Average Securities, Commodities, and Financial Services Sales Agents Salary in Knoxville, TN
Securities, Commodities, and Financial Services Sales Agents in Knoxville, TN, earn an average annual salary of $72,730. This figure is notably lower than the national average of $110,380, reflecting regional economic factors and demand specific to the Knoxville market. While the local average is lower, understanding the nuances of the local job market is crucial for career and financial planning.
Executive Summary
- Average Salary: $72,730 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,190.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Knoxville presents a modest concentration, with a Location Quotient of 0.62, indicating a presence below the national average. The total local workforce of 790 individuals, with 1.898 jobs per 1,000 workers, suggests a stable but not rapidly expanding demand for these specialized roles within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Knoxville, TN earns-34.1%below the national average.
$35
$1,399
$6,061
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Knoxville is not provided, it is generally assumed that the financial services sector, like many others, has experienced salary growth over the past four years. Factors such as inflation, increased demand for financial advice, and evolving market conditions likely contribute to a gradual upward trend in compensation for skilled professionals in this field.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Knoxville, TN
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start considerably below the average, while seasoned professionals with proven track records and specialized expertise can command salaries well above the $72,730 mark. The percentile gaps in salary data clearly signify the potential for substantial career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,830 | $17.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $54,548 | $26.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $55,760 | $26.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $90,913 | $43.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $124,190 | $59.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$72,730
Gross Pay
Real Wage (Purchasing Power)
$72,730
Adjusted for COL (100)
For individuals considering a move to Knoxville, the average salary of $72,730 aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the average salary in Knoxville is equivalent to the national average, suggesting that the nominal salary offers a comparable standard of living to the rest of the United States, without the premium often associated with higher cost-of-living areas.
Job Market Context
790
Total Jobs
1.898
Per 1K Jobs
0.62
Location Quotient
Knoxville, TN has 0.62x 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.
A Location Quotient of 0.62 for Securities, Commodities, and Financial Services Sales Agents in Knoxville indicates that this profession is less concentrated in the area compared to the national average. This suggests that while opportunities exist, the market may be less saturated, potentially offering a competitive edge for skilled professionals entering the local workforce, though the overall demand is not exceptionally high.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Knoxville, TN
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Knoxville, TN?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Knoxville, TN is $72,730. This typically ranges from $36,830 for entry-level positions to $124,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Knoxville, TN is 34.1% lower than the national median of $110,380.
Is Knoxville, TN a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.While the average salary of $72,730 is decent, it falls significantly short of the national average of $110,380. However, the cost of living being at the national average means your salary's purchasing power is equivalent.
Is Knoxville, TN a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Knoxville, TN?
Some top paying nearby cities include Morristown, TN ($68,970) and Cleveland, TN.
How does Knoxville's cost of living affect the salary?
Knoxville's Cost of Living Index is exactly 100, which is the national average. This means the $72,730 salary has the same purchasing power in Knoxville as the national average salary has across the US.
What is the job market like for this role in Knoxville?
The job market is moderately present, with a Location Quotient of 0.62, suggesting fewer professionals in this field relative to the national average. The total workforce size of 790 indicates a stable, albeit not booming, demand.
Can experience significantly increase salary in Knoxville?
Yes, as with most financial roles, experience is a key driver of salary. Entry-level positions will likely be lower, while senior agents with a strong client base and proven performance can expect to earn substantially more than the average.
Are there many job openings for Securities, Commodities, and Financial Services Sales Agents in Knoxville?
With 1.898 jobs per 1,000 workers, the availability of these roles is present but not abundant. The lower Location Quotient suggests that while jobs exist, the concentration is less than the national norm.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Knoxville, TN area with a job density of 1.898 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 Knoxville, TN