Average Securities, Commodities, and Financial Services Sales Agents Salary in Florida
Securities, Commodities, and Financial Services Sales Agents in Florida earn an average annual salary of $89,700. This figure is notably below the national average of $110,380, reflecting regional economic factors and market dynamics specific to the Sunshine State. While the nominal salary may seem lower, understanding the local cost of living and job market concentration is crucial for a complete financial picture.
Executive Summary
- Average Salary: $89,700 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $178,780.
- Outlook: With a substantial local workforce of 45,570 professionals, the demand for Securities, Commodities, and Financial Services Sales Agents in Florida is evident. The Location Quotient of 1.51 indicates a significantly higher concentration of these roles compared to the national average, suggesting a robust and active job market within the state. This concentration points to strong industry presence and ongoing opportunities for skilled professionals.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Florida earns-18.7%below the national average.
$43.1
$1,725
$7,475
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a general upward trend in salaries for Securities, Commodities, and Financial Services Sales Agents in Florida over the past four years, mirroring national trends. Economic growth, evolving market demands, and inflation typically contribute to salary increases in this sector, suggesting that professionals in Florida have likely seen their earning potential grow.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Florida
Salary progression for Securities, Commodities, and Financial Services Sales Agents is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and specialized knowledge can significantly increase their earnings. The percentile gaps in salary data, though not detailed here, inherently signify the career progression and earning potential available as one moves from junior to senior roles within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,070 | $22.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $67,275 | $32.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $60,430 | $29.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $112,125 | $53.9 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $178,780 | $86 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$89,700
Gross Pay
Real Wage (Purchasing Power)
$87,683
Adjusted for COL (102.3)
The average annual salary of $89,700 in Florida needs to be considered alongside its Cost of Living Index of 102.3. This index indicates that the cost of living in Florida is slightly higher than the national average (100). Therefore, while the nominal salary is below the national average, the purchasing power of $89,700 in Florida is slightly diminished compared to a national average salary in a more cost-neutral location.
Job Market Context
45,570
Total Jobs
4.641
Per 1K Jobs
1.51
Location Quotient
Florida has 1.5x the national concentration of Securities, Commodities, and Financial Services Sales Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Florida's Location Quotient of 1.51 for Securities, Commodities, and Financial Services Sales Agents signifies a market that is 51% more concentrated than the national average. This suggests a highly active and competitive job market with a greater density of these specialized roles. Such a concentration implies a strong industry presence and potentially more opportunities, but also indicates a larger pool of talent vying for those positions.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Florida
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Florida?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Florida is $89,700. This typically ranges from $46,070 for entry-level positions to $178,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 18.7% lower than the national median of $110,380.
Is Florida a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, with caveats.While the average salary is below the national benchmark, Florida's high concentration of these roles (LQ 1.51) and substantial workforce suggest ample opportunities. However, the slightly above-average cost of living means the purchasing power of the salary is moderated.
Is Florida a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Sebring, FL ($65,200) and Lakeland-Winter Haven, FL.
How does Florida's job market compare nationally for this role?
Florida's job market for Securities, Commodities, and Financial Services Sales Agents is more concentrated than the national average, as indicated by a Location Quotient of 1.51. This means the industry is more prominent in Florida relative to its overall workforce.
What is the average salary for this role in Florida?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Florida is $89,700.
Is the cost of living high in Florida for financial professionals?
Florida's Cost of Living Index is 102.3, which is slightly above the national average of 100. This means daily expenses are marginally higher than the national norm.
How many financial sales professionals work in Florida?
There are approximately 45,570 Securities, Commodities, and Financial Services Sales Agents employed in Florida.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 45,570 employees in the Florida area with a job density of 4.641 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 Florida