Securities, Commodities, and Financial Services Sales Agents in the North Region of Texas nonmetropolitan area are earning an impressive average annual salary of $121,450. This figure notably surpasses the national average of $110,380, suggesting that specialized financial roles in this region command a premium. The unique economic landscape and demand for financial expertise likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $121,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $182,175.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in the North Region of Texas nonmetropolitan area appears stable, with a total local workforce of 470 individuals in this role. The Location Quotient of 0.56 indicates a concentration below the national average, suggesting that while the absolute number of jobs is present, the field is not as densely populated as in other areas, potentially leading to less competition for skilled professionals.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in North Region of Texas nonmetropolitan area earns+10.0%above the national average.
$58.4
$2,336
$10,121
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 the North Region of Texas nonmetropolitan area have experienced growth over the past four years, mirroring national trends in the financial sector. Increased demand for financial advisory services and a growing economy typically drive up compensation for experienced professionals in this field.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in North Region of Texas nonmetropolitan area
Career progression for Securities, Commodities, and Financial Services Sales Agents significantly impacts earning potential. Entry-level positions typically offer salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The percentile gaps in salary distributions clearly signify the substantial rewards associated with advancing through senior-level roles and accumulating specialized expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $44,880 | $21.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $91,088 | $43.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $59,540 | $28.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $151,813 | $73 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $182,175 | $87.6 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$121,450
Gross Pay
Real Wage (Purchasing Power)
$121,450
Adjusted for COL (100)
The average annual salary of $121,450 in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation for residents. While the salary is higher than the national average, the cost of living being at par suggests that the increased earnings are not solely due to inflated local expenses but rather a reflection of the job market's demand.
Job Market Context
470
Total Jobs
1.723
Per 1K Jobs
0.56
Location Quotient
North Region of Texas nonmetropolitan area has 0.56x 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 0.56, the North Region of Texas nonmetropolitan area has a lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that the job market is less saturated, potentially offering more opportunities for individuals entering the field or seeking to advance their careers without facing intense competition from a large pool of similar professionals.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near North Region of Texas nonmetropolitan area
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in North Region of Texas nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in North Region of Texas nonmetropolitan area is $121,450. This typically ranges from $44,880 for entry-level positions to $182,175 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Region of Texas nonmetropolitan area is 10.0% higher than the national median of $110,380.
Is North Region of Texas nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
Yes, it is a lucrative place.The average salary of $121,450 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is North Region of Texas nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($73,270) and Waco, TX.
How does the local workforce size impact job opportunities?
A local workforce of 470 indicates a moderate presence of these professionals, suggesting a stable but not overly saturated job market, which can be favorable for job seekers.
What does a Location Quotient of 0.56 signify?
A Location Quotient of 0.56 means that this profession is less concentrated in the North Region of Texas nonmetropolitan area compared to the national average, implying potentially fewer competitors for available roles.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $121,450 salary offers purchasing power equivalent to the national average, making it a financially sound location for these professionals.
Are there many job openings for this role in North Texas nonmetropolitan areas?
While the exact number of openings isn't provided, the jobs per 1,000 workers metric of 1.723 suggests a consistent demand for these services within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the North Region of Texas nonmetropolitan area area with a job density of 1.723 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 Region of Texas nonmetropolitan area