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Average Securities, Commodities, and Financial Services Sales Agents Salary in Northwestern Region of Texas nonmetropolitan area

Securities, Commodities, and Financial Services Sales Agents in the Northwestern Region of Texas nonmetropolitan area are earning an impressive average annual salary of $111,460. This figure slightly surpasses the national average of $110,380, indicating a strong demand for these specialized roles within this specific geographic locale. The localized economic drivers and industry focus in this region likely contribute to this competitive compensation.

Executive Summary

  • Average Salary: $111,460 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,190.
  • Outlook: With a total local workforce of 260 professionals in this field, the Northwestern Region of Texas nonmetropolitan area presents a niche but stable employment landscape for Securities, Commodities, and Financial Services Sales Agents. The Location Quotient of 0.45 suggests that while the concentration of these roles is below the national average, the existing workforce is dedicated and likely integral to the regional economy.
2024 Market Data

Salary Overview

$111,460

The average Securities, Commodities, and Financial Services Sales Agents in Northwestern Region of Texas nonmetropolitan area earns+1.0%above the national average.

BreakdownBased on 40h/week
Hourly

$53.6

Weekly

$2,143

Monthly

$9,288

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Northwestern Region of Texas nonmetropolitan area

Career progression for Securities, Commodities, and Financial Services Sales Agents is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with extensive experience and a proven track record can command salaries significantly higher than the average, often reaching the upper percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$38,990$18.7
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$83,595$40.2
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$80,490$38.7
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$139,325$67
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$167,190$80.4

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

Relocation Context

Nominal Salary

$111,460

Gross Pay

Real Wage (Purchasing Power)

$111,460

Adjusted for COL (100)

The average annual salary of $111,460 in the Northwestern Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial footing for residents without the added pressure of higher living expenses.

Job Market Context

260

Total Jobs

1.385

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Northwestern Region of Texas 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.

A Location Quotient of 0.45 indicates that Securities, Commodities, and Financial Services Sales Agents are less concentrated in the Northwestern Region of Texas nonmetropolitan area compared to the national average. This suggests a less saturated job market, potentially offering greater opportunities for skilled professionals to establish themselves and advance their careers without intense competition.

Nearby Job Markets

Nearby Cities for Securities, Commodities, and Financial Services Sales Agents

Comparing salaries near Northwestern Region of Texas 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 Northwestern Region of Texas nonmetropolitan area?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Northwestern Region of Texas nonmetropolitan area is $111,460. This typically ranges from $38,990 for entry-level positions to $167,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 1.0% higher than the national median of $110,380.

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

Yes, it offers competitive compensation.The average salary of $111,460 slightly exceeds the national average, and the cost of living is on par with the national average, making it a financially attractive location.

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

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

Where are the highest paying cities near Northwestern 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 260 suggests a focused market; while not as large as metropolitan areas, it indicates a dedicated presence and potential for specialized roles.

What does a Location Quotient of 0.45 signify?

It means that for every 1,000 workers nationally, there are 450 in this specific role, indicating a lower concentration locally, which can mean less competition.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the $111,460 salary has the same purchasing power as the national average, providing good financial stability.

Are there many job openings for this role in this region?

The number of jobs per 1,000 workers is 1.385, suggesting a moderate but steady presence of these roles within the regional 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 260 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 1.385 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.