Securities, Commodities, and Financial Services Sales Agents in Northwest Virginia nonmetropolitan area earn an average annual salary of $60,330. This figure is notably lower than the national average of $110,380, reflecting the unique economic landscape and demand specific to this region. Factors such as local industry concentration and the overall economic activity in nonmetropolitan areas often influence compensation levels compared to larger urban centers.
Executive Summary
- Average Salary: $60,330 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,290.
- Outlook: The job market for Securities, Commodities, and Financial Services Sales Agents in Northwest Virginia nonmetropolitan area appears stable, with a total local workforce of 220 individuals in this role. The Location Quotient of 1.12 suggests a slightly higher concentration of these professionals compared to the national average, indicating a steady, albeit not booming, demand within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Northwest Virginia nonmetropolitan area earns-45.3%below the national average.
$29
$1,160
$5,028
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Securities, Commodities, and Financial Services Sales Agents have seen gradual growth over the past four years, mirroring national trends. Economic shifts and evolving market demands typically drive modest increases in compensation for skilled professionals in the financial services sector.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Northwest Virginia nonmetropolitan area
Career progression for Securities, Commodities, and Financial Services Sales Agents typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by seasoned professionals often widens considerably, reflecting accumulated expertise, client portfolios, and a proven track record of success in sales and financial advisory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $47,260 | $22.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,248 | $21.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $47,750 | $23 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $75,413 | $36.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $76,290 | $36.7 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$60,330
Gross Pay
Real Wage (Purchasing Power)
$60,330
Adjusted for COL (100)
The average annual salary of $60,330 in Northwest Virginia nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the nominal salary offers a standard of living comparable to the rest of the country, without the premium often associated with higher cost-of-living areas.
Job Market Context
220
Total Jobs
3.427
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Northwest Virginia nonmetropolitan area has a slightly higher-than-average concentration of Securities, Commodities, and Financial Services Sales Agents roles compared to the national norm.
With a Location Quotient of 1.12, Northwest Virginia nonmetropolitan area exhibits a slightly higher concentration of Securities, Commodities, and Financial Services Sales Agents than the national average. This indicates a moderately competitive market where the demand for these services is present and perhaps slightly more pronounced relative to the general workforce, though not to the extent of a highly saturated or specialized market.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Securities, Commodities, and Financial Services Sales Agents Salary | $113,670↑ 88% | 41 mi |
| Staunton-Stuarts Draft, VA Securities, Commodities, and Financial Services Sales Agents Salary | $70,130↑ 16% | 56 mi |
| Lynchburg, VA Securities, Commodities, and Financial Services Sales Agents Salary | $66,690↑ 11% | 61 mi |
Comparing salaries near Northwest Virginia nonmetropolitan area
Hiring Securities, Commodities, and Financial Services Sales Agentss?
Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Northwest Virginia nonmetropolitan area?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Northwest Virginia nonmetropolitan area is $60,330. This typically ranges from $47,260 for entry-level positions to $76,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Virginia nonmetropolitan area is 45.3% lower than the national median of $110,380.
Is Northwest Virginia nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not compared to the national average.The average salary of $60,330 is significantly below the national average of $110,380, indicating less lucrative earning potential in this specific nonmetropolitan region.
Is Northwest Virginia nonmetropolitan area a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Northwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Virginia nonmetropolitan area?
Some top paying nearby cities include Richmond, VA ($113,670) and Staunton-Stuarts Draft, VA.
How does the local workforce size affect job prospects?
A local workforce of 220 for this role suggests a niche market; while not extremely large, it indicates a consistent presence and potential for stable employment opportunities within the region.
What does a Location Quotient of 1.12 mean for job seekers?
A Location Quotient of 1.12 signifies that this area has a slightly higher concentration of these professionals than the national average, suggesting a stable demand that may be slightly more favorable than in areas with a lower quotient.
How does the Cost of Living impact the $60,330 salary?
With a Cost of Living Index of 100, the $60,330 salary offers purchasing power equivalent to the national average, meaning your earnings will stretch as far as they would in a typical U.S. location.
Are there many job openings for this role in Northwest Virginia nonmetropolitan area?
While the total workforce is 220, the number of job openings fluctuates with market conditions. The jobs per 1,000 workers metric (3.427) provides a better indicator of current demand relative to the overall employment landscape.
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 Northwest Virginia nonmetropolitan area area with a job density of 3.427 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 Northwest Virginia nonmetropolitan area