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Average Securities, Commodities, and Financial Services Sales Agents Salary in Muskegon-Norton Shores, MI

The average salary for Securities, Commodities, and Financial Services Sales Agentss in Muskegon-Norton Shores, MI is $92,140. While this is lower than the national average, the cost of living in Muskegon-Norton Shores, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $92,140 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $208,360.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Muskegon-Norton Shores, MI economy.
2024 Market Data

Salary Overview

$92,140

The average Securities, Commodities, and Financial Services Sales Agents in Muskegon-Norton Shores, MI earns-16.5%below the national average.

BreakdownBased on 40h/week
Hourly

$44.3

Weekly

$1,772

Monthly

$7,678

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Muskegon-Norton Shores, MI

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Muskegon-Norton Shores, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $43,100, while highly experienced professionals can command wages upwards of $208,360.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$43,100$20.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$69,105$33.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$48,580$23.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$115,175$55.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$208,360$100.2

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

Relocation Context

Nominal Salary

$92,140

Gross Pay

Real Wage (Purchasing Power)

$92,140

Adjusted for COL (100)

In Muskegon-Norton Shores, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $92,140 to $92,140.

Job Market Context

60

Total Jobs

0.926

Per 1K Jobs

0.3

Location Quotient

Low Concentration

At 0.30x, Muskegon-Norton Shores, 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.

60 people work as Securities, Commodities, and Financial Services Sales Agents in Muskegon-Norton Shores, MI.

Only 0.926 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in Muskegon-Norton Shores, MI?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Muskegon-Norton Shores, MI is $92,140. This typically ranges from $43,100 for entry-level positions to $208,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Muskegon-Norton Shores, MI is 16.5% lower than the national median of $110,380.

Is Muskegon-Norton Shores, 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 Muskegon-Norton Shores, MI is $92,140 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Muskegon-Norton Shores, MI. See distinct detailed breakdown below.

Is Muskegon-Norton Shores, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?

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

Where are the highest paying cities near Muskegon-Norton Shores, MI?

Some top paying nearby cities include Grand Rapids-Wyoming-Kentwood, MI ($109,780) and Kalamazoo-Portage, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Muskegon-Norton Shores, MI area with a job density of 0.926 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.