Average Securities, Commodities, and Financial Services Sales Agents Salary in North Carolina
Securities, Commodities, and Financial Services Sales Agents in North Carolina earn an average annual salary of $96,780. This figure is notably below the national average of $110,380, suggesting that while the state offers a significant presence in this sector, compensation may be influenced by regional economic factors and a lower cost of living.
Executive Summary
- Average Salary: $96,780 per year.
- Growth Trend: Salaries have shifted 6.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,020.
- Outlook: With a local workforce of 18,530 professionals, North Carolina demonstrates a substantial concentration of Securities, Commodities, and Financial Services Sales Agents, as indicated by a Location Quotient of 1.23. This suggests a robust and slightly more concentrated market than the national average, implying a steady demand for skilled individuals in this field within the state.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in North Carolina earns-12.3%below the national average.
$46.5
$1,861
$8,065
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 North Carolina have experienced growth over the past four years, mirroring national trends of increasing compensation in the financial services sector. This growth is likely driven by market demand, inflation, and evolving industry standards.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in North Carolina
Career progression for Securities, Commodities, and Financial Services Sales Agents in North Carolina typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise and build client portfolios, their earning potential can ascend to higher percentiles, reflecting greater responsibility and proven success.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $46,750 | $22.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $72,585 | $34.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $75,850 | $36.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $120,975 | $58.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $175,020 | $84.1 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$96,780
Gross Pay
Real Wage (Purchasing Power)
$101,981
Adjusted for COL (94.9)
The average salary of $96,780 in North Carolina presents a favorable financial standing when compared to the state's Cost of Living Index of 94.9. This index, being below the national average of 100, indicates that the purchasing power of the salary is likely higher than the nominal amount suggests, offering a comfortable lifestyle relative to national benchmarks.
Job Market Context
18,530
Total Jobs
3.782
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, North Carolina has a slightly higher-than-average concentration of Securities, Commodities, and Financial Services Sales Agents roles compared to the national norm.
North Carolina's Location Quotient of 1.23 for Securities, Commodities, and Financial Services Sales Agents signifies a market that is 23% more concentrated than the national average. This indicates a competitive yet potentially opportunity-rich environment, where the presence of more professionals than the national ratio suggests a strong industry footprint and sustained demand.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near North Carolina
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in North Carolina?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in North Carolina is $96,780. This typically ranges from $46,750 for entry-level positions to $175,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Carolina is 12.3% lower than the national median of $110,380.
Is North Carolina a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, with a caveat regarding the national average.While the average salary of $96,780 is below the national average, North Carolina's lower cost of living enhances the purchasing power of this salary. The strong concentration of professionals also indicates a healthy job market.
Is North Carolina a good place to live for Securities, Commodities, and Financial Services Sales Agents?
With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near North Carolina?
Some top paying nearby cities include Greensboro-High Point, NC ($112,390) and Pinehurst-Southern Pines, NC.
How does North Carolina's cost of living affect salary perception?
With a Cost of Living Index of 94.9, North Carolina is more affordable than the national average. This means the $96,780 salary likely offers a higher real income and better purchasing power for residents compared to earning the national average in a more expensive state.
What does the Location Quotient of 1.23 mean for job seekers?
A Location Quotient of 1.23 indicates that Securities, Commodities, and Financial Services Sales Agents are more concentrated in North Carolina than in the U.S. overall. This suggests a robust industry presence and potentially more job opportunities, but also a more competitive landscape.
How many Securities, Commodities, and Financial Services Sales Agents work in North Carolina?
There are approximately 18,530 Securities, Commodities, and Financial Services Sales Agents employed in North Carolina, representing 3.782 jobs per 1,000 workers in the state's overall labor force.
Is the salary for this role expected to increase in North Carolina?
While specific trends aren't detailed, financial services roles generally see salary growth due to market demand and economic factors. It's reasonable to expect continued, albeit potentially moderate, salary increases for these professionals in North Carolina over time.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 18,530 employees in the North Carolina area with a job density of 3.782 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 North Carolina