Yes, Lafayette-West Lafayette, IN is a highly lucrative market for Securities, Commodities, and Financial Services Sales Agentss. With an average annual salary of $133,480, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $133,480 per year.
- Growth Trend: Salaries have shifted 136.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $200,220.
- Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Lafayette-West Lafayette, IN economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Lafayette-West Lafayette, IN earns+20.9%above the national average.
$64.2
$2,567
$11,123
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
Over the past 4 years, Securities, Commodities, and Financial Services Sales Agents salaries in Lafayette-West Lafayette, IN have experienced a rapid surge, growing by 136.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Lafayette-West Lafayette, IN
The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Lafayette-West Lafayette, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,120, while highly experienced professionals can command wages upwards of $200,220.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,120 | $22.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $100,110 | $48.1 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $90,130 | $43.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $166,850 | $80.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $200,220 | $96.3 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$133,480
Gross Pay
Real Wage (Purchasing Power)
$133,480
Adjusted for COL (100)
In Lafayette-West Lafayette, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $133,480 to $133,480.
Job Market Context
90
Total Jobs
0.876
Per 1K Jobs
0.29
Location Quotient
At 0.29x, Lafayette-West Lafayette, IN 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.
90 people work as Securities, Commodities, and Financial Services Sales Agents in Lafayette-West Lafayette, IN.
Only 0.876 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Lafayette-West Lafayette, IN
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Lafayette-West Lafayette, IN?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Lafayette-West Lafayette, IN is $133,480. This typically ranges from $47,120 for entry-level positions to $200,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 20.9% higher than the national median of $110,380.
Is Lafayette-West Lafayette, IN a good place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, Lafayette-West Lafayette, IN is financially attractive for Securities, Commodities, and Financial Services Sales Agentss. The average salary of $133,480 exceeds the national average. See distinct detailed breakdown below.
Is Lafayette-West Lafayette, IN a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Kokomo, IN ($124,260) and Northern Indiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Lafayette-West Lafayette, IN area with a job density of 0.876 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-West Lafayette, IN