Average Securities, Commodities, and Financial Services Sales Agents Salary in Pittsburgh, PA
Securities, Commodities, and Financial Services Sales Agents in Pittsburgh, PA, can expect an average annual salary of $99,840. This figure is notably below the national average of $110,380, reflecting regional economic factors and market demand specific to the Pittsburgh area. While the nominal salary is lower, understanding the local economic landscape is crucial for evaluating compensation.
Executive Summary
- Average Salary: $99,840 per year.
- Growth Trend: Salaries have shifted 1.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $200,500.
- Outlook: The Pittsburgh market for Securities, Commodities, and Financial Services Sales Agents comprises a workforce of 2,900 individuals. With a Location Quotient of 0.85, the concentration of these roles in Pittsburgh is slightly below the national average, suggesting a stable but not exceptionally dense job market. The presence of 2.617 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these professionals within the region.
Salary Overview
The average Securities, Commodities, and Financial Services Sales Agents in Pittsburgh, PA earns-9.5%below the national average.
$48
$1,920
$8,320
Securities, Commodities, and Financial Services Sales Agents Salary Trends (2020-2024)
While specific historical data for Pittsburgh is not provided, it is generally assumed that the financial services sector, including roles like Securities, Commodities, and Financial Services Sales Agents, has experienced steady growth over the past four years. This trend is often driven by evolving market dynamics, increased demand for financial products, and the expansion of financial institutions, which typically leads to salary increases across various experience levels.
Securities, Commodities, and Financial Services Sales Agents Salary Distribution in Pittsburgh, PA
Salary progression for Securities, Commodities, and Financial Services Sales Agents in Pittsburgh typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and specialized knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding expertise and performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $48,140 | $23.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $74,880 | $36 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $71,960 | $34.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $124,800 | $60 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $200,500 | $96.4 |
Detailed Securities, Commodities, and Financial Services Sales Agents Market Analysis
Relocation Context
Nominal Salary
$99,840
Gross Pay
Real Wage (Purchasing Power)
$99,840
Adjusted for COL (100)
The average annual salary of $99,840 in Pittsburgh aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary in Pittsburgh is equivalent to the national average, offering a balanced financial standing for professionals in this role.
Job Market Context
2,900
Total Jobs
2.617
Per 1K Jobs
0.85
Location Quotient
Pittsburgh, PA has 0.85x 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.
A Location Quotient of 0.85 indicates that Pittsburgh has a slightly lower concentration of Securities, Commodities, and Financial Services Sales Agents compared to the national average. This suggests that while the market is established, it may offer fewer opportunities or less intense competition than more concentrated metropolitan areas, potentially providing a more stable environment for those already in the field.
Nearby Job Markets
Nearby Cities for Securities, Commodities, and Financial Services Sales Agents
Comparing salaries near Pittsburgh, PA
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Frequently Asked Questions
How much does a Securities, Commodities, and Financial Services Sales Agents make in Pittsburgh, PA?
The median annual salary for a Securities, Commodities, and Financial Services Sales Agents in Pittsburgh, PA is $99,840. This typically ranges from $48,140 for entry-level positions to $200,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pittsburgh, PA is 9.5% lower than the national median of $110,380.
Is Pittsburgh, PA a lucrative place for Securities, Commodities, and Financial Services Sales Agentss?
No, not exceptionally lucrative compared to the national average.The average salary of $99,840 is below the national average of $110,380, although the cost of living is on par with the national average.
Is Pittsburgh, PA a good place to live for Securities, Commodities, and Financial Services Sales Agents?
The Cost of Living Index in Pittsburgh, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pittsburgh, PA?
Some top paying nearby cities include Weirton-Steubenville, WV-OH ($60,490) and Wheeling, WV-OH.
What is the average salary for a Securities, Commodities, and Financial Services Sales Agent in Pittsburgh, PA?
The average annual salary for a Securities, Commodities, and Financial Services Sales Agent in Pittsburgh, PA is $99,840.
How does Pittsburgh's salary compare to the national average?
The average salary in Pittsburgh ($99,840) is lower than the national average ($110,380) for this profession.
What is the Cost of Living Index in Pittsburgh, PA?
The Cost of Living Index in Pittsburgh, PA is 100, which is equivalent to the national average.
How concentrated is the job market for this role in Pittsburgh?
The job market concentration, indicated by a Location Quotient of 0.85, is slightly below the national average, suggesting a stable but not overly saturated market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,900 employees in the Pittsburgh, PA area with a job density of 2.617 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 Pittsburgh, PA