Average Securities, Commodities, and Financial Services Sales Agents Salary in New Haven, CT
Securities, Commodities, and Financial Services Sales Agents in New Haven, CT, command an impressive average annual salary of $138,500, significantly outpacing the national average of $110,380. This elevated compensation is likely driven by a combination of specialized industry demand within the region and the specific skill set required for these high-stakes financial roles.
Executive Summary
- Average Salary: $138,500 per year.
- Growth Trend: Salaries have shifted 45.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $207,750.
- Outlook: The New Haven market for Securities, Commodities, and Financial Services Sales Agents appears stable, with a local workforce of 620 professionals. While the Location Quotient of 0.72 suggests a slightly lower concentration compared to the national average, the presence of over six hundred individuals in this specialized field indicates a consistent demand for their expertise within the local economy.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in New Haven, CT earns+25.5%above the national average.
$66.6
$2,663
$11,542
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents in New Haven have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving market dynamics, increasing complexity in financial products, and a persistent need for skilled sales professionals likely contribute to upward salary pressure.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in New Haven, CT
Career progression for Securities, Commodities, and Financial Services Sales Agents in New Haven is typically marked by significant salary increases. Entry-level positions might start closer to the lower end of the pay scale, but with accumulated experience, specialized knowledge, and a proven track record, professionals can advance to senior roles commanding substantially higher earnings, with percentile gaps clearly signifying this career trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $49,590 | $23.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $103,875 | $49.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $102,580 | $49.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $173,125 | $83.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $207,750 | $99.9 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$138,500
Gross Pay
Real Wage (Purchasing Power)
$138,500
Adjusted for COL (100)
The average annual salary of $138,500 in New Haven, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a New Haven-based agent's salary is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
620
Total Jobs
2.193
Per 1K Jobs
0.72
Location Quotient
New Haven, CT has 0.72x 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 0.72, New Haven has a slightly lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the profession is present and valued, the market may not be oversaturated, potentially offering good opportunities for skilled professionals entering or established within the local job landscape.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near New Haven, CT
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in New Haven, CT?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in New Haven, CT is $138,500. This typically ranges from $49,590 for entry-level positions to $207,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 25.5% higher than the national median of $110,380.
Is New Haven, CT a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, New Haven, CT offers a lucrative environment for these professionals.The average salary of $138,500 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is New Haven, CT a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($174,270) and Waterbury-Shelton, CT.
How does the New Haven salary compare to the national average?
The average annual salary for Securities, Commodities, and Financial Services Sales Agents in New Haven, CT, is $138,500, which is considerably higher than the national average of $110,380.
What is the Cost of Living in New Haven, CT for these professionals?
The Cost of Living Index in New Haven, CT, is 100, which is exactly the national average, meaning your salary has the same purchasing power as it would nationally.
How concentrated is the job market for these roles in New Haven?
The Location Quotient of 0.72 indicates that the concentration of these roles in New Haven is slightly below the national average, suggesting a potentially less competitive but stable market.
What is the total workforce size for this role in New Haven?
There are approximately 620 Securities, Commodities, and Financial Services Sales Agents employed in New Haven, CT.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the New Haven, CT area with a job density of 2.193 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Securities, Commodities, and Financial Services Sales Agents Salaries by State
Top Jobs in New Haven, CT
- All Occupations Salary in New Haven, CT
- Office and Administrative Support Occupations Salary in New Haven, CT
- Transportation and Material Moving Occupations Salary in New Haven, CT
- Educational Instruction and Library Occupations Salary in New Haven, CT
- Healthcare Practitioners and Technical Occupations Salary in New Haven, CT
- Management Occupations Salary in New Haven, CT
- Food Preparation and Serving Related Occupations Salary in New Haven, CT
- Sales and Related Occupations Salary in New Haven, CT
- Healthcare Support Occupations Salary in New Haven, CT
- Business and Financial Operations Occupations Salary in New Haven, CT
- Browse All Jobs in New Haven, CT →
Semantic Salary Analysis for Securities, Commodities, and Financial Services Sales Agents • Data source: BLS OEWS 2024 •Jobs in New Haven, CT