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Average Securities, Commodities, and Financial Services Sales Agents Salary in Kalamazoo-Portage, MI

The average salary for Securities, Commodities, and Financial Services Sales Agentss in Kalamazoo-Portage, MI is $98,640. While this is lower than the national average, the cost of living in Kalamazoo-Portage, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $98,640 per year.
  • Growth Trend: Salaries have shifted 23.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,690.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Kalamazoo-Portage, MI economy.
2024 Market Data

Salary Overview

$98,640

The average Securities, Commodities, and Financial Services Sales Agents in Kalamazoo-Portage, MI earns-10.6%below the national average.

BreakdownBased on 40h/week
Hourly

$47.4

Weekly

$1,897

Monthly

$8,220

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Kalamazoo-Portage, MI

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Kalamazoo-Portage, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,940, while highly experienced professionals can command wages upwards of $159,690.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$47,940$23
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$73,980$35.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$77,650$37.3
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$123,300$59.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$159,690$76.8

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

Relocation Context

Nominal Salary

$98,640

Gross Pay

Real Wage (Purchasing Power)

$98,640

Adjusted for COL (100)

In Kalamazoo-Portage, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $98,640 to $98,640.

Job Market Context

190

Total Jobs

1.622

Per 1K Jobs

0.53

Location Quotient

Below Average

Kalamazoo-Portage, MI has 0.53x 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.

190 people work as Securities, Commodities, and Financial Services Sales Agents in Kalamazoo-Portage, MI.

1.622 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.

Nearby Job Markets

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Kalamazoo-Portage, MI?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Kalamazoo-Portage, MI is $98,640. This typically ranges from $47,940 for entry-level positions to $159,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kalamazoo-Portage, MI is 10.6% lower than the national median of $110,380.

Is Kalamazoo-Portage, MI a good place for Securities, Commodities, and Financial Services Sales Agentss?

It depends on your priorities. While the average Securities, Commodities, and Financial Services Sales Agents salary in Kalamazoo-Portage, MI is $98,640 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Kalamazoo-Portage, MI. See distinct detailed breakdown below.

Is Kalamazoo-Portage, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Kalamazoo-Portage, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Kalamazoo-Portage, MI?

Some top paying nearby cities include Battle Creek, MI ($108,250) and Elkhart-Goshen, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Kalamazoo-Portage, MI area with a job density of 1.622 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.