SalaryNode

Average Securities, Commodities, and Financial Services Sales Agents Salary in Kankakee, IL

The average salary for Securities, Commodities, and Financial Services Sales Agentss in Kankakee, IL is $83,580. While this is lower than the national average, the cost of living in Kankakee, IL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $83,580 per year.
  • Growth Trend: Salaries have shifted 34.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,840.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Kankakee, IL economy.
2024 Market Data

Salary Overview

$83,580

The average Securities, Commodities, and Financial Services Sales Agents in Kankakee, IL earns-24.3%below the national average.

BreakdownBased on 40h/week
Hourly

$40.2

Weekly

$1,607

Monthly

$6,965

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Kankakee, IL

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Kankakee, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,450, while highly experienced professionals can command wages upwards of $167,840.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,450$21.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$62,685$30.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$58,980$28.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$104,475$50.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$167,840$80.7

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

Relocation Context

Nominal Salary

$83,580

Gross Pay

Real Wage (Purchasing Power)

$83,580

Adjusted for COL (100)

In Kankakee, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $83,580 to $83,580.

Job Market Context

70

Total Jobs

1.73

Per 1K Jobs

0.56

Location Quotient

Below Average

Kankakee, IL has 0.56x 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.

70 people work as Securities, Commodities, and Financial Services Sales Agents in Kankakee, IL.

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

Nearby Job Markets

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Kankakee, IL?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Kankakee, IL is $83,580. This typically ranges from $45,450 for entry-level positions to $167,840 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kankakee, IL is 24.3% lower than the national median of $110,380.

Is Kankakee, IL 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 Kankakee, IL is $83,580 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Kankakee, IL. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Kankakee, IL?

Some top paying nearby cities include Chicago-Naperville-Elgin, IL-IN ($113,010) and Michigan City-La Porte, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Kankakee, IL area with a job density of 1.73 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.