In Myrtle Beach-Conway-North Myrtle Beach, SC, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $77,490. This figure is notably below the national average of $110,380, suggesting that local market dynamics and economic factors specific to the region influence compensation levels. While the nominal salary is lower, the cost of living in Myrtle Beach is exactly at the national average, which provides a balanced perspective on purchasing power.
Executive Summary
- Average Salary: $77,490 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,310.
- Outlook: The Myrtle Beach-Conway-North Myrtle Beach area supports a local workforce of 420 Securities, Commodities, and Financial Services Sales Agents. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable, albeit not exceptionally concentrated, job market. The presence of nearly 3 jobs per 1,000 workers further suggests a consistent demand for these professionals within the local economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Myrtle Beach-Conway-North Myrtle Beach, SC earns-29.8%below the national average.
$37.3
$1,490
$6,458
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this localized role in Myrtle Beach is not provided, it is reasonable to assume a general upward trend in salaries for Securities, Commodities, and Financial Services Sales Agents over the past four years, mirroring national trends. Economic growth, inflation, and increasing demand for financial services typically drive salary increases in this sector, suggesting that professionals in Myrtle Beach have likely seen modest gains in their earning potential.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Career progression for Securities, Commodities, and Financial Services Sales Agents is typically marked by significant salary increases. Entry-level positions often start at a lower percentile of the salary range, while seasoned professionals with extensive experience and a proven track record can command salaries in the higher percentiles. The gap between entry-level and senior roles 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) | $45,120 | $21.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $58,118 | $27.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $51,100 | $24.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $96,863 | $46.6 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $151,310 | $72.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$77,490
Gross Pay
Real Wage (Purchasing Power)
$77,490
Adjusted for COL (100)
The average annual salary of $77,490 in Myrtle Beach-Conway-North Myrtle Beach, SC, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average. Therefore, relocating to this area as a Securities, Commodities, and Financial Services Sales Agent would not result in a significant change in real income based solely on the cost of living.
Job Market Context
420
Total Jobs
2.907
Per 1K Jobs
0.95
Location Quotient
Myrtle Beach-Conway-North Myrtle Beach, SC has 0.95x 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 0.95, the Myrtle Beach-Conway-North Myrtle Beach job market for Securities, Commodities, and Financial Services Sales Agents is very close to the national average in terms of concentration. This suggests a market that is neither oversupplied nor significantly undersupplied with professionals in this field. The job market is competitive but offers opportunities for skilled individuals to establish themselves.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Myrtle Beach-Conway-North Myrtle Beach, SC is $77,490. This typically ranges from $45,120 for entry-level positions to $151,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 29.8% lower than the national median of $110,380.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not more lucrative than the national average.The average salary of $77,490 is below the national average of $110,380, though the cost of living is on par with the national average.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($78,480) and Wilmington, NC.
How does the Myrtle Beach salary compare to the national average?
The average salary for Securities, Commodities, and Financial Services Sales Agents in Myrtle Beach is $77,490, which is significantly lower than the national average of $110,380.
What is the cost of living in Myrtle Beach compared to the national average?
The cost of living in Myrtle Beach-Conway-North Myrtle Beach, SC, is exactly at the national average, with an index of 100.
How concentrated is the job market for this role in Myrtle Beach?
The job market is nearly as concentrated as the national average, with a Location Quotient of 0.95, indicating a stable presence of these roles.
What is the total workforce size for this profession in Myrtle Beach?
There are approximately 420 Securities, Commodities, and Financial Services Sales Agents employed in the Myrtle Beach-Conway-North Myrtle Beach area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 2.907 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 Myrtle Beach-Conway-North Myrtle Beach, SC