with a job density of 1.562 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 Eastern Ohio nonmetropolitan area