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Average Securities, Commodities, and Financial Services Sales Agents Salary in Northern Michigan nonmetropolitan area

Yes, Northern Michigan nonmetropolitan area is a highly lucrative market for Securities, Commodities, and Financial Services Sales Agentss. With an average annual salary of $124,080, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $124,080 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $186,120.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Northern Michigan nonmetropolitan area economy.
2024 Market Data

Salary Overview

$124,080

The average Securities, Commodities, and Financial Services Sales Agents in Northern Michigan nonmetropolitan area earns+12.4%above the national average.

BreakdownBased on 40h/week
Hourly

$59.7

Weekly

$2,386

Monthly

$10,340

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Northern Michigan nonmetropolitan area

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Northern Michigan nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $45,910, while highly experienced professionals can command wages upwards of $186,120.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$45,910$22.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$93,060$44.7
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$68,600$33
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$155,100$74.6
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$186,120$89.5

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

Relocation Context

Nominal Salary

$124,080

Gross Pay

Real Wage (Purchasing Power)

$124,080

Adjusted for COL (100)

In Northern Michigan nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $124,080 to $124,080.

Job Market Context

180

Total Jobs

1.492

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Northern Michigan nonmetropolitan area 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.

180 people work as Securities, Commodities, and Financial Services Sales Agents in Northern Michigan nonmetropolitan area.

1.492 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 Northern Michigan nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Northern Michigan nonmetropolitan area is $124,080. This typically ranges from $45,910 for entry-level positions to $186,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Michigan nonmetropolitan area is 12.4% higher than the national median of $110,380.

Is Northern Michigan nonmetropolitan area a good place for Securities, Commodities, and Financial Services Sales Agentss?

Yes, Northern Michigan nonmetropolitan area is financially attractive for Securities, Commodities, and Financial Services Sales Agentss. The average salary of $124,080 exceeds the national average. See distinct detailed breakdown below.

Is Northern Michigan nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?

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

Where are the highest paying cities near Northern Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($107,190) and Saginaw, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Northern Michigan nonmetropolitan area area with a job density of 1.492 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.