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Average Securities, Commodities, and Financial Services Sales Agents Salary in Hilton Head Island-Bluffton-Port Royal, SC

In Hilton Head Island-Bluffton-Port Royal, SC, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $81,400. This figure is notably below the national average of $110,380, suggesting that local market dynamics, such as industry demand and the specific economic landscape of the region, play a significant role in compensation levels.

Executive Summary

  • Average Salary: $81,400 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,590.
  • Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Hilton Head Island-Bluffton-Port Royal, SC, appears moderately concentrated, with a total workforce of 310 individuals in this role. The Location Quotient of 1.26 indicates a slightly higher presence of these professionals compared to the national average, suggesting a stable, albeit not booming, demand for their specialized skills within the region.
2024 Market Data

Salary Overview

$81,400

The average Securities, Commodities, and Financial Services Sales Agents in Hilton Head Island-Bluffton-Port Royal, SC earns-26.3%below the national average.

BreakdownBased on 40h/week
Hourly

$39.1

Weekly

$1,565

Monthly

$6,783

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Hilton Head Island-Bluffton-Port Royal, SC

Career progression for Securities, Commodities, and Financial Services Sales Agents significantly impacts earning potential. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive experience and a proven track record can command salaries well into the higher percentiles. The gap between entry-level and senior roles reflects the value placed on expertise, client portfolios, and sales performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$38,260$18.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$61,050$29.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$57,250$27.5
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$101,750$48.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$170,590$82

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$81,400

Gross Pay

Real Wage (Purchasing Power)

$81,400

Adjusted for COL (100)

The average annual salary of $81,400 in Hilton Head Island-Bluffton-Port Royal, SC, aligns precisely with the national average cost of living, which is indexed at 100. This means that while the nominal salary is lower than the national average for this profession, the purchasing power of that salary is equivalent to the national average, offering a balanced financial outlook for residents.

Job Market Context

310

Total Jobs

3.847

Per 1K Jobs

1.26

Location Quotient

Above Average

With a location quotient of 1.26, Hilton Head Island-Bluffton-Port Royal, SC has a slightly higher-than-average concentration of Securities, Commodities, and Financial Services Sales Agents roles compared to the national norm.

With a Location Quotient of 1.26, Hilton Head Island-Bluffton-Port Royal, SC, shows a concentration of Securities, Commodities, and Financial Services Sales Agents that is 26% higher than the national average. This suggests a competitive yet accessible market, where the demand is slightly elevated, offering opportunities for skilled professionals to establish themselves within the local financial services industry.

Nearby Job Markets

Nearby Cities for Securities, Commodities, and Financial Services Sales Agents

Comparing salaries near Hilton Head Island-Bluffton-Port Royal, SC

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Hilton Head Island-Bluffton-Port Royal, SC?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Hilton Head Island-Bluffton-Port Royal, SC is $81,400. This typically ranges from $38,260 for entry-level positions to $170,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hilton Head Island-Bluffton-Port Royal, SC is 26.3% lower than the national median of $110,380.

Is Hilton Head Island-Bluffton-Port Royal, SC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, but it offers equivalent purchasing power.The average salary of $81,400 is below the national average, but with a Cost of Living Index of 100, the purchasing power of this salary is on par with the national average.

Is Hilton Head Island-Bluffton-Port Royal, SC a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Hilton Head Island-Bluffton-Port Royal, SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hilton Head Island-Bluffton-Port Royal, SC?

Some top paying nearby cities include Savannah, GA ($71,670) and Charleston-North Charleston, SC.

How does the local job market compare to the national average for this role?

The local market in Hilton Head Island-Bluffton-Port Royal, SC, has a slightly higher concentration of these professionals, indicated by a Location Quotient of 1.26, suggesting a moderately robust demand.

What is the impact of experience on salary for these agents in this region?

Experience is a key driver of salary growth, with entry-level agents earning less and senior agents with established client bases and sales records commanding significantly higher compensation.

Does the lower average salary mean a lower quality of life?

Not necessarily. The Cost of Living Index being at the national average means that the $81,400 salary provides a comparable standard of living to the national average, despite being a lower nominal figure.

Are there many job opportunities for Securities, Commodities, and Financial Services Sales Agents in Hilton Head Island-Bluffton-Port Royal, SC?

With 3.847 jobs per 1,000 workers and a total local workforce of 310, the opportunities are present and slightly more concentrated than the national average, indicating a steady market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Hilton Head Island-Bluffton-Port Royal, SC area with a job density of 3.847 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.