Average Securities, Commodities, and Financial Services Sales Agents Salary in Fort Wayne, IN
In Fort Wayne, IN, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $97,620. This figure is notably below the national average of $110,380, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $97,620 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $191,510.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Fort Wayne, IN, comprises approximately 300 professionals. With a Location Quotient of 0.44, the concentration of these roles is below the national average, indicating a less saturated but potentially growing market. The presence of 1.332 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for these specialized skills.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Fort Wayne, IN earns-11.6%below the national average.
$46.9
$1,877
$8,135
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Fort Wayne is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced a general upward trend over the past four years, mirroring national patterns of wage growth in the financial sector. This growth is typically driven by inflation, increased demand for financial services, and the evolving complexity of financial markets.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Fort Wayne, IN
Career progression for Securities, Commodities, and Financial Services Sales Agents in Fort Wayne, IN, is typically marked by increasing earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps reflect the value placed on expertise, client portfolios, and sales performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,720 | $23.4 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $73,215 | $35.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $68,880 | $33.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $122,025 | $58.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $191,510 | $92.1 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$97,620
Gross Pay
Real Wage (Purchasing Power)
$97,620
Adjusted for COL (100)
The average annual salary of $97,620 in Fort Wayne, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, providing a stable financial foundation for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
300
Total Jobs
1.332
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Fort Wayne, 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 0.44, Fort Wayne, IN, has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the market is not as densely populated with these professionals as other regions, there is still a consistent presence and demand for their services, offering opportunities for those looking to enter or advance in the field.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Securities, Commodities, and Financial Services Sales Agents Salary | $72,890↓ 25% | 59 mi |
| Elkhart-Goshen, IN Securities, Commodities, and Financial Services Sales Agents Salary | $107,860↑ 10% | 59 mi |
| Kokomo, IN Securities, Commodities, and Financial Services Sales Agents Salary | $124,260↑ 27% | 67 mi |
| South Bend-Mishawaka, IN-MI Securities, Commodities, and Financial Services Sales Agents Salary | $95,970↓ 2% | 71 mi |
Comparing salaries near Fort Wayne, IN
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Fort Wayne, IN?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Fort Wayne, IN is $97,620. This typically ranges from $48,720 for entry-level positions to $191,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 11.6% lower than the national median of $110,380.
Is Fort Wayne, IN a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.While the average salary of $97,620 is substantial, it falls below the national average of $110,380. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Fort Wayne, IN a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($72,890) and Elkhart-Goshen, IN.
What is the average salary for this role in Fort Wayne, IN?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Fort Wayne, IN, is $97,620.
How does Fort Wayne's cost of living compare to the national average?
Fort Wayne, IN, has a Cost of Living Index of 100, which is exactly the national average, indicating a balanced cost of living.
Is the market for these roles saturated in Fort Wayne?
With a Location Quotient of 0.44, the market is less concentrated than the national average, suggesting it is not saturated and may offer good opportunities.
How many of these professionals work in Fort Wayne?
There are approximately 300 Securities, Commodities, and Financial Services Sales Agents working in Fort Wayne, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Fort Wayne, IN area with a job density of 1.332 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 Fort Wayne, IN