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Average Securities, Commodities, and Financial Services Sales Agents Salary in Northwestern Pennsylvania nonmetropolitan area

Securities, Commodities, and Financial Services Sales Agents in Northwestern Pennsylvania's nonmetropolitan area earn an average annual salary of $74,960. This figure significantly trails the national average of $110,380, reflecting the distinct economic landscape and demand drivers present in this region compared to major metropolitan hubs.

Executive Summary

  • Average Salary: $74,960 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $125,780.
  • Outlook: With a total local workforce of 200 professionals in this specific role, the Northwestern Pennsylvania nonmetropolitan area presents a niche market. The Location Quotient of 0.42 indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially less robust job market for new entrants.
2024 Market Data

Salary Overview

$74,960

The average Securities, Commodities, and Financial Services Sales Agents in Northwestern Pennsylvania nonmetropolitan area earns-32.1%below the national average.

BreakdownBased on 40h/week
Hourly

$36

Weekly

$1,442

Monthly

$6,247

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Northwestern Pennsylvania nonmetropolitan area

Career progression for Securities, Commodities, and Financial Services Sales Agents is typically marked by increasing earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries, often reaching into the upper percentiles, reflecting their specialized knowledge and client management skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$44,210$21.3
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$56,220$27
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$48,260$23.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$93,700$45
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$125,780$60.5

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

Relocation Context

Nominal Salary

$74,960

Gross Pay

Real Wage (Purchasing Power)

$74,960

Adjusted for COL (100)

The nominal average salary of $74,960 in Northwestern Pennsylvania's 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 while the nominal pay is lower than the national average for this profession, the cost of living does not exacerbate the difference.

Job Market Context

200

Total Jobs

1.293

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Northwestern Pennsylvania 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.

The Location Quotient of 0.42 for Securities, Commodities, and Financial Services Sales Agents in Northwestern Pennsylvania's nonmetropolitan area signifies that this profession is less concentrated locally than the national average. This suggests that while there may be fewer job opportunities compared to more populous areas, the market is not oversaturated, potentially offering a stable environment for those already established in the field.

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 Northwestern Pennsylvania nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Northwestern Pennsylvania nonmetropolitan area is $74,960. This typically ranges from $44,210 for entry-level positions to $125,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Pennsylvania nonmetropolitan area is 32.1% lower than the national median of $110,380.

Is Northwestern Pennsylvania nonmetropolitan area a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?

No, not compared to the national average.The average salary of $74,960 is substantially lower than the national average of $110,380. However, the cost of living is also at the national average, mitigating some of the disparity in purchasing power.

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

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

Where are the highest paying cities near Northwestern Pennsylvania nonmetropolitan area?

Some top paying nearby cities include Williamsport, PA ($77,940) and State College, PA.

How does the local job market compare to the national average for this role?

The local job market in Northwestern Pennsylvania's nonmetropolitan area has a lower concentration of Securities, Commodities, and Financial Services Sales Agents, as indicated by a Location Quotient of 0.42. This means the profession is less prevalent locally than it is nationwide.

What is the average number of these jobs per 1,000 workers in the area?

In the Northwestern Pennsylvania nonmetropolitan area, there are approximately 1.293 jobs per 1,000 workers for Securities, Commodities, and Financial Services Sales Agents.

Does the cost of living affect the perceived value of the salary?

The Cost of Living Index in Northwestern Pennsylvania's nonmetropolitan area is 100, which is the national average. Therefore, the $74,960 salary offers purchasing power equivalent to the national average, despite being lower than the national salary average for the role.

How many Securities, Commodities, and Financial Services Sales Agents are there locally?

The total local workforce for Securities, Commodities, and Financial Services Sales Agents in the Northwestern Pennsylvania nonmetropolitan area consists of approximately 200 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Northwestern Pennsylvania nonmetropolitan area area with a job density of 1.293 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.