SalaryNode

Average Securities, Commodities, and Financial Services Sales Agents Salary in Midland, MI

The average salary for a Securities, Commodities, and Financial Services Sales Agents in Midland, MI is $107,190. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $107,190 per year.
  • Growth Trend: Salaries have shifted 61.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $226,390.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Midland, MI economy.
2024 Market Data

Salary Overview

$107,190

The average Securities, Commodities, and Financial Services Sales Agents in Midland, MI earns-2.9%below the national average.

BreakdownBased on 40h/week
Hourly

$51.5

Weekly

$2,061

Monthly

$8,933

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Midland, MI

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Midland, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,880, while highly experienced professionals can command wages upwards of $226,390.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$48,880$23.5
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$80,393$38.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$51,280$24.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$133,988$64.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$226,390$108.8

Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis

Relocation Context

Nominal Salary

$107,190

Gross Pay

Real Wage (Purchasing Power)

$107,190

Adjusted for COL (100)

In Midland, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $107,190 to $107,190.

Job Market Context

40

Total Jobs

1.125

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Midland, MI 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.

40 people work as Securities, Commodities, and Financial Services Sales Agents in Midland, MI.

1.125 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.

Nearby Job Markets

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Midland, MI?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Midland, MI is $107,190. This typically ranges from $48,880 for entry-level positions to $226,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Midland, MI is 2.9% lower than the national median of $110,380.

Is Midland, MI a good place for Securities, Commodities, and Financial Services Sales Agentss?

It depends on your priorities. While the average Securities, Commodities, and Financial Services Sales Agents salary in Midland, MI is $107,190 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Midland, MI. See distinct detailed breakdown below.

Is Midland, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Midland, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Midland, MI?

Some top paying nearby cities include Bay City, MI ($84,790) and Saginaw, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Midland, MI area with a job density of 1.125 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.