Average Securities, Commodities, and Financial Services Sales Agents Salary in Evansville, IN
Securities, Commodities, and Financial Services Sales Agents in Evansville, IN earn an average annual salary of $94,450. This figure is notably below the national average of $110,380, reflecting regional economic factors and the specific demand dynamics within the Evansville market. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $94,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,630.
- Outlook: The local workforce for Securities, Commodities, and Financial Services Sales Agents in Evansville, IN, comprises approximately 200 individuals. With a Location Quotient of 0.48, the concentration of these roles is less than half the national average, suggesting a smaller, potentially less saturated, but also less robust job market compared to national hubs.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Evansville, IN earns-14.4%below the national average.
$45.4
$1,816
$7,871
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Evansville is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial services, and evolving market conditions, though local economic performance can moderate the pace of salary increases.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Evansville, IN
Career progression for Securities, Commodities, and Financial Services Sales Agents in Evansville, IN, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced professionals often widens considerably, reflecting the accumulation of expertise, client portfolios, and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $45,800 | $22 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $70,838 | $34.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,240 | $35.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $118,063 | $56.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $162,630 | $78.2 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$94,450
Gross Pay
Real Wage (Purchasing Power)
$94,450
Adjusted for COL (100)
The average annual salary of $94,450 in Evansville, IN, aligns precisely with the national average cost of living, indicated by an index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the nominal income is lower than the national average for this role, the cost of goods and services locally does not present a disadvantage.
Job Market Context
200
Total Jobs
1.472
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Evansville, IN 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 0.48, Evansville, IN, has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This indicates that the job market in this specific sector is less developed or in lower demand relative to the overall employment landscape in the city, making it a less competitive but potentially more specialized environment for these professionals.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Evansville, 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 Evansville, IN?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Evansville, IN is $94,450. This typically ranges from $45,800 for entry-level positions to $162,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 14.4% lower than the national median of $110,380.
Is Evansville, IN a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to national averages.The average salary of $94,450 is below the national average, and the job market concentration is less than half the national average. However, the cost of living being at the national average mitigates some of this disparity.
Is Evansville, IN a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($93,190) and Bowling Green, KY.
What is the average salary for a Securities Agent in Evansville, IN?
The average annual salary for a Securities, Commodities, and Financial Services Sales Agent in Evansville, IN, is $94,450.
How does Evansville's cost of living compare to the national average?
Evansville, IN, has a cost of living index of 100, which is exactly at the national average.
Is there high demand for financial sales agents in Evansville?
The Location Quotient of 0.48 suggests that the concentration of these roles in Evansville is below the national average, indicating lower relative demand compared to other regions.
How many financial sales agent jobs are there per 1,000 workers in Evansville?
There are approximately 1.472 jobs for Securities, Commodities, and Financial Services Sales Agents per 1,000 workers in Evansville, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Evansville, IN area with a job density of 1.472 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 Evansville, IN