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Average Securities, Commodities, and Financial Services Sales Agents Salary in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Securities, Commodities, and Financial Services Sales Agents in the North Northeastern Ohio nonmetropolitan area (noncontiguous) earn an average annual salary of $79,670. This figure significantly trails the national average of $110,380, reflecting the distinct economic landscape and potentially lower demand for specialized financial services in non-urbanized regions. The lower average salary is a direct consequence of the location's economic drivers and the concentration of these roles.

Executive Summary

  • Average Salary: $79,670 per year.
  • Growth Trend: Salaries have shifted 5.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,000.
  • Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in this nonmetropolitan Ohio region appears to be relatively niche, with a total local workforce of 240 individuals in this role. The Location Quotient of 0.31 indicates a lower concentration of these professionals compared to the national average, suggesting that while opportunities exist, they are not as abundant as in major metropolitan hubs.
2024 Market Data

Salary Overview

$79,670

The average Securities, Commodities, and Financial Services Sales Agents in North Northeastern Ohio nonmetropolitan area (noncontiguous) earns-27.8%below the national average.

BreakdownBased on 40h/week
Hourly

$38.3

Weekly

$1,532

Monthly

$6,639

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in North Northeastern Ohio nonmetropolitan area (noncontiguous)

Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with a proven track record and a robust client base can command substantially higher earnings. The percentile gaps in salary data signify this career trajectory, with senior agents consistently earning well above the average.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$38,240$18.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$59,753$28.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$50,170$24.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$99,588$47.9
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$127,000$61.1

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

Relocation Context

Nominal Salary

$79,670

Gross Pay

Real Wage (Purchasing Power)

$79,670

Adjusted for COL (100)

The nominal average salary of $79,670 in the North Northeastern Ohio nonmetropolitan area (noncontiguous) is positioned directly against a Cost of Living Index of 100, which is the national average. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the effective value of earnings comparable on a cost-adjusted basis.

Job Market Context

240

Total Jobs

0.962

Per 1K Jobs

0.31

Location Quotient

Low Concentration

At 0.31x, North Northeastern Ohio nonmetropolitan area (noncontiguous) 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.

With a Location Quotient of 0.31, the market for Securities, Commodities, and Financial Services Sales Agents in the North Northeastern Ohio nonmetropolitan area (noncontiguous) is not heavily concentrated. This suggests a less competitive environment in terms of the sheer number of professionals vying for roles, but it also implies a potentially smaller pool of available positions compared to areas with a higher concentration of financial services.

Nearby Job Markets

Nearby Cities for Securities, Commodities, and Financial Services Sales Agents

Comparing salaries near North Northeastern Ohio nonmetropolitan area (noncontiguous)

Hiring Securities, Commodities, and Financial Services Sales Agentss?

Frequently Asked Questions

How much does a Securities, Commodities, and Financial Services Sales Agents make in North Northeastern Ohio nonmetropolitan area (noncontiguous)?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in North Northeastern Ohio nonmetropolitan area (noncontiguous) is $79,670. This typically ranges from $38,240 for entry-level positions to $127,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 27.8% lower than the national median of $110,380.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, not compared to the national average.While the cost of living is average, the average salary of $79,670 is significantly lower than the national average of $110,380, indicating less lucrative opportunities in this specific region.

Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Northeastern Ohio nonmetropolitan area (noncontiguous)?

Some top paying nearby cities include Mansfield, OH ($65,050) and Columbus, OH.

How does the local salary compare to the national average?

The average annual salary for Securities, Commodities, and Financial Services Sales Agents in this nonmetropolitan Ohio area is $79,670, which is considerably lower than the national average of $110,380.

What is the Cost of Living in this region?

The Cost of Living Index for the North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100, which is exactly the national average.

How concentrated are these jobs in the area?

The concentration of these jobs, indicated by a Location Quotient of 0.31, is below the national average, suggesting a lower presence of these professionals compared to other regions.

What does the total local workforce number mean?

A total local workforce of 240 for this role indicates a relatively small, specialized segment of the regional economy, highlighting the niche nature of these positions in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the North Northeastern Ohio nonmetropolitan area (noncontiguous) area with a job density of 0.962 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.