In Milwaukee-Waukesha, WI, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $99,830. This figure is notably below the national average of $110,380, suggesting that local market dynamics and potentially a different economic landscape influence compensation in this region. While the pay is slightly lower than the national benchmark, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $99,830 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,560.
- Outlook: The Milwaukee-Waukesha area supports a local workforce of 2,250 professionals in this sector. With a Location Quotient of 0.9, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated job market. The presence of nearly 3 professionals per 1,000 workers suggests a consistent demand for these specialized financial services.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Milwaukee-Waukesha, WI earns-9.6%below the national average.
$48
$1,920
$8,319
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Milwaukee-Waukesha is not provided, the broader financial services industry has generally seen consistent growth over the past four years. It is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in this region have also experienced a gradual upward trend, mirroring national patterns of increased compensation driven by market demand and inflation.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Milwaukee-Waukesha, WI
Career progression in the Securities, Commodities, and Financial Services Sales Agents field typically correlates with significant salary increases. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The widening gap between the 25th percentile (entry-level) and the 75th or 90th percentile (senior roles) clearly signifies substantial earning potential as expertise and client portfolios grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $50,380 | $24.2 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $74,873 | $36 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $72,500 | $34.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $124,788 | $60 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $163,560 | $78.6 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$99,830
Gross Pay
Real Wage (Purchasing Power)
$99,830
Adjusted for COL (100)
The average annual salary of $99,830 in Milwaukee-Waukesha, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, making the nominal salary figure a realistic representation of living expenses. Residents can expect their income to cover typical costs of housing, goods, and services at a rate comparable to the rest of the country.
Job Market Context
2,250
Total Jobs
2.748
Per 1K Jobs
0.9
Location Quotient
Milwaukee-Waukesha, WI has 0.90x 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 0.9, the Milwaukee-Waukesha market for Securities, Commodities, and Financial Services Sales Agents is slightly less concentrated than the national average. This suggests that while the demand is present, the job market is not saturated, offering a balanced environment for both job seekers and employers. Professionals entering this market will find a stable presence without overwhelming competition.
Nearby Job Markets
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Comparing salaries near Milwaukee-Waukesha, WI
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Milwaukee-Waukesha, WI?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Milwaukee-Waukesha, WI is $99,830. This typically ranges from $50,380 for entry-level positions to $163,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 9.6% lower than the national median of $110,380.
Is Milwaukee-Waukesha, WI a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Moderately lucrative, with average earnings aligning with the national cost of living.The average salary of $99,830 is slightly below the national average, but the cost of living is also at the national average, making the purchasing power comparable. The market shows stable demand without excessive competition.
Is Milwaukee-Waukesha, WI a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($79,280) and Kenosha, WI.
How does the Milwaukee-Waukesha salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Milwaukee-Waukesha is $99,830, which is approximately $10,550 less than the national average of $110,380.
What is the cost of living in Milwaukee-Waukesha, WI?
The cost of living in Milwaukee-Waukesha, WI is at the national average, indicated by a Cost of Living Index of 100.
How concentrated is the job market for this role in Milwaukee-Waukesha?
The job market concentration, measured by the Location Quotient, is 0.9, which is slightly below the national average, indicating a stable but not overly dense presence of these roles.
What is the total number of professionals in this field in Milwaukee-Waukesha?
There are approximately 2,250 Securities, Commodities, and Financial Services Sales Agents working in the Milwaukee-Waukesha area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,250 employees in the Milwaukee-Waukesha, WI area with a job density of 2.748 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 Milwaukee-Waukesha, WI