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Average Securities, Commodities, and Financial Services Sales Agents Salary in Norwich-New London-Willimantic, CT

Yes, Norwich-New London-Willimantic, CT is a highly lucrative market for Securities, Commodities, and Financial Services Sales Agentss. With an average annual salary of $146,780, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $146,780 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $220,170.
  • Outlook: The current demand for Securities, Commodities, and Financial Services Sales Agentss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
2024 Market Data

Salary Overview

$146,780

The average Securities, Commodities, and Financial Services Sales Agents in Norwich-New London-Willimantic, CT earns+33.0%above the national average.

BreakdownBased on 40h/week
Hourly

$70.6

Weekly

$2,823

Monthly

$12,232

Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Norwich-New London-Willimantic, CT

The earning potential for Securities, Commodities, and Financial Services Sales Agentss in Norwich-New London-Willimantic, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $52,750, while highly experienced professionals can command wages upwards of $220,170.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$52,750$25.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$110,085$52.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$123,480$59.4
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$183,475$88.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$220,170$105.9

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

Relocation Context

Nominal Salary

$146,780

Gross Pay

Real Wage (Purchasing Power)

$146,780

Adjusted for COL (100)

In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $146,780 to $146,780.

Job Market Context

120

Total Jobs

0.935

Per 1K Jobs

0.31

Location Quotient

Low Concentration

At 0.31x, Norwich-New London-Willimantic, CT 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.

120 people work as Securities, Commodities, and Financial Services Sales Agents in Norwich-New London-Willimantic, CT.

Only 0.935 out of every 1,000 local jobs are Securities, Commodities, and Financial Services Sales Agents roles — this is a niche profession in the area.

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 Norwich-New London-Willimantic, CT?

The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Norwich-New London-Willimantic, CT is $146,780. This typically ranges from $52,750 for entry-level positions to $220,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Norwich-New London-Willimantic, CT is 33.0% higher than the national median of $110,380.

Is Norwich-New London-Willimantic, CT a good place for Securities, Commodities, and Financial Services Sales Agentss?

Yes, Norwich-New London-Willimantic, CT is financially attractive for Securities, Commodities, and Financial Services Sales Agentss. The average salary of $146,780 exceeds the national average. See distinct detailed breakdown below.

Is Norwich-New London-Willimantic, CT a good place to live for Securities, Commodities, and Financial Services Sales Agents?

The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Norwich-New London-Willimantic, CT?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($109,460) and Providence-Warwick, RI-MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Norwich-New London-Willimantic, CT area with a job density of 0.935 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.