Average Securities, Commodities, and Financial Services Sales Agents Salary in Mobile, AL
In Mobile, AL, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $71,470. This figure is notably below the national average of $110,380, suggesting that local market dynamics, industry concentration, and potentially regional economic factors influence compensation levels in this Gulf Coast city.
Executive Summary
- Average Salary: $71,470 per year.
- Growth Trend: Salaries have shifted 4.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,980.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Mobile, AL, comprises a workforce of 340 individuals. With a Location Quotient of 0.66, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to national trends. The presence of 2.028 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, level of employment opportunities within the area.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Mobile, AL earns-35.3%below the national average.
$34.4
$1,374
$5,956
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Mobile, AL is not provided, it is generally assumed that salaries for Securities, Commodities, and Financial Services Sales Agents have experienced growth over the past four years, mirroring national trends of increasing compensation in the financial sector. This upward trajectory is often driven by inflation, evolving market demands, and the increasing complexity of financial products and services.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Mobile, AL
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,330 | $21.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $53,603 | $25.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $51,090 | $24.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $89,338 | $43 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $128,980 | $62 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$71,470
Gross Pay
Real Wage (Purchasing Power)
$71,470
Adjusted for COL (100)
The nominal average annual salary of $71,470 in Mobile, AL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in Mobile is equivalent to the national average, offering a stable financial standing relative to the rest of the country. While the salary is lower than the national average for the profession, the cost of living parity suggests that the take-home value of the income remains consistent.
Job Market Context
340
Total Jobs
2.028
Per 1K Jobs
0.66
Location Quotient
Mobile, AL has 0.66x 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.
A Location Quotient of 0.66 for Securities, Commodities, and Financial Services Sales Agents in Mobile, AL, indicates that this profession is less concentrated locally than the national average. This suggests that while there are established opportunities, the market may not be as competitive or as saturated with professionals as in larger metropolitan areas. This could present an advantage for skilled individuals seeking employment, as demand might outpace the local supply of specialized talent.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Mobile, AL
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Mobile, AL?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Mobile, AL is $71,470. This typically ranges from $44,330 for entry-level positions to $128,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mobile, AL is 35.3% lower than the national median of $110,380.
Is Mobile, AL a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $71,470 is significantly lower than the national average of $110,380. However, the cost of living is at the national average, meaning the salary's purchasing power is comparable.
Is Mobile, AL a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Mobile, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mobile, AL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($55,580) and Gulfport-Biloxi, MS.
How does Mobile, AL's salary compare to the national average for this role?
The average annual salary in Mobile, AL, is $71,470, which is considerably lower than the national average of $110,380 for Securities, Commodities, and Financial Services Sales Agents.
What is the cost of living in Mobile, AL?
Mobile, AL, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is on par with the rest of the United States.
How concentrated is the job market for this role in Mobile, AL?
The job market for Securities, Commodities, and Financial Services Sales Agents in Mobile, AL, is less concentrated than the national average, with a Location Quotient of 0.66.
What is the total workforce size for this profession in Mobile, AL?
There are approximately 340 Securities, Commodities, and Financial Services Sales Agents employed in Mobile, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Mobile, AL area with a job density of 2.028 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 Mobile, AL