Average Securities, Commodities, and Financial Services Sales Agents Salary in Lake Charles, LA
In Lake Charles, LA, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $76,570. This figure is notably below the national average of $110,380, reflecting localized market dynamics and potentially a different economic landscape compared to major financial hubs. Factors such as regional demand for financial services and the specific industry concentration within the Lake Charles area contribute to this salary differential.
Executive Summary
- Average Salary: $76,570 per year.
- Growth Trend: Salaries have shifted 61.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,950.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA, presents a modest presence, with a total local workforce of 210 individuals. The Location Quotient of 0.67 indicates that this profession is less concentrated in Lake Charles compared to the national average, suggesting a smaller but potentially stable niche for these roles. While not a high-demand area in terms of sheer numbers, the existing workforce suggests ongoing, albeit limited, opportunities.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA earns-30.6%below the national average.
$36.8
$1,473
$6,381
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Lake Charles is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have seen incremental growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial markets, even in smaller metropolitan areas.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Lake Charles, LA
Career progression for Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command substantially higher salaries, potentially reaching well into the six figures. The percentile gaps in salary distributions clearly signify these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $37,750 | $18.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,428 | $27.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,270 | $23.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $95,713 | $46 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $119,950 | $57.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$76,570
Gross Pay
Real Wage (Purchasing Power)
$76,570
Adjusted for COL (100)
The nominal average annual salary of $76,570 in Lake Charles, LA, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the salary in Lake Charles is equivalent to the national average, indicating that while the nominal salary is lower than the national average, the cost of living does not exacerbate this difference, offering a stable financial standing relative to national benchmarks.
Job Market Context
210
Total Jobs
2.052
Per 1K Jobs
0.67
Location Quotient
Lake Charles, LA has 0.67x 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.
With a Location Quotient of 0.67, the market for Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA, is less concentrated than the national average. This suggests that while there are dedicated professionals in this field, the job market is not saturated, potentially offering a more specialized or less competitive environment for those seeking employment or establishing a business in this sector compared to larger, more prominent financial centers.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Beaumont-Port Arthur, TX Securities, Commodities, and Financial Services Sales Agents Salary | $85,090↑ 11% | 56 mi |
| Lafayette, LA Securities, Commodities, and Financial Services Sales Agents Salary | $92,000↑ 20% | 70 mi |
| Alexandria, LA Securities, Commodities, and Financial Services Sales Agents Salary | $57,810↓ 25% | 87 mi |
Comparing salaries near Lake Charles, LA
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Lake Charles, LA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA is $76,570. This typically ranges from $37,750 for entry-level positions to $119,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lake Charles, LA is 30.6% lower than the national median of $110,380.
Is Lake Charles, LA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $76,570 is significantly lower than the national average of $110,380, although the cost of living is on par with the national average.
Is Lake Charles, LA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Lake Charles, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lake Charles, LA?
Some top paying nearby cities include Beaumont-Port Arthur, TX ($85,090) and Lafayette, LA.
What is the average salary for this role in Lake Charles, LA?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in Lake Charles, LA, is $76,570.
How does the Lake Charles salary compare to the national average?
The average salary in Lake Charles ($76,570) is considerably lower than the national average of $110,380.
What does the Location Quotient of 0.67 mean for this job in Lake Charles?
A Location Quotient of 0.67 indicates that this profession is less concentrated in Lake Charles compared to the national average, suggesting a smaller but potentially stable niche.
How does the cost of living in Lake Charles affect the salary?
With a Cost of Living Index of 100 (matching the national average), the $76,570 salary in Lake Charles offers purchasing power equivalent to the national average, despite being nominally lower.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Lake Charles, LA area with a job density of 2.052 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Securities, Commodities, and Financial Services Sales Agents Salaries by State
Top Jobs in Lake Charles, LA
- All Occupations Salary in Lake Charles, LA
- Office and Administrative Support Occupations Salary in Lake Charles, LA
- Food Preparation and Serving Related Occupations Salary in Lake Charles, LA
- Sales and Related Occupations Salary in Lake Charles, LA
- Production Occupations Salary in Lake Charles, LA
- Construction and Extraction Occupations Salary in Lake Charles, LA
- Transportation and Material Moving Occupations Salary in Lake Charles, LA
- Healthcare Practitioners and Technical Occupations Salary in Lake Charles, LA
- Installation, Maintenance, and Repair Occupations Salary in Lake Charles, LA
- Healthcare Support Occupations Salary in Lake Charles, LA
- Browse All Jobs in Lake Charles, LA →
Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in Lake Charles, LA