Securities, Commodities, and Financial Services Sales Agents in Olympia-Lacey-Tumwater, WA, earn an average annual salary of $101,570. This figure is slightly below the national average of $110,380, suggesting that while the market is stable, specific regional economic factors or industry concentration may influence compensation levels. The local economic landscape and demand within the financial services sector play a crucial role in shaping these earnings.
Executive Summary
- Average Salary: $101,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,480.
- Outlook: The local job market for Securities, Commodities, and Financial Services Sales Agents in Olympia-Lacey-Tumwater, WA, comprises a workforce of 210 individuals. With a Location Quotient of 0.53, the concentration of these roles is below the national average, indicating a less saturated but potentially growing market. The rate of 1.625 jobs per 1,000 workers suggests a steady, albeit not booming, demand for these specialized professionals within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Olympia-Lacey-Tumwater, WA earns-8.0%below the national average.
$48.8
$1,953
$8,464
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salaries for Securities, Commodities, and Financial Services Sales Agents in Olympia-Lacey-Tumwater, WA, have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving market demands, and inflation typically contribute to upward salary adjustments in this sector, reflecting increased responsibilities and the need to attract and retain skilled talent.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Olympia-Lacey-Tumwater, WA
Career progression for Securities, Commodities, and Financial Services Sales Agents significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and a proven track record can command substantially higher compensation. The percentile gaps in salary distribution clearly signify the career trajectory and the rewards associated with advancing expertise and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $42,880 | $20.6 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $76,178 | $36.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $74,640 | $35.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $126,963 | $61 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $168,480 | $81 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$101,570
Gross Pay
Real Wage (Purchasing Power)
$101,570
Adjusted for COL (100)
The nominal average annual salary of $101,570 in Olympia-Lacey-Tumwater, WA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an agent's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
210
Total Jobs
1.625
Per 1K Jobs
0.53
Location Quotient
Olympia-Lacey-Tumwater, WA has 0.53x the national average concentration of Securities, Commodities, and Financial Services Sales Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.53, the Olympia-Lacey-Tumwater, WA, market for Securities, Commodities, and Financial Services Sales Agents is less concentrated than the national average. This suggests that while opportunities exist, the job market is not oversaturated, potentially offering a more competitive environment for job seekers looking to establish themselves or for employers seeking specialized talent. The lower concentration indicates room for growth and development within the local financial services industry.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Olympia-Lacey-Tumwater, WA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Olympia-Lacey-Tumwater, WA is $101,570. This typically ranges from $42,880 for entry-level positions to $168,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 8.0% lower than the national median of $110,380.
Is Olympia-Lacey-Tumwater, WA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, it is slightly below the national average.The average salary of $101,570 is below the national average of $110,380, indicating it's not the most lucrative market. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Olympia-Lacey-Tumwater, WA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($99,130) and Seattle-Tacoma-Bellevue, WA.
How does the local workforce size affect job prospects?
A local workforce of 210 suggests a niche market; while not large, it indicates a dedicated presence of these professionals, potentially leading to specialized opportunities.
What does a Location Quotient of 0.53 mean for job seekers?
A Location Quotient below 1.0 signifies less concentration than the national average, meaning fewer competitors but also potentially fewer available positions compared to more saturated markets.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the $101,570 salary offers purchasing power equivalent to the national average, making it a stable financial environment.
Are there many jobs per 1,000 workers for this role in Olympia?
With 1.625 jobs per 1,000 workers, the availability is modest, suggesting a steady but not overwhelming demand for Securities, Commodities, and Financial Services Sales Agents in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 1.625 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 Olympia-Lacey-Tumwater, WA