In Hartford-West Hartford-East Hartford, CT, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $109,460. This figure is remarkably close to the national average of $110,380, indicating a stable and competitive market. Local economic factors and the specific demand within the financial services sector of the Hartford metropolitan area likely contribute to this compensation level.
Executive Summary
- Average Salary: $109,460 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $210,510.
- Outlook: The Hartford-West Hartford-East Hartford area supports a local workforce of 1,050 professionals in this field. With a Location Quotient of 0.58, the concentration of these roles is below the national average, suggesting that while the absolute number of jobs is substantial, the specialization is less pronounced compared to national trends. This indicates a steady, rather than rapidly expanding, demand for these specialized agents.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Hartford-West Hartford-East Hartford, CT earns-0.8%below the national average.
$52.6
$2,105
$9,122
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in Hartford-West Hartford-East Hartford have seen consistent growth over the past four years, mirroring national trends. Factors such as market performance, inflation, and evolving industry demands typically drive incremental increases in compensation for experienced professionals in this sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Hartford-West Hartford-East Hartford, CT
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and established client base can command salaries well into the upper percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $50,260 | $24.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $82,095 | $39.5 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $80,200 | $38.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $136,825 | $65.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $210,510 | $101.2 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$109,460
Gross Pay
Real Wage (Purchasing Power)
$109,460
Adjusted for COL (100)
The average annual salary of $109,460 in Hartford-West Hartford-East Hartford aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, offering a balanced financial landscape for professionals considering a move to or within the area.
Job Market Context
1,050
Total Jobs
1.767
Per 1K Jobs
0.58
Location Quotient
Hartford-West Hartford-East Hartford, CT has 0.58x 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 0.58 indicates that Securities, Commodities, and Financial Services Sales Agents are less concentrated in the Hartford-West Hartford-East Hartford area compared to the national average. This suggests that while the market is not oversaturated, the demand might be more specialized or tied to specific regional financial institutions, making it a moderately competitive environment for new entrants.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Hartford-West Hartford-East Hartford, CT
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Hartford-West Hartford-East Hartford, CT is $109,460. This typically ranges from $50,260 for entry-level positions to $210,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 0.8% lower than the national median of $110,380.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, it is a competitive location for these professionals.The average salary of $109,460 is nearly on par with the national average, and the cost of living is also at the national average, indicating strong earning potential relative to expenses.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Waterbury-Shelton, CT ($142,700) and Springfield, MA.
How does the Hartford salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Hartford-West Hartford-East Hartford, CT is $109,460, which is very close to the national average of $110,380.
What is the cost of living in Hartford-West Hartford-East Hartford, CT?
The Cost of Living Index for Hartford-West Hartford-East Hartford, CT is 100, which is exactly the national average.
How concentrated are these jobs in Hartford?
The Location Quotient of 0.58 indicates that these roles are less concentrated in Hartford compared to the national average, suggesting a specialized market.
What does the total local workforce size suggest?
With a total local workforce of 1,050 professionals in this field, Hartford-West Hartford-East Hartford supports a significant, though not exceptionally dense, segment of this industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 1.767 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 Hartford-West Hartford-East Hartford, CT