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Average Securities, Commodities, and Financial Services Sales Agents Salary in Northeastern South Carolina nonmetropolitan area

In the Northeastern South Carolina nonmetropolitan area, Securities, Commodities, and Financial Services Sales Agents earn an average annual salary of $65,320. This figure significantly trails the national average of $110,380, reflecting the unique economic landscape and demand dynamics present in this specific region. Factors such as local industry concentration and the overall economic output of the area contribute to this pay differential.

Executive Summary

  • Average Salary: $65,320 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,420.
  • Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Northeastern South Carolina is characterized by a modest local workforce of 220 professionals. With a Location Quotient of 0.9, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of nearly 3 jobs per 1,000 workers indicates a consistent, albeit niche, employment base within the region.
2024 Market Data

Salary Overview

$65,320

The average Securities, Commodities, and Financial Services Sales Agents in Northeastern South Carolina nonmetropolitan area earns-40.8%below the national average.

BreakdownBased on 40h/week
Hourly

$31.4

Weekly

$1,256

Monthly

$5,443

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Northeastern South Carolina nonmetropolitan area

Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary scale. Entry-level positions often start at lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$37,870$18.2
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$48,990$23.6
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$47,870$23
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$81,650$39.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$109,420$52.6

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

Relocation Context

Nominal Salary

$65,320

Gross Pay

Real Wage (Purchasing Power)

$65,320

Adjusted for COL (100)

The nominal average salary of $65,320 in Northeastern South Carolina aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income locally is equivalent to the national average. Therefore, the lower salary is effectively offset by the comparable cost of living, making the financial aspect of relocating neutral.

Job Market Context

220

Total Jobs

2.764

Per 1K Jobs

0.9

Location Quotient

Below Average

Northeastern South Carolina nonmetropolitan area has 0.90x 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.

A Location Quotient of 0.9 indicates that the concentration of Securities, Commodities, and Financial Services Sales Agents in Northeastern South Carolina is just shy of the national average. This suggests a market that is neither oversaturated nor exceptionally scarce in terms of these professionals. The job market is likely competitive, with opportunities available but requiring a solid understanding of local economic drivers.

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 Northeastern South Carolina nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Northeastern South Carolina nonmetropolitan area is $65,320. This typically ranges from $37,870 for entry-level positions to $109,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeastern South Carolina nonmetropolitan area is 40.8% lower than the national median of $110,380.

Is Northeastern South Carolina nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, not compared to the national average.The average salary of $65,320 is substantially lower than the national average of $110,380. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Northeastern South Carolina nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Northeastern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeastern South Carolina nonmetropolitan area?

Some top paying nearby cities include Columbia, SC ($83,510) and Sumter, SC.

How does the local workforce size affect job prospects?

A local workforce of 220 suggests a relatively small, specialized market. While this can mean less competition for experienced individuals, it also indicates fewer overall openings compared to larger metropolitan areas.

What does a Location Quotient of 0.9 signify?

A Location Quotient of 0.9 means that these roles are slightly less concentrated in Northeastern South Carolina than they are nationally. This implies a stable, but not dominant, presence of this profession in the region.

How does the cost of living impact the salary?

With a Cost of Living Index of 100, the $65,320 salary offers purchasing power equivalent to the national average. This suggests that the lower nominal salary is balanced by lower local expenses, relative to the national median.

What are the typical career paths for these agents?

Career paths often involve moving from entry-level sales roles to more senior positions managing client portfolios, specializing in specific financial products, or potentially moving into management or advisory roles, with corresponding salary increases.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Northeastern South Carolina nonmetropolitan area area with a job density of 2.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.