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Average Securities, Commodities, and Financial Services Sales Agents Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

Securities, Commodities, and Financial Services Sales Agents in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $97,550. This figure is notably below the national average of $110,380, suggesting that local market dynamics, industry concentration, or regional economic factors may influence compensation levels in this metropolitan area.

Executive Summary

  • Average Salary: $97,550 per year.
  • Growth Trend: Salaries have shifted 10.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $236,650.
  • Outlook: With a local workforce of approximately 2,500 professionals in this field, the Nashville area demonstrates a significant presence. The Location Quotient of 0.74 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not overly saturated job market. The rate of 2.277 jobs per 1,000 workers further supports the notion of consistent demand for skilled agents in the region.
2024 Market Data

Salary Overview

$97,550

The average Securities, Commodities, and Financial Services Sales Agents in Nashville-Davidson--Murfreesboro--Franklin, TN earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$46.9

Weekly

$1,876

Monthly

$8,129

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Salary progression for Securities, Commodities, and Financial Services Sales Agents is strongly tied to experience and performance. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record and a robust client base can significantly exceed the average. The percentile gaps in earnings highlight the substantial career growth potential, with senior agents often earning well into the six figures.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$40,080$19.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$73,163$35.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$64,530$31
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$121,938$58.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$236,650$113.8

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

Relocation Context

Nominal Salary

$97,550

Gross Pay

Real Wage (Purchasing Power)

$97,550

Adjusted for COL (100)

The average annual salary of $97,550 in Nashville-Davidson--Murfreesboro--Franklin, TN 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, offering a balanced financial landscape for professionals considering a move to or within the area.

Job Market Context

2,500

Total Jobs

2.277

Per 1K Jobs

0.74

Location Quotient

Below Average

Nashville-Davidson--Murfreesboro--Franklin, TN has 0.74x 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 0.74 suggests that while Securities, Commodities, and Financial Services Sales Agents are present in the Nashville metropolitan area, the industry is not as heavily concentrated as it is nationally. This indicates a competitive market where opportunities exist, but the demand may not be as intense as in major financial hubs, potentially offering a good balance for job seekers.

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 Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Nashville-Davidson--Murfreesboro--Franklin, TN is $97,550. This typically ranges from $40,080 for entry-level positions to $236,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 11.6% lower than the national median of $110,380.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, it is not currently as lucrative as the national average.The average salary of $97,550 is below the national average of $110,380, indicating lower earning potential in this specific metropolitan area compared to the country as a whole.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include South Central Tennessee nonmetropolitan area ($91,160) and West Tennessee nonmetropolitan area.

How does the Nashville area's cost of living compare to the national average?

The cost of living in Nashville-Davidson--Murfreesboro--Franklin, TN is exactly at the national average, with an index of 100. This means that the general expenses for goods, services, and housing are comparable to the U.S. average.

What is the concentration of Securities, Commodities, and Financial Services Sales Agents in Nashville?

The concentration, measured by the Location Quotient, is 0.74, which is below the national average of 1.0. This suggests that while the profession is present, it is less concentrated in Nashville than in the country overall.

How many Securities, Commodities, and Financial Services Sales Agents jobs are there per 1,000 workers in Nashville?

There are approximately 2.277 jobs per 1,000 workers for Securities, Commodities, and Financial Services Sales Agents in the Nashville metropolitan area.

What is the total local workforce for this profession in Nashville?

The total local workforce for Securities, Commodities, and Financial Services Sales Agents in the Nashville-Davidson--Murfreesboro--Franklin, TN area is estimated to be around 2,500 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,500 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 2.277 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.