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Average Securities, Commodities, and Financial Services Sales Agents Salary in Jackson, MS

In Jackson, MS, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $72,660. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and a different market dynamic. The specific demand and compensation structure within the Jackson metropolitan area directly influence this localized pay rate.

Executive Summary

  • Average Salary: $72,660 per year.
  • Growth Trend: Salaries have shifted 9.2% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,730.
  • Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Jackson, MS, shows a moderate presence with a total local workforce of 570 individuals. The Location Quotient of 0.69 indicates a concentration below the national average, suggesting that while the profession exists, it is not a primary industry hub. The rate of 2.107 jobs per 1,000 workers further supports a stable, albeit not rapidly expanding, demand for these specialized roles within the local economy.
2024 Market Data

Salary Overview

$72,660

The average Securities, Commodities, and Financial Services Sales Agents in Jackson, MS earns-34.2%below the national average.

BreakdownBased on 40h/week
Hourly

$34.9

Weekly

$1,397

Monthly

$6,055

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Jackson, MS

Career progression for Securities, Commodities, and Financial Services Sales Agents in Jackson, MS, is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile of the salary range, 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 are a clear indicator of the value placed on expertise and client management skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$36,340$17.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$54,495$26.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$45,100$21.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$90,825$43.7
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$128,730$61.9

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

Relocation Context

Nominal Salary

$72,660

Gross Pay

Real Wage (Purchasing Power)

$72,660

Adjusted for COL (100)

The nominal average salary of $72,660 in Jackson, MS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in Jackson is equivalent to the national average. Therefore, the reported salary offers a standard of living comparable to that experienced by professionals in other areas with average living costs.

Job Market Context

570

Total Jobs

2.107

Per 1K Jobs

0.69

Location Quotient

Below Average

Jackson, MS has 0.69x 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.

With a Location Quotient of 0.69, Jackson, MS, has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that the job market in Jackson is less saturated with these professionals. While this might imply fewer immediate opportunities compared to major financial centers, it could also mean less intense competition for available roles, offering a unique advantage for skilled individuals entering or established in the local market.

Nearby Job Markets

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

CitySalaryDist.
Upper East Mississippi nonmetropolitan area Securities, Commodities, and Financial Services Sales Agents Salary$109,360↑ 51%43 mi
Lower West Mississippi nonmetropolitan area Securities, Commodities, and Financial Services Sales Agents Salary$50,130↓ 31%43 mi
West Delta Mississippi nonmetropolitan area Securities, Commodities, and Financial Services Sales Agents Salary$47,530↓ 35%43 mi
Hattiesburg, MS Securities, Commodities, and Financial Services Sales Agents Salary$50,740↓ 30%87 mi

Comparing salaries near Jackson, MS

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Jackson, MS?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Jackson, MS is $72,660. This typically ranges from $36,340 for entry-level positions to $128,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jackson, MS is 34.2% lower than the national median of $110,380.

Is Jackson, MS a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, not compared to the national average.While the average salary of $72,660 is stable within its local context, it falls significantly short of the national average of $110,380. The cost of living being at the national average means the lower nominal salary translates to lower real purchasing power compared to national benchmarks.

Is Jackson, MS a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Jackson, MS is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Jackson, MS?

Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($109,360) and Lower West Mississippi nonmetropolitan area.

How does the local workforce size affect job prospects?

A local workforce of 570 suggests a moderate-sized market for these professionals. While not a massive hub, it indicates a consistent need for these services within the Jackson area.

What does a Location Quotient of 0.69 mean for job seekers?

A Location Quotient below 1.0 signifies that the concentration of these jobs in Jackson is less than the national average. This implies fewer specialized roles might be available compared to national averages, but also potentially less competition.

How does the Cost of Living in Jackson compare to other cities?

Jackson, MS, has a Cost of Living Index of 100, which is precisely the national average. This means that the general expenses for housing, food, and transportation are neither significantly higher nor lower than the typical U.S. city.

Are there many job openings for this role in Jackson, MS?

With 2.107 jobs per 1,000 workers, the rate of employment for these agents is present but not exceptionally high, indicating a steady but not booming demand for the role in Jackson.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Jackson, MS area with a job density of 2.107 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Jackson, MS