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Average Securities, Commodities, and Financial Services Sales Agents Salary in Niles, MI

The average salary for Securities, Commodities, and Financial Services Sales Agentss in Niles, MI is $86,180. While this is lower than the national average, the cost of living in Niles, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $86,180 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,830.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Niles, MI economy.
2024 Market Data

Salary Overview

$86,180

The average Securities, Commodities, and Financial Services Sales Agents in Niles, MI earns-21.9%below the national average.

BreakdownBased on 40h/week
Hourly

$41.4

Weekly

$1,657

Monthly

$7,182

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Niles, MI

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Niles, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,420, while highly experienced professionals can command wages upwards of $153,830.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$47,420$22.8
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$64,635$31.1
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$66,290$31.9
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$107,725$51.8
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$153,830$74

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

Relocation Context

Nominal Salary

$86,180

Gross Pay

Real Wage (Purchasing Power)

$86,180

Adjusted for COL (100)

In Niles, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $86,180 to $86,180.

Job Market Context

80

Total Jobs

1.267

Per 1K Jobs

0.41

Location Quotient

Low Concentration

At 0.41x, Niles, 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.

80 people work as Securities, Commodities, and Financial Services Sales Agents in Niles, MI.

1.267 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents positions — a typical concentration.

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 Niles, MI?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Niles, MI is $86,180. This typically ranges from $47,420 for entry-level positions to $153,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 21.9% lower than the national median of $110,380.

Is Niles, 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 Niles, MI is $86,180 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Niles, MI. See distinct detailed breakdown below.

Is Niles, MI a good place to live for Securities, Commodities, and Financial Services Sales Agents?

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

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($95,970) and Elkhart-Goshen, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Niles, MI area with a job density of 1.267 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.