In Lakeland-Winter Haven, FL, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $76,590. This figure is notably below the national average of $110,380, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business influence compensation within this region. Understanding these local factors is crucial for professionals in this sector.
Executive Summary
- Average Salary: $76,590 per year.
- Growth Trend: Salaries have shifted 9.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,630.
- Outlook: The Lakeland-Winter Haven area supports a workforce of 870 professionals in Securities, Commodities, and Financial Services Sales. With a Location Quotient of 1.09, the concentration of these roles is slightly above the national average, indicating a stable, albeit not overwhelmingly dominant, demand for these specialized skills within the local economy. This suggests a healthy, consistent job market for these agents.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Lakeland-Winter Haven, FL earns-30.6%below the national average.
$36.8
$1,473
$6,383
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Lakeland-Winter Haven's Securities, Commodities, and Financial Services Sales Agents is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and increasing demand for financial services. This growth is likely driven by evolving market conditions and the increasing complexity of financial products.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Lakeland-Winter Haven, FL
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with established client bases and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the substantial career advancement and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,160 | $21.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $57,443 | $27.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $54,020 | $26 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $95,738 | $46 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $130,630 | $62.8 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$76,590
Gross Pay
Real Wage (Purchasing Power)
$76,590
Adjusted for COL (100)
The average annual salary of $76,590 in Lakeland-Winter Haven aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of higher living expenses.
Job Market Context
870
Total Jobs
3.332
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Lakeland-Winter Haven, FL has a slightly higher-than-average concentration of Securities, Commodities, and Financial Services Sales Agents roles compared to the national norm.
A Location Quotient of 1.09 for Securities, Commodities, and Financial Services Sales Agents in Lakeland-Winter Haven indicates a slightly higher concentration of these roles compared to the national average. This suggests that the market is moderately competitive, with a steady presence of employers seeking these specialized skills, offering a good balance for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Lakeland-Winter Haven, FL?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Lakeland-Winter Haven, FL is $76,590. This typically ranges from $44,160 for entry-level positions to $130,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 30.6% lower than the national median of $110,380.
Is Lakeland-Winter Haven, FL a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.While the average salary of $76,590 is stable with a cost of living at the national average, it falls significantly short of the national average salary of $110,380 for this profession.
Is Lakeland-Winter Haven, FL a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($63,350) and South Florida nonmetropolitan area.
How does the local workforce size affect job opportunities?
A local workforce of 870 professionals indicates a substantial pool of talent and a consistent demand for Securities, Commodities, and Financial Services Sales Agents in the Lakeland-Winter Haven area, suggesting a stable job market.
What does a Location Quotient of 1.09 mean for job seekers?
A Location Quotient of 1.09 signifies that the concentration of Securities, Commodities, and Financial Services Sales Agents is slightly higher than the national average, implying a moderately robust job market with consistent opportunities.
How does the cost of living impact the $76,590 salary?
With a Cost of Living Index of 100, the $76,590 salary in Lakeland-Winter Haven offers purchasing power equivalent to the national average, making it a financially stable location.
What is the national average salary for this role?
The national average annual salary for Securities, Commodities, and Financial Services Sales Agents is $110,380, which is considerably higher than the average salary observed in Lakeland-Winter Haven, FL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Lakeland-Winter Haven, FL area with a job density of 3.332 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 Lakeland-Winter Haven, FL