In the Kiryas Joel-Poughkeepsie-Newburgh, NY area, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $108,610. This figure is slightly below the national average of $110,380, suggesting a localized market dynamic that influences compensation. Factors such as regional economic conditions and the specific demand within this metropolitan area contribute to this pay scale.
Executive Summary
- Average Salary: $108,610 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $199,230.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Kiryas Joel-Poughkeepsie-Newburgh, NY, shows a modest presence with a total local workforce of 300 individuals in this role. The Location Quotient of 0.38 indicates that this profession is less concentrated here compared to the national average, suggesting a potentially less saturated but also less dominant market for these specialists.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Kiryas Joel-Poughkeepsie-Newburgh, NY earns-1.6%below the national average.
$52.2
$2,089
$9,051
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this niche role in Kiryas Joel-Poughkeepsie-Newburgh is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for financial expertise.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
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 proven track records can command salaries in the higher percentiles, reflecting their accumulated knowledge, client base, and sales acumen.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,770 | $23 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $81,458 | $39.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $93,840 | $45.1 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $135,763 | $65.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $199,230 | $95.8 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$108,610
Gross Pay
Real Wage (Purchasing Power)
$108,610
Adjusted for COL (100)
The average annual salary of $108,610 in Kiryas Joel-Poughkeepsie-Newburgh, NY, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, indicating a balanced financial landscape where earnings effectively cover typical living expenses without significant strain or surplus compared to the rest of the country.
Job Market Context
300
Total Jobs
1.152
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Kiryas Joel-Poughkeepsie-Newburgh, NY has a notably lower concentration of Securities, Commodities, and Financial Services Sales Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.38, the market for Securities, Commodities, and Financial Services Sales Agents in Kiryas Joel-Poughkeepsie-Newburgh, NY, is less concentrated than the national average. This suggests that while opportunities exist, the field is not as densely populated with professionals as in other regions, potentially offering a unique competitive environment for those entering or established in the industry.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Kiryas Joel-Poughkeepsie-Newburgh, NY is $108,610. This typically ranges from $47,770 for entry-level positions to $199,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 1.6% lower than the national median of $110,380.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Moderately so, with earnings near the national average and a balanced cost of living.The average salary is close to the national benchmark, and the cost of living is exactly at the national average, indicating stable earning potential relative to expenses.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include Kingston, NY ($124,230) and New York-Newark-Jersey City, NY-NJ.
How does the local workforce size affect job prospects?
A local workforce of 300 suggests a moderate-sized market. While not as large as major metropolitan hubs, it indicates a stable demand for these professionals within the region.
What does a Location Quotient of 0.38 signify?
A Location Quotient below 1.0, like 0.38, means that Securities, Commodities, and Financial Services Sales Agents are less prevalent in Kiryas Joel-Poughkeepsie-Newburgh, NY, compared to the national average.
Are there many job openings for this role in the area?
With 1.152 jobs per 1,000 workers, the number of openings is relatively modest, reflecting the specific concentration of the industry in this locale.
How does the salary compare to the national average?
The average local salary of $108,610 is slightly lower than the national average of $110,380, indicating a minor difference in compensation trends for this profession in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 1.152 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 Kiryas Joel-Poughkeepsie-Newburgh, NY