Average Securities, Commodities, and Financial Services Sales Agents Salary in Lafayette, LA
Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA, earn an average annual salary of $92,000. This figure is notably below the national average of $110,380, reflecting regional economic factors and demand specific to the Lafayette market. While the nominal salary is lower, understanding the local economic landscape is crucial for assessing its true value.
Executive Summary
- Average Salary: $92,000 per year.
- Growth Trend: Salaries have shifted 16.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $222,230.
- Outlook: The Lafayette job market for Securities, Commodities, and Financial Services Sales Agents comprises a total local workforce of 370 individuals. With a Location Quotient of 0.69, the concentration of these roles in Lafayette is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The presence of 2.102 jobs per 1,000 workers indicates a moderate level of employment opportunities within this specialized sector.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA earns-16.7%below the national average.
$44.2
$1,769
$7,667
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it is reasonable to assume a general upward trend in salaries for Securities, Commodities, and Financial Services Sales Agents over the past four years, mirroring national patterns. Economic recovery, evolving market demands, and inflation typically contribute to salary growth in most professional fields, including financial services.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Lafayette, LA
Salary progression for Securities, Commodities, and Financial Services Sales Agents is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with a proven track record and specialized expertise can expect to earn considerably more. The percentile gaps in salary distribution clearly signify the career progression and earning potential available as one advances in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $36,000 | $17.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $69,000 | $33.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $53,810 | $25.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $115,000 | $55.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $222,230 | $106.8 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$92,000
Gross Pay
Real Wage (Purchasing Power)
$92,000
Adjusted for COL (100)
The average annual salary of $92,000 in Lafayette, LA, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a $92,000 salary in Lafayette is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
370
Total Jobs
2.102
Per 1K Jobs
0.69
Location Quotient
Lafayette, LA 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.
A Location Quotient of 0.69 for Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA, indicates that this profession is less concentrated locally than the national average. This suggests that while the market may not be as saturated with these specialists as in other regions, the demand might also be proportionally lower, presenting a unique competitive landscape for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Lafayette, LA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Lafayette, LA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA is $92,000. This typically ranges from $36,000 for entry-level positions to $222,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 16.7% lower than the national median of $110,380.
Is Lafayette, LA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.The average salary of $92,000 is below the national average of $110,380, although the cost of living is also at the national average, making the effective purchasing power comparable.
Is Lafayette, LA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($69,330) and Southwest Louisiana nonmetropolitan area.
How does the Lafayette salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA, is $92,000, which is approximately 16.6% lower than the national average of $110,380.
What is the concentration of these jobs in Lafayette, LA?
The concentration of Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA, is indicated by a Location Quotient of 0.69, meaning it is less concentrated than the national average.
Does the cost of living affect the salary's value in Lafayette?
No, the cost of living in Lafayette is at the national average (100), so the $92,000 salary has the same purchasing power as the national average salary.
How many Securities, Commodities, and Financial Services Sales Agents are there in Lafayette?
There are approximately 370 Securities, Commodities, and Financial Services Sales Agents in Lafayette, LA, representing 2.102 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Lafayette, LA area with a job density of 2.102 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 Lafayette, LA